To sustain refining operations the Dangote oil refinery has placed import order of at least five million barrels of U.S. West Texas Intermediate (WTI) crude oil in July, thus extending its buying spree after a potential record tally for June. The giant new 650,000 barrel per day capacity oil refinery is set to import around […]Read More
Oil and gas industry analysts across the continent have predicted that Africa’s oil and gas sector is expected to witness strong investment flows in the coming years. Analysts and other speakers provided the highlights during a webinar organized by energy analytics company Welligence. They expressed the opinion that independent and national oil companies are rapidly […]Read More
June 2, 2025 The Administration of President Bola Ahmed Tinubu, GCFR celebrated two years in office a few days ago on Thursday, 29th May 2025. It is important that one pauses to take an insider look at the journey so far, as well as chart the course for the remaining part of his first term. […]Read More
The Federal Government (FG) has declared Friday 6th, and Monday 9th June, 2025 as public holidays to mark this year’s Eid-ul-Adha celebration. The Minister of Interior, Dr. Olubunmi Tunji-Ojo, who made the declaration on behalf of the Federal Government (FG), congratulated all Muslim Ummah both at home and in the Diaspora on this occasion. He […]Read More
31 May, 2025. Judiciary workers under the Supreme Court, National Judicial Council (NJC) and the Federal High Court (FHC) have pulled out of the planned strike due to begin on Monday. The Judiciary Staff Union of Nigeria (JUSUN) had directed its members in all federal courts nationwide and other judicial institutions to withdraw their services […]Read More
May 31, 2025 The Federal Government welcomes Moody’s Investors Service’s latest upgrade of Nigeria’s long-term foreign-currency issuer rating from Caa1 to B3, with a Stable Outlook. This is a significant vote of confidence in the country’s economic direction and ongoing reform agenda. This upgrade reflects growing international recognition of Nigeria’s progress in stabilising its macroeconomic […]Read More
May 31, 2025 President Bola Ahmed Tinubu has reaffirmed the federal government’s commitment to local content, technology transfer, and the empowerment of Nigerians as he commissioned the first phase of the Lagos-Calabar Coastal Highway and several major road projects across the country. At the ceremony in Lagos on Saturday, President Tinubu directed the Minister of […]Read More
May 29, 2025 More than $14 billion in clean energy investments in the U.S. have been canceled or delayed this year, according to an analysis released Thursday, as President Donald Trump’s pending megabill has raised fears over the future of domestic battery, electric vehicle and solar and wind energy development. Many companies are concerned that […]Read More
Roger Brown, CEO of Nigerian independent oil and gas company Seplat Energy, has been confirmed as a speaker at African Energy Week (AEW): Invest in African Energies 2025, taking place from September 29 to October 3 in Cape Town. His participation underscores Nigeria’s gas-led strategy to drive industrialization, boost power generation and attract investment across […]Read More
Two vandals were jailed under Eko Electricity Distribution Company (EKEDC) network, as the company reaffirmed its zero-tolerance policy towards vandalism, illegal connections, and energy theft while two additional suspects were also arraigned in its continued legal offensive across Lagos and Ogun States. The Company’s General Manager of Corporate Communications and Strategy, Mr. Babatunde Lasaki, confirmed […]Read More
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