Skip to content
FG launches EMERGE scheme to fund mineral exploration, research
Federal Government has launched the Early-Stage Mineral Exploration and Research Grant Endowment (EMERGE), a new funding initiative designed to support mineral exploration, critical minerals development, and geoscience research across Nigeria. This is also as the minister of Solid Minerals Development,…
Heirs Energies deepens sustainability with Agbada Green Corridor initiative
In a demonstration of its growing commitment to environmental stewardship alongside energy development, Heirs Energies Limited has launched the Agbada Green Corridor Initiative, a tree-planting programme designed to promote biodiversity, enhance climate resilience and support environmental sustainability across its operational…
Standard Bank backs Dangote Refinery IPO, expansion
The planned public listing of the Dangote Petroleum Refinery has received a significant boost after Africa’s largest banking group signalled its readiness to play a leading role in the transaction while pledging continued support for the industrial giant’s expansion ambitions…
Renaissance CEO urges focus measurable reforms results
As Nigeria grapples with the challenges and opportunities arising from its ongoing economic reforms, the Managing Director and Chief Executive Officer of Renaissance Africa Energy Company Limited, Tony Attah, has argued that the success of those reforms should be measured…
Seplat Chairmanship cements Elumelu’s rising influence in Nigeria’s strategic sectors
Sopuruchi Onwuka The appointment of renowned investor and entrepreneur Tony Elumelu as Chairman-designate of Seplat Energy Plc marks more than a routine boardroom transition. It represents the latest milestone in the rapid expansion of his influence across Nigeria’s energy landscape…
Tony Elumelu Chairs the board, Okon runs the management of Seplat
Seplat Energy Plc has announced a major leadership transition, appointing leading African businessman and investor, Tony Elumelu, as its next Chairman and naming Engr. Effiong Okon as Chief Executive Officer. The appointments come as part of moves by Seplat to…
GenCos reject FG’s N7trn resettlement plan, call for state of emergency in power sector
Federal Government’s debt owed to electricity generating companies (GenCos) have now reached N7 trillion, even as a planned resettlement option has been turned down by the operators, who insist on recovering their money. The GenCos have also called on government to…
Tinubu swears in new Power, Foreign Affairs ministers
President Bola Tinubu, Monday, swore in Mr. Joseph Tegbe as the new Minister of Power, as well as, Mr. Sola Enikanolaiye for that of the Minister of State for Foreign Affairs, at a brief ceremony which held at the Presidential Villa…
Algeria kicks off work at own section of $13bn trans-Saharan gas pipeline project
Algeria has officially kicked off work at its own section of the 4,100 km long Trans-Saharan Gas Pipeline (TSGP) project. The TSGP is a separate, competing 4, 128km pipeline project running through Niger and Algeria with an estimated cost of…
NUPRC urges banks to support oil, gas operators
Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has called on financial institutions to support operators in expanding domestic gas production. NUPRC’s Chief Executive, Mrs. Oritsemeyiwa Eyesan, who said this whole receiving top executives of the Rand Merchant Bank (RMB), at the commission’s…
