Energy

Tinubu Approves Deep Offshore Framework to Unlock $50bn Investment

ABUJA — President Bola Ahmed Tinubu has approved a new Deep Offshore Investment Framework designed to unlock up to US$50 billion in new investment...
Akeem Adebayo -
Energy

NUPRC Seeks Unified West African Oil Market as Nigeria Boosts Production

ABUJA — The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has called for an integrated West African crude oil market and harmonised regulations across the...
Akeem Adebayo -
Energy

NUPRC Warns Nigerians Over Fake AI-Generated Recruitment Letters

ABUJA — The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has warned Nigerians against falling victim to a recruitment scam involving fake and artificial intelligence-generated...
Akeem Adebayo -
Energy

PENGASSAN: Nigeria’s Refineries Shut Over Losses, Not Failure to Produce

ABUJA — Nigeria’s state-owned refineries were shut down because their operations were commercially unviable, not because they had completely stopped producing petroleum products, outgoing...
Toyin Adebayo -
Energy

NERC Removes Kaduna DisCo Board Over N456.5bn Debt, Names Interim Team

ABUJA — The Nigerian Electricity Regulatory Commission (NERC) has dissolved the board of Kaduna Electricity Distribution Company (KAEDC) and appointed an interim management team...
Toyin Adebayo -
Energy

NUPRC Records 97.4% DCSO Performance in Q2

ABUJA — The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) recorded a 97.4 percent performance under the Domestic Crude Supply Obligation (DCSO) in the second...
Akeem Adebayo -
Energy

Power Outage Probe Uncovers Dead Vandal at Collapsed Delta Tower

An investigation into a power outage on the Ughelli–Benin 330kV transmission line has led to the discovery of a suspected vandal crushed beneath a...
Akeem Adebayo -
Energy

Nigeria Targets $30bn–$50bn from 22 Offshore Oil Projects — NUPRC

Nigeria is projecting between $30 billion and $50 billion in investments from 22 major offshore oil and gas projects expected between 2026 and 2030,...
Akeem Adebayo -
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SDP Hails Falae at 88, Celebrates ‘Unblemished’ Record

  The Social Democratic Party (SDP) has rolled out the drums to celebrate its pioneer National Chairman and elder statesman,...
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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

  Nigeria and the United States have signed a framework agreement to deepen American investment in Nigeria’s mining sector and...

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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

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