EEDC Gives 25% Discount on Unpaid Electricity Bills
Enugu Electricity Distribution Company launches a debt relief scheme, offering up to 25% discount on arrears incurred before Dec 2022. Learn how to qualify and settle your bills.
Category : Search result: indigenous oil company
N24bn Software Spend: Local Devs Worry Over Foreign Patronage
Nigerian software developers raise alarm as 10 MDAs budget N24 billion for foreign software, citing security risks and capital flight. Experts demand local content enforcement.
US Billionaire Invests $11.8M in Nigerian Security Drone Firm
Terra Industries secures major funding from US billionaire Joe Lonsdale and global investors to expand African defence manufacturing and combat cross-border insecurity with local tech.
NFVCB classifies 1,185 films in 2025, warns defaulters
Nigeria's NFVCB approved 1,185 films in 2025, showing industry growth. English films dominated, but the board urges more family content and indigenous language use. Read the full report.
1,185 Films Classified by NFVCB in 2025
Nigeria's NFVCB approved 1,185 films in 2025, showing industry growth. The board warns defaulters and pushes for more indigenous language and family content. Read the full report.
Calabar Communities Endure 6-Month Blackout, Plead for Help
Residents of Ikpai Ohom and Big Qua Town in Calabar face six months of darkness after a faulty 1968 transformer was removed. They accuse PHED of inaction and appeal to Governor Bassey Otu for urgent intervention.
PHEDC Denies Meter Sales Amid Calabar Extortion Claims
Residents in Calabar report paying up to N45,000 for prepaid meters, which PHEDC insists are free. Company blames wiring costs, warns against extortion. Full report.
Complete Guide to LLC Registration in Nigeria 2026
Everything Nigerian entrepreneurs need to know about registering an LLC in 2026: benefits, costs, step-by-step CAC process, and key considerations for business growth and legal protection.
Eterna Plc Opens N21.52bn Rights Issue
Eterna Plc has opened a N21.52 billion rights issue to fund its downstream expansion and strengthen its balance sheet. The offer closes on February 18, 2026. Read the full details.
FG Sacks Director Over Fraudulent Road Certificates
Federal Government sanctions Ministry of Works director for issuing fake certificates, delays on Maraba-Keffi road. Contractor gets Feb 28, 2026 deadline. Read full details.
Trump Pitches Venezuela Oil to US Majors, Faces Doubts
US President Trump urges oil executives to invest in Venezuela's vast reserves post-Maduro capture, promising security. CEOs remain wary, citing past seizures and calling the nation 'uninvestable'.
Venezuela Oil Ships Head to US as Storage Nears Capacity
Three Chevron-chartered tankers are transporting Venezuelan crude to the US, as sanctions cause a major storage buildup. Get the latest on the oil shipments and the looming capacity crisis.
US to Control Venezuela Oil Sales Indefinitely
US Energy Secretary Chris Wright declares indefinite US control over Venezuelan oil sales, aiming to revive production with billions in investment. Details on the plan and its implications.
Trump's 18-Month Plan for US Oil in Venezuela
US President Donald Trump outlines a timeline for American oil companies to expand operations in Venezuela within 18 months, following the capture of Nicolas Maduro. Details inside.
US Venezuela Oil Plan Poses Risk to Nigeria's 2026 Budget
Experts warn that US efforts to revive Venezuela's oil industry could destabilise Nigeria's 2026 budget, which relies heavily on uncertain oil earnings. Discover the potential impact and calls for diversification.
N720bn Contractor Debt Scandal Indicts Nigerian Government
The Federal Government's N720 billion debt to local contractors is a moral failure, crippling businesses and halting projects. This editorial demands urgent action and transparency to fix Nigeria's broken contract system.
NNPC Scores Zero in ICPC 2025 Anti-Corruption Assessment
Nigeria's NNPC scored zero in ICPC's 2025 Ethics and Integrity Scorecard, ranking last among 357 agencies. This shock result raises major governance concerns despite the oil company's recent profit announcements.
NNPC Profit Hits N5.4tn as Directors' Pay Soars 58%
NNPC Limited reports record N5.4 trillion profit while directors' fees jump to N4.1 billion. Zero staff resignations in 2024 as administrative costs surge. Read the full analysis.
Ohanaeze Launches N85m Igbo Cultural Renaissance Drive
Ohanaeze Ndigbo announces N35m for Igbo studies chairs & N50m for new development bodies. New Enugu HQ nears completion. Leaders call for unity and global cultural projection.
Family Seeks Return of Chinwuba's Portrait to Police College
The family of ACP Aneto Chinwuba demands the Nigeria Police Force restore his legacy as the first indigenous Commandant of the Ikeja Police College, threatening legal action over historical erasure.
NBA: Poor Governance Threatens Nigerian Indigenous Companies
The Nigerian Bar Association, Lagos Branch, warns that weak corporate governance and poor succession plans threaten the survival of indigenous Nigerian companies. Learn the critical role of lawyers and AI.
Indigenous Firms Control 50% of Nigeria's Oil, Gas Output
The Independent Petroleum Producers Group (IPPG) announces indigenous firms now account for over 50% of Nigeria's crude oil and gas production. Discover the impact on energy security and sector growth.
Heirs Energies Gets $750m Afreximbank Financing
Heirs Energies secures a landmark $750 million financing from Afreximbank, marking a major vote of confidence in Nigeria's indigenous energy sector. Read the full story.
The Missing Link in Nigeria's Security Crisis
Analysis reveals how Nigeria's centralized policing model, lacking local knowledge and trust, fuels insecurity. A shift to indigenous community policing is the strategic solution. Read more.
Man's Christmas Bonus Disappointment: Letter & 2 Candles
A Canada-based worker expecting a big Christmas bonus after perfect attendance was given an appreciation letter and two candles instead. His viral TikTok video has sparked reactions from netizens sharing similar work experiences.
Nigerian Teens Win JA Africa 2025, $3000 Prize
Nigerian secondary school students from Darul Noor win JA Africa Company of the Year 2025 with a climate-smart drone for agriculture. They advance to a global contest for a $15,000 prize. Read their inspiring story.
Professor Criticises Livestock Ministry on Protein Crisis
A professor at MOUAU says the new Livestock Ministry hasn't solved Nigeria's animal protein shortage. He calls for unbundling NAPRI and establishing a Southeast research centre.
Conoil Posts 60.5% Revenue Surge, Declares Dividend
Conoil Plc reports a massive 60.5% revenue growth to N323.1bn for 2024, proposing a N2.4bn dividend. Discover how Nigeria's downstream giant thrived despite economic headwinds.
Man's Joy Over Company's December Package of Food Items
A Nigerian employee expresses joy after his company gifts staff 50kg rice, oil, and frozen chicken as a December package. See the reactions online!
SkyFots: Nigerian Startup Turns Lost Parcel into Logistics Success
Fisayo Somide turned the frustration of a lost parcel into SkyFots Global Logistics, a company achieving record turnover in 2025 by prioritizing trust and transparency in shipping for Nigerians.
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