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Energy
NNPC Secures Presidential Approval for $20 Billion Final Investment Decision on Bonga Deepwater Project
BY NKECHI BAECHE-ESEZOBOR —Nigeria’s national oil company, Nigerian National Petroleum Company Limited (NNPC Ltd.), has secured presidential approval to move ahead with the...
Lagos Moves to Strengthen Power Sector as Sanwo-Olu Inaugurates LASERC Board
Governor Babajide Sanwo-Olu, on Monday, rolled took another bold step to operationalise the Lagos State Electricity Law and strengthen institutional framework required for...
Witness Tells Court NCDMB Complained About Failure to Hold Board Meetings
BY SUNDAY SAMUEL—The trial of Akindele Akintoye resumed on Monday, before Ekerete Akpan of the Federal High Court in Abuja, with the fourth...
FG Resolves long-running oil Dispute, says move will boost Nigeria’s economy
The Federal Government has announced the resolution of the longstanding dispute over Oil Prospecting Licence (OPL) 245, describing the breakthrough as a major...
Nigeria, ENI Reach Landmark Deal to Resolve 15-Year OPL 245 Dispute
BY NKECHI NAECHE-ESEZOBOR—President Bola Tinubu announced today the successful conclusion of a historic settlement agreement between the Federal Government of Nigeria, ENI, and...
Stable Rules, Incentives Key to Harnessing Nigeria’s Gas for Industry – Shell MD
Nigeria can harness her gas resources for industrialisation if it achieves stable regulatory enforcement, fair pricing and infrastructure ownership models in the sector,...
Seplat Energy Revenue Jumps 144% to $2.7bn on Offshore Boost, Dividend Up by 52% in 2025
Seplat Energy PLC has reported a 144 per cent surge in revenue to $2.7 billion for the year ended December 31, 2025, driven...
Fuel Imports Set to End as Dangote Refinery Ramps Up Local Supply
Nigeria’s decades-long dependence on imported petrol is set to wind down as the Dangote Petroleum Refinery & Petrochemicals scales up production to meet...
