Heirs Energy’s production growth has reshaped Nigeria’s upstream energy landscape over the past five years. From…
Tag: Nigerian energy sector
Oando CEO Lauds Strategic Deals Shaping 2026
Nigeria’s 2026 investment outlook has begun with renewed confidence across the energy and finance sectors. The…
DisCos’ Revenues Rise Despite Blackouts
Nigeria’s electricity distribution revenue increased sharply in the third quarter, despite persistent power outages across the…
Nigeria’s Oil Output Set to Rise in 2026
Nigeria’s oil production is expected to rise in 2026. The increase will come from infrastructure improvements…
Nigeria Tops Africa in Upstream Investment
Nigeria has strengthened its position as a leading destination for oil and gas investment. Furthermore, it…
Midwestern Names First Female CEO
A major leadership transition is underway in the Midwestern region as Midwestern Oil & Gas Company Limited names…
Lokpobiri Targets Defaulters of NCI Fund
The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has announced that 59 indigenous…
Oando Reports 164% Profit Rise
Oando Plc, one of Nigeria’s top indigenous energy firms, reported a 164% profit increase to N210…
Retired Oil Workers Hail NUPRC Reforms Boosting Energy Investments
The Forum of Retired Oil Workers has praised the NUPRC’s energy reforms, calling them a turning…
49% of Nigerian Homes Still Without Power–NDHS
The 2024 Nigeria Demographic and Health Survey (NDHS) has revealed that only 51 per cent of…