Renowned economist Arunma Oteh has won the 2025 BCA Business Book of the Year Award for her groundbreaking work on African capital markets. With powerful runner-up titles by Bronwen Everill and Toni Kan, the awards highlight Africa’s bold new narratives in enterprise and development.
Dangote Holds the Key to Lower Inflation – Financial Derivatives
Photo: Illustration of Dangote Refinery plant and Bismarck Rewane – credit: channlestv Dangote Petroleum Refinery has been identified as crucial to reducing inflation in Nigeria, according to a report by the Financial Derivatives Company (FDC) Limited, an economic think…
Oando MD, Alex Irune, Urges Mindset Shift, Bold Investment, and Collaboration to Secure Nigeria’s Energy Future
At the ongoing NOG Energy Week in Abuja, Dr. Ainojie ‘Alex’ Irune, Managing Director of Oando Energy Resources, made a compelling call for a collective mindset shift, bold investments, and strengthened collaboration to secure Nigeria’s energy future. Representing Oando Plc’s…
Nembe E&P Boosts Production from 25,000 to 90,000 Barrels per Day in One Year, Eyes 150,000 bpd Milestone
Nembe Exploration & Production Company Ltd has announced a remarkable surge in crude oil output, growing production from 25,000 to 90,000 barrels per day within a year—marking a major turnaround for the company since acquiring OML 29 in 2015. The…
NNPC Overhauls Investment Model: No More Pledging of Crude, Focus Shifts to Growth Capital
In a bold departure from legacy practices, NNPC has ended its oil-pledging finance model under the leadership of GMD Bashir Ojulari. The company is now inviting investors to partner on production growth and long-term value creation, with over $2 billion in proposals already under review.
NOG 25: Nigeria’s Oil Future–Lokpobiri Calls for Revived Production, Flags Dormant Wells
At the 2025 Nigeria Oil and Gas Conference, Minister Heineken Lokpobiri reaffirmed the government’s drive to boost crude production, revive dormant oil wells, and strengthen local content and investor confidence.
AKK Gas Pipeline Crosses River Niger as NNPC Reports 100% Crude Pipeline Availability
The AKK Gas Pipeline has crossed the River Niger, a landmark milestone announced by NNPC Ltd at the 2025 NOG Energy Week. With 100% pipeline availability also recorded in June, Nigeria’s energy sector sees renewed momentum under the leadership of Engr. Bashir Bayo Ojulari.
German Rail Chief Sees Possible Shortfall by 2029 – Despite Billions
The Deutsche Bahn AG logo is reflected in the glass façade of the office building at Berlin Central Station. Deutsche Bahn AG’s annual press conference is being held in Berlin today. …
NCDMB Drives “Nigeria First” Agenda, Revamps ₦50bn Community Contractors Fund to Deepen Local Content Participation
The Nigerian Content Development and Monitoring Board (NCDMB) has thrown its full weight behind the “Nigeria First” policy of President Bola Ahmed Tinubu’s administration, pledging robust implementation of the initiative aimed at reducing import dependence and driving local industrial growth…
NNPC Records ₦6 Trillion Revenue Boost in May as Oil Output Hits 1.72mbpd
The Nigerian National Petroleum Company Limited (NNPC Ltd) recorded a significant financial and operational uptick in May 2025, posting a revenue of ₦6.008 trillion — a modest rise from ₦5.972 trillion in April. This performance, according to NNPC management was…