Tinubu Orders Deployment Of 100,000 CNG Conversion Kits

Tinubu Orders Deployment Of 100,000 CNG Conversion Kits

President Bola Tinubu has directed the Presidential Initiative on Compressed Natural Gas (PiCNG) to deploy about 100,000 vehicle conversion kits nationwide.The directive is aimed at expanding access to Compressed Natural Gas (CNG) as a cheaper and cleaner alternative to petrol.The...
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Ikeja Electric Champions Women’s Growth Through Service

Ikeja Electric Champions Women’s Growth Through Service

Ikeja Electric (IE) has joined the global community to celebrate International Women’s Day (IWD) 2026, reaffirming its commitment to gender inclusion, mentorship, and the advancement of women within the organisation and the broader society.The celebration, h...
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NNPC Boss: OPL 245 Deal May Unlock 150,000bpd For Nigeria’s Oil Output

NNPC Boss: OPL 245 Deal May Unlock 150,000bpd For Nigeria’s Oil Output

The Group Chief Executive Officer of Nigerian National Petroleum Company Limited (NNPCL), Bayo Ojulari, has said the resolution of the dispute surrounding oil prospecting lease (OPL) 245 will enable the development of the Zabazaba–Etan deepwater project.In a...
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Resolution Of OPL 245 Dispute To Strengthen Nigeria’s Economy, Says Fagbemi

Resolution Of OPL 245 Dispute To Strengthen Nigeria’s Economy, Says Fagbemi

The Attorney-General of the Federation and Minister of Justice, Lateef Fagbemi, has said that the resolution of the long-standing dispute over OPL 245 will reposition Nigeria’s economy and strengthen the country’s fiscal capacity.Fagbemi made the remark in...
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TINUBU INAUGURATES COMMITTEE ON GRID ASSET MANAGEMENT COMPANY

TINUBU INAUGURATES COMMITTEE ON GRID ASSET MANAGEMENT COMPANY

President Bola Tinubu on Friday constituted an 11-member committee to ensure the smooth sailing incorporation of the Grid Asset Management Company Limited (GAMCO).The committee’s constitution followed the Federal Executive Council’s approval of the...
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Tinubu Announces Resolution of OPL 245 Dispute

Tinubu Announces Resolution of OPL 245 Dispute

President Bola Ahmed Tinubu has announced the successful conclusion of a historic settlement between the Federal Government of Nigeria, Eni, and Nigerian Agip Exploration Limited (NAEL), bringing an end to the long-standing dispute over Oil Prospecting Licence...
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NUPRC Boss: Women Key To Unlocking Nigeria’s Hydrocarbon Potential

NUPRC Boss: Women Key To Unlocking Nigeria’s Hydrocarbon Potential

The Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Oritsemeyiwa Eyesan, has said that for Nigeria and the African continent to fully maximise their hydrocarbon potential, women must be placed at the centre of decision-making ...
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Crude Soars After U.S., Israel Strikes On Iran

Crude Soars After U.S., Israel Strikes On Iran

Oil prices soared and stocks fell in Asia on Monday after US-Israeli strikes on Iran sent investors fleeing the prospect of an extended conflict in the crude-rich Middle East.Brent briefly spiked almost 14 percent and West Texas Intermediate nearly 12...
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NUPRC Oversees Olo Trust Handover To Aradel

NUPRC Oversees Olo Trust Handover To Aradel

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has presided over the formal handover of the Olo Oilfield Host Community Development Trust (HCDT) from TotalEnergies to Aradel Holdings Plc, marking a significant milestone in the implementation of ...
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Seplat Energy Posts 144% Revenue Growth, Raises Dividend by 52% In 2025

Seplat Energy Posts 144% Revenue Growth, Raises Dividend by 52% In 2025

Seplat Energy Plc, listed on both the Nigerian Exchange and the London Stock Exchange, has announced its audited results for the year ended 31 December 2025, reporting strong operational and financial performance driven by its first full year of offshore...
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South-South Govs Back Tinubu’s Executive Order On Oil Revenue Remittance

South-South Govs Back Tinubu’s Executive Order On Oil Revenue Remittance

The South-South Governors Forum (SSGF) has described President Bola Tinubu’s Executive Order mandating the direct remittance of all oil and gas revenues to the Federation Account as a historic and landmark decision.The SSGF Chairman and Governor of Bayelsa S...
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NCDMB Hosts Midstream Stakeholders’ Workshop To Deepen Nigerian Content Compliance

NCDMB Hosts Midstream Stakeholders’ Workshop To Deepen Nigerian Content Compliance

The Midstream Division of the Monitoring and Evaluation Directorate at the Nigerian Content Development and Monitoring Board (NCDMB) on Monday convened a one-day Midstream Stakeholders Sensitization Workshop in Port Harcourt, aimed at reinforcing compliance an...
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NDDC Flags Off CNG Conversion Training For 400 Youths

NDDC Flags Off CNG Conversion Training For 400 Youths

The Niger Delta Development Commission, NDDC, has flagged off a six-week training programme for 400 Niger Delta youths on the Compressed Natural Gas, CNG, Autogas Conversion.Speaking at the flag-off ceremony at the Dakkada Skills Acquisition Centre, Uyo, Akwa ...
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Dangote Seals $400m Equipment Deal For Refinery Expansion

Dangote Seals $400m Equipment Deal For Refinery Expansion

Dangote Group has signed a $400 million construction equipment agreement with XCMG Construction Machinery Co., Ltd., one of China’s leading manufacturers of construction machinery, in a move set to accelerate the expansion of the Dangote Petroleum Refinery &...
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