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Sopuruchi Onwuka

NLNG restates commitment to operational excellence

Nigeria LNG Limited (NLNG) has reaffirmed its commitment to maintaining safe, reliable and efficient operations, declaring that operational excellence will remain central to its efforts to set industry benchmarks and drive sustainable growth in Nigeria’s energy sector. The company made…

Africa’s gas challenge is delivery, not resources – Attah

Renaissance Africa Energy Company Limited has called for stronger alignment across the gas value chain to unlock Africa’s energy potential, strengthen energy security, and accelerate industrialisation. The company’s Managing Director and Chief Executive Officer, Tony Attah, stressed that Africa’s challenge…

PenCom hosts 11.32 m workers as assets jump 51% to $22.8 billion

Participation in the Nigerian contributory pension scheme has risen to significant 11.32 million workers, helping drive asset growth by 51 percent to 31.48 trillion in the last two years. The ⁠National Pension Commission (PenCom) declared in Abuja on Tuesday that…

Food prices drive inflationary trends for 3rd straight month

Frank Okon Nigeria’s annual inflation rate rose for the third consecutive month in May 2026, driven largely by persistent increases in food prices despite a moderation in the pace of monthly price growth. The latest Consumer Price Index (CPI) report…

Inflation, forex may worsen as Dangote Refinery dumps Naira for dollar pricing

Ziggy Ojegbe Nigeria’s downstream petroleum sector is facing a major policy and commercial shift after Dangote Petroleum Refinery discontinued naira-denominated sales of refined petroleum products, replacing them with dollar-based pricing in a move that could intensify pressure on the foreign…

AEW 2026: Eskom, ZESCO, UETCL executives confirmed for Power Africa Today

Senior executives from some of Southern Africa’s leading power utilities and grid operators have been confirmed as speakers at the Power Africa Today conference during African Energy Week (AEW) 2026, underscoring growing efforts to strengthen transmission infrastructure, modernise electricity grids…

WIEN restates commitment to professional excellence in energy sector

Africa’s leading gender equity organization in the energy industry, Women In Energy Network (WIEN), has reaffirmed its commitment to equipping female professionals with the leadership, mentoring and networking opportunities needed to accelerate their careers and strengthen women’s participation across the…

Business Economy Energy Labour

NNPC, NCDMB, NiPeTE task professionals on competence-driven energy workforce

Industry leaders have challenged young professionals to prioritise competence, continuous learning and value creation as they prepare to lead the next phase of Nigeria’s energy transition, stressing that technical skills alone are no longer sufficient to succeed in an increasingly…

Nigerian Content hits historic 61%, NCDMB targets manufacturing room

Board plans nationwide capacity audit, new vendor development programme Warns firms against withholding statutory local content fund remittances Says faster project approvals critical to sustaining industry growth Nigeria’s 15-year drive to deepen indigenous participation in the oil and gas industry…

Business Economy Energy

Low oilfield activity level threatens petroleum production targets  – PETAN

Says weak project pipeline, capacity redundancy, funding gaps challenge targets Despite commitments by major international oil companies to invest an estimated $45 billion in Nigeria’s upstream petroleum sector, low oilfield activity and underutilisation of existing industry capacity continue to threaten…