Lagos Turns to EPAIL for Security Equipment Supply Deal The Lagos State Security Trust Fund (LSSTF) has strengthened efforts to enhance Nigeria’s domestic security manufacturing capacity through a strategic engagement with Equipment and Protective Applications International Limited (EPAIL Nigeria). The Executive Secretary/Chief Executive Officer of LSSTF, Ayo Ogunsan, disclosed this during a working visit to…
Oando Plans to Raise $750 Million for Drilling to Boost Output By 300% The oil and gas company is hoping to tap the improved investor appetite for West African producers amid turmoil linked to the Iran war, its Chief Executive Officer, Wale Tinubu told Reuters. Oando is among a handful of local companies that have…
Renaissance MD, Attah at Nigerian Content Lecture, Predicts Merger of Operators, Outlines Funding Instruments for Projects Managing Director of Renaissance Africa Energy Company Limited, Engr. Tony Attah has predicted that many indigenous oil and gas operators in Nigeria will within the next decade consolidate strategically and form consortiums to take advantage of emerging opportunities. He…
NCSP DG Participates in Inaugural World Data Organization Assembly in Beijing The Director-General of the Nigeria-China Strategic Partnership (NCSP), Joseph Tegbe, joined other international delegates at the inaugural assembly of the World Data Organization (WDO), held recently in Beijing. The high-level gathering convened over 500 participants, including senior government officials, multilateral institutions, and digital technology…
NNPC’s CFO Champions Data-Driven Decisions for Investments NNPC Limited’s Chief Financial Officer (CFO), Adedapo Segun, yesterday headlined a panel session at the Society of Petroleum Engineers (SPE) 2026 Oloibiri Lecture and Energy Forum (OLEF) held in Abuja, Nigeria, themed “Capital Allocation beyond Brownfield vs. Greenfield: Data-driven investment decisions.” In his remarks, Segun, who was represented…
Energia’s Calls for Stronger Policy Execution and Technology Enablement at SPE OLEF 2026 Energia Limited’s Chief Operating Officer, Oladimeji Bashorun, has called for enhanced policy execution, improved regulatory efficiency, and stronger industry collaboration to unlock the full potential of Nigeria’s oil and gas sector. Speaking at the Society of Petroleum Engineers (SPE) Oloibiri Lecture Series…
NEPL/ Seplat JV Commissions more STEAM Laboratories in Edo Schools, Advocates Sustainability The NNPC Exploration and Production Limited (NEPL)/Seplat Energy Joint Venture has commissioned two Science, Technology, Engineering, Arts and Mathematics (STEAM) laboratories built at the Ogbe and Uselu Secondary Schools in Oredo and Ikpoba Okha Local Government Areas of Edo State The laboratories which…
Dangote Refinery Affirms PMS Price Stability, Says ‘No Increase’ Dangote Petroleum Refinery & Petrochemicals has stated that the price of Premium Motor Spirit (PMS) remains unchanged, amid concerns over potential volatility in the downstream market. A source at the company confirmed that its pricing structure remains intact, with the gantry price at N1,200 per litre…
Pipeline Security: We’ve Seen Production Growth – NNPC The Nigerian National Petroleum Company Limited (NNPC) has confirmed that national crude oil production has grown from a historic low of 960,000 barrels per day in 2022 to an average of 1.71 million barrels per day and a peak production of 1.84 million barrels per day in…
Standard Chartered Emerges as West Africa’s Top M&A Financial Adviser by Deal Value Standard Chartered has been ranked as the number one Mergers & Acquisitions (M&A) Financial Adviser by deal value in West Africa. The rankings were unveiled at the prestigious DealMakers Africa Annual Gala Awards in Lagos recently. Standard Chartered secured the top position…