Seplat’s Half-Year Profit Surges Sixfold on Iran War Fallout
Seplat Energy’s profit after tax jumped nearly six-fold to $164 million in the first half of 2026, buoyed by higher
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Energy
Seplat Strikes $282m Deal to Sell 10% Stake in NNPC Joint Venture
NNPC’s interest will rise to 70%, while Seplat plans a special $140 million dividend and further debt reduction. Seplat Energy
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NLNG Train 7 to Raise Nigeria’s Cooking Gas Supply by 50% — CEO
Nigeria’s biggest gas exporter NLNG has said its Train 7 expansion project will increase the volume of liquefied petroleum gas
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AFC, Afreximbank-Backed Vehicle Join Dangote Refinery’s $2.5bn Placement with Offer Oversubscribed 3.7 Times
Dangote Petroleum Refinery and Petrochemicals FZE has completed a landmark private equity placement, raising approximately $2.5 billion to finance its
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Dangote Refinery Resumes Naira-Denominated Fuel Sales, Raises Prices
The Dangote Petroleum Refinery and Petrochemicals has announced revised prices for Premium Motor Spirit (PMS), signalling a return to naira-denominated
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Sahara Group Challenges Africa to Rethink Energy, Investment and Journalism
At Asharami Square 3.0, Sahara Group and industry leaders identified weak governance, poorly prepared projects and inadequate accountability as major
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Nigeria Courts Investors for Second Power Bond Issuance After ₦63.5bn Coupon Payment
The Federal Government has begun courting investors for the second series of its power-sector bond programme after paying a ₦63.5
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Ex-Shell Nigeria Chief, Three Others Join Renaissance Board
Renaissance Africa Energy Company Limited has appointed former Shell Nigeria chief Osagie Okunbor and three other industry leaders to its
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Sterling Bank, StarTimes Boost Solar Access with N2bn Financing Drive
Partnership launches five Lagos hubs, with plans to expand to 46 outlets by the end of the third quarter of
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Shell Nigeria Says $518 Million Contracts Awarded in 2025
Shell Companies in Nigeria awarded contracts worth $518 million to indigenous companies last year in a big boost to the
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