Aradel Holdings Plc Clinches “Best Equity Deal in EMEA” at 2024 EMEA Finance Achievement Awards LONDON, June 24, 2025 — Aradel Holdings Plc has been named the winner of the “Best Equity Deal in EMEA” at the 2024 EMEA Finance Achievement Awards, in recognition of its landmark listing on the Nigerian Exchange (NGX). The award…
Oil Prices Slide as Iran-Israel Ceasefire Takes Effect, Ending ’12-Day War’ Crude oil prices dropped sharply today after former U.S. President Donald Trump announced on social media that a ceasefire between Iran and Israel has officially taken effect, putting an end to nearly two weeks of escalating conflict that rattled energy markets and threatened global…
BP, Eni, and TotalEnergies Evacuate Foreign Staff from Iraq Amid Regional Tensions, Oil Output Unaffected Basra, Iraq – June 24, 2025 — Major international oil companies including BP, Eni, and TotalEnergies have begun withdrawing foreign personnel from their operations in Iraq’s oil-rich southern fields due to rising geopolitical tensions, according to a statement released by…
African Energy Week 2025 Launches Africa-Focused Energy Transition Track to Drive Investment and Inclusive Growth African Energy Week (AEW): Invest in African Energies 2025 is set to spotlight Africa’s path toward a just and inclusive energy future with the introduction of a dedicated Energy Transition Track at this year’s landmark event, taking place from September…
TREXM Holdings Announces Gold Sponsorship of NOG Energy Week 2025 TREXM Holdings, a leading company operating and building businesses across the energy and industrial value chain , today announced its gold sponsorship of the 24th annual NOG Energy Week Conference & Exhibition, taking place from June 29 to July 3, 2025, at the Bola Ahmed…
Work Begins on Historic Oloibiri Museum as Project Site is Handed Over to Julius Berger A new chapter in Nigeria’s oil and gas history was written on Tuesday as the site for the long-anticipated Oloibiri Museum and Research Centre (OMPRC) in Otuabagi, Bayelsa State, was officially handed over to Julius Berger Plc. The ceremony, which…
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…