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Industry
FG launches $100,000 Creative Economy Dev Fund for Nigerians – How to Apply
Nigerian creatives set to benefit from $100,000 CEDF 2025 funding
The Federal Government of Nigeria has officially opened applications for the Creative Economy Development Fund (CEDF) 2025, a landmark initiative providing up to $100,000!-->!-->!-->…
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Refiners Importing 70% Fuels Despite 5mbpd Crude Output
...Expose Africa to Disruption Risks
.Say Nigeria with refining capacity of 1.1m bpd still imports tons of products
.Want sector derisked, $4 trillion domestic capital unlocked
.Advocate regional stockholding frameworks on!-->!-->!-->!-->!-->!-->!-->!-->!-->…
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Dangote Refinery takes delivery of CNG-powered distribution trucks
Dangote Petroleum Refinery & Petrochemicals has announced the commencement of the receipt of 4,000 Compressed Natural Gas (CNG) powered trucks, which it stated earlier as an integral part of its fuel distribution logistics!-->!-->!-->…
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Despite higher FAAC allocations, Lagos, Rivers, others owe N2.48trn
Debt underscores persistent fiscal pressures facing state govts
Lagos, Rivers, and Delta States have emerged as the top three most indebted states in Nigeria as of the first quarter of 2025, according to fresh debt figures!-->!-->!-->!-->!-->!-->!-->…
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Shell hosts African young professionals …supports growth of future energy leaders
Shell Nigeria Exploration and Production Company Ltd (SNEPCo) on August 5 hosted young professionals from Nigeria and other African countries at its offices in Lagos, as it continues to support the growth of future leaders in the!-->!-->!-->…
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Audrey Joe-Ezigbo Is Falcon Corporation’s New CEO
Audrey Joe-Ezigbo
By Danlami Nasiru Isah
Falcon Corporation Limited, an established leader in Nigeria's gas and energy sector, has announced a significant leadership transition. Effective January 1, 2026, Co-Founder and Deputy!-->!-->!-->!-->!-->…
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Dangote Refinery Debunks Shutdown Rumour, Says PMS’s Gantry Price Remains N850
The management of the Dangote Petroleum Refinery has dismissed recent reports suggesting that the multi-billion-dollar facility has been shut down due to operational challenges. In a statement issued on Friday, the refinery’s!-->!-->!-->…
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Is Nigeria’s ₦421bn Cash Transfer Program Tackling Poverty?
Millions of people face difficulties in meeting their basic needs. The National Social Investment Program (NSIP) was created to help those in need, with over ₦421 billion disbursed through various cash transfer programs since its!-->!-->!-->…
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Onitsha Port can generate N10bn yearly – official
The Onitsha River Port Manager, Mr Martins Osazuwa, says the port can generate N10 billion annually if fully operational.
Osazuwa disclosed this in Onitsha while speaking with the News Agency of Nigeria (NAN).
He confirmed a!-->!-->!-->!-->!-->!-->!-->…
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NUPRC Raises Red Flag Over Nigeria’s Energy Future
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has raised an alarm over growing threats to the country’s energy future, citing declining investment, oil theft, and regulatory uncertainties as major challenges.
In a!-->!-->!-->!-->!-->…
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