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Industry
NCDMB Pledges Enduring Support for APPO, Africa Energy Bank
By Saidu Abubakar
The Nigerian Content Development and Monitoring Board (NCDMB) has reaffirmed its strong support to the African Petroleum Producers Organisation (APPO) and its newly established financial institution – the Africa!-->!-->!-->!-->!-->…
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Electricity Meter, Installation Are Free, Federal Gov’t Insists
The Federal Government has reaffirmed that electricity meters being deployed under the Distribution Sector Recovery Programme (DISREP) are free for customers, warning Nigerians not to pay any money for meter supply or installation.
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Awodi-07 Discovery: Nigeria’s Offshore Potential Shines Again
By William Emmanuel Ukpoju
In a significant milestone for Nigeria’s upstream oil sector, Chevron and the Nigerian National Petroleum Company Limited (NNPC Ltd) have announced a major hydrocarbon discovery offshore the Niger Delta.!-->!-->!-->!-->!-->…
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Subsidy Cut, Borrowing Continues: The Paradox of Nigeria’s Finances
By William Emmanuel Ukpoju
Nigeria, Africa’s largest oil producer, has long struggled with the paradox of wealth and want. Every year, billions of dollars in oil revenue flow into the federal treasury, yet ordinary Nigerians see!-->!-->!-->!-->!-->…
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$20bn or Bust: Tinubu Puts His Reform Credibility on the Line with Shell
By Danlami Nasir Isah
With a May 2027 deadline and bespoke fiscal incentives in place, Shell’s long-delayed Bonga South West Aparo project has become a referendum on policy stability, investor confidence and Nigeria’s ability to!-->!-->!-->!-->!-->…
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How Gas-to-Energy Projects Could Transform Nigeria’s Electricity Sector in 2026
By Ese Ufuoma
For a country that sits on one of the largest natural gas reserves in the world, Nigeria’s darkness has always felt like a cruel irony. Streetlights flicker off before midnight, factories hum briefly before generators!-->!-->!-->!-->!-->…
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Venezuela Crisis Shakes Global Oil Market
By Ese Ufuoma
In energy markets, relevance is not measured only by barrels produced but by the uncertainty introduced. Venezuela, once a major global oil supplier, now produces less than a million barrels per day, yet its crisis!-->!-->!-->!-->!-->…
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Evaluating Nigeria’s N60.97 Trillion Oil Revenue Projection
By Ese Ufuoma
Nigeria’s 2026 fiscal ambitions are anchored to a number that is as bold as it is consequential: N60.97 trillion in projected oil revenue. It is a figure that towers above previous evaluations, now sits at the heart!-->!-->!-->!-->!-->…
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NIES 2026: Unleashing Africa’s Energy Revolution – Where Bold Vision Meets Bankable Reality
By Silverline Ifeanyi Onyeabor
Abuja is gearing up to host the most decisive energy gathering on the continent when the Nigeria International Energy Summit (NIES) 2026 returns from 2–5 February 2026. Under the powerful theme!-->!-->!-->!-->!-->!-->!-->…
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Venezuela’s Crisis Poses Risks to Nigeria’s N58 Trillion 2026 Budget, Enang Warns
Advocates fiscal prudence, disciplined spending and accelerated non-oil revenue growth
Dr. Wisdom Enangis a senior analyst and policy consultant operating at the intersection of energy, fiscal policy, and economic strategy. He is a!-->!-->!-->!-->!-->…
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