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Nigeria’s petrol price in top range among OPEC peers
FG’s import tariff sets new benchmark for Dangote, others Sopuruchi ONWUKA With the 15 percent tariff slammed on imported petrol and diesel, the domestic petroleum market may have lost price stabilizing force; allowing Dangote and other smaller local refiners to…
Komolafe tasks Bank of America on oil production financing
Sopuruchi Onwuka The Nigerian Upstrean Petroleum Regulatory Commission (NUPRC) has charged the Bank of America to assist the global push for energy security by prioritizing financing support for Nigeria’s upstream sector. Commission Chief Executive, Engr Gbenga Komolafe, who hosted visiting…
Fuel import tariff: Dangote declares readiness for supply challenge
Pledges price stability during Yuletide festivities Sopuruchi Onwuka Africa’s leading petroleum refiner, Dangote Petroleum Refinery, has restated it resolve to sustain steady flow of key transportation fuels in the domestic market, assuring that its plant output capacity currently exceeds immediate…
TotalEnergies, ExxonMobil, Eni set to transform Mozambique into Global LNG powerhouse
Sopuruchi Onwuka Mozambique is on track to become one of the world’s leading liquefied natural gas (LNG) producers as international energy giants TotalEnergies, ExxonMobil, and Eni move closer to restarting multi-billion-dollar gas developments in the country. Following years of suspension…
NLNG targets young Nigerians with $20K Creative Arts Prize
Sopuruchi Onwuka Nigeria LNG Limited (NLNG) has unveiled The Nigeria Prize for Creative Arts, a new category under its flagship Nigeria Prizes, designed to empower young Nigerian filmmakers to tell authentic stories that redefine the country’s image and global perception….
Hollywood producer jailed 146 Years over sexual abuse
Sopuruchi Onwuka, with agency reports The conviction and sentencing of Hollywood producer David Brian Pearce to 146 years to life in prison has reignited debate about sexual exploitation and abuse within the entertainment industry—an issue spotlighted by the recent downfall…
The Alternative Bank to deepen inclusive banking for rural women
The Alternative Bank has reaffirmed its commitment to expanding inclusive banking opportunities for rural women and women-led enterprises across Nigeria. This pledge was made during a high-level virtual forum the Bank hosted on Friday to commemorate the International Day for…
Seplat Energy posts princely N3.356 trn revenue in Q3 2025
Pumps output 185% to135,636 boepd Sopuruchi Onwuka Leading Nigerian independent energy company, Seplat Energy Plc, has reported outstanding financial and operational performance for the first nine months of 2025, attributing its strong results to higher production volumes, robust cash generation,…
Access Holdings reports ₦3.9 trn gross earnings in nine months
Sopuruchi Onwuka Access Holdings Plc has announced its financial results for the nine months ended September 30, 2025, posting gross earnings of ₦3.9 trillion — a 14.1 percent increase from ₦3.4 trillion recorded in the corresponding period of 2024. According…
TotalEnergies charges contractors to enhance industry safety
Sopuruchi Onwuka Industry contractors, who bear greater responsibility for oilfield workers’ safety and environmental impact mitigation, must collaborate closely with operating companies to uphold health, safety, security, social, and environment (HSSSE) standards. TotalEnergies made this call in a media release…
