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Renewed global interest, AEB to boost Nigeria’s petroleum investment — Eyesan
Africa accounts for $50bn of $520 global petroleum investments in 2026 Sopuruchi Onwuka The Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Mrs. Oritsemeyiwa Eyesan, has said renewed global interest in Africa’s hydrocarbons, combined with stronger financing structures,…
NCDMB demands collaboration on African local content policy
Sopuruchi Onwuka The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe, FNSE, has emphasized that collaboration remains the most critical factor in achieving effective local content policy implementation across Africa’s energy sector. Speaking…
SAIPEC 2026: PETAN pledges collaborative, African-led energy development
Sopuruchi Onwuka Chairman of the Petroleum Technology Association of Nigeria (PETAN), Engr. Wole Ogunsanya, has reaffirmed the association’s commitment to working with all stakeholders to build a resilient, inclusive, and sustainable energy industry that delivers prosperity for Africans and value…
AfCFTA can push local capacity to continental markets __Ogbe
The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Ogbe, has said that effective implementation of the African Continental Free Trade Area (AfCFTA) in the oil and gas industry will be critical to unlocking Africa’s…
Falcon Corporation bags ‘A’ rating on strong cash flow, gas demand
Sopuruchi Onwuka Frontline indigenous gas distribution player, Falcon Corporation Limited, has secured an “A” long-term and “A1” short-term corporate credit rating with a stable outlook from Agusto & Co., Africa’s foremost credit rating agency. The rating was announced in Lagos…
Lagos to establish West Africa’s 1st international financial centre
Sopuruchi Onwuka Lagos State is set to establish West Africa’s first International Financial Centre following the launch of a landmark report by TheCityUK in collaboration with the UK Government, the Lagos State Government, the Lagos International Financial Centre Council, and…
NCDMB-ACFTA Summit: Stakeholders demand free movement, harmonized policies
Sopuruchi Onwuka Investors and stakeholders in Africa’s petroleum and allied industries on Monday urged governments across the continent to ease cross-border movement of goods and services to enable businesses fully realize the objectives of the African Continental Free Trade Area…
WIEN celebrates Akpedeye, commends Aradel on board appointment
Sopuruchi Onwuka Women in Energy Network (WIEN), a leading gender equity advocacy group in the energy sector, has expressed excitement over the appointment of Ms. Nnoli Akpedeye to the Board of Aradel Holdings Plc. The group also commended the Board…
Renaissance wins Energy Deal of the Year at NIES 2026
Renaissance Africa Energy Company on Tuesday night won the Energy Deal of the Year for 2025 at the Awards Night of the 2026 Nigeria International Energy Summit (NIES) in Abuja. The award recognises the company’s $2.4 billion acquisition of Shell’s…
GuarantCo backs $75m cashew processing plant in Ogun to boost local value addition
Sopuruchi Onwuka The British High Commission (BHC) has declared that GuarantCo, part of the Private Infrastructure Development Group (PIDG), provided a 100 per cent guarantee to support a $75 million debt facility for Robust International Pte Ltd to construct a…
