Industry

Nigeria’s economic reforms have delivered stronger macroeconomic indicators, but the gains are yet to translate into broad-based prosperity, with capital inflows rising 83.8 per cent to $10.37 billion in the first quarter of 2026, even…
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Eyesan One month after the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) announced 31 companies as winners of 37 oil and gas blocks in the 2025 Licensing Round, winners are required to proceed with payment of signature…
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The Nigerian National Petroleum Company Limited (NNPC Ltd.) is putting the country’s trainers and universities on notice: keep pace with the energy transition or watch a new generation of technical jobs go elsewhere. Kazachiyang…
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As Africa develops its estimated 125.3 billion barrels of crude oil and 620 trillion cubic feet of natural gas to strengthen energy security and expand local economies, local-content frameworks are entering a new phase. Governments…
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Shell leaders and Contractor CEOs at the Annual Shell Leadership and Contractor CEO Conference, reaffirming their shared commitment to collaboration, operational excellence, alignment on strategic priorities, and sustainable business…
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Nyeson Wike, FCT Minister According to a report by Punch Newspaper on Thursday, August 20, 2026, Nyesom Wike, the Minister of the Federal Capital Territory, has defended the Federal Government’s decision to remove fuel subsidy, accusing…
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The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has raised concerns over alleged alterations to the Petroleum Industry Act, citing the removal of some fiscal provisions and moving them to the Nigeria…
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Nigeria’s energy sector is entering another decisive phase, marked by a striking contradiction: the country is increasingly capable of producing energy commodities for international markets, yet domestic businesses and consumers…
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Minister of Finance and Coordinating Minister of the Economy Taiwo Oyedele The Federal Government has said the economic reforms introduced by the administration of President Bola Tinubu saved Nigeria from a possible petrol price of…
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Nearly 3,000 people in Badagry Local Government Area of Lagos State benefitted from the latest edition of the Vision First initiative of the Nigerian National Petroleum Company Limited (NNPC) and Shell Nigeria Exploration and…
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