Industry

President Bola Tinubu President Bola Tinubu has raised concerns over Nigeria’s growing debt burden, warning that the country could spend as much as $11.6 billion on debt servicing in 2026 if current global financial conditions persist. …
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Saleh Mamman A Federal High Court in Abuja has sentenced former Minister of Power, Saleh Mamman, to 75 years imprisonment after finding him guilty of fraud and money laundering involving about ₦33.8 billion linked to major power…
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Former President Olusegun Obasanjo has said some of the major economic reforms introduced by President Bola Ahmed Tinubu were necessary policies but lacked adequate preparation, study, and planning before implementation. Obasanjo…
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Nigeria’s downstream regulator has significantly loosened restrictions on foreign fuel imports, granting six marketers licenses to bring in 600,000 metric tons of gasoline. This volume represents more than triple the previously…
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Saleh Mamman The Federal High Court sitting in Abuja has convicted former Minister of Power, Saleh Mamman, of 12 counts of fraud and money laundering totaling N33.8 billion. In a judgment delivered on Thursday by Justice James…
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By Ese Ufuoma The oil and gas industry is no longer what it used to be. Today, data is just as important as crude oil. Across the world, companies are moving from traditional drilling to smarter systems powered by Artificial…
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As fuel demand surges, Africa must decide whether to build its own refining future or remain vulnerable to global supply shocks By William Emmanuel Ukpoju Africa is standing on the edge of a quiet but profound energy crisis, one…
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Adeleye Falade By Silverline Ifeanyi Onyeabor A quiet but consequential transition is underway at Nigeria LNG Limited (NLNG), one that speaks not only to leadership succession but also to the evolving identity of Nigeria’s most…
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GCEO NNPC Ltd, Engr. Bashir Bayo Ojulari flanked by the Chairman, Sanjiang Chemical Company, Mr. Guan Jianzhong (left) and Chairman, Xinganchen (Fuzhou) Industrial Park Operation and Management Co. Ltd, Mr. Bill Bi (right), signing a…
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By William Emmanuel Ukpoju Sierra Leone’s quiet entry into the global upstream spotlight is beginning to reverberate far beyond its shores. With the signing of a reconnaissance agreement with Shell Exploration Company B.V., the…
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