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| Sep 11, 2026 | Gastech 2026: The Global Energy Industry Arrives in Bangkok as Asia Drives the Next Chapter of Energy Growth | Hosted by Thailand's Ministry of Energy, Gastech 2026 will unite global ministers, energy executives, and technology leaders in Bangkok to advance the investments, partnerships, and infrastructure projects needed to meet rising energy deman... |
| Aug 26, 2026 | Gastech 2026 Brings Global Energy Leaders to Bangkok as Asia Drives the Next Wave of Demand | The world's largest exhibition and conference for natural gas, LNG, low-carbon solutions, hydrogen, shipping, AI for energy and electrification comes to Bangkok as Asia's economic transformation creates new opportunities across the energy s... |
| Oct 26, 2025 | Nigeria: Dangote Refinery Signs Deal With Technology Licensor to Raise Capacity to 1.4m Bpd in Three Years | *Reiterates listing on NGX next year
Dangote Petroleum Refinery LFZ, has signed an agreement with its technology licensor to begin an expansion project that would raise the plant's production capacity from the current 650,000 barrels per da... |
| Jun 24, 2025 | West Africa: As Naseni Boss Calls On West African Countries to Unlock Technology Potentials | The Executive Vice Chairman and Chief Executive Officer of the National Agency for Science and Engineering Infrastructure (NASENI), Khalil Suleiman Halilu has urged West African nations to unite around science, technology, and innovation to... |
| Jun 18, 2025 | The Energy Transition: A Balancing Act Between Ambition and Reality | The world stands at a crossroads. The energy transition is a hot topic, sparking debates and discussions across the globe. On one side, there’s the urgent need for cleaner energy. On the other, the stark reality of energy poverty. The chall... |
| Jun 18, 2025 | The Gas Game: Petronas and Eni’s Strategic Alliance in Southeast Asia | In the world of energy, alliances are like chess moves. Each decision can shift the balance of power. Recently, Malaysian state energy company Petronas and Italian energy giant Eni announced plans to form a joint venture focused on gas asse... |
| Jun 12, 2025 | ‘A “fit for all” pace for the energy transition is unrealistic and unfair’ | ‘A “fit for all” pace for the energy transition is unrealistic and unfair’
Thu, Jun 12, 2025 15:18 CET Report this content
In the panel session ‘Balancing Energy Challenges in Developing Nations’ at this year’s AIEN International Energy Sum... |
| Apr 2, 2025 | President Tinubu embarks on two-week working visit to Paris | Nigeria’s President Bola Tinubu is set to depart for Paris, France, on Wednesday for a two-week working visit aimed at assessing his administration’s progress and planning for the future.
According to a statement by Special Adviser to the P... |
| Mar 26, 2025 | Marketers dismiss fuel scarcity fears, urge Nigerians to avoid panic buying | Petrol marketers under the aegis of the Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) have dismissed fears of scarcity purportedly induced by the controversy surrounding the Naira-for-crude arrangement.
In a stat... |
| Mar 15, 2025 | The Fuel Price Tug-of-War: A Crisis for Independent Marketers | The ongoing fuel price war between the Nigerian National Petroleum Company Limited (NNPCL) and Dangote Refinery is creating a storm in the Nigerian petroleum market. Independent marketers are caught in the crossfire, facing financial turmoi... |
| Mar 14, 2025 | Petrol price war between NNPCL and Dangote hurting independent marketers – IPMAN | The Independent Petroleum Marketers Association of Nigeria (IPMAN) has raised concerns over the ongoing fuel price battle between the Nigerian National Petroleum Company Limited (NNPCL) and Dangote Refinery and Petroleum Company, stating th... |
| Mar 13, 2025 | Reps committee adopts Tax Reform Bills as a working document, maintains VAT at 7.5% | Nigeria’s Value Added Tax (VAT) of 7.5% will remain unchanged as the House of Representatives has adopted the Tax Reform Bills as a working document.
While presenting the report to the lawmakers on Thursday, the chairman of the finance comm... |
| Feb 12, 2025 | Nigeria agrees to host 2025 Afreximbank annual meetings in June | Nigeria and the African Export-Import Bank (Afreximbank) have signed an agreement to host the 32nd Afreximbank Annual Meetings (AAM) in June.
The upcoming event is expected to draw between 5,000 and 6,000 delegates from across Africa, the C... |
| Feb 7, 2025 | TUC president blames forex crisis for 50% telecom tariff hike in Nigeria | The President of the Trade Union Congress (TUC), Festus Osifo, has attributed the recent 50% increase in telecom tariffs by operators in Nigeria to the continued depreciation of the Naira.
Speaking on Arise Television’s Prime Time, Osifo ex... |
| Feb 5, 2025 | NNPC deploys five new CNG cascades in Abuja to boost gas availability | The Nigerian National Petroleum Company Limited (NNPC) has commenced the deployment of five new Compressed Natural Gas (CNG) cascades at designated stations in Abuja, effective today.
This initiative aims to enhance the supply of CNG, provi... |
| Feb 4, 2025 | NNPCL uncovers fresh 39 illegal refineries, count reaches 152 in one month | The Nigerian National Petroleum Company Limited (NNPCL) has announced uncovering 39 illegal refineries in the Niger Delta region in one week, from 25th to 31st January 2025.
This brings the number of illegal refineries uncovered by the nati... |
| Feb 2, 2025 | Why marketers may not reduce pump price after Dangote’s depot price reduction – PETROAN | The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has said that the latest reduction of the ex-depot price of Premium Motor Spirit (PMS), otherwise known as petrol by the Dangote Petroleum Refinery may not reflec... |
| Jan 29, 2025 | NMDPRA awards 10 distribution licenses to NNPC gas company, Shell, others | The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has awarded 10 Gas Distribution Licences (GDLs) to six companies to increase gas utilisation and expansion in the country.
The licenses were issued in a ceremony ... |
| Jan 24, 2025 | Navigating the Turbulent Waters of the Niger Delta: Tinubu's Challenge | The Niger Delta is a land of paradoxes. It is rich in resources yet impoverished by neglect. The recent meeting convened by President Bola Ahmed Tinubu with key stakeholders from Rivers State highlights the complexities of governance in thi... |
| Jan 22, 2025 | Tinubu vows to Ogoni leaders: Peace, development, and environmental restoration are priorities | President Bola Ahmed Tinubu has reaffirmed his administration’s commitment to restoring peace, development, and a clean environment in Ogoniland.
Speaking during a meeting with Ogoni leaders at the State House in Abuja on Tuesday, the Presi... |
| Jan 22, 2025 | Tinubu meets Wike, Fubara, Ogoni leaders amid Niger Delta cleanup, Political tensions in Rivers | President Bola Ahmed Tinubu convened a closed-door meeting with key stakeholders from Rivers State, including Governor Siminalayi Fubara, former Governor Nyesom Wike, and representatives of Ogoni leaders, to address pressing issues surround... |
| Jan 21, 2025 | The Mirage of Nigeria's Oil Production Goals: A Closer Look at Tinubu's Ambitions | Nigeria's oil production is a tale of ambition and obstacles. President Bola Tinubu has set a bold target: to elevate crude oil output from under 1.5 million barrels per day (bpd) to over 2 million bpd by 2025. This vision, however, is clou... |
| Jan 21, 2025 | Why Tinubu’s plan for a 2mbpd output in 2025 is “illusory” | President Bola Tinubu has pledged to raise Nigeria’s crude oil production from less than 1.5 million barrels per day to above 2 million bpd in 2025.
Experts who are vast in Nigeria’s Oil and Gas industry say it is achievable but warn that a... |
| Jan 20, 2025 | Expatriates working illegally in Nigeria should be deported or regularized – NECA | The Nigeria Employers’ Consultative Association (NECA) is urging the government to either regularize the status of illegal expatriates in Nigeria or ensure their removal from the workforce.
The call comes amid growing concerns over the numb... |
| Jan 3, 2025 | Our debt servicing ratio decreased from 90% to 64% under Tinubu – APC tells Obi | The All Progressives Congress (APC) has countered recent claims made by Peter Obi, the 2023 presidential candidate of the Labour Party, regarding Nigeria’s fiscal management under President Bola Ahmed Tinubu.
The APC has asserted that Tinub... |
| Dec 30, 2024 | Navigating the Waters of Nigeria's Oil and Gas Sector: Meritocracy vs. Allegations | In the vast ocean of Nigeria's oil and gas sector, the Nigerian National Petroleum Company (NNPC) Limited stands as a towering ship. Recently, it faced turbulent waters stirred by allegations of ethnic bias in its appointments. The company’... |
| Dec 30, 2024 | Navigating Nigeria's Economic Waters: A 2025 Outlook | Nigeria stands at a crossroads. The economic landscape is shifting, and the horizon looks promising. The Centre for the Promotion of Private Enterprises (CPPE) has painted a picture of hope for 2025. With a steady hand, they outline the fac... |
| Dec 30, 2024 | Navigating Nigeria's Economic Landscape: A Year of Challenges and Opportunities | Nigeria stands at a crossroads. The economic landscape is shifting, and the winds of change are blowing. As we step into 2025, the country faces a mix of challenges and opportunities that could define its future. The Centre for the Promotio... |
| Dec 30, 2024 | CPPE highlights factors that will drive Nigeria’s exchange rate stability in 2025 | The Centre for the Promotion of Private Enterprises (CPPE) has highlighted factors that will improve the country’s foreign exchange rate regime in the coming year.
The founder of CPPE, Dr. Muda Yusuf, listed the factors in the center’s “Nig... |
| Dec 30, 2024 | NNPC appointments rooted in merit, not ethnicity – spokesperson counters Farooq Kperogi | The Nigerian National Petroleum Company (NNPC) Limited has dismissed allegations that its appointments and promotions are influenced by ethnicity, religion, or political affiliations, asserting that merit and expertise guide its decisions.
... |
| Dec 24, 2024 | Customs to auction 15,325 litres of seized PMS at N10,000 per 25 litres | The Nigeria Customs Service (NCS) has announced that 15,325 litres of seized Petroleum Motor Spirit (PMS) will be auctioned to the public at N10,000 per 25 litres to alleviate transportation challenges during the festive season.
The announc... |
| Dec 22, 2024 | MRS Oil (Chevron) shares surge 36% in December on strong Premium Motor Spirit sales | Shares of MRS Oil Nigeria Plc (CHEVRON) have increased by over 36% month-to-date on the Nigerian stock exchange, bringing its year-to-date performance to 71.42%.
On October 29, the company released its third-quarter earnings report, showing... |
| Dec 21, 2024 | NNPCL slashes petrol price to N899 in Lagos, N970 in other states – PETROAN | The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) said the Nigeria National Petroleum Company Limited (NNPCL) has reduced the ex-depot price of Premium Motor Spirit (PMS) from N1,020 to N899 in Lagos, and N970 in... |
| Dec 18, 2024 | Sanwo-Olu, Lawal, others laud Keystone Bank’s strides at customers appreciation dinner | Keystone Bank Limited, a leading financial service provider in Nigeria, on Friday hosted an exclusive dinner event to celebrate and appreciate its loyal customers for their unwavering support throughout the year 2024.
The event, themed ‘Cel... |
| Dec 5, 2024 | Port Harcourt Refinery: Blending is necessary to bring products to countries’ specifications – Mele Kyari | The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC Ltd), Mr. Mele Kyari, has personally defended the blending process reportedly associated with the Old Port Harcourt Refinery, saying it is necessary ... |
| Nov 30, 2024 | Nigeria's Oil Renaissance: Bonny Light Shines Bright Amidst Refinery Revamps | Nigeria's oil sector is experiencing a renaissance. The once-dormant machinery of its refineries is now humming with activity. Bonny Light, a prized crude grade, is at the center of this revival. Demand is soaring, and the world is watching... |
| Nov 28, 2024 | Bonny Light in high demand amid Nigeria’s revamped refining capacity | Nigeria’s top crude grades have been in high demand this week due to the country’s strong refining capacity and January’s export schedules, which indicate increased demand for Nigerian Bonny Light crude.
Nigerian crude moved closer to $74 p... |
| Nov 26, 2024 | The Rise of Smart Homes and Digital Payments: A New Era of Convenience | In the age of technology, our homes and payment systems are evolving. The smart home revolution is upon us, and digital payments are becoming the norm. Two recent developments illustrate this shift: a DIY smart bed sensor and a partnership ... |
| Nov 25, 2024 | Verve Partners AliExpress to Expand Global Reach, Empowering Millions of Cardholders. | Africa’s pioneering and largest domestic payment cards scheme ushers in new era of cross-border e-commerce with acceptance on AliExpress…
Lagos, Nigeria, 25 November 2024 – Verve International, Africa’s leading domestic payments card scheme... |
| Nov 20, 2024 | Dangote Refinery commences exports of petrol to other West African countries – Report | A tanker has transported petrol from Nigeria’s new Dangote plant to waters off Togo, a sign to traders that the mega-refinery’s operations could soon potentially shake up regional fuel markets.
The CL Jane Austen recently loaded more than 3... |
| Nov 15, 2024 | Multichoice Group Faces Financial Storm in Nigeria | The winds of change are howling through Nigeria’s financial landscape. Multichoice Group, the South African Pay-TV giant, has found itself caught in a tempest. The company recently announced a staggering write-off of N31.6 billion, equivale... |
| Nov 11, 2024 | Nigeria: Nitel Building - Nigeria's Tallest Property of Decades | The Nigerian Telecommunications (NITEL) now Nigeria's External Communications Operations (NEM) House stands as the tallest building nationwide.
Located in Lagos, Nigeria, the 160 meters (525 feet) building has 32 floors, office space, and a... |
| Oct 25, 2024 | Dangote Refinery ships first 79.4 Million litres of Petrol by sea to domestic market — Report | Dangote Refinery has supplied about 79.4 million litres of petrol by sea to the local market, marking a significant boost to Nigeria’s domestic fuel supply.
The vessel, Sabaek, recently carried about 500,000 barrels (79.4 million litres) of... |
| Oct 24, 2024 | The Future of Education and Employment in Nigeria: A Dual Challenge | Nigeria stands at a crossroads. The country grapples with a burgeoning youth population and a pressing need for educational reform. The recent announcements from the Nigerian Education Loan Fund (NELFUND) and the Federal Inland Revenue Serv... |
| Oct 24, 2024 | Nigeria's Customs and Tax Service: A Dance of Auctions and Recruitment | In the bustling world of Nigeria's trade and finance, two significant developments are making waves. The Nigeria Customs Service (NCS) is gearing up to auction off overtime vehicles and containers, while the Federal Inland Revenue Service (... |
| Oct 21, 2024 | FIRS announces planned recruitment of tax officers across Nigeria | The Federal Inland Revenue Service (FIRS) has announced plans to kick off recruitment of tax officers in various locations across Nigeria.
While applications are yet to be opened, the Service in a public notice released on Monday said the r... |
| Oct 19, 2024 | The Energy Landscape: New Discoveries and Green Initiatives Shape the Future | The world of energy is a dynamic arena, constantly shifting between the old and the new. Recent developments in Nigeria and Italy illustrate this transformation vividly. On one hand, we have Chevron Nigeria announcing a significant oil disc... |
| Oct 19, 2024 | TotalEnergies to invest in Bonga North Offshore project, others before the end of 2024 – Oil Minister | The Minister of Petroleum Resources (Oil), Heineken Lokpobiri, has said TotalEnergies, an international oil major, is prepared to complete an investment deal in the North Offshore project as well as other joint ventures with Shell Petroleum... |
| Oct 18, 2024 | Chevron Nigeria announces new oil discovery in the Niger Delta | Chevron Nigeria has reported a new oil discovery in the Niger Delta, with a production potential of up to 17,000 barrels per day.
The discovery, described as a “near-field find,” was made by the Meji NW-1 spud within Petroleum Mining Lease ... |
| Oct 15, 2024 | Verve hits 70 million payment cards in Nigeria, consolidates market leadership. | Lagos, Nigeria, 15 October, 2024: Verve International, Africa’s 1st and largest domestic payments scheme, and an emerging reference-point in the burgeoning realm of domestic payment schemes globally, has again announced another remarkable n... |
| Oct 2, 2024 | Inflation: 49% of Nigerian businesses increased product prices in September- Stanbic PMI | Inflationary pressures continue to hit Nigerian businesses as up to 49% of business in the country reported increasing prices of products and services in the past month September.
This is according to the Stanbic IBTC Purchasing Managers’ I... |
| Sep 24, 2024 | Lifting of refined petroleum from Dangote Refinery expected to cut transport costs, curb inflation – CBN | The Central Bank of Nigeria (CBN) has projected that the lifting of refined petroleum products from the Dangote Refinery will lower transportation costs, curb inflation, and strengthen the country’s foreign reserves.
CBN Governor, Yemi Card... |
| Sep 23, 2024 | Nigerian Taopheek Babayeju Becomes First African to be Named Person of the Year Award by PMI Global | Left to right: Pierre Le Manh – President & CEO, Project Management Institute, PMI, Taopheek Babayeju, CEO, Icentra and Award Recipient – PMI Person of the Year, LuAnn Piccard – Chair, Board of Directors, Project Management Institute, P... |
| Sep 15, 2024 | SERAP asks Court to reverse petrol price to N600 per Litre over worsening conditions | The Socio-Economic Rights and Accountability Project (SERAP) has asked the Federal High Court Abuja to mandate the reversal of the fuel pump price to N600 per litre.
This was disclosed in SERAP’s statement on September 15, 2024, signed by i... |
| Sep 12, 2024 | Local marketers buy only 3% of Dangote Refinery’s products, boycott over lower pricing | The Vice President of Dangote Industries Limited, Devakumar V.G. Edwin, has expressed frustration over the boycott of Dangote Refinery’s products by local marketers.
During an X (formerly Twitter) space hosted by Nairametrics on Wednesday, ... |
| Sep 10, 2024 | NLC President Joe Ajaero regains freedom after detention by DSS | Joe Ajaero, President of the Nigeria Labour Congress (NLC), has regained his freedom after being arrested by the Department of State Services (DSS) on Monday at Abuja’s Nnamdi Azikiwe International Airport while preparing to travel to the U... |
| Sep 9, 2024 | Court jails 17 internet fraudsters in Benin City, orders asset forfeiture | In a recent ruling, Justice Igho Braimoh of the Edo State High Court, Benin City, convicted and sentenced 17 individuals involved in internet fraud, handing them varying jail terms.
In a statement by the Economic and Financial Crimes Commis... |
| Sep 8, 2024 | Atiku slams proposed VAT hike to 10%, warns of worsening economic crisis | Former Vice President Atiku Abubakar has sharply criticized the federal government’s proposed increase of the Value Added Tax (VAT) rate from 7.5% to 10%, warning that the move will exacerbate Nigeria’s already dire economic situation.
In a... |
| Sep 7, 2024 | NNPC debunks claim of being sole off-taker from Dangote refinery, says refinery can sell to marketers | The Nigerian National Petroleum Company Limited (NNPC) has dismissed claims by the Muslim Rights Concern (MURIC) suggesting that it is the sole off-taker of petrol products from the Dangote refinery, and it is using such to undermine the re... |
| Sep 5, 2024 | A New Era for Nigeria's Oil Sector: The Dangote Refinery's Impact on Petrol Prices and SMEs | Nigeria stands at a crossroads. The Dangote Refinery, a colossal project with a capacity of 650,000 barrels per day, is set to change the landscape of the oil and gas sector. Its first shipment of petrol, or Premium Motor Spirit (PMS), is r... |
| Sep 4, 2024 | Petrol price increase could force SMEs to shut down operations – MAN | The Manufacturers Association of Nigeria (MAN) has reacted to the increase in petrol prices stating that Small and Medium Scale Enterprises would be particularly hard-hit projecting that SMEs across the country could scale down operations o... |
| Sep 3, 2024 | New Dawn: Dangote refinery to roll out first shipment of petrol to local market today | Dangote Refinery is set to roll out its first shipment of Premium Motor Spirit (PMS), commonly known as petrol, today, Tuesday, September 3, Nairametrics has confirmed.
The refinery, with a capacity of 650,000 barrels per day, has successfu... |
| Aug 22, 2024 | The Shifting Sands of Global Oil Demand and Infrastructure Development | The global oil landscape is shifting. Recent reports indicate a significant decline in diesel demand from China, the world's second-largest economy. This drop, measured at 11% year-over-year in June, signals a seismic shift in energy consum... |
| Aug 22, 2024 | Oil Minister disputes OPEC data, insists Nigeria’s crude oil production is 1.7 million barrels daily | The State Minister of Oil, Heineken Lokpobiri, has insisted that the country is producing 1.7 million barrels of crude oil daily including condensates.
Lokpobiri made this disclosure during a keynote speech at an energy summit on Wednesday ... |
| Aug 22, 2024 | Naira sends mixed signals as Dollar shows some strength | The naira displayed mixed signals against the dollar in Nigerian FX markets on Thursday.
The greenback rose from seven-month lows amid some bargain hunting, though dollar gains were capped by expectations of interest rate cuts.
The naira ga... |
| Aug 21, 2024 | NNPC reports N246 trillion in total assets, surpassing Nigeria’s GDP | Nigeria’s state oil company, NNPC Limited, has released its 2023 full-year audited results, showing a profit after tax of N3.29 trillion.
This represents a significant increase from the N2.5 trillion profit reported in 2022, marking a 31.6%... |
| Aug 19, 2024 | Naira Transactions: A New Dawn for Nigeria's Oil and Consumer Markets | The Nigerian economy is at a crossroads. The government’s recent decision to sell crude oil to the Dangote Refinery in naira marks a significant shift. Starting October 1, 2024, this initiative aims to stabilize fuel prices and strengthen t... |
| Aug 19, 2024 | FG to begin sales of crude oil to Dangote refinery in Naira from October 1 – Wale Edun | The Federal Government has announced that sales of crude oil to the Dangote Refinery in naira will begin on October 1, 2024.
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, made this known during a meeting with ... |
| Aug 7, 2024 | Nigeria's Oil Dilemma: Billions Spent, Little to Show | Nigeria, a nation rich in oil, finds itself in a paradox. Billions of dollars have been poured into state-owned refineries, yet the results are disheartening. The Senate's recent scrutiny of the Port Harcourt Refinery's $1.5 billion mainten... |
| Aug 7, 2024 | Navigating Nigeria's Oil Crisis: A Call for Clarity and Action | Nigeria's oil industry is a tangled web of promises, challenges, and accusations. At the heart of this turmoil is the Nigerian National Petroleum Corporation (NNPC) Limited, led by Group Chief Executive Officer Mele Kyari. Recently, Kyari f... |
| Aug 7, 2024 | The Nigerian Oil Dilemma: A Tangle of Promises and Failures | Nigeria is a land rich in oil, yet its refineries sit idle, like ships anchored in a storm. The recent Senate hearings have cast a harsh light on the mismanagement and alleged sabotage within the Nigerian petroleum industry. At the heart of... |
| Aug 7, 2024 | We have nothing to do with importation of substandard petroleum products into Nigeria — Mele Kyari | The Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Corporation (NNPC) Limited, Mr. Mele Kyari, has said the company is absolutely nothing to do with the importation of substandard petroleum products into Nigeria
The... |
| Aug 7, 2024 | Senate raises alarm over $1.5 billion spent on Port Harcourt refinery in 2021 with no results | The Nigeria Senate has raised concerns over the $1.5 billion approved in 2021 for the turn-around maintenance of the Port Harcourt Refinery, citing little to no results.
Senator Opeyemi Bamidele, Chairman of the Senate Ad Hoc Committee to I... |
| Aug 4, 2024 | Full Speech: President Bola Tinubu address to the Nation on August 4th 2024 | This is the full broadcast by Nigeria’s President Bola Ahmed Tinubu to Nigeria on the 4th of August 2024.
BROADCAST BY HIS EXCELLENCY BOLA AHMED TINUBU, PRESIDENT AND COMMANDER-IN-CHIEF OF THE ARMED
FORCES OF THE FEDERAL REPUBLIC OF NIGERIA... |
| Aug 2, 2024 | Lawmakers ask Nigerians and oil companies to propose solutions for combating ‘adulterated fuel influx’ in Nigeria | The House of Representatives’ Joint Committee on Petroleum Resources (Midstream and Downstream) has asked Nigerian stakeholders and oil companies to submit proposals highlighting how to address the influx of adulterated fuel products into N... |
| Jul 31, 2024 | Navigating Nigeria's Economic Crossroads: The Diaspora Voting Bill and Import Trends | Nigeria stands at a crossroads. On one side, the promise of political empowerment for its diaspora. On the other, the harsh realities of economic dependency and rising import costs. The recent announcement regarding the Diaspora Voting Bill... |
| Jul 29, 2024 | Concerning trends in Nigeria’s recent imports | As Nigerians contend with the fallout from fuel subsidy removals, rising food prices, and a weakening naira, the conversation has expanded beyond the immediate challenges of everyday expenses like bread and transportation. In the last year,... |
| Jul 24, 2024 | Dangote explores cement, fertiliser investments in Gabon amid row with Nigerian authorities | Africa’s richest man, Alhaji Aliko Dangote has travelled to Gabon to honour the invitation of the country’s President to explore investment opportunities in cement and fertiliser manufacturing.
This is coming on the heels of the billionaire... |
| Jul 23, 2024 | These countries are championing EV and CNG usage in Africa | A few weeks ago, Nigeria announced the simultaneous commissioning of 12 CNG stations in Abuja and Lagos. The 12 CNG stations are part of a broader effort by the Nigerian National Petroleum Corporation (NNPC), which has been actively deployi... |
| Jul 21, 2024 | Dangote says firm will drop plan to invest in Nigeria’s steel industry to avoid monopoly allegations | The President and Chief Executive Officer (CEO) of Dangote Group, Aliko Dangote, has announced that the company will abandon its plans to enter Nigeria’s steel industry to avoid being branded a monopoly.
Dangote made this disclosure in a st... |
| Jul 20, 2024 | India's Coal Sector: Fueling Growth and Opportunity | India's coal sector is on the brink of expansion, with new mine agreements set to create over 40,000 jobs and boost the country's energy security. These agreements signal a shift towards self-sufficiency and economic growth, reducing relian... |
| Jul 16, 2024 | Adani Power, NTPC, JSW Energy Compete for Sinnar Thermal Project
Rajasthan government starts exploring coal bed methane reserves
TotalEnergies sells $860M Nigerian oil and gas stake to Chappal Energies
DLF chairman now richest real estate mogul with Rs 1,244.2 bn wealth | POWER & RENEWABLE ENERGY Adani Power, NTPC, JSW Energy Compete for Sinnar Thermal Project
16 Jul 2024 3 Min Read CW Team
Some of India's largest power producers, including Adani Power, JSW Energy, Jindal Power, Vedanta Group, Torrent Po... |
| Jul 16, 2024 | India's Coal Sector to Expand
Rajasthan government starts exploring coal bed methane reserves
TotalEnergies sells $860M Nigerian oil and gas stake to Chappal Energies
DLF chairman now richest real estate mogul with Rs 1,244.2 bn wealth | COAL & MINING India's Coal Sector to Expand
16 Jul 2024 3 Min Read CW Team
India's coal sector is set for a significant expansion with the signing of new mine agreements expected to create approximately 40,560 jobs. These agreements mar... |
| Jul 16, 2024 | Tata Group to keep Air India's top management post Vistara merger
Rajasthan government starts exploring coal bed methane reserves
TotalEnergies sells $860M Nigerian oil and gas stake to Chappal Energies
DLF chairman now richest real estate mogul with Rs 1,244.2 bn wealth | AVIATION & AIRPORTS Tata Group to keep Air India's top management post Vistara merger
16 Jul 2024 3 Min Read CW Team
The Tata Group is committed to maintaining continuity at the top management level of Air India following its merger wit... |
| Jul 16, 2024 | China's New Home Prices Decline by 4.5% in June 2024
Rajasthan government starts exploring coal bed methane reserves
TotalEnergies sells $860M Nigerian oil and gas stake to Chappal Energies
DLF chairman now richest real estate mogul with Rs 1,244.2 bn wealth | Real Estate China's New Home Prices Decline by 4.5% in June 2024
16 Jul 2024 2 Min Read CW Team
In June 2024, China's real estate sector faced significant turbulence as new home prices dropped sharply by 4.5%. This decline marks a pronounce... |
| Jul 15, 2024 | Magesh S is the new Director of Sales at Putzmeister Concrete Machines
Rajasthan government starts exploring coal bed methane reserves
TotalEnergies sells $860M Nigerian oil and gas stake to Chappal Energies
DLF chairman now richest real estate mogul with Rs 1,244.2 bn wealth | Equipment Magesh S is the new Director of Sales at Putzmeister Concrete Machines
15 Jul 2024 2 Min Read CW Team
Putzmeister Concrete Machines has appointed Magesh Swaminathan as Director Sales effective July 2024. In a career spanning 28 ye... |
| Jul 11, 2024 | “All’s Fair in Love”: Deyemi Okanlawon exceeds Box office prediction by 118% | On February 14, 2024, Nollywood’s romantic comedy All’s Fair in Love premiered in cinemas, amassing an impressive N7.6 million in ticket sales on its opening day.
Despite the genre’s relatively modest popularity, the film continued to attra... |
| Jun 23, 2024 | Dangote accuses IOCs of crude oil price manipulation, claims firms sabotaging refinery | Devakumar Edwin, the Vice President of Oil and Gas at Dangote Industries Limited (DIL), has accused International Oil Companies (IOCs) in Nigeria of actively trying to undermine the Dangote Oil Refinery and Petrochemicals.
Edwin made this d... |
| Jun 4, 2024 | Opec oil output increases in May, led by Nigeria, Iraq, survey shows | |
| May 20, 2024 | Weekly Economic Index: Flutterwave loses ₦11 billion to security breach, the CBN approves 14 new IMTOs, and oil and gas stocks decline by 6.5% in NGX | Here are three big stories from Africa’s business and policy landscape you (probably) didn’t miss but should keep in mind this week: Fintech Giant Flutterwave Hit by Alleged ₦11 Billion Security Breach
Last week, Nigerian fintech leader Flu... |
| Sep 9, 2021 | NNPC posts profit growth in 2020 despite 20% decline in topline | --> -->
The Nigerian National Petroleum Corporation (NNPC) posted a profit after tax of N287.23 billion in 2020, representing a significant growth compared to a loss of N1.76 billion recorded in the previous year.
This is contained in... |
| Jan 8, 2013 | Nigerian State Oil Firm NNPC Takes On $1.5 Billion Loan | Nigerian state oil firm NNPC has been loaned $1.5 billion in order to pay off its debts to international fuel traders, easing the burden on commodity traders and reducing the possibility of Nigeria defaulting on loans.
The deal is crucial t... |
| BREAKING: NNPC secures $3 billion emergency crude repayment facility to boost naira | |
| Nigerian National Petroleum Corporation (NNPC) | “NNPC LTD | Home” |