Energy

Tinubu approves write-off of $1.42bn, N5.57tn NNPC debt

President Bola Tinubu has approved the cancellation of about $1.42 billion and N5.57 trillion in outstanding debts owed by the Nigerian National...

157

Nigeria in H1 2025 Fails to Meet Oil Revenue Target…..Says Budget Office

NUPRC: Nigeria’s oil output dropped to 1.58mbpd in September due to PENGASSAN’s strike The budget office of the federation says Nigeria did...

137

Afreximbank Boosts Heirs Energies with $750-million facility

Advancing Nigeria’s domestic energy capacity African Export-Import Bank (Afreximbank) and Heirs Energies Limited have announced a landmark US$750-million financing partnership designed to...

176

Engr. Farouk Ahmed Responds to Dangote.

Recent allegations regarding the financing of my children’s education have necessitated this response—not because I fear scrutiny of my finances, which I...

201

Dangote refinery plans dividends payment in dollars

Aliko Dangote, chairman of the Dangote Group, says his refinery will pay dividends in dollars when it gets listed on the stock...

152

Rights Violation: Consumer Protection Body ‘FCCPC’ Seals Ikeja DisCo

Power outage worsens BY BONNY AMADI Power supply to different parts of Lagos which lately has remained erratic, gets more biting as...

166

NNPC Reports subsidiary’s crude output Peaks @ 335,000bpd — highest in 36 years

The Nigerian National Petroleum Company (NNPC) Limited says its subsidiary, NNPC Exploration & Production Limited (NEPL), achieved a record production level of...

163

West Africa’s Grid Transformation to Take Center Stage at MSGBC 2025

African upstream oil and gas operators are accelerating efforts to integrate renewable and lower-carbon energy sources into production activities. Recent milestones across...