BGT Awards Contracts for Three Newbuild LNG Vessels Bonny Gas Transport Limited (BGT), a subsidiary of Nigeria LNG Limited (NLNG), has awarded contracts for the construction of three (3) newbuild LNG vessels to Hudong-Zhongua Shipbuilding (Group) Co. Limited and China Shipbuilding Trading Co. Limited. The vessels are part of BGT’s fleet renewal and replacement…
Dangote Named Africa’s Most Admired Brand for 8th Consecutive Year …Reinforces dominance in industrial, social impact and development rankings Dangote Industries Limited has reinforced its position as Africa’s most influential corporate brands after emerging as the continent’s Most Admired African Brand for the eight consecutive years, while its Group Chief Branding and Communications Officer,…
NNPC LTD Records N481bn Profit in April The Nigerian National Petroleum Company Limited (NNPC Ltd.), says it has recorded N481 billion Profit After Tax (PAT) for April 2026. The development represented a sharp jump from the N276 billion posted in March, the company said in the April Monthly Report Summary, released on its X…
The Post-Oil Future will not be Built Without Oil Revenue -By Sola Adebawo For much of the last decade, discussions about Nigeria’s economic future have been trapped between two opposing extremes. On one side are those who speak as though the global energy transition means oil no longer matters. In this view, Nigeria should simply…
Work Resumes at NUPRC as Unions Call Off One-Day Strike Work has fully resumed at the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) following the suspension of a one-day industrial action embarked upon by workers’ unions. The strike, which lasted about 12 hours, was called off late on Sunday night, June 1, 2026, after successful negotiations…
The Verheijen Reform Blueprint: How Nigeria Stopped the Bleeding and Rewrote the Playbook for Global Energy Capital -By Kunle Odusola-Stevenson For nearly a decade, the consensus among energy financiers regarding Nigeria was as uniform as it was grim. Despite holding Africa’s largest proven gas reserves and its most formidable oil basins, the nation had…
PIA Era under PBAT: What Ought to Be and What Is in Nigeria’s Oil and Gas Sector -By Wumi Iledare, Professor Emeritus of Petroleum Economics, FNAEE Today, I wish to offer a measured reflection on the state of Nigeria’s oil and gas sector in the era of the Petroleum Industry Act (PIA) under the…
Ikeja Electric Ignites Safety Consciousness Across Lagos Schools on Children’s Day Ikeja Electric Plc (IE), Nigeria’s leading electricity distribution company, celebrated this year’s Children’s Day by executing an impactful educational outreach across selected public primary schools within its franchise network. The initiative saw the company visit C. M, S. Primary School and Howells Nursery…
Dangote Refinery Cuts Petrol, Diesel Prices Again The Dangote Petroleum Refinery & Petrochemicals has announced a fresh reduction in the ex-depot prices of Premium Motor Spirit (PMS) and Automotive Gas Oil (AGO), reinforcing its commitment to making refined petroleum products more affordable and supporting economic activities across Nigeria. Under the latest price adjustment, the refinery…
Renaissance CEO Calls for Youth Support to Drive Africa Energy Future Renaissance’s Managing Director and Chief Executive Officer, Tony Attah, has called on young professionals to take a leading role in driving innovation, sustainability, and long-term energy security across the continent. Attah spoke in Ghana at the Africa Young Professionals Workshop (AYPW) 2026, hosted by…