Nigeria’s Revenue Hits ₦20.59 Trillion in Eight Months, Non-Oil Sources Dominate Abuja, Nigeria — Nigeria has posted its strongest fiscal performance in decades, generating ₦20.59 trillion in revenue between January and August 2025 — a 40.5 percent surge compared to ₦14.6 trillion recorded during the same period in 2024. According to figures released by the…
Shell Highlights $200 Billion Market in Nigeria’s Energy Deficit Lagos, Nigeria — Global energy giant Shell has reframed Nigeria’s persistent electricity deficit as a massive economic opportunity, estimating a $200 billion market potential in the country’s off-grid and renewable energy space. Speaking at the 2025 International Business Conference & Expo organised by the Lagos Chamber…
Equatorial Guinea President to Join Global Energy Leaders at AEInvest 2025 in New York The President of Equatorial Guinea, H.E. Teodoro Obiang Nguema Mbasogo, has confirmed his attendance at the Africa Energy Investment Summit (AEInvest 2025), taking place in New York on September 25, 2025. He joins a growing list of African Presidents, global energy…
CORAN Summit 2025 Set to Shape Africa’s Refining Agenda for Energy Security The Crude Oil Refiners Association of Nigeria (CORAN) has announced the CORAN Summit 2025, scheduled for October 6–7, 2025, at Eko Hotels & Suites, Victoria Island, Lagos. With the theme “Refining – Key to Energy Security in Africa,” the two-day event will bring…
Dangote Refinery Broadens Feedstock Mix with First Ghanaian Crude Shipment Lagos, Nigeria — The Dangote Refinery has imported crude oil from Ghana for the first time, marking a milestone in its evolving feedstock strategy as it works to stabilise operations and reach full capacity. The $20 billion facility, the largest single-train refinery in the world,…
Methanol from Gas Could Power Nigeria’s Next Economic Leap, Says Minister Calabar, Nigeria — Nigeria’s vast natural gas reserves could transform the nation into a methanol powerhouse, spurring industrialisation and job creation, according to the Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo. Speaking at the Niger Delta Oil and Gas Investment and Security…
Nigeria Signs Landmark Deepwater Oil Deal with TotalEnergies, Sapetro to Unlock Offshore Potential Abuja, Nigeria — The Federal Government of Nigeria has signed a landmark Production Sharing Contract (PSC) with TotalEnergies and South Atlantic Petroleum (Sapetro), a deal expected to significantly boost deepwater oil production and unlock fresh investment in the nation’s upstream sector. The…
The organisers of the West Africa Industrialisation, Manufacturing & Trade (West Africa IMT) Summit & Exhibition 2025, dmg Nigeria Events, have unveiled the agenda for the Summit at a press conference in Lagos. The briefing convened media representatives, government officials, industry associations, and sponsors, setting the stage for one of the region’s most anticipated industrial…
Maritime Sector Gets Lift as 39 Youths Begin Chevron–Intels Human Capacity Development Programme Nigeria’s drive to strengthen local participation in the maritime and oil and gas industries received a major boost on Friday as 39 young graduates commenced preliminary stages of cadetship training under the Nigerian Content–Human Capacity Development (NC-HCD) programme, a joint initiative of…
Ex-Minister Kachikwu to Speak at NCDMB’s Business Mentorship Lecture Series The Nigerian Content Development and Monitoring Board (NCDMB) is delighted to announce that Dr. Emmanuel Ibe Kachikwu, former Minister of State for Petroleum Resources, and former chairman of NCDMB’s Governing Council, will serve as the Role Model and Guest Speaker at the NCDMB Business Mentorship…
