Industry

By Kunle Odusola-Stevenson The Nigeria International Energy Summit (NIES) stands as a beacon of distinction, a truly international convocation serving an international industry. It is not merely another conference; it is a Federal…
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By Kunle Odusola-Stevenson In today’s global energy landscape, the real measure of corporate strength is not only in barrels lifted or revenues declared. Increasingly, it is found in the quality of stakeholder relationships and…
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By Ese Ufuoma Nigeria is leading an initiative to establish a regional oil-pricing template for West Africa, aiming to replace the ill-fitting global yardstick with pricing that reflects local market reality.At a regional conference…
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By Gideon Osaka Four months into Mr. Bayo Ojulari’s tenure as the Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPC), the atmosphere at the company’s base in Abuja remains tense, marked by…
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By Dr. Wisdom Enang The recent slump in global oil prices presents a serious threat to Nigeria’s fiscal stability. Once again, it highlights the dangers of overdependence on crude for government revenue and foreign exchange. …
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By Danlami N. Isah and Emmanuel Peter The 48th Nigeria Annual International Conference & Exhibition (NAICE), organised by the Society of Petroleum Engineers (SPE) Nigeria Council, convened under a banner as inspiring as it is…
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By Gideon Osaka The Minister of Power, Adebayo Adelabu, recently gave a plain appraisal of the power sector during a high-stakes meeting with President Bola Tinubu and members of the Association of Power Generation Companies…
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Fatih Birol By Patience Chat Moses The global oil market is caught between a flood of new supply and a stubbornly sluggish demand picture. According to the International Energy Agency's (IEA) latest report, a dramatic reversal of…
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By William Emmanuel Ukpoju On August 19, 2025, the Central Bank of Nigeria (CBN) confirmed that the country’s external reserves had risen to $41.0 billion, the highest level since December 2021. For government officials and…
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By William Emmanuel Ukpoju Nigeria’s financial architecture is clear: any transaction conducted within the country must be settled in Naira. Under the Foreign Exchange (Monitoring and Miscellaneous Provisions) Act, 1995, and…
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