Jan 29, 2026 Africa is set to dominate high-impact exploration in 2026, accounting for roughly 40% of planned wells, driven by ultra-deepwater Atlantic margin plays. Operators are increasingly prioritizing frontier and capital-intensive prospects to secure large, long-life resources as mature basins deliver diminishing returns. North America’s exploration outlook remains constrained, underscoring a broader global pivot […]Read More
January 29, 2026 The Vice President, Senator Kashim Shettima, has said the ongoing reforms of the administration of President Bola Ahmed Tinubu are beginning to restore the confidence of the global community in Nigeria. This, he said, explains why persons from foreign countries now choose to participate in professional courses like the Professionals’ Certification Programme […]Read More
January 28, 2026 President Recep Tayyip Erdogan of the Republic of Türkiye, on Tuesday in Ankara, said his country targets a $5 billion trade volume with Nigeria, adding that discussions to actualise this have already commenced. President Erdogan stated this during a joint press briefing with President Bola Ahmed Tinubu during the Nigerian President’s State […]Read More
January 28, 2026 The Vice President, Senator Kashim Shettima, has restated Nigeria’s commitment to shaping Africa’s future through impact, inclusion, and investment. And in achieving this, he said the nation is launching and strengthening initiatives such as the Business Coalition for Education and the Women and Youth Financial and Economic Inclusion Platform. Speaking on Wednesday […]Read More
January 28, 2026 Electric truck sales are booming in China, displacing not only petroleum product demand but also threatening to begin eroding LNG demand for heavy-duty transportation. Chinese electric truck sales soared to a record high last month while full-year 2025 sales of battery-powered heavy-duty vehicles jumped threefold from a year earlier, to more than […]Read More
January 26, 2026 The Rural Electrification Agency (REA) and Lotus Bank have reached a strategic milestone in their collaboration to deepen financing for energy access across Nigeria. Following a high-level meeting on Wednesday, the two institutions announced plans to transition from project-based support to a large-scale, dedicated financial framework. The engagement focused on the Distributed […]Read More
January 21, 2026 U.S. supermajor Chevron expects to finalize this quarter a planned sale of its stake in a Singaporean refinery and distribution assets in wider Asia, Reuters reported on Wednesday, quoting multiple sources familiar with the development.Chevron Looks to Finalize Sale of Singapore Assets by March Last year, Chevron was said to have invited […]Read More
January 20, 2026 Equatorial Guinea is looking to strike prepaid oil and LNG delivery deals with commodity traders as OPEC’s smallest oil producer needs money to maintain operating fields and revive its upstream sector, anonymous sources with knowledge of the plans told Bloomberg on Tuesday. The central African country has been struggling to attract upstream […]Read More
The 2026 Distributors’ Awards Night, held at Eko Convention Centre, Victoria Island, Lagos, celebrated the company’s highest-performing partners under the theme “Partner for Growth.” Recipients received an impressive array of gifts, including cash prizes, containers of cement, high-end SUVs, and CNG-powered trucks, all valued at ₦15 billion President/CE of Dangote Industries Limited, Aliko Dangote, speaking […]Read More
January 19, 2026 The Vice President, Senator Kashim Shettima, has said the opening of Nigeria House in Davos reflects the country’s renewed seriousness, readiness, and resolve to take its place as an active participant in shaping global economic conversations. He observed that while nations do not prosper in isolation, Nigeria’s future growth depends on deliberate, […]Read More
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