Conoil Plc announces a massive ₦2.428 billion dividend payout for 2024, rewarding shareholders with 350 kobo per share. Discover how the company achieved 60.5% revenue growth amidst Nigeria's economic challenges.
The National Opposition Movement warns Nigeria's new tax regime will deepen poverty. They demand immediate suspension and nationwide consultations. Read the full story.
President Tinubu appoints Engr. Saidu Aliyu Mohammed as new NMDPRA CEO following Farouq Ahmed's resignation. Learn about his 37-year career in oil & gas.
Sujimoto Group proposes a N20 trillion fortified border and agricultural development initiative to combat terrorism and banditry. The plan integrates security with economic growth. Read more.
Nigeria's Federal Government has launched the NAP III (2024-2028) to advance the Women, Peace, and Security agenda, reinforcing commitment to gender equality and sustainable peace nationwide.
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) is leading a historic shift towards transparency and accountability in the oil sector, turning a 'resource curse' into a national blessing. Discover how this reform benefits citizens.
A coalition of 40 lawyers has condemned baseless corruption allegations against NMDPRA CEO Engr. Farouk Ahmed, warning against media trials that undermine Nigeria's oil sector. Read their full defence.
A coalition of 40 Nigerian lawyers has dismissed Aliko Dangote's corruption claims against NMDPRA's Farouk Ahmed as unfounded, warning against media trials. Read their full statement.
A heartwarming video shows a Nigerian lady prostrating to celebrate her husband who sponsored her UK Master's degree with £34,000. The touching act of gratitude has gone viral online.
Governor Dauda Lawal has presided over 58 State Executive Council sessions since 2023, approving key projects. He also launched a comprehensive 10-year development plan for Zamfara State. Read more.
Nigerian singer Mr Real has reignited his feud with D'banj, alleging he only benefited $500 from years of work. Fans demand proof. Read the full story and reactions.
The Federal Government has commenced settling N185 billion in legacy debts to gas producers. This move, approved by NEC, aims to revitalize the gas sector, improve electricity generation, and stimulate economic growth. Read more.
A new book on statesman Philip Asiodu revisits the 1975 civil service purge and abandonment of national plans, offering a blueprint for Nigeria's revival. Discover the lost path to greatness.
The Federal Government has approved N185 billion to pay legacy debts to gas producers, aiming to restore confidence, boost gas supply, and improve Nigeria's electricity generation. Read more.
Governor Dauda Lawal unveils Zamfara's first comprehensive 10-year development roadmap, focusing on six key pillars to transform the state's economy and security. Read the full plan.
President Tinubu approves N185bn payment to gas producers to restore supply, boost electricity generation, and rebuild investor confidence in Nigeria's power sector.
TotalEnergies Nigeria's Obi Imemba calls for a strategic pivot in implementing Nigeria's local content law, advocating for maximizing net value retention over rigid percentage targets. Read his full proposal.
UK PACT launches a national project to equip Nigerian businesses with tools to reduce greenhouse gas emissions and air pollution from transport, aiming to save lives and boost green growth.
FCT Minister Nyesom Wike appoints retired director Mukhtar Galadima as Senior Special Assistant on development control and planning. Read about his 30-year experience and Wike's master plan enforcement.
Eterna Plc plans to raise N21.52 billion through a rights issue to fund expansion in retail, LPG, and aviation. Shareholders can buy 3 new shares for every 4 held. Read details.
FCSC Chairman Prof. Tunji Olaopa urges state commissions to adopt a new strategic plan for merit-based recruitment and digital transformation to build a $1 trillion economy.
The European Union has struck a landmark deal to end all imports of Russian gas by 2027. Get the full timeline and details on this major energy shift.
The European Union has agreed to ban all Russian gas imports by 2027, aiming to cut off funds for Moscow's war. Discover the timeline and implications for energy security.
NNPC Limited's record ₦5.4 trillion profit for 2024 is hailed as proof of successful reforms under Bayo Ojulari. Discover how operational discipline and commercial changes are reshaping Nigeria's oil and gas sector.
UK's GETI commends NUPRC for transparent $10bn oil licensing round. Digital portal for 50 blocks aligns Nigeria with global best practices, boosting investor confidence. Read more.
NCDMB and Bank of Industry launch a $100m equity fund to boost local oil & gas firms. Nigerian content performance rises to 61%. New rules make certificates non-transferable from 2026.
Dr. Ifeoma Douglas calls on Nigerians to complement government efforts in aiding the less privileged. The Ssonic Gas Company Foundation launch in Abuja distributed aid to thousands.
Policy group CEAR praises NNPC's historic N5.4 trillion profit, crediting CEO Bayo Ojulari's leadership for resetting standards in Nigeria's oil and gas sector. Discover the details.
NCDMB and BOI launch a $100m Equity Investment Scheme to boost indigenous oil & gas firms. Nigerian content performance rises to 61%. New rules make certificates non-transferable from 2026.
Dangote Refinery increases cooking gas price to N820 per kg, triggering nationwide retail hikes just before Christmas. Analysts question the move amid favourable global oil trends. Read more.