Category : Search result: oil and gas investment


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.

Lagos Seeks Chinese Investment in Major Economic Push

Lagos State Governor Babajide Sanwo-Olu reveals ambitious plans to strengthen economic ties with China, offering lucrative investment opportunities in infrastructure, technology, and manufacturing sectors.

Africa's Digital Economy to Hit $1.5T by 2030

New report reveals Africa's digital economy is set for explosive growth, creating massive opportunities for tech startups, investors, and job seekers across the continent.

Katsina Budgets ₦341bn for Social Sector in 2026

Katsina State Government announces massive ₦341 billion investment in social services for 2026 fiscal year, focusing on education, healthcare, and poverty reduction initiatives across the state.

Dangote Refinery Cuts Petrol Prices, Shakes Market

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.

NSCDC Arrests 5 Pipeline Vandals in Kwara

Kwara State witnesses major security breakthrough as NSCDC nabs five suspected pipeline vandals, recovering vehicles and equipment in strategic operation to protect critical national infrastructure.

Nvidia & Deutsche Telekom Launch €1B AI Hub in Germany

Tech titans Nvidia and Deutsche Telekom announce groundbreaking €1 billion AI partnership to establish Europe's premier artificial intelligence development hub, accelerating digital transformation 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.

BP Profit Surges to $2.7B as Oil Prices Soar

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.

Nigeria's New Strategy to End Niger Delta Oil Spills

Discover how Nigeria is shifting from temporary fixes to comprehensive solutions for the decades-long oil spill nightmare in the Niger Delta. Learn about the integrated approach that could transform the region's environmental future.

PENGASSAN Strike Threatens Nigeria's Oil Economy

As PENGASSAN oil workers threaten nationwide strike over minimum wage disputes, Nigeria faces potential economic paralysis. Explore the delicate balance between workers' rights and national survival.

NIPSS N1.1B Lawsuit: Court Hearing Begins

The National Institute for Policy and Strategic Studies confronts a massive N1.1 billion lawsuit as court proceedings begin. Get the latest updates on this high-stakes legal confrontation.

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