Penawou Earns Continental Recognition for Community-Driven Philanthropy By Chigozie Ikpo Chief Joseph Penawou has earned continental recognition for his sustained commitment to community-driven philanthropy, following his emergence as the recipient of the African Philanthropist Award at the 2026 African Heritage Awards held on April 11 in Accra, Ghana. The award, presented by AfriHeritage in partnership…
Workers’ Day: Charkin Maritime Celebrates Seafarers, Commits to Safety and Training By Chigozie Ikpo Charkin Maritime and Offshore Safety Centre has paid tribute to seafarers and maritime professionals across the world, describing them as the backbone of global trade and economic stability. In a message marking International Workers’ Day, the organisation, which is based in…
Batoil Services: Powering Offshore Precision as Nigeria Targets 3 Million Barrels Per Day By Tamara Daniel As Nigeria intensifies efforts to scale crude oil production toward 3 million barrels per day, the role of indigenous technical service providers has become increasingly critical. The target, repeatedly emphasized by the Honorable Minister of State for Petroleum Resources…
Nigeria’s Local Manufacturing Push Gains Traction as NMT’s Train 7 Milestone Continues to Resonate By Chigozie Ikpo Nigeria’s drive to deepen industrial capacity in the oil and gas sector is steadily gaining ground, with indigenous manufacturing now moving beyond policy ambition into demonstrable success. One of the most significant reference points remains the delivery of…
Savannah Energy Posts Strong Four-Month Performance with 8% Increase in Nigeria’s Daily Production Ahead of its Annual General Meeting (“AGM”) on 1 June 2026, Savannah Energy PLC, the British independent energy company focused around the delivery of Projects that Matter, has provided a trading update on its Nigerian operations and other markets in Africa for…
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…