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Industry
Young SPE Engineers Champion Digital Tools in Well Drilling
By Patient Chat Moses
The future of energy is being shaped not only in the depths of the earth but also through rapid advancements in digital technology. In Nigeria's dynamic energy sector, a new generation of engineers is!-->!-->!-->!-->!-->…
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National Asset or Liability: Why Nigeria’s $18bn Refineries Must be Sold
By Gideon Osaka
Nigeria’s refineries were once critical to national fuel sufficiency and proud symbols of national industrial capability. But today, those very refineries may belong more to history than to future hope.
In July!-->!-->!-->!-->!-->!-->!-->…
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Early exit package not targeted at Northerners – CBN
CBN
The Central Bank of Nigeria has reiterated that its Early Exit Package (EEP) implemented in 2024 was entirely voluntary and not to target or dis-stabilise Northerners working in the apex bank.
The bank’s Deputy Governor on!-->!-->!-->!-->!-->…
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Under-Performing DisCos To Lose Ownership Stake
The Electricity Act (Amendment) Bill 2025 currently before the National Assembly, and which has been challenged by both the Labour Unions and States Electricity Regulatory Authorities, is targeting with withdraw Private ownership!-->!-->!-->…
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Don’t Trigger Social Unrest in Quest to Raise Revenue – IMF Advises Nigeria, Others
The International Monetary Fund (IMF) has warned Nigeria and other Sub-Saharan Africa (SSA) countries not to prioritise higher earnings over the poor living condition of their citizens so as not to trigger social unrest.
This!-->!-->!-->!-->!-->…
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IMF retains Nigeria’s GDP growth at 3.4 % after rebasing
The International Monetary Fund (IMF) has retained its position on its projection of a 3.4 percent expansion in the country’s real GDP for 2025 despite the change in methodology by the country’s bureau of statistics.
It noted this!-->!-->!-->!-->!-->…
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Nigeria’s Power Sector Faces Collapse Amid N4trn Debt Crisis
Nigeria’s Minister of Power, Adebayo Adelabu, has raised the alarm over a crippling N4 trillion debt crisis threatening the survival of the country’s power sector, casting a shadow over investor confidence.
Speaking during a!-->!-->!-->!-->!-->…
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Dangote cuts cooking gas price, shows cheapest, highest costs
A few days after threatening to slash the price of liquefied natural gas (LPG) in Nigeria, Aliko Dangote seems to have made good on his promise.
A prior report by Legit.ng disclosed that the billionaire announced plans to cut!-->!-->!-->!-->!-->…
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Nigeria suffers $15bn annual losses due to broadband access gap – FibreOne
FibreOne, a leading broadband provider in Nigeria, has revealed that the country’s significant broadband access deficit results in an estimated annual economic loss of $15 billion.
This statement was made by FibreOne’s Chief!-->!-->!-->!-->!-->…
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2 NCDMB Leaders Bag Doctorate Degrees at UNIPORT Convocation
Two senior officials of the Nigerian Content Development and Monitoring Board (NCDMB), Dr. Abdulmalik Halilu, Director, Corporate Services, and Dr. Obinna Ezeobi, General Manager, Corporate Communications, on Saturday bagged Doctorate!-->!-->!-->…
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