• April 7, 2026
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Ayeni Akinola

Egbin Power Reinforces Commitment to Employee Welfare, Unveils 80 New Staff Housing Units

Egbin Power Reinforces Commitment to Employee Welfare, Unveils 80 New

March 7, 2026

Egbin Power Plc, Nigeria’s foremost power generation company, has once again demonstrated its unwavering commitment to its workforce with the unveiling of 80 new residential housing units for employees within its plant premises in Egbin, Lagos State. This strategic investment underscores the company’s philosophy that a well-supported workforce is fundamental to sustained operational excellence. The […]Read More

KEDCO Spending ₦500M to Boost Power Supply in Katsina

February 19, 2026

The Kano Electricity Distribution Plc. (KEDCO) is investing ₦500 million to revive the IBB Way Injection Substation and other critical power infrastructure in Katsina, in a strategic move aimed at boosting supply capacity, improving network stability, and delivering more reliable power to our customers in the Katsina city metropolis. Since the acquisition of KEDCO by […]Read More

President Tinuu signs executive order for direct remittance of oil,

February 19, 2026

February 19, 2026 President Bola Tinubu has issued an executive order to safeguard and enhance oil and gas revenues for the Federation, curb wasteful spending, eliminate duplicative structures in this critical sector of the national economy, and redirect resources for the benefit of the Nigerian people. The President signed the EO in pursuance of Section […]Read More

President Tinubu, German Chancellor Merz to Collaborate on Security, Power

February 19, 2026

February 19, 2026 President Bola Tinubu and German Chancellor Friedrich Merz have resolved to improve bilateral relations between their two countries and to strengthen collaboration in the security, power, and railway sectors. In a telephone conversation on Wednesday afternoon, the two leaders also expressed their willingness to cooperate in creative arts and skill development. President […]Read More

Venezuela Eyes $1.4 Billion in Oil Investments

Venezuela Eyes $1.4 Billion in Oil Investments

January 27, 2026

January 27, 2026 Venezuela expects fresh oil investments of some $1.4 billion this year, which would be up from $900 million last year, interim president Delcy Rodriguez said, as quoted by Reuters. The investments will come from production-sharing agreements, the report noted, which are currently being discussed by the Venezuelan government and oil companies as part of […]Read More

One Uncommon Thing Executives Value: People Who Make Problems Smaller

January 26, 2026

The Chief Executive Office of the largest Electricity Distribution Company in Nigeria, Ikeja Electric, Folake Soetan stated that in most organisations, problems grow as they travel upward. They pick up emotion, blame, and unnecessary complexity. According to her, what senior leaders appreciate most are team members who do the opposite. On Folake’s LinkedIn page, Ope […]Read More

Sahara Group Promotes Sustainable Development Through MAD Grant Initiative

January 26, 2026

January 26, 2026 Sahara Group, a prominent international energy conglomerate, has reiterated its dedication to fostering sustainable development and enhancing human capacity in Africa through its Making A Difference (MAD) Grant. This initiative focuses on advancing research by providing awards to visionary academics. Building on the success of its inaugural edition at the University of Lagos […]Read More

China Opens Lithium Market to Overseas Investors

China Opens Lithium Market to Overseas Investors

January 26, 2026

January 26, 2026 China will open up futures markets for 14 commodities, including lithium carbonate and nickel, to foreign investors, Bloomberg reported today, citing a statement by the China Securities Regulatory Commission. The move comes a few days after reports emerged that Beijing plans to launch liquefied natural gas futures priced in yuan. The Shanghai Futures Exchange […]Read More

Sahara Group Foundation Commissions 17th Sahara Go Recycling Hub in

January 25, 2026

Lagos, Nigeria | January 23, 2026 Sahara Group Foundation, the corporate social impact arm of Sahara Group, has commissioned its 17th Sahara Go Recycling Hub in Ibeju-Lekki, Lagos State, reinforcing its commitment to sustainable waste management, environmental protection, and community empowerment across Nigeria. The Sahara Foundation Go Recycling Initiative promotes a circular economy by diverting […]Read More

Venezuela’s Heavy Oil Gets a Lifeline from US Naphtha

Venezuela’s Heavy Oil Gets a Lifeline from US Naphtha

January 24, 2026

January 23, 2026 US naphtha has begun arriving in Venezuelan waters, marking an early and telling step in efforts to restart the country’s long-crippled heavy oil production. Ship tracking data showed a tanker chartered by Vitol reaching Venezuelan waters with the first naphtha cargo tied to a new oil deal between Washington and Caracas. The […]Read More

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