PIA Boosts Investor Confidence in Nigeria Oil Sector

The Petroleum Industry Act is lowering investor risk perception and unlocking new capital flows into African…

TotalEnergies Wins NIES Offshore Project Award

TotalEnergies has reaffirmed its long-term investment commitment to Nigeria’s downstream sector as the market transitions to…

Lokpobiri, Ekpo Urges Shift to Local Content at NIES 2026

At NIES 2026, Senator Heineken Lokpobiri emphasised that strengthening local content is essential for driving Africa’s…

Lokpobiri Targets Defaulters of NCI Fund

The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has announced that 59 indigenous…

Nigeria Needs $700bn Yearly to Prevent Energy Crisis — Lokpobiri

Nigeria’s Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has warned that Nigeria and…

Africa’s Fuel Demand: Golden Opportunity for Nigeria

Africa’s Growing Energy Market Africa’s fuel demand presents a significant opportunity for Nigeria to strengthen its…

Tinubu Backs Dangote Refinery Expansion to 1.4m bpd

President Bola Tinubu has renewed his administration’s pledge to support the Dangote Refinery’s plan to expand…

Nigeria’s Oil Output Rises to 1.8m Barrels Daily

Nigeria’s crude oil production rises significantly, climbing from one million barrels per day to 1.8 million…

FG Pledges to Sustain Energy Investment Incentives

The Federal Government (FG) has pledged to maintain policies and incentives that will keep Nigeria attractive…

Afreximbank Commits $19bn to African Energy Bank

The African Export-Import Bank (Afreximbank) will invest $19 billion in the newly established African Energy Bank.…