Power minister Adelabu’s 6,000MW target eludes Nigeria
With the year drawing to a close, Nigeria looks set to miss the electricity generation target of 6,000 megawatts set
Read more
FEATURED
Saipem wins $900m contract for Shell’s Bonga North project in Nigeria
Saipem, in consortium with KOA Oil & Gas and AVEON Offshore, has been awarded a new offshore contract by Shell
Read more
Seplat chair buys additional shares after ExxonMobil asset deal
Seplat Energy Chairman Udoma Udo Udoma has bought additional 32,500 ordinary shares of the company. Following this purchase, Udoma now
Read more
Seplat Energy recognised for social impact, human capacity development
Seplat Energy Plc, a major Nigerian independent energy company, has been named Best In Social Impact/Human Capacity Development at the
Read more
Aradel stock soars above listing price on Shell-Renaissance deal
Aradel Holdings shares jumped by the maximum limit of 10 percent on Thursday, a day after the announcement of ministerial
Read more
EXCLUSIVE: Meet successful oil block bidders – seven-months-old firm, ex-student leader, ‘Baba Ijebu’, Abuja businesswoman…
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) unveiled on Wednesday the winners of onshore and deep offshore oil blocks in
Read more
[JUST IN] Dangote refinery cuts petrol price for second time in one month
In what it described as ‘holiday bonanza’, Dangote Petroleum Refinery has reduced the price of its petrol to N899.50 per
Read more
[BREAKING] Nigeria’s statistics bureau says website hacked
The National Bureau of Statistics (NBS) says its website has been hacked. “This is to inform the public that the
Read more
Aradel shares extend gains as Shell-Renaissance deal approved
Shares of Aradel Holdings Plc extended their gains on Wednesday as Shell’s sale of its Nigeria onshore subsidiary to Renaissance
Read more
NNPC’s $1bn ‘just about 5% of our refinery investment’, says Dangote
Dangote Industries has said the $1bn paid by the Nigerian National Petroleum Company is “just about 5% of the investment
Read more