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CATEGORY

Energy

Global EITI Assessors Laud Nigeria’s Improved Systematic Disclosures

The global Extractive Industries Transparency Initiative (EITI) validation assessors have lauded Nigeria for its improved systematic disclosures. The assessors gave the commendation at a debriefing...

NLNG, NCDMB Unveils Research Centre To Boost Nigeria’s Engineering Capacity

The Nigeria LNG Limited (NLNG) and the Nigeria Content Development and Monitoring Board (NCDMB) on Thursday unveiled plans to construct a state-of-the-art indigenous research...

EFCC Recovers Over ₦115bn NDDC Debt, Clears 19 Oil Companies

The Economic and Financial Crimes Commission (EFCC) has recovered more than ₦115 billion in statutory levies owed to the Niger Delta Development Commission (NDDC)...

Nigeria Will Expand Refining Capacity To Serve African Market – FG

The Minister of State for Petroleum Resources (Oil), Sen. Heineken Lokpobiri, says Nigeria will expand its refining capacity and petroleum infrastructure to position the...

Nigeria Unveils Sweeping Tax Credits to Unlock $50 Billion Deepwater Oil and Gas Investments

...Sets 2029 Deadline to Fast-Track Stalled Deepwater FIDs President Bola Ahmed Tinubu has signed an executive order granting aggressive tax credits to revive Nigeria’s offshore...

Dangote Refinery Drives 97% Fulfillment of Nigeria’s Domestic Crude Obligation in Q2

Nigeria’s domestic crude oil supply framework experienced a structural turnaround in the second quarter of 2026, as local refineries received 53.7 million barrels of...

Nigeria Lines Up $50 Billion Deepwater Push Across 22 Projects by 2030

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) expects 22 major offshore projects to move forward between 2026 and 2030, unlocking an estimated $30 billion...

Dangote Outpaces US Again, Emerges Europe’s Biggest Jet Fuel Supplier

Dangote Petroleum Refinery & Petrochemicals has cemented its position as a rising global energy powerhouse after becoming Europe’s largest supplier of jet fuel for...

GenCos Say They’re Owed ₦7.66 Trillion. The NBET Bond Programme Caps Out at ₦4 Trillion

Nigeria's Debt Management Office and the Federal Ministry of Finance are back in the market this week with the second instalment of the country's...

Dangote Refinery Targets October For Landmark $5 Billion IPO to Boost Capacity

Dangote Petroleum Refinery & Petrochemicals FZE has submitted an initial application to the Nigerian Securities and Exchange Commission (SEC) to execute a $5 billion...

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