Senate Committee Applauds NCDMB, Pledges Strong Legislative Backing for Local Content Development The Nigerian Content Development and Monitoring Board (NCDMB) received a significant boost on Thursday as the Senate Committee on Local Content commended its impressive strides and pledged sustained legislative support for its initiatives. This endorsement came during an oversight visit by the Committee…
Dangote Refinery’s Fuel Distribution Scheme Poised to Cut Inflation and Boost Jobs — Experts Say The Dangote Petroleum Refinery has rolled out an ambitious new fuel distribution scheme that industry analysts say could be a game-changer for Nigeria’s economy. The initiative involves supplying PMS (petrol), diesel, and other petroleum products directly to key sectors —…
APPO to Host Inaugural Energy Investment Roundtable in New York During UNGA 2025 The Africa Petroleum Producers Organization (APPO) is set to host the 1st Annual Energy Investment Roundtable – New York (2025), a high-level event designed to spotlight Africa’s energy potential and attract global investment. The roundtable will take place in New York City…
Over ₦1 Trillion Accrued to TETFund in 5 Years from Education Tax — NEITI …NEITI and TETFund Sign Landmark MoU to Deepen Transparency, Improve Accountability in Education Financing The Nigeria Extractive Industries Transparency Initiative (NEITI) has revealed that the Tertiary Education Trust Fund (TETFund) received a total of ₦1.024 trillion in Education Tax revenues over…
Dangote Refinery to Begin Nationwide Distribution of PMS and Diesel by August 15 …Deploys 4,000 CNG-Powered Tankers to Revolutionise Fuel Logistics Across Nigeria Dangote Petroleum Refinery is set to transform Nigeria’s fuel supply landscape with the nationwide rollout of Premium Motor Spirit (PMS) and diesel distribution, effective August 15, 2025. The refinery’s ambitious plan includes…
AfDB Approves €19.6M to Expand Wind and Battery Power in Cabo Verde The African Development Bank Group has greenlit a €19.6 million financing package to support Cabeólica Phase II, a groundbreaking renewable energy project in Cabo Verde that combines wind generation with battery energy storage systems (BESS). This ambitious expansion builds on the success of…
NNPC Warns Against Fraudulent Claims by Fake Representatives Soliciting Illegitimate Engagements The Nigerian National Petroleum Company (NNPC) Limited has issued a public warning to Nigerians and the international business community about the activities of fraudsters and impostors falsely claiming to represent the company in business dealings. In a statement released by the national oil company,…
President Tinubu Hails Dangote Refinery as Landmark Industrial Achievement in Nigeria’s Economic Future June 9, 2025 — Lagos, NigeriaPresident Bola Ahmed Tinubu has lauded the Dangote Petroleum Refinery and Petrochemicals Complex as a monumental symbol of industrial advancement and economic sovereignty for Nigeria, describing the massive undertaking as “a phenomenal project of our time.” The…
Nigerian Army Dismantles 27 Illegal Refineries in Niger Delta, Arrests 43 Suspects Port Harcourt, Nigeria — In an intensified crackdown on oil theft and pipeline sabotage, troops of the 6 Division, Nigerian Army, have uncovered 27 illegal refineries and arrested 43 suspected oil thieves across Bayelsa, Rivers, Akwa Ibom, and Delta States. The coordinated operations,…
Seplat Energy Sets New National Benchmark with CIPS Procurement Excellence Certification June 6, 2025 — Lagos, NigeriaSeplat Energy Plc has made history by becoming the first Nigerian company to receive the prestigious Procurement Excellence Standard Certificate from the Chartered Institute of Procurement and Supply (CIPS), marking a significant milestone for the nation’s energy and procurement…
