Nigeria’s Local Content Successes Spotlighted at Namibian Oil & Gas Conference Windhoek, Namibia – Nigeria’s achievements in local content development have taken centre stage at the 2025 Namibia Oil and Gas Conference, where the country’s model is being showcased as a blueprint for African nations. Representatives from the Nigerian Content Development and Monitoring Board (NCDMB)…
Dangote Refinery Cuts PMS Ex-Depot Price by N30 Dangote Petroleum Refinery (DPR) has announced a reduction in the ex-depot (gantry) price of Premium Motor Spirit (PMS), commonly referred to as petrol, by N30.00, from N850 to N820 per litre, effective from 12th August 2025. As part of its unwavering commitment to national development, DPR assures…
NLC Commends Dangote Refinery, Urges FG to Sell Crude in Naira to Lower Fuel Prices The Nigerian Labour Congress (NLC) has praised the Dangote Petroleum Refinery as a transformative national asset, describing it as a game-changer in bridging Nigeria’s fuel supply gap, creating jobs, and restoring confidence in the nation’s industrial capacity. Speaking during a…
11 PLC Adjusts Manpower Sourcing to Boost Productivity …Reassures on job security and improved welfare In a strategic move to enhance service delivery, 11 PLC (formerly Mobil Oil Nigeria Plc) has announced changes in its manpower sourcing approach. Under the new arrangement, employees engaged by the previous manpower firm will be absorbed by the new…
Seplat Energy Hosts Second Lagos Media Entrepreneurship Training, Empowering 50 More Journalists Lagos, Nigeria – Following the success of its inaugural Annual Media Training Programme, Seplat Energy has concluded the second Lagos session, further cementing its commitment to advancing media excellence and entrepreneurship in Nigeria. Over the course of two days, 50 selected journalists from…
Ghana Declares Commerciality for Major Offshore Oil and Gas Discoveries Ghana has officially declared the commercial viability of the Eban-Akoma oil and gas discoveries located in the Cape Three Points Block 4 (CTP-B4) — a significant milestone for the nation’s upstream petroleum industry. The announcement was made by the Ministry of Energy and Green Transition…
AFC’s Impact: $50 Billion Added to Africa’s GDP, 7 Million Jobs Created The Africa Finance Corporation (AFC) has revealed that its infrastructure projects have added over US$50 billion to Africa’s GDP and supported the creation of 7 million jobs across 36 countries. The milestone comes from AFC’s latest Development Impact Report, which analysed 166 projects…
PETAN Chairman Wole Ogunsanya Elected First-Ever Chair of African Local Content Organisation Engr. Wole Ogunsanya, Chairman of the Petroleum Technology Association of Nigeria (PETAN) and CEO of Geoplex Drillteq Limited, has been elected as the pioneer Chairman of the African Local Content Organisation (ALCO) — a landmark move set to strengthen regional cooperation in Africa’s…
Access Bank’s Elite Polo Day Blends Glamour and Purpose, Raises Funds for 60 New Classrooms in Kaduna Windsor, UK | July 12, 2025 – Beneath the pristine blue skies of the Guards Polo Club in Windsor, a different kind of power play unfolded—not just in the sport, but in purpose. The 10th Annual Access Bank…
Tinubu Appoints Abdullahi Ramat as New Chairman of NERC President Bola Ahmed Tinubu has appointed Engr. Abdullahi Garba Ramat as the new Chairman and Chief Executive Officer of the Nigerian Electricity Regulatory Commission (NERC), replacing Sanusi Garba. Ramat, 39, is an electrical engineer and seasoned administrator with a doctorate in Strategic Management. His appointment is…