Dangote Packaging Targets Regional Markets After Major Production Boost Dangote Packaging Limited (DPL) is setting its sights on new African markets as it ramps up production capacity following the installation of state-of-the-art machinery at its manufacturing plants. At a recent strategic board meeting, the Chairman of DPL’s Board, Mr. Robert Ade-Odiachi, announced that the company…
Crude Oil Prices Waver as Trade Hopes Rise and Supply Worries Linger Crude oil prices fluctuated but managed a modest rebound, buoyed by renewed optimism over upcoming trade negotiations between the U.S. and China. Market sentiment received a boost after news broke that U.S. Treasury Secretary Scott Bessent is set to meet with China’s top…
Seplat Energy Champions Nigeria’s Gas-Powered Future with Bold Investments and Indigenous Leadership Seplat Energy PLC, a leading Nigerian independent energy company listed on the Nigerian Exchange and the London Stock Exchange, has reaffirmed its commitment to driving Nigeria’s indigenous gas revolution. The company says its vision is anchored on providing energy access for all, powered…
Africa is stepping into a new era — one defined not by scarcity, but by opportunity. As the world undergoes a profound transformation in how energy is produced, consumed, and financed, Africa is positioning itself at the center of a global energy realignment. Armed with vast reserves of natural resources, a young and dynamic population,…
FG Moves to Ban ₦200bn Solar Panel Imports, Champions Local Production New push for homegrown renewable energy manufacturing as government partners with Lagos State and private investors. The Federal Government has announced a renewed drive to halt the importation of solar panels — a practice that has cost Nigeria over ₦200 billion — in favor…
Crude Supply Clash Between NNPC and Dangote Refinery Impacts OPEC Oil Output A growing standoff between Nigeria’s state oil giant, NNPC Limited, and Dangote Refinery is making waves well beyond Nigeria’s borders—now impacting the overall crude oil production figures of OPEC for March 2025. According to a Reuters survey, OPEC’s output dipped by 110,000 barrels…
FG Reaffirms Commitment to Crude and Refined Product Sales in Naira Policy The Federal Government of Nigeria has once again reaffirmed its commitment to the Crude and Refined Product Sales in Naira initiative, a strategic policy designed to strengthen local refining capacity, improve energy security, and reduce dependence on foreign exchange for petroleum transactions. This…
NNPC Ltd Unveils New 8-Man Senior Management Team The Nigerian National Petroleum Company Limited (NNPC Ltd) has announced the appointment of a new 8-man Senior Management Team, following the recent confirmation of Mr. Bashir Bayo Ojulari as the Group Chief Executive Officer (GCEO) and the inauguration of the company’s Board of Directors. The newly constituted…
Bayo Ojulari Takes Over as New Group CEO of NNPC Ltd, Vows to Build on Kyari’s Legacy The Nigerian National Petroleum Company Limited (NNPC Ltd) has officially ushered in a new era of leadership as Mr. Bayo Ojulari assumed duties as the new Group Chief Executive Officer (GCEO), taking over from his predecessor, Mr. Mele…
Tinubu Reshuffles NNPC Board, Appoints New Leadership In a significant shake-up of Nigeria’s oil sector, President Bola Ahmed Tinubu has reconstituted the board of the Nigerian National Petroleum Company (NNPC) Limited, appointing new leadership and replacing key officials. This restructuring sees Engr. Bashir Bayo Ojulari stepping in as the new Group Chief Executive Officer (GCEO),…
