The 10th Sub Saharan Africa International Petroleum Exhibition and Conference (SAIPEC) will focus on Nigeria's oil licensing round. Key speakers from across Africa confirmed for the Lagos event in February 2026. Read more for details.
United Capital Plc appoints four independent experts to its Infrastructure Fund's Investment Committee to drive sustainable growth and impact across Nigeria and Africa. The fund has achieved a 24.62% YTD return.
Nigerian car dealers report a sharp drop in petrol car sales. The industry is now exploring electric and gas-powered vehicles as the future, despite infrastructure challenges. Read more.
NNPC slashes diesel prices in Abuja, Lagos & other states, offering cost relief. Get the latest rates & NBS data on regional price variations across Nigeria.
Seplat Energy is inviting applications from young Nigerian graduates for its 23-month Applied Technology Training Programme. The initiative offers hands-on oil and gas skills and City & Guilds certification. Apply by January 30, 2026.
Aliko Dangote files a corruption petition with the EFCC against former NMDPRA MD Farouk Ahmed, alleging abuse of office and $7 million spent on children's elite education. Read the full details.
A Nigerian couple who met in 2009 with no money have opened their second filling station, DP Oil & Gas. Their story of love and perseverance inspires many. Read their journey from squatting to success.
Nigerian households get relief as cooking gas (LPG) prices fall to between N1,000 and N1,400 per kg. Improved supply from late 2025 ends months of scarcity. Read the full market report.
The NCDMB has launched its 2025/26 Research, Innovation and Technology Challenge, seeking Nigerian solutions for the oil, gas, and energy sectors. Winners get cash, mentorship, and incubation support. Apply now!
NNPC Limited remitted N12.117 trillion to the Federation Account in ten months, reporting strong revenue and profit growth. Oil production held steady as key gas pipeline projects near completion.
Heirs Energies, led by Tony Elumelu, has acquired a 20.07% stake in Seplat Energy for $500 million. The deal, backed by Afreximbank, marks a major shift towards indigenous ownership in Nigeria's energy sector. Read the full story.
Tony Elumelu's Heirs Energies acquires a 20.07% stake in Seplat Energy from Maurel & Prom for $500 million, marking a major shift in indigenous ownership of Nigeria's energy assets. Read the full details.
Despite rising LPG production, over 20 million Nigerian households rely on firewood and charcoal due to high costs. Experts warn of deforestation and health risks as government targets 5 million cylinders by 2030.
Despite vast gas reserves, soaring LPG prices force Nigerian households back to firewood and charcoal, deepening health risks and accelerating forest loss. Experts warn of a growing energy poverty crisis.
An explosion at Bagudo General Hospital in Kebbi State caused panic, but police confirm no lives lost. Authorities debunk bomb rumors, attributing blast to a gas cylinder fire incident. Read the full details.
NNPC launches a formal bid to sell stakes in key oil and gas assets. This strategic divestment aims to attract investors, boost production, and reshape Nigeria's energy sector under the PIA reforms.
The NNPC has successfully restored the Escravos-Lagos Pipeline System after a December explosion. Read how this swift action secures Nigeria's gas supply for power and industry.
Nigeria's $2.8 billion Ajaokuta-Kaduna-Kano gas pipeline is on track to begin operations in early 2026, promising to transform energy supply and industrial growth in the north. NNPC targets $30 billion in oil and gas investments by 2030.
Public policy analyst James Okafor assesses NNPCL GCEO Bayo Ojulari's focus on regional energy collaboration and strategic positioning over quick wins. Discover the key projects shaping Nigeria's continental energy role.
NISO announces repair of the Lagos-Escravos-Lagos gas infrastructure, leading to improved power generation. Learn how this affects national electricity supply and stability.
NBS data shows a 2.57% year-on-year drop in diesel prices for November 2025. Discover which states paid the most and least for AGO.
Minister of Power Adebayo Adelabu announces gas pipeline repairs will restore electricity nationwide within 48 hours. Read the full details on the grid collapse and regional impacts.
Africa's downstream oil sector needs over $100bn investment by 2050. Discover how ARDA is tackling regulatory & infrastructure gaps to unlock this massive opportunity for global investors.
Nigeria strengthens its role as the top African crude oil supplier to the United States, exporting 33.23 million barrels worth $2.57 billion from January to August 2025. Discover the economic impact and the role of Dangote Refinery.
Business analyst Nnadozie Odinaka warns that only data centre operators with strong financial frameworks can unlock AI's economic potential. Discover the three traits of winning operators.
A civil society coalition has lauded NNPC Ltd's CEO, Bashir Bayo Ojulari, for transformative leadership that increased crude production to a 36-year high of 355,000 bpd and drove record profits. Read the full appraisal.
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.
Nigeria's electricity supply plummets after gas pipeline vandalism disrupts the national grid. NISO activates emergency measures as millions face blackouts. Details inside.
Barrister Ngozi Ekeoma, Group MD of Nepal Energies, shares her journey, the role of integrity in business, and her vision for Nigeria's energy sector. Discover how her leadership created over 2000 jobs.
Nigeria's electricity supply plummets due to gas constraints and a massive N6 trillion debt owed to power generation companies. Find out why the grid remains unstable.