FGN Inaugurates Committee to Develop Five-Year Strategic Plan for Oil

The Federal Government of Nigeria (FGN) has inaugurated a new committee to develop a comprehensive five-year strategic plan aimed at repositioning Nigeria’s oil and gas sector for sustainable growth and improved performance. The committee, inaugurated on Thursday in Abuja, is mandated to produce a Strategic Plan for 2025–2030, a Petroleum Sector Roadmap, and a Monitoring […]Read More

Sahara Group Expands Talent Pipeline with Graduate Business Analyst Program

Sahara Group has introduced the Sahara Graduate Business Analyst (GBA) Program to equip emerging talent with analytical, data-driven, and problem-solving skills necessary to enhance business performance and foster innovation in Africa’s energy sector. Bethel Obioma, Head, Corporate Communications at Sahara Group, said the new initiative highlights the company’s increased emphasis on insights, analytics, and decision intelligence for […]Read More

Oil Rises as EIA Reports Across the Board Inventory Draw

October 22, 2025 Crude oil inventories in the United States decreased by 1 million barrels during the week ending October 17, after gaining 3.5 million barrels in the week prior, according to new data from the U.S. Energy Information Administration (EIA) released on Wednesday. The increase brings commercial stockpiles to 422.8 million barrels according to […]Read More

Kano, Katsina, Jigawa states partner on tri-state electricity market for

The Kano State Government is pleased to announce that the Executive Governors of Kano, Katsina, and Jigawa States have agreed to partner on a tri-state electricity market and acquire equity stakes in Future Energies Africa (FEA), the core investor in Kano Electricity Distribution Company (KEDCO). According to the Kano State Commissioner of Power and Renewable […]Read More

Asharami Synergy Bolsters Fuel Solutions in Lekki with New Retail

Lagos, Nigeria Asharami Synergy, a Sahara Group downstream company, has strengthened its retail footprint with the commissioning of a new station in Lekki, Lagos, to enhance access to exceptional fuelling solutions. Strategically located to serve residents and businesses across Lekki and its environs, the new facility is equipped with trailblazing forecourt technology. This system allows […]Read More

NERC: DisCos get N28bn bailout for free meter rollout

The Nigerian Electricity Regulatory Commission (NERC) has approved the disbursement of N28bn to electricity distribution companies for the second phase of the Meter Acquisition Fund scheme, for the metering of all outstanding Band A customers free of charge. The order, cited as ‘NERC Order No: 2025/10—Order on the Operationalisation of Tranche B of the Meter […]Read More

NMDPRA deepening push for gas processing, energy investments – CEO

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says it is  implementing polices that promote infrastructure expansion, access to facilities and investment in gas processing, storage, and transportation systems. The Authority Chief of the NMDPRA, Mr Farouk Ahmed, said this on Monday in Abuja, while speaking at the 18th Annual International Conference of the […]Read More

NAEC Energy Conference: Stakeholders  demand priority for gas investment bankability

‘How govt, stakeholders can take gas to the last mile consumers, assure sustainable growth,’ Sahara Group, Neconde Energy Limited, Rainoil Limited, Eterna Plc share thoughts on why time is ripe for the domestic gas market to provide compelling signals for RoI Key stakeholders in the Nigeria’s Energy space have heightened demand to give priority attention […]Read More

FGN, GenCos Finalize Implementation Framework for ₦4 Trillion Presidential Power

14 October 2025 The Federal Government of Nigeria (FGN) has taken a major step toward restoring financial stability and investor confidence in the electricity market with the finalization of the implementation framework for the Presidential Power Sector Debt Reduction Plan, a landmark initiative approved by President Bola Ahmed Tinubu to address structural bottlenecks and lay […]Read More

NIGERIA SECURES SECOND MAJOR GAS INVESTMENT IN 18 MONTHS WITH

October 14, 2025 “OVER $8 BILLION IN MAJOR UPSTREAM OIL AND GAS FINAL INVESTMENT DECISIONS UNDER PRESIDENT TINUBU SIGNALS RENEWED GLOBAL INVESTOR CONFIDENCE” President Bola Ahmed Tinubu welcomes the news of Shell’s $2 billion Final Investment Decision (FID) on a new gas project in the shallow offshore HI Field, in OML 144. The new Non-Associated […]Read More

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