Africa Energy Bank on Hold as Nigeria Delays Take-Off
The Africa Energy Bank (AEB), a pivotal $5 billion institution designed to finance oil and gas projects across the continent, has faced a significant setback due to Nigeria's failure to provide the necessary infrastructure for its!-->!-->!-->…
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“Technical Excellence and Inclusivity will Define Nigeria’s Energy Future” ― Engineer Amina…
In this enlightening conversation, we have the honour of speaking with Engineer Amina Danmadami, the trailblazing first female Council Chair of the Society of Petroleum Engineers (SPE) Nigeria. As a seasoned professional with extensive!-->!-->!-->…
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Fuel Tanker Explosions in Nigeria – A Preventable Tragedy
By William Emmanuel UkpojuFuel tanker explosions in Nigeria have become a tragic and recurring disaster, wreaking havoc on communities, destroying lives, and exposing deep flaws in the country’s transportation and safety systems. Each!-->!-->!-->…
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Africa’s Gas Potential: A Strategic Solution to The Global Supply Gap
By Ese UfuomaAs the global energy landscape undergoes a significant transformation, Africa’s vast natural gas reserves are becoming increasingly crucial in meeting rising global liquefied natural gas (LNG) demand. With expanded!-->!-->!-->…
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BREAKING: Dangote Refinery crashes ex-depot petrol price to N890
Dangote Petroleum Refinery has announced a reduction in the ex-depot price of Premium Motor Spirit (PMS), commonly known as petrol, from N950 to N890, effective from Saturday.
This price adjustment is said to be in response to!-->!-->!-->!-->!-->…
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Nigeria Seeks $1.1 Billion to Power Rural Communities with Mini-Grids
While the nation grapples with frequent power outages, a glimmer of hope emerges from the rural landscape. The Federal Government is actively pursuing a bold initiative: securing $1.1 billion in funding to construct a network of!-->!-->!-->…
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Amid poor services: Nigerians to be hit by another electricity tariff hike
*After jumbo band A increase
Nigeria’s power prices need to rise by about two thirds for many customers to reflect the cost of supplying it and an increase can be expected within months, President Bola Tinubu’s special adviser on!-->!-->!-->!-->!-->…
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Conoil Reports 60.5% Revenue Surge in 2024, Profit Jumps to ₦11.39 Billion
Conoil Plc, a leading downstream oil and gas company, has reported a 60.5% surge in revenue for the financial year ended December 31, 2024.
The company’s latest unaudited financial statements obtained by Investor King showed Revenue!-->!-->!-->!-->!-->…
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JUST IN: Nigeria’s stock market kicks off 2025 with N1.95 trillion gain
Despite global and domestic uncertainties, the Nigerian equities market started 2025 on a positive note, recording a N1.95 trillion gain as investors traded with caution.
The market capitalisation, which opened the year at N62.763!-->!-->!-->!-->!-->…
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Power outage: Coalition demands public hearing on sector’s performance
Electricity Unions and Civil Society Demand Senate Hearing on Power Sector’s Performance Since 2013
A coalition of electricity unions and civil society organizations has called on the Nigerian Senate to urgently convene a public!-->!-->!-->!-->!-->…
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