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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,…
The Body Shop continues West African growth, opens 1st shop in Lagos
The Body Shop has announced the opening of a new store in Nigeria, bringing ethical, naturally inspired beauty to Lagos. Following the successful launch in Abuja and a national e-commerce site earlier in the year, the new opening marks an…
NERC marks 20 years of regulating electricity sector
Sopuruchi Onwuka The Nigerian Electricity Regulatory Commission (NERC) has announced plans to commemorate its 20th anniversary, marking two decades of regulatory oversight and policy reforms that have shaped the Nigerian Electricity Supply Industry (NESI). Established on October 31, 2005, under…
Competition closed: Dangote to expand refinery capacity to 1.4 mbd
Targets $55bn annual revenue Sopuruchi Onwuka President of Dangote Industries Limited, Alhaji Aliko Dangote, has announced plans to expand the Dangote Petroleum Refinery from its current capacity of 650,000 barrels per day (bpd) to 1.4 million bpd. He said the…
EU demand surge drives global LNG exports to record high in September
Sopuruchi Onwuka Global exports of liquefied natural gas (LNG) reached a record 34.59 million metric tons in September, driven by surging demand from Europe and higher shipments from producers outside the Gas Exporting Countries Forum (GECF), the forum said in…
OTL 2025: PIA, regulations must expand to cover new realities
Sopuruchi Onwuka Evolving market trends and fierce competition associated with the deregulation of the downstream petroleum industry are beginning to expose gaps in the regulations that govern the terms of play in the industry. With the multiplicity of local refining…
NCDMB, development banks update players on NCDF finance cycle
The Nigerian Content Development and Monitoring Board (NCDMB) is engaging players in the Nigerian petroleum sector with clear explanations on enhanced innovations in the management of the Nigerian Content Development Fund (NCDF) designated for facilitating project delivery in the local…
Players demand priority for gas investment bankability
Sopuruchi Onwuka Commercial investors and industry captains in the nation’s petroleum industry have demanded government to strengthen policy pillars that guarantee profitability of investments in realizing the country’s key objective of developing the domestic gas market. Delegated and panel debaters…
NUPRC woos investors ahead of licensing round
Players stake $18.2 bn to produce 600kbd Sopuruchi Onwuka Nigerian is pushing determined programmes to aggressively rebuild oil and gas production capacity from an industry that suffered acute investment drought and consequent plunge in production volumes in the past decade….
Divestments: Can independents secure Nigeria’s energy future with brown asset?
NAPE calls for seismic data update on Niger Delta Sopuruchi Onwuka Transfer of most onshore petroleum industry operations from the international oil companies to mainly indigenous independent companies puts the fate of the country’s economy in the efficient hands of…
