Nigeria’s $2bn Renewable Energy Investment Yields Only 76,000 Jobs, REA Flags Local Capacity Gap. Dr. Abba Aliyu, Managing Director of the Rural Electrification Agency (REA), has disclosed that Nigeria’s renewable energy workforce participation remains significantly low, with the sector generating only about 70,000 jobs despite attracting over $2 billion in cumulative investment, compared to the…
Sterling Oil Donates CNG-Powered Buses to Nigeria Police Force, Reinforcing Its Commitment to Cleaner Operations Sterling Oil Exploration and Energy Production Company Limited (SEEPCO) today donated two Compressed Natural Gas (CNG) buses to the Nigeria Police Force, in a handover ceremony held at the Force Headquarters in Abuja. The buses were unveiled by the Inspector-General…
Heritage Energy Equips 32 Young Nigerians with Industry-Ready Skills Heritage Energy Operational Services Limited (HEOSL), operator of OML 30 on behalf of the Joint Venture between NNPC E&P Limited (NEPL) and Shoreline Natural Resources Limited (SNRL), has equipped 32 young Nigerians with industry-ready technical skills through a series of Human Capacity Development initiatives completed…
Petroleum Minister Commends NCDMB for Community-focused Interventions The Minister of State for Petroleum Resources (Gas), Rt. Hon. Obongemem Ekperikpe Ekpo, on Saturday commended the Nigerian Content Development and Monitoring Board (NCDMB) for demonstrating that Local Content Policy could be a force for transforming lives and creating socio-economic value through community-focused interventions. Speaking at the commissioning…
Driving Nigeria’s Industrial Future Through Engineering and Local Manufacturing. Nigeria’s industrial transformation took center stage recently at both the Nigeria Oil & Gas (NOG) Energy Week 2026 and the 34th COREN Assembly – two platforms united by a common objective: building a stronger, more resilient economy through engineering excellence, local capacity and strategic collaboration. Representing…
NCDMB Commends Brentex on $50m Steel Pipe Facility, Assures of Industry Patronage The Nigerian Content Development and Monitoring Board (NCDMB) has lauded Brentex Petroleum Services Limited on the significant progress recorded on its Steel Pipe Induction Bending and Coating Facility at the Federal Ocean Terminal (FOT), Onne Port, Rivers State, describing it as a…
From Asset Acquisition to Asset Performance: The Structure Behind Nigeria’s Next Energy Value By Dr Blessing Enakimio, Management Consultant | CEO, Blé Global Nigeria’s divestment era has changed the real test for indigenous operators. The market has shown that assets can be acquired. Consortia can be assembled. Capital can be raised. Regulatory hurdles can be…
Ex-Minister calls for Regulatory Certainty, Clean Energy Financing to Unlocking Nigeria’s Energy Investments Former Minister of Information and Culture, Alhaji Lai Mohammed, has said that regulatory certainty, transparent policy frameworks, and competitive fiscal incentives are critical to attracting the scale of investment needed to transform Nigeria’s energy sector. Speaking in a strategic industry context,…
Dangote Refinery Completes Landmark $2.5billion Private Equity Placement Dangote Petroleum Refinery and Petrochemicals FZE (DPRP) has successfully completed a landmark Private Equity Placement that raised approximately US$2.5 billion in new equity, following a highly successful offering. The transaction, which is believed to be Africa’s largest publicly disclosed primary equity private placement, marks a significant…
11 on the run for $100,000 as The Nigeria Prize for Literature Unveils 2026 Poetry Longlist Eleven outstanding poetry collections have emerged on the longlist of The Nigeria Prize for Literature, selected from 223 received for the competition. The announcement, by the chairman of the Advisory Board for the Prize, Prof Akachi Adimora-Ezeigbo marks…