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…
Seplat Energy Clinches ‘Deal of the Year’ at New Telegraph Award
Seplat Energy Plc, a leading Nigerian energy company listed on both the Nigerian Exchange Limited and the London Stock Exchange, has clinched the ‘Deal of the Year’ Award at the recently held New Telegraph Newspaper Awards. Seplat Energy completed the…
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…
NERC Goes Tough on Electricity Theft, Places Fines on Metering By-Pass
In a bid to curb electricity theft, the Nigerian Electricity Regulatory Commission (NERC) has introduced fines for meter tampering and by-pass, effective January 22, 2025. This move aims to reduce unauthorized access to electricity and promote compliance among customers ¹.…
Oluseye Ekun bags NMGS’s Fellowship Award
Akinwande Oluseye Ekun has been conferred with the Fellowship Award of the Nigerian Mining and Geosciences Society (FNMGS). Mr. Ekun was elected to the Class of Fellows of the Nigerian Mining and Geosciences Society at 257th Meeting of the Society…
NNPC says Fire Outbreak at Cawthorne Channel 1 Barges Successfully Contained
The Nigerian National Petroleum Company Limited (NNPC Ltd.) has stated that at approximately 14:10 hours on Wednesday, February 19, 2025, a fire incident occurred on the dry crude storage barge BESTAF5 at Cawthorne Channel 1, Rivers State. The fire, which…
