REA, Lotus Bank Partner to Launch Renewable Energy Financing Facility

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

Sahara Group Promotes Sustainable Development Through MAD Grant Initiative

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

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

NNPC Ltd Commends Chevron Nigeria Ltd on Successful Awodi-07 Discovery

The Nigerian National Petroleum Company Limited (NNPC Ltd) has congratulated Chevron Nigeria Limited (CNL), operator of the NNPC Ltd/CNL Joint Venture, on the successful completion of the Awodi-07 appraisal and exploration well located in the shallow offshore western Niger Delta. The Awodi-07 well was drilled as part of the Joint Venture’s ongoing efforts to further […]Read More

Indian Refiner BPCL to Sign $780 Million Oil Supply Deal

January 23, 2026 India’s state-owned refiner Bharat Petroleum Corporation Limited (BPCL) is set to sign next week an oil supply deal with Brazilian state giant Petrobras for the delivery of 12 million barrels of crude, valued at about $780 million. The signing of the agreement is expected to take place during the India Energy Week […]Read More

Shell Signals $20 Billion Bet on Nigeria’s Deepwater Revival

January 23, 2026 Shell plans to invest $20 billion in the Bonga South West deepwater project offshore Nigeria, the special adviser to Nigeria’s president said after the government approved investment-linked incentives for the project. Nigerian President Bola Ahmed Tinubu has approved the adoption of targeted, investment-linked incentives to support the proposed Bonga South West deepwater […]Read More

Tinubu approves targeted incentives to unlock jobs, FX inflows from

January 22, 2026 President Bola Ahmed Tinubu has approved thegazetting of targeted, investment-linked incentives to support the proposed Bonga South West deep-offshore oil project by Shell and its partners. The President also directed the Special Adviser to the President on Energy, Mrs. Olu Verheijen, to facilitate the gazette of the incentives in line with Nigeria’s […]Read More

Pesident Tinubu Approves Oil Drilling At Tongeji Island, Renames Olokola

President Bola Ahmed Tinubu has approved the commencement of commercial oil drilling at Tongeji Island in Ipokia Local Government Area, positioning Ogun State to officially become an oil-producing state. Governor Dapo Abiodun disclosed this while receiving the Flag Officer Commanding, Western Naval Command, Rear Admiral Abubakar Abdullahi Mustapha, during a courtesy visit in Abeokuta. The […]Read More

Dangote Unveils Vision 2030 to Accelerate Africa’s Industrialisation, Economic Self-Reliance

Dangote Industries Limited (DIL) has unveiled an ambitious Vision 2030 strategy designed to fast-track Africa’s industrialisation, deepen economic self-sufficiency, and invest in the continent’s next generation. President of the Group, Aliko Dangote, said the long-term strategy is anchored on building Africa’s capacity to feed itself, power its economy, and develop human capital in a sustainable manner. Outlining the […]Read More

NLNG Renews Drive For Capacity Building At 2026 #NLNGChangeYourStory Workshop

Jnuary 22, 2026 Thirty-two (32) journalists from different media organisations benefitted from a strategic 3-days capacity‑building workshop in Abuja which ended on Wednesday. The workshop offered new insights into the rapidly evolving role of artificial intelligence and digital communication in today’s newsroom.  The training, held under the #NLNGChangeYourStory initiative, reinforces NLNG’s commitment to strengthening stakeholder […]Read More

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