Industry

By William Emmanuel Ukpoju For decades, Nigeria’s state-owned refineries have stood as monuments to waste, policy inconsistency, and broken promises. Built with the ambition of making Africa’s largest crude producer self-sufficient…
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By Ese Ufoma The planned Nigeria-Morocco Gas Pipeline is increasingly emerging as one of Africa’s most strategic energy projects, particularly at a time when global energy security concerns are reshaping international alliances and…
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By Silverline Ifeanyi Onyeabor Nigeria’s “Decade of Gas” was conceived as the grand bridge between an oil-dependent past and a more industrialised, energy-secure future. When the Federal Government launched the initiative in 2021,…
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By William Emmanuel Ukpoju Nigeria entered 2026 with what many believed would mark the beginning of a new energy era. For the first time in decades, Africa’s largest crude oil producer had become a net exporter of petrol, largely…
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By Silverline Ifeanyi Onyeabor American energy major Chevron Corporation has reaffirmed its long-term commitment to Africa’s energy sector by returning as a Diamond Sponsor for the African Energy Week 2026. The renewed…
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*Why is cooking gas suddenly ₦2,000/kg? A massive spike in household demand for holiday cooking (Eid/Ileya) has temporarily outpaced available local gas supplies. Heavy-duty truck drivers have significantly hiked transport…
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Nigeria and the World Bank have agreed to scrap $717.7 million in unused loan money. The funds were earmarked for the Power Sector Recovery Performance-Based Operation, a five-year initiative designed… Nigeria and the World Bank…
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The Nigerian National Petroleum Company Limited has told the Federal High Court sitting in Lagos that petroleum products from the Dangote Petroleum Refinery and Petrochemicals FZE are sold at “significantly high and fluctuating market…
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‘FG accounts for 92.14% of total debt stock, states, 7.86%’ Nigeria’s total public debt has risen sharply by N71.9trn within the first two and a half years of President Bola Tinubu’s administration, raising fresh concerns among…
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The United States has disbursed a total of $187,352,312 in foreign assistance to Nigeria in 2026, according to updated data published on the US Department of State website on May 20, 2026, under the ‘US Foreign Assistance’ report. …
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