Nigeria Calls on Resource-Rich Nations to Leverage EITI for Governance Reform Amman, Jordan – Nigeria has urged resource-rich countries to expand the role of the Extractive Industries Transparency Initiative (EITI) from a data disclosure tool into a catalyst for economic reform, institutional accountability, and inclusive development. The call was made by Dr. Orji Ogbonnaya Orji,…
Iledare Warns PENGASSAN Strike Could Cripple Energy Sector, Calls for Dialogue and Rule of Law Renowned petroleum economist, Professor Wumi Iledare, has cautioned the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) over its ongoing strike action, warning that the shutdown of critical oil and gas infrastructure could have devastating consequences for Nigeria’s…
NCDMB Clarifies: Tinubu’s Executive Orders Did Not Weaken NOGICD Act The Nigerian Content Development and Monitoring Board (NCDMB) has dismissed claims that recent presidential directives have diminished the relevance of the Nigerian Oil and Gas Industry Content Development (NOGICD) Act. Speaking during a Local Content Masterclass at the ongoing African Energy Week in Cape Town,…
NCDMB Unveils Landmark Digitalization Training to Empower 3,700 Nigerian Youths The Nigerian Content Development and Monitoring Board (NCDMB) has announced the launch of a nationwide digitalization training programme aimed at equipping 3,700 Nigerian youths with cutting-edge technological skills to thrive in today’s rapidly evolving industries. The three-year initiative, tagged the NCDMB Digitalization Initiative (NDI), will…
Lokpobiri Touts Nigeria’s Oil Sector Reforms, Invites Global Investors at UNGA 2025 Nigeria’s Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has declared that the country’s oil industry is “ripe for investment” as sweeping reforms under President Bola Tinubu’s administration reposition the sector for growth. Speaking at a United States Nigerian Council forum…
17 African Nations Sign On to Mission 300, Pledge Sweeping Electricity Reforms Seventeen African nations have committed to far-reaching electricity sector reforms under the expanding Mission 300 initiative, a landmark programme spearheaded by the World Bank Group and the African Development Bank Group. The initiative aims to connect 300 million Africans to electricity by 2030….
Dangote Refinery Launches Major Reorganisation Amid Sabotage, Safety Concerns The Dangote Petroleum Refinery and Petrochemicals has announced a sweeping organisational shake-up following reported sabotage incidents that raised significant safety concerns at its 650,000 barrels-per-day plant. In a letter dated September 24, 2025, signed by Femi Adekunle, Chief General Manager of Human Asset Management, the refinery’s…
NUPRC Clarifies Status of TotalEnergies–Chappal Energies Divestment Deal The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has provided clarity on the much-discussed divestment agreement between TotalEnergies and Chappal Energies, following mounting media enquiries and public speculation about the transaction. In a statement issued by the Commission, the regulator confirmed that ministerial consent was initially granted on…
JMG Limited Marks World Clean-Up Day with Action for a Cleaner, Greener Future Lagos, Nigeria – September 20, 2025 – JMG Limited, a leading provider of integrated electromechanical solutions in Nigeria, joined millions of volunteers worldwide to celebrate World Clean-Up Day 2025, taking its sustainability message to the streets of Gbagada, Lagos. Top executives and…
Heirs Energies Champions Indigenous Leadership and Africapitalism at African Energy Week 2025 Cape Town, South Africa – Heirs Energies, Africa’s leading indigenous-owned integrated energy company, is set to make a strong impact at Africa Energy Week (AEW) 2025, taking place from 29 September – 2 October 2025. Represented by CEO Osa Igiehon and Executive Director/CFO…