Tinubu Approves Framework To Unlock $50b Deep Offshore Investment

Tinubu Approves Framework To Unlock $50b Deep Offshore Investment

By ebosele@hotmail.com President Bola Ahmed Tinubu has approved a new investment framework aimed at unlocking up to $50 billion in deep offshore oil and gas investments and reviving large-scale offshore projects that have remained stalled for years.The reform replaces project-by-project...
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NADDC, NYSC Flag Off CNG Retrofitting Training For Corps Members

NADDC, NYSC Flag Off CNG Retrofitting Training For Corps Members

The National Automotive Design and Development Council (NADDC), in collaboration with the National Youth Service Corps (NYSC), has flagged off a Compressed Natural Gas (CNG) Retrofitting Training Programme for 300 Corps Members, aimed at equipping young Nigeri...
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NUPRC Seeks Stronger Collaboration To Build Resilient Upstream Oil, Gas Sector

NUPRC Seeks Stronger Collaboration To Build Resilient Upstream Oil, Gas Sector

By ebosele@hotmail.com – The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has called for deeper collaboration among industry stakeholders to strengthen resilience and drive sustainable growth in Nigeria’s upstream oil and gas sector am...
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NMDPRA Reaffirms Commitment To Energy Security, Gas Utilisation

NMDPRA Reaffirms Commitment To Energy Security, Gas Utilisation

By ebosele@hotmail.com- The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has reaffirmed its commitment to strengthening Nigeria’s energy security, accelerating gas utilisation and delivering efficient regulation to support th...
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FRSC Canvasses Support For Tinubu’s CNG, EV Initiatives

FRSC Canvasses Support For Tinubu’s CNG, EV Initiatives

The Corps Marshal of the Federal Road Safety Corps (FRSC), Shehu Mohammed, has expressed strong support for President Bola Tinubu’s Presidential Initiative on Compressed Natural Gas (CNG) and Electric Vehicles (EVs), describing it as a transformative program...
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NLNG Attains $149.6b Revenue, Remits $10.8b Tax

NLNG Attains $149.6b Revenue, Remits $10.8b Tax

THE Nigeria LNG (NLNG) has generated $149.6 billion in revenue since it began operations, and has paid $10.8 billion in taxes to the Federal Government since becoming tax-compliant in 2009.Managing director and chief executive officer, Engr. Adeleye Falade, di...
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Nigeria’s $2b Renewable Energy Investment Yields Only 76,000 Jobs, REA Flags Local Capacity Gap

Nigeria’s $2b Renewable Energy Investment Yields Only 76,000 Jobs, REA Flags Local Capacity Gap

Dr. Abba Aliyu, Managing Director of the Rural Electrification Agency (REA), has disclosed that Nigeria’s renewable energy workforce participation remains significantly low, with the sector generating only about 70,000 jobs despite attracting over $2 billion...
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Dangote Refinery completes $2.5b Private Equity Placement

Dangote Refinery completes $2.5b Private Equity Placement

Dangote Petroleum Refinery and Petrochemicals FZE (DPRP) has successfully completed a landmark Private Equity Placement that raised approximately $2.5 billion in new equity, following a highly successful offering.City Business News reports that the transaction...
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NCDMB, Chevron, Tomba Strengthen Local Capacity with Storage Tank Training

NCDMB, Chevron, Tomba Strengthen Local Capacity with Storage Tank Training

By ebosele@hotmail.com The Nigerian Content Development and Monitoring Board (NCDMB), in collaboration with Chevron Nigeria Limited (CNL) and Tomba Resources Nigeria Limited (TRNL), has commenced the Nigerian Content Human Capacity Development (NC-HCD) Provisi...
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PTD Faults NAFDAC On Diesel-In-Edible Oil Tanker Claims

PTD Faults NAFDAC On Diesel-In-Edible Oil Tanker Claims

The Petroleum Tanker Drivers (PTD) Branch of the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has dismissed reports alleging that two tankers designated for transporting edible vegetable oil were intercepted while conveying diesel in Lagos, desc...
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31 Firms Secure 37 Oil, Gas Blocks

31 Firms Secure 37 Oil, Gas Blocks

By ebosele@hotmail.com No fewer than 31 companies have emerged successful bidders for 37 oil and gas blocks following the conclusion of Nigeria’s 2025 Licensing Round held at the Transcorp Event Centre, Abuja, on July 21, 2026.City Business News reports ...
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Nigeria Inaugurates Steering Committee To Drive Green Aviation

Nigeria Inaugurates Steering Committee To Drive Green Aviation

By ebosele@hotmail.com – Nigeria has officially launched its Sustainable Aviation Fuel (SAF) Programme, marking a major milestone in the country’s drive to decarbonise the aviation sector and position itself at the forefront of Africa’s trans...
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NLNG Backs Nigeria’s Decarbonisation Drive

NLNG Backs Nigeria’s Decarbonisation Drive

Nigeria LNG Limited (NLNG) has joined government agencies, regulators and key industry players in the newly inaugurated Joint Decarbonisation Working Group (JDWG), a strategic platform established to coordinate efforts aimed at reducing carbon emissions across...
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NLNG Celebrates Prof Bart Nnaji At 70

NLNG Celebrates Prof Bart Nnaji At 70

NLNG has paid tribute to Professor Bart Nnaji at 70, highlighting his more than two decades of contribution to the governance, credibility and international reach of The Nigeria Prize for Science and Innovation.The former Minister of Power and Chairman of...
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