Energy
Ogoni Leaders Push to Resume Oil Production Under Community Control
Southern Nigeria's Ogoni region eyes return to petroleum extraction with local oversight and environmental safeguards In Nigeria's oil-rich Niger Delta,...
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Nigerian Billionaire Otedola Nets N896 Billion Windfall from Geregu Power Stake Sale
Femi Otedola has realized approximately N896.5 billion in capital gains from divesting his majority ownership in Geregu Power Plc, marking...
Read moreDetailsYari Takes Helm at Geregu Power as Otedola Sells Controlling Stake
Former Zamfara governor Senator Abdulaziz Yari has assumed the chairmanship of Geregu Power Plc following billionaire Femi Otedola's departure from...
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NNPC Restores Critical Pipeline Operations Following Delta State Explosion
The Nigerian National Petroleum Company Limited (NNPC Ltd.) has successfully repaired and recommissioned the Escravos–Lagos Pipeline System (ELPS) in Warri,...
Read moreDetailsOtedola Relinquishes Control of Geregu Power in Major Ownership Transfer
Geregu Power Plc has announced a significant change in its ultimate ownership structure after MA'AM Energy Ltd acquired a 95...
Read moreDetailsNNPC Directors’ Remuneration Jumps 58% to N4.1bn Amid Surging Administrative Costs
The Nigerian National Petroleum Company Limited recorded a substantial increase in board and workforce expenses during 2024, with directors' fees...
Read moreDetailsNUPRC, NDIC Lead 2025 Integrity Rankings as NNPC, FCSC Score Zero Points
The Nigerian Upstream Petroleum Regulatory Commission, NUPRC, under Engr. Gbenga Komolafe, has topped the Independent Corrupt Practices Commission's 2025 integrity...
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New NUPRC Boss Eyesan Promises Digital Transformation, Investment Growth in Oil Sector
The newly appointed Commission Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Mrs. Oritsemeyiwa Eyesan, has pledged to...
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ICPC Crowns NUPRC Under Engr. Gbenga Komolafe as Nigeria’s Most Transparent Agency, Demolishing Corruption Claims
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has officially ranked the Nigerian Upstream Petroleum Regulatory Commission (NUPRC),...
Read moreDetailsNigerian Energy Firm Heirs Energies Secures $750M Facility to Expand Oil Production
Heirs Energies, a Nigerian oil producer, has obtained a $750 million credit facility from the African Export-Import Bank to finance...
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