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Nigerian firm stakes $225 m in Sierra Leone’s offshore exploration blocks

Ziggy Ojiegbe Nigerian independent explorer, Marginal Energy Limited, has committed to more than $225 million offshore oil and gas exploration deal in Sierra Leone, marking a significant step in the country’s push to revive investor interest in its underdeveloped upstream…

Seplat sweeps awards as stock shares hit N10,000 benchmark

Bode Adeeyo Shares of Seplat Energy Plc climbed above the ₦10,000 mark for the first time, as the indigenous oil and gas producer capped a strong run with multiple industry and market awards that signal rising investor confidence in its…

Business Energy Health/Living

World Malaria Day: Chevron Reinforces Commitment to Malaria Eradication Across Africa

[From Chevron Nigeria Limited] “We have the knowledge, lifesaving tools and proven strategies to end malaria. But progress has stalled, and decades of hard-won gains are in jeopardy. Malaria continues to claim a life every minute, with most deaths occurring…

Business Electric power Energy Environment

Global solar power generation jumps 636TWh to record 2,778 TWh in 2025

Frank Okon Global solar power generation surged to an unprecedented level in 2025, rising by 636 terawatt-hours (TWh)—a 33% increase over 2024—to reach a record 2,778 TWh, according to the Ember Global Electricity Review 2026. The increase marks the largest…

Nigeria pushes indigenous oil firms to build skills, raise operating standards

Nigeria’s upstream oil sector is entering a new phase, and regulators are pushing independent producers to step up quickly to fill the space left by departing international oil companies. At the centre of that message is the Nigerian Upstream Petroleum…

NLNG, Rivers Police deepen security collaboration ahead of Bonny–Bodo Road opening

The Managing Director and Chief Executive Officer of Nigeria LNG Limited, Adeleye Falade, has called for deeper security collaboration with the Nigerian Police Force, particularly the Rivers State Command, as operations expand and critical infrastructure projects near completion in the…

China’s solar power export to Africa hit 19GW in 2025, toppling Nigeria’s total generating capacity

Frank Okon Chinese firms shipped a significant 19,000 megawatts of solar generating capacity to Africa in 2025, marking a 48% increase on 2024. The scale is striking when set against countries like Nigeria, where total available grid power has at…

Book Reading Series: NCDMB restates commitment to intellectual convergence

Ziggy Ojiegbe The Nigerian Content Development and Monitoring Board (NCDMB) has restated its resolve to provide veritable platform for intellectual convergence in the petroleum and linkage industries in Nigeria. Executive Secretary, Engr Omatsola Ogbe, declared at the weekend that raising…

Business Commerce and Industry Energy Security

OPEC reports sharp drop in Middle East oil output amid Iran war

The Organization of the Petroleum Exporting Countries (OPEC) has reported a significant decline in crude oil production among its member states, citing the ongoing conflict involving Iran as a major disruptor to supply across the Middle East. In its production…

Dangote warns rising oil prices may ground Nigerian airlines

Demands subsidies for farmers Ziggy Ojiegbe, with agency reports Chairman of the Dangote Group, Aliko Dangote, has called on the Nigerian government to introduce targeted subsidies for farmers, warning that surging global oil prices could cripple both agriculture and aviation…