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Energy
Nigeria Targets $21 Billion Investment in Landmark Bonga Southwest Deal
BYAGENCY REPORTERS —The Nigerian National Petroleum Company Limited (NNPC Ltd), and the OML 118 Contractor Parties — Shell Nigeria Exploration and Production Company...
NNPC Limited Profits Surge 15.8% to ₦535bn in June as Federal Remittances Hit ₦6.2 Trillion
BY NKECHI NAECHE-ESZOBOR—NNPC Limited recorded a ₦535 billion profit after tax for June 2026—a 15.8% increase from the ₦462 billion reported in May—driven...
Sanwo-Olu Sets Fresh Agenda to End Blackouts, as Lagos Targets 3,500MW Power Supply
The Governor of Lagos State, Mr. Babajide Sanwo-Olu, has reaffirmed his administration’s commitment to ending the persistent blackout and aim for a twenty...
Shell reinforces safety commitment at CEO Contractors Forum
Shell has hosted chief executives of contracting companies in Lagos highlighting the need to sustain safe operations across its businesses in Nigeria. The...
Seplat CEO Charges Independent Operators On Asset Integrity And Cost Optimization
Independent oil and gas producers in Nigeria must prioritize asset integrity, address operational obsolescence, and systematically extend facility life spans to maximize asset...
Seplat Energy Records 498% Profit Surge to $164m, Declares 12 Cents Dividend for H1 2026
BY NKECHI NAECHE-ESEZOBOR—Seplat Energy Plc, a leading Nigerian independent energy producer listed on both the Nigerian Exchange and London Stock Exchange, has delivered...
How Systems-Driven Education Interventions Can Rebuild Nigeria’s Workforce
PRESS RELEASE—Nigeria’s most damaging infrastructure deficit may not be roads, power or ports, but a weak education system producing too few work-ready citizens...
Nigeria Steps Up Smart Meter Deployment with Installer Training Programme
Nigeria’s efforts to scale up delivery of seven million smart electricity meters and close its metering gap received a boost on Thursday, with...
