Energy

Yari Steps In With Personal Funds to Settle Geregu Bond Obligation

ABUJA — Chairman of the Board of Directors of Geregu Power Plc, Senator Abdul’aziz Abubakar Yari, has personally committed funds to address the company’s...
Akeem Adebayo -
Energy

Eyesan Urges Nigeria to Upskill Workforce for New Offshore Opportunities

WARRI — Nigeria must urgently strengthen and upskill its oil and gas workforce if the country is to maximise the investment and employment opportunities...
Akeem Adebayo -
Energy

Shell Pledges Safer Operations as Contractors Sign Leadership Charter

Shell has renewed its commitment to strengthening safety across its operations in Nigeria, as the company brought together chief executives of contracting firms for...
Akeem Adebayo -
Energy

Tinubu’s Offshore Order Could Add 1m bpd, Unlock $50bn Investment

ABUJA — President Bola Ahmed Tinubu’s Deep Offshore Oil and Gas Project Incentives (Tax Remission) Executive Order 2026 could unlock about $50 billion in...
Akeem Adebayo -
Energy

NERC Hands Electricity Regulation in Akwa Ibom to State Commission

The Nigerian Electricity Regulatory Commission (NERC) has transferred regulatory oversight of the electricity market in Akwa Ibom State to the Akwa Ibom State Electricity...
Akeem Adebayo -
Energy

Nigeria Boosts Lagos Power Supply with New 100MVA Transformer

The Federal Government on Monday commissioned a new 100MVA, 132/33kV power transformer at the Alausa Transmission Substation in Lagos, significantly expanding electricity capacity in...
Akeem Adebayo -
Energy

NUPRC Plans Crude Oil Swap to Boost Supply to Nigerian Refineries

ABUJA — The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) is exploring a crude oil and gas swap arrangement that could reduce supply costs and...
Akeem Adebayo -
Energy

Nigeria Hits 1.67m bpd, Meets OPEC Quota for Third Straight Month

ABUJA — Nigeria has met and exceeded its OPEC production quota for the third consecutive month, with crude oil and condensate output reaching 1.67...
Akeem Adebayo -
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SDP Hails Falae at 88, Celebrates ‘Unblemished’ Record

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2027: Wike Banks on Tinubu’s Projects to Deliver FCT to APC

  Minister of the Federal Capital Territory (FCT), Barr. Nyesom Wike, has declared that the infrastructure projects being delivered by...
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Nigeria, US Seal $700bn Mineral Investment Deal

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SDP Hails Falae at 88, Celebrates ‘Unblemished’ Record

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