Industry

In a major legal victory that could set a new precedent for loan recoveries, First Bank of Nigeria Limited has won its appeal at the Court of Appeal against General Hydrocarbons Limited (GHL), a company owned by media mogul Nduka…
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This is as it announced Monday, September 15, 2025, as the new date to begin the direct petrol distribution initiative. The initiative, which Dangote Group had earlier announced would kick off on August 15, 2025, would see the $20…
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A public affairs analyst and convener of the Coalition of Civil Society for Energy Reform, Awaal Dairu, has revealed that the Group Chief Executive Officer of Nigerian National Petroleum Company Limited, Bayo Ojulari, is under fire…
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This brings into effect the sweeping fiscal changes signed by President Bola Tinubu in June. The publication of the reforms was confirmed on Wednesday in a statement issued by Kamorudeen Yusuf, Personal Assistant on Special Duties…
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Data from the Independent System Operator (ISO) revealed that power generation dropped from 2,917.83 megawatts (MW) to just 1.5MW between 11 a.m. and 12 p.m, confirming a national grid collapse. In a statement to its customers, the…
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Prof. Wumi Iledare By Saidu Abubakar When Dr. Ibe Kachikwu, former Minister of State for Petroleum Resources, spoke recently at the NCDMB Business Mentorship Series, his central message was simple but sobering: political interference…
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...Timeline for oil blocks dev L-R: Prof. Emmanuel Ibe Kachikwu, Former Minister of State for Petroleum Resources, Dr. Obinna Ezeobi, General Manager, Corporate Communications, NCDMB, Richmond Osuji, CEO, Lips Service, Chika Udora,…
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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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