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Ekpo seeks Nigeria’s associate membership of International Energy Agency

Frank Okon Nigeria has formally applied to join the International Energy Agency as an associate member, marking a significant step in the country’s effort to strengthen its role in global energy governance. The development was disclosed on Wednesday by IEA…

Business Capital Market Commerce and Industry e-Platform Economy Electric power Energy

Dangote’s East Africa Refinery, 20,000MW power plans signal continental expansion

Ziggy Ojiegbe Plans by Nigerian industrialist Aliko Dangote to replicate his $20 billion Lagos refinery complex in East Africa emerged as one of the defining announcements at the just concluded Africa Forward Summit hosted by the governments of Kenya and…

Business Diplomacy Economy Energy

Nigeria-Morocco gas pipeline to strengthen AfCFTA, expanding economic integration

Frank Okon Nigeria and Morocco’s renewed push to advance the proposed $26 billion African Atlantic Gas Pipeline is increasingly being viewed by analysts as more than just an energy infrastructure project. Beyond gas exports, the initiative is emerging as a…

NNPCL, NUPRC remit over N322bn, $116.9m To Federation Account in two months

Nigerian National Petroleum Company Limited (NNPCL) and the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) remitted more than N322 billion and $116.9 million into the Federation Account within two months following the implementation of Executive Order 9. According to documents presented…

Indigenous service providers project $7bn capital to raise Nigeria’s oil, gas output by 50%

Victor Nze Indigenous oil and gas service companies in the country, the Petroleum Technology Association of Nigeria (PETAN), has projected that the sector will need about $7 billion in capital expenditure on equipment over the next four years to help…

Global market has lost 880mb of oil ‘forever,’ says Saudi Aramco

Saudi Aramco has issued one of the starkest warnings yet about the state of the global energy market, declaring that nearly 880 million barrels of liquid hydrocarbons have effectively vanished from global supply chains as the Strait of Hormuz crisis…

Lagos clears 14 firms to operate off-grid, metering electricity services

  Lagos State Electricity Regulatory Commission (LASERC) has issued licenses and to a total of 14 companies to operate off-grid and embedded generation, independent distribution, metering, and interconnected mini-grid electricity services.   According to LASERC, the licenses and permits which…

Business Civil Society Energy Environment

Sahara Group deepens sustainable waste management, commissions recycling hubs in Ojodu

Fred Asawe The social impact vehicle of Sahara Group, Sahara Group Foundation, weekend commissioned its 18th and 19th Sahara Go Recycling Hubs in Lagos State. According to the company, the new hubs livered in Ojodu Local Council Development Area (LCDA),…

Business Commerce and Industry Diplomacy Economy Energy Internal Business

Africa Forward 2026 and the reordering of global power

[Sola Adebawo] When European leaders scrambled to rethink energy security after the Russia-Ukraine war, one reality became impossible to ignore: the global order many nations assumed was stable is no longer stable at all. The disruption of Russian gas supplies…

Business Commerce and Industry Energy

OTC 2026 draws 25,000 as offshore energy industry charts innovation

The 2026 Offshore Technology Conference (OTC) concluded in Houston after four days of high-level discussions, technical exchange, and international engagement that brought together nearly 25,000 participants from more than 100 countries. Held under the theme Steering Offshore Energy Innovation into…