The Minister of Petroleum Resources (Oil), Heineken Lokpobiri, has called on Engineering, Procurement, and Construction (EPC) companies that exited Nigeria in recent years to return, as the country pushes for …
Nigeria Oil Sector
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EconomyEnergyGOVERNMENTInfrastructureINVESTMENTOil & Gas
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BankingEconomyEnergyFinance & ServicesInfrastructureNigeriaOil & GasTrade and Commerce
Afreximbank Grants $1.35bn Loan to Dangote Industries to Boost Refinery Operations
The African Export-Import Bank (Afreximbank) has given a major financial boost to Dangote Industries Limited (DIL) by approving a $1.35 billion loan facility to support its massive refinery project. This …
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BusinessEconomyEnergyMarketsOil & GasPolitics
Tinubu Meets Dangote at State House, Restates Support for African-Led Energy Market
President Bola Ahmed Tinubu on Tuesday evening received billionaire industrialist and Chairman of Dangote Group, Alhaji Aliko Dangote, at the Presidential Villa in Abuja for a private meeting, underscoring the …
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BusinessEconomyEnergyGOVERNMENTINVESTMENTOil & Gas
NOG Energy Week 2025 to Host Top African Oil and Gas Leaders in Abuja
Some of the biggest names in Africa’s oil and gas industry are preparing to attend the 24th edition of NOG Energy Week, which will take place from June 29 to …
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BusinessDevelopmentEconomyEnergyGOVERNMENTInfrastructureINVESTMENTOil & Gas
Seplat Energy Boosts Production in Q1 2025, Hits 131,561 Barrels Daily, Reports $306.5m Operational Cash Flow
Seplat Energy has recorded a major leap in its hydrocarbon production, with average daily output reaching 131,561 barrels of oil equivalent per day (boepd) in the first quarter of 2025. …
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The Federal Government has placed a ban on the importation of oil pipelines into Nigeria. The Minister of Petroleum Resources (Oil), Senator Heineken Lokpobiri, made this known on Thursday during …
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Business and EconomyEnergyGOVERNMENTNigeriaOil & GasWestern Africa
Adesua Dozie, Three Others Appointed to NNPC Management as Reshuffling Continues
The Nigerian National Petroleum Company (NNPC) Limited has appointed Adesua Dozie and three others into top management positions, as part of an ongoing shake-up aimed at boosting efficiency and attracting …