Local Content Key to Africa's Energy Future
Nigerian Content Development and Monitoring Board reveals how prioritizing local content is transforming Africa's energy sector and creating sustainable growth opportunities.
Category : Search result: gas supply constraints
Ondo Refinery Construction Begins - Economic Boom Ahead
Ondo State celebrates as refinery construction begins, promising job creation, economic growth, and energy independence for Nigeria's oil-rich region.
Katsina Launches ₦31.8B Zobe Water Project
Governor Dikko Radda launches massive water infrastructure project in Katsina State, promising to provide clean water to over 500,000 residents and transform agricultural activities in the region.
Adamawa's ₦114BN Infrastructure Revolution Begins
Adamawa State government has approved a groundbreaking ₦114 billion infrastructure plan targeting healthcare, water supply, and electricity projects across the state in a major development push.
Manufacturers Demand Privatization of Nigeria's Refineries
MAN advocates complete privatization of Nigeria's state-owned refineries to address persistent fuel shortages and boost manufacturing sector competitiveness.
FG Plans Refinery Sale to Boost Competition
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.
Ondo State Set for Multiple Refinery Projects
Ondo State is poised to become Nigeria's next energy hub as several companies finalize plans to establish refineries, creating thousands of jobs and transforming the regional economy.
Cooking Gas Prices Surge Again: Scarcity Warning Issued
Nigerians face another round of cooking gas price hikes as dealers predict severe scarcity. Discover the causes and economic impact on households.
Nigeria's Oil Chief to Address Pan-African Parliament
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.
$5B Funding for 500,000bpd Nigerian Refinery
In a groundbreaking development for Nigeria's energy sector, a Canadian company has secured $5 billion funding to complete a massive 500,000 barrels per day refinery project, promising to transform the nation's oil and gas landscape.
Lagos gas truck disaster averted by quick response
Quick-thinking emergency services prevent potential catastrophe after 33,000-litre gas truck crashes and catches fire in Lagos, showcasing improved safety response protocols.
Nigeria's Power Crisis: The AI Race Decider
As the global AI race intensifies, Nigeria's unreliable power supply threatens to leave the nation behind in the technological revolution. Discover how electricity is becoming the decisive factor in Africa's digital transformation.
Cooking Gas Prices Surge: New Rates Shock Nigerian Households
Nigerian families face mounting pressure as cooking gas dealers announce sharp price increases nationwide. Discover the new rates for 12.5kg, 6kg, and 5kg cylinders and what's driving this energy crisis.
Activists Demand Oil Decommissioning Commission in Nigeria
Energy rights advocates stage powerful protest in Abuja, calling on National Assembly to pass crucial legislation addressing abandoned oil infrastructure and environmental hazards in Niger Delta communities.
Activists oppose Nigeria oil decommissioning commission
Environmental groups in Nigeria are fiercely opposing a new bill that would establish a commission for decommissioning oil and gas installations, warning it could worsen pollution in the Niger Delta region.
Nigeria Cooking Gas Crisis: Prices Soar Amid Supply Issues
Nigerian households and businesses struggle as cooking gas scarcity hits major cities with depot owners increasing prices amid supply disruptions and logistical challenges.
Oil Company Entry-Level Package Stuns Nigerians
A Nigerian man's revelation of his entry-level compensation package at an oil company has sparked massive reactions online, with many stunned by the attractive benefits.
Dangote Vows No Fuel Queues During Christmas
Dangote Petroleum Refinery promises uninterrupted supply of Premium Motor Spirit and diesel during Christmas season, addressing fuel scarcity concerns across Nigeria.
China Exempts Nexperia From Dutch Semiconductor Export Ban
China exempts Nexperia from Dutch semiconductor export restrictions, securing chip supply chain and highlighting strategic importance of Chinese-owned tech firms in global market.
Lithuania Border Closure Strands 2000 Trucks in Belarus
Massive traffic crisis unfolds as Lithuania closes border crossings with Belarus, creating unprecedented queues and supply chain disruptions affecting international trade routes.
China Suspends Rare Earth Export Controls to EU
Breaking: China makes unexpected decision to lift rare earth export restrictions to European Union, reshaping global supply chains and economic dynamics. Official confirmation reveals strategic trade shift.
NVIDIA Supplies 260,000 AI Chips to South Korea
NVIDIA is shipping 260,000 cutting-edge AI chips to South Korea in a strategic power move that's set to revolutionize the country's artificial intelligence sector and global tech competition.
Africa Must Scale Energy Supply Quickly: Transcorp President
Transcorp President Owen Omogiafo calls for urgent expansion of Africa's energy supply at FII9 Summit, highlighting the critical link between reliable power and continental development.
Cooking Gas Prices Set for Major Drop in Nigeria
Cooking gas marketers predict substantial price reduction as Nigeria targets 6 million metric tonnes to meet growing consumer demand and ease economic pressure on households.
G7 Moves to Counter China's Critical Minerals Dominance
World's wealthiest economies unite to counter China's dominance in essential minerals powering electric vehicles and clean energy technologies. Discover how this global shift could create new opportunities for Nigeria's mining sector.
Nigeria's Money Supply Drops 1.58% in September
CBN's aggressive monetary policy triggers significant decline in money supply during September, signaling tighter financial conditions for Nigerian businesses and consumers.
Mercedes Profit Plunge: Nexperia Chips Assured
Mercedes-Benz reports significant profit drop while reassuring investors about Nexperia chip supplies. Latest financial results show 30% EBIT decline as luxury car market faces headwinds.
Equinor's $251M Loss: Nigerian Oil Prices Plunge
Norwegian energy giant Equinor reports staggering $251 million quarterly loss as Nigerian crude prices tumble amid global market volatility. Discover how this impacts Africa's largest oil producer.
Nestoil Clarifies Receivership Situation with Lenders
Nestoil clarifies receivership situation, confirms lenders' action against subsidiary while maintaining business stability. Get exclusive details on the corporate development.
16 Vessels with Petroleum Set for Lagos Ports Arrival
Significant economic boost expected as 16 vessels carrying petroleum products, general cargo, and containers prepare to dock at Lagos ports this week, enhancing Nigeria's supply chain.
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