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Industry
Africa’s $90 Billion Drain: Why the Continent Still Imports Its Fuel
...Despite producing 7 million barrels a day, Africa exports crude and imports dependency
Aliko Dangote
By Ese UfuomaAfrica produces about seven million barrels of crude oil daily, yet it only refines 40 per cent of its 4.3 million!-->!-->!-->!-->!-->…
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NNPC Appoints New Corporate Communications, Relations Chiefs
By Saidu Abubakar
The Nigerian National Petroleum Company, NNPC Ltd has announced the appointment of two seasoned executives - Mr. Andy Odeh and Mrs Morenike Adewunmi, to key leadership positions with Mr. Odeh as Chief Corporate!-->!-->!-->!-->!-->…
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PIA Needs Urgent Review – Governor Diri Urges FG
Governor Douye Diri of Bayelsa State has again urged the Federal Government to take a fresh look at the Petroleum Industry Act (PIA) in order to resolve conflicts in Niger Delta oil-producing communities arising from implementation of!-->!-->!-->…
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NCDMB Lists Achievements, Tasks Media, Youth on Social Responsibility
By Obinna Ezeobi, PhD
The Nigerian Content Development and Monitoring Board (NCDMB) on Thursday in Port Harcourt organized a workshop for media stakeholders and youth groups, providing profound insights into the structural!-->!-->!-->!-->!-->…
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OGTAN Announces Recipients of 4th Human Capital Development Awards
By Saidu AbubakarThe Oil and Gas Trainers Association of Nigeria (OGTAN) is delighted to unveil the award recipients for the 4th Edition of the OGTAN Human Capital Development (HCD) Awards, scheduled to hold on Friday, September 12,!-->!-->!-->…
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Nigeria expects fresh inflows due to anticipated Fed rate cuts
…But MPC remains cautious
Nigeria could attract a wave of foreign portfolio inflows into its fixed-income market if the US Federal Reserve follows through on its latest signal to cut interest rates, analysts said, even as the!-->!-->!-->!-->!-->…
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NMDPRA honours 3 Adamawa petroleum marketers for compliance
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has honoured three petroleum marketers in Adamawa for consistently complying with regulations on accurate fuel dispensing.
The awards were presented by!-->!-->!-->!-->!-->…
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Chairman of All On Urges Bold Investments to Bridge Energy Gap
Ronald Adams, Board Chairman of All On and Managing Director of Shell Nigeria Exploration and Production Company Ltd (SNEPCo) delivering a speech at the Lagos State Chamber of Commerce and Industry (LCCI), 2025 International Business!-->…
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Nigeria First Policy: NCDMB disburses $350m to 100 indigenous firms
The Nigerian Content Development and Monitoring Board, NCDMB, has deployed $350 million to 100 indigenous companies to boost local content in the country.
This comes as the NCDMB disclosed that the number of indigenous oil companies!-->!-->!-->!-->!-->…
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NNPC is under attack, Ojulari tells PENGASSAN
Bashir Bayo Ojulari, Group CEO of NNPC, has revealed that the Company is under attack from people who don’t mean well for Nigeria and who are against the ongoing transformation efforts in the Company. He said that because change always!-->!-->!-->…
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