Sterling Financial Reports 31% H1 2026 Revenue Growth … Balance Sheet Nears ₦5 Trillion Sterling Financial Holdings Company Plc (“Sterling Financial” or “the Group”) today released its unaudited results for the half-year ended 30 June 2026, posting broad-based growth across key performance indices. The Group’s gross earnings rose 31.5% to ₦279.6 billion over the corresponding…
Seplat Energy’s 2026 6M PAT Soars by 498% to $164m … Declares US 12.0 Cents Dividend Per Share Seplat Energy PLC, foremost Nigerian independent energy company listed on both the Nigerian Exchange and the London Stock Exchange, has announced its unaudited results for the for the six months ended 30 June 2026, declaring US…
Bayelsa Kicks off National LPG Rollout as FG, State Vow to End Firewood Cooking in Niger Delta Bayelsa State made history on Monday as it became the first state to launch the Federal Government’s State-Level LPG Cylinder Distribution Programme, with the Federal Government and state authorities pledging to move millions of Nigerian households away…
Dangote Refinery Critical to Nigeria’s $1 Trillion Economy Vision, Says FG … Hails Refinery as Symbol of Nigeria’s Industrial Renaissance …Dangote Says Manufacturing Is the Fastest Route to Jobs and Prosperity The Federal Government has described the Dangote Petroleum Refinery and Petrochemicals as a cornerstone of Nigeria’s ambition to build a $1 trillion economy,…
Houthis Claim Attack on Saudi Oil Tanker in Red Sea Yemen’s Houthis late on Tuesday claimed an attack on a Saudi oil tanker in the Red Sea, saying that the vessel had violated the blockade the Iran-aligned group announced last week on Saudi shipments in the Red Sea and Bab el-Mandeb Strait. “The Yemeni…
U.S.-Saudi Consortium Plans $5 Billion Gulf Refinery outside Hormuz A consortium of U.S. and Saudi companies is set to build a new refinery in the Persian Gulf despite the current situation in the region. The facility will have a price tag of $5 billion and a capacity of 200,000 barrels of crude oil…
Eni Increases 2026 Buybacks as Production Growth Accelerates Eni (E: NYSE) is raising its share buyback program for the year after reporting on Wednesday consensus-beating earnings for the second quarter on the back of higher oil and gas prices and a jump in upstream production. The Italian energy major booked an adjusted net profit…
WIEN Academy Positions Women for Opportunities in Energy Sector Africa’s leading gender equity advocate, the Women in Energy Network (WIEN), is working to empower female entrepreneurs and professionals to seize opportunities that accompany prevailing reforms in the energy sector. The group declared Monday that its WIEN Academy continues to deliver world-class learning interventions that…
Indigenous Oil & Gas Players to Convene at 6th Edition of Nigeria Oil & Gas Outlook in Lagos Closing production gap, local content, $60 Billion Gas ambition to headline conversations at 6th Nigeria Oil & Gas Outlook Eventhive, Africa’s leading B2B event servicing company with a strong portfolio across key sectors and six major cities,…
The Nigerian Content Trainers’ Registration Certificate Goes Live Monday. The Nigerian Content Development and Monitoring Board (NCDMB) will on Monday, July 27, 2026, officially launch the Nigerian Content Trainers’ Registration Certificate (NCTRC), marking a significant milestone in the Board’s efforts to strengthen quality assurance and standardisation in human capacity development across Nigeria’s oil and gas…