Nigeria to earn $1bn from electricity exports
Nigeria plans to generate N1.49 trillion annually by exporting 600MW of electricity to 15 West African countries following successful grid synchronization tests. Full details on this energy breakthrough.
Nigeria plans to generate N1.49 trillion annually by exporting 600MW of electricity to 15 West African countries following successful grid synchronization tests. Full details on this energy breakthrough.
MOSOP USA calls for Ogoni oil blocks removal from bidding rounds to protect fragile peace process. Federal Government urged to prioritize reconciliation before oil resumption.
Nigeria's oil production exceeds 1.7 million barrels daily as NUPRC reforms gain international support. Discover how Komolafe's leadership is driving sector recovery.
Lagos State Truck Operators commend Apapa Port Manager Adebowale Lawal's 24/7 dedication that resolved export truck gridlock. Discover how his leadership transformed port access roads.
House of Representatives committee pledges to halt massive revenue losses in Nigeria's oil and non-oil export sectors, aiming to recover billions lost annually through systemic leakages.
International Trade Centre reveals Nigeria's $3.9 billion untapped export opportunities in cocoa, cashew, coffee. Discover how Nigeria can boost forex earnings.
Nigerian petroleum refiners urge government intervention on crude oil pricing and supply challenges. CORAN seeks regulatory protection to compete against importers.
Emadeb Exploration and Production Company Limited has commenced commercial oil production from Ibom Field PPL 236, marking a significant milestone for Nigeria's upstream oil sector and indigenous operators.
Serbia confronts a winter energy crisis as US sanctions on Russian-owned NIS threaten oil supplies. President Vučić seeks to avoid confiscation of Russian shares. Read more.
Nigeria's 2025 oil licensing round announced by NUPRC marks turning point for energy sector. Global investors show renewed interest as reforms boost transparency and production targets.
The International Energy Agency reports a growing oil supply surplus, forecasting a 4 million bpd oversupply by 2026. Discover the market implications for Nigeria.
Experts reveal Nigeria loses $15 billion yearly to oil theft, undermining Tinubu's reforms and economic growth. Urgent action is needed to secure the nation's energy future.
Nigeria's NUPRC launches 2025 oil licensing round on December 1, earning praise for transparency and potential to boost production beyond 2 million barrels daily.
NUPRC confirms 2025 oil licensing round starting December 1, aiming to boost Nigeria's crude production and create new investment opportunities. Learn how this could transform Nigeria's energy sector.
Federal Government considers selling NNPC assets as crude output plummets. Presidential adviser reveals restructuring plans to revive Nigeria's energy sector. Read more.
A South African woman's viral TikTok video questions Donald Trump's true motives behind his threat to send troops to Nigeria, suggesting oil interests rather than Christian protection.
Stakeholders at North West civic conference commend President Tinubu for Petroleum Industry Act implementation, citing transparency and investment growth. Read more.
Nigeria's oil industry receives major momentum as the EMEM FPSO initiative promises to revolutionize production capacity, adding one million barrels per day to national output and strengthening economic growth.
Energy specialists warn Nigeria faces economic disaster as lack of local expertise and unstable policies threaten to leave billions in oil reserves untapped and worthless.
The Nigerian Ports Authority expresses deep concern as local importers and exporters fail to maximize Africa's deepest seaport, raising questions about economic priorities.
Nigeria Ports Authority exposes shocking underutilization of Lekki Deep Sea Port as local businesses fail to leverage Africa's deepest port facility, missing massive trade opportunities.
Ondo State celebrates as refinery construction begins, promising job creation, economic growth, and energy independence for Nigeria's oil-rich region.
Discover how African nations are positioning themselves as emerging leaders in artificial intelligence, developing innovative AI solutions tailored to local challenges with global export potential.
Shocking Senate probe exposes how Nigeria lost over $300 billion in crude oil revenues from Niger Delta region due to massive theft and pipeline vandalism over 10 years, threatening national economy.
Federal High Court dismisses Aliko Dangote's massive lawsuit against NNPC Limited and regulatory authorities in major oil industry legal battle over import permit denial.
The Federal Government is considering selling the country's struggling refineries to private investors as part of a comprehensive strategy to revitalize Nigeria's oil and gas sector, increase competition, and achieve energy self-sufficiency.
Dangote Refinery and its depots have significantly reduced petrol prices to ₦880.5 per litre, creating intense market competition and potential relief for Nigerian consumers.
In a dramatic market move, Dangote Petroleum Refinery has significantly reduced petrol prices, triggering a competitive battle that's transforming Nigeria's downstream oil sector and bringing relief to consumers.
NUPRC CEO Gbenga Komolafe set to share Nigeria's oil and gas regulatory expertise with African lawmakers, focusing on sustainable energy development and economic growth across the continent.
British energy giant BP announces staggering $2.7 billion quarterly profit amid soaring oil prices, marking a dramatic turnaround from previous losses and signaling strong market recovery.