The Verheijen Reform Blueprint: How Nigeria Stopped the Bleeding and Rewrote the Playbook for Global Energy Capital -By Kunle Odusola-Stevenson For nearly a decade, the consensus among energy financiers regarding Nigeria was as uniform as it was grim. Despite holding Africa’s largest proven gas reserves and its most formidable oil basins, the nation had…
PIA Era under PBAT: What Ought to Be and What Is in Nigeria’s Oil and Gas Sector -By Wumi Iledare, Professor Emeritus of Petroleum Economics, FNAEE Today, I wish to offer a measured reflection on the state of Nigeria’s oil and gas sector in the era of the Petroleum Industry Act (PIA) under the…
Ikeja Electric Ignites Safety Consciousness Across Lagos Schools on Children’s Day Ikeja Electric Plc (IE), Nigeria’s leading electricity distribution company, celebrated this year’s Children’s Day by executing an impactful educational outreach across selected public primary schools within its franchise network. The initiative saw the company visit C. M, S. Primary School and Howells Nursery…
Dangote Refinery Cuts Petrol, Diesel Prices Again The Dangote Petroleum Refinery & Petrochemicals has announced a fresh reduction in the ex-depot prices of Premium Motor Spirit (PMS) and Automotive Gas Oil (AGO), reinforcing its commitment to making refined petroleum products more affordable and supporting economic activities across Nigeria. Under the latest price adjustment, the refinery…
Renaissance CEO Calls for Youth Support to Drive Africa Energy Future Renaissance’s Managing Director and Chief Executive Officer, Tony Attah, has called on young professionals to take a leading role in driving innovation, sustainability, and long-term energy security across the continent. Attah spoke in Ghana at the Africa Young Professionals Workshop (AYPW) 2026, hosted by…
NNPC Retail Summit: Beyond The Pump Co-Creating the Future Ends with Colourful Award and Recognition Dinner Awards Nigerian National Petroleum Company (NNPC) Retail Limited, hosted a summit recently in Abuja. It brought together key players in the energy and retail ecosystem under the theme: “Beyond the Pump: Co-creating the future of the Retail Forecourt.” The…
Coastal Africa Group Ltd Targets Nigeria, West Africa Energy Assets in AIM Listing Plan Coastal Africa Group Ltd has announced plans to begin trading on London’s Alternative Investment Market (AIM) as it seeks to expand investments across oil and gas assets in Nigeria and other West African countries. The newly incorporated firm said it will…
Oil Prices Climb as US–Iran Military Actions Rekindle Supply Fears Global oil prices rose on Tuesday after fresh military activity by the United States in southern Iran reignited concerns about a possible breakdown in already fragile ceasefire arrangements and ongoing diplomatic negotiations between Washington and Tehran. The latest escalation comes at a time when both…
Nigeria, Türkİye Sign MoU to Deepen Cooperation in Solid Minerals Development The Governments of Nigeria and the Republic of Türkiye have signed a Memorandum of Understanding (MoU) to strengthen bilateral cooperation in the solid minerals sector, marking a significant step towards deepening economic collaboration between both countries. The agreement was signed on the sidelines of…
Dangote Refinery Ends Nigeria’s Era of Fuel Import Dependence, Boosts GDP, FX Earnings — EIU The operational ramp up of the 650,000 barrels per day Dangote Petroleum Refinery & Petrochemicals is fundamentally reshaping Nigeria’s downstream oil sector, significantly reducing the country’s dependence on imported refined petroleum products and strengthening its external position, according to the…