Industry

Lagos ports are gearing up for a busy period in January 2026, with the arrival of 31 vessels carrying essential goods, including petroleum products and food items.  These vessels are expected to dock at two of the nation’s premier…
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...Despite Dangote’s withdrawal The Independent Corrupt Practices and Other Related Offences Commission, ICPC, has vowed to continue its probe of the immediate past Chief Executive Officer of the Nigerian Midstream and Downstream…
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By Prof. Wumi Iledare Following diverse commentaries since the capture of Venezuelan President, Nicolas Maduro, a petroleum economist of repute, Prof. Wumi Iledare has, in one of his contributions to the global topical issue,…
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By Kunle Odusola-Stevenson Imagine the scene: January 3, 2026. In a daring, lightning-fast U.S. military operation, special forces swoop in and seize Nicolás Maduro, the iron-fisted leader whose regime has long defied Washington.…
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The total revenue collected by Electricity Distribution Companies (DisCos) increased to N570.25 billion in the third quarter (July-September) of 2025, representing 22.19% increase from N466.69 billion recorded in same period of 2024. …
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The Nigerian Content Development and Monitoring Board (NCDMB) in collaboration with Olafrankies Integrated Ltd has commenced a five-day training program on subsea engineering and production. The training, which started on January 5,…
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Four Nigerian firms dominate as Nigerian Exchange Limited recorded a N469 billion gain in equities after trading on Tuesday. Jaiz Bank, ABC Transport, Austinlaz, Multiverse Mining, and 60 other stocks pushed NGX into bullish territory.…
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More oil marketing companies (OMCs) are cutting fuel prices this week, following the first pricing window in January and intensified competition within the downstream petroleum market. The downward adjustments are expected to…
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EFCC Headquarters The Federal High Court in Abuja has granted an application filed by the Economic and Financial Crimes Commission, EFCC, to temporarily forfeit the sum of N30.7 million linked to the alleged fraud perpetrated in the…
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By Ese Ufuoma The Federal Government and industry stakeholders have thrown their weight behind the modular refinery being built by Ebenco Global Link Limited in Koko, Delta State, calling it a critical instrument in the fight…
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