Industry

By Gideon OsakaThe energy sector driven largely by oil and gas activities remains Nigeria’s economy’s cornerstone, contributing significantly to government revenue and foreign exchange earnings. Despite the impacts of currency…
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By William Emmanuel UkpojuDonald Trump’s return to the presidency in 2025 has reignited debates over the future of energy policy in the United States. As an advocate for “America First” energy independence during his previous tenure,…
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Vice President Shettima with Exxonmobil executives By Gideon OsakaThe oil and gas sector under President Bola Ahmed Tinubu’s administration, is experiencing a resurgence even though challenges still lie ahead. At the inception of his…
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By William Emmanuel UkpojuAs Africa stands at a pivotal moment in its history, the need for transformative solutions to its energy challenges has never been more urgent. With nearly 600 million Africans lacking access to reliable…
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By William Emmanuel UkpojuFuel tanker explosions in Nigeria have become a tragic and recurring disaster, wreaking havoc on communities, destroying lives, and exposing deep flaws in the country’s transportation and safety systems. Each…
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By Ese UfuomaAs the global energy landscape undergoes a significant transformation, Africa’s vast natural gas reserves are becoming increasingly crucial in meeting rising global liquefied natural gas (LNG) demand. With expanded…
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Dangote Petroleum Refinery has announced a reduction in the ex-depot price of Premium Motor Spirit (PMS), commonly known as petrol, from N950 to N890, effective from Saturday. This price adjustment is said to be in response to…
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While the nation grapples with frequent power outages, a glimmer of hope emerges from the rural landscape. The Federal Government is actively pursuing a bold initiative: securing $1.1 billion in funding to construct a network of…
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*After jumbo band A increase Nigeria’s power prices need to rise by about two thirds for many customers to reflect the cost of supplying it and an increase can be expected within months, President Bola Tinubu’s special adviser on…
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Conoil Plc, a leading downstream oil and gas company, has reported a 60.5% surge in revenue for the financial year ended December 31, 2024. The company’s latest unaudited financial statements obtained by Investor King showed Revenue…
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