The Nigerian National Petroleum Company (NNPC) Shipping, Stena Bulk,and Caverton Marine Limited today announced the signing of a newjoint venture that will transform Nigerian maritime transportation. The agreement, signed in London last week, aims to create a new tankeroperation serving…
NIES2025: Nigeria is Charting A Bold Path for Energy Growth, Investment and Economic Expansion – Oduwole
At the opening of the Nigeria International Energy Summit, Dr. Olajumoke Oduwole, Nigeria’s Minister for Industry, Trade, and Investment, reaffirmed the government’s commitment to fostering a robust and dynamic energy sector. Highlighting critical policy shifts, international engagements, and investment-friendly initiatives,…
NIES2025: Nigeria’s Energy Milestones in 2024 are Pivotal for Africa’s Energy Future – Verheijen
In a landmark address at Day one of the ongoing Nigeria International Energy summit, Olu Verheijen, Special Adviser to the President on Energy, reflected on Nigeria’s major energy sector achievements in 2024 and their broader implications for Africa’s energy transformation;…
Dangote Confirms Over N600bn Worth of Petrol in Stock
…as Zambia seeks Dangote’s investment in its energy sector President of Dangote Industries Limited (DIL), Aliko Dangote has revealed that his company – the Dangote Petroleum Refinery – has enough Premium Motor Spirit (PMS, otherwise known as petrol) in storage…
Nigeria To Witness First Lunar Crescent on Feb. 28 – NASRDA
The National Space Research and Development Agency (NASRDA) has said that Nigeria will likely witness its first astronomical lunar crescent on Feb. 28, 2025. Dr Felix Ale, Director of Media and Corporate Communications of NASRDA, who said this in a…
Nigeria, Japan To Strengthen Bilateral Energy Partnership
Nigeria and Japan have taken significant steps to strengthen their bilateral energy partnership following the visit of the Minister of Power, Mr. Adebayo Adelabu, and a high-level delegation to Japan. Malam Mutari Ibrahim, Director of Promotion and Outreach (PIO) at…
Africa: Afreximbank to Set up $1 Billion Oil Service Financing Facility in Guyana
Afreximbank Advocates for Increased Local Participation in Guyana’s Oil Value Chain In a significant announcement at the Guyana Energy Conference and Supply Chain Expo being held from, February 18 – 21, Prof. Benedict Oramah, President and Chairman of the Board…
Recycled Allegations against NCDMB by Coalition of Civil Society for Good Governance
The Nigerian Content Development and Monitoring Board (NCDMB) wishes to alert the public that a sponsored group, CCSGG, masquerading as a coalition of civil society group for good governance are recycling the same bogus and unfounded allegations that were recently…
Aliko Dangote Hails IBB: ‘You’re Architect of Private Sector in Nigeria’
… Donates N8bn to Presidential Library, Pledges N2bn Annually Until Completion The President and Chief Executive of Dangote Industries Limited, Aliko Dangote, has praised former Head of State, Gen. Ibrahim Badamasi Babangida, popularly known as IBB, for implementing policies that…
HEIRS Energies Convenes Industry Titans To Drive Nigeria’s Oil and Gas Production Growth
Major Stakeholders and Strategic Leaders in Nigeria’s Oil and Gas industry are set to converge in Abuja, Nigeria’s capital on Thursday, February 20, 2025 in Transcorp Hilton Hotel at the 2025 Leadership Forum: Industry Leaders Discourse (ILD). Hosted by Heirs…