Emmanuel Addeh

NNPC Urges Upstream Stakeholders to Strengthen Corporate Governance Amid Oil Sector Challenges

NNPC's EVP, Udobong Ntia, has called for improved governance, transparency, and efficiency in Nigeria’s upstream oil sector.

4 weeks ago

Crude Oil Prices Fall Over 2% Amid Potential Israel-Lebanon Ceasefire Progress

Oil prices fell over 2% following reports of Israel-Hezbollah ceasefire progress, calming market concerns.

1 month ago

COP29 Sets $1.3trn Climate Finance Goal for Developing Countries by 2035

COP29 has set a historic $1.3trn climate finance goal by 2035, with a $300 billion core target for developing countries.

1 month ago

Dangote Refinery Secures Deal to Supply 28m Litres of Petrol Daily for Domestic Market

Oil marketers have secured a six-month deal with Dangote Refinery to supply 28m litres of petrol daily for domestic consumption.

1 month ago

NNPC Plans High Integrity, Low Security Risk Pipeline Network to Combat Vandalism, Drive Sustainability

NNPC has announced plans for modern pipeline systems with fibre optics, geo-tagging, and private investment financing.

1 month ago

FG Signs Contract for Enugu-Abakaliki-Ogoja Highway

Federal Ministry of Works has signed contract for Enugu-Abakaliki-Ogoja Highway to boost economic corridors and regional cooperation.

1 month ago

Tinubu Launches NEIF to Tackle Nigeria’s Infrastructure Challenges

Tinubu has announced the launch of NEIF to accelerate grants for engineers working to solve Nigeria’s infrastructure challenges.

1 month ago

Governor Mbah: Knowledge Expansion Essential for Genuine Economic Growth

Governor Mbah has stressed that knowledge, not physical assets, drives genuine economic growth and is key to national development progress.

1 month ago

Nigeria’s National Urban Development Policy to Create ‘15-Minute Cities’ for Sustainable Growth, Says Housing Minister

Nigeria’s National Urban Development Policy is set to build self-sufficient, climate-resilient cities, aiming for 70% urban population by 2050.

1 month ago

Nigeria Is Taking Action To Resolve Power Supply Crisis, Says Power Minister Adelabu

Power Minister Adelabu has insisted that Nigeria must move from dialogue to action to resolve its enduring power crisis.

1 month ago

Nigeria Says It Has Hit 1.8 Million Barrels Daily Oil Output, Eyes 2.5 Million by December

ENigeria’s oil production has hit 1.8 million BPD, marking the highest in years, with an ambitious year-end target of 2.5m…

1 month ago

Government Moves To Terminate Julius Berger’s N740bn Abuja-Kano Contract Over Non-Compliance

The federal government has issued a 14-day termination notice to Julius Berger over non-compliance on the N740bn Abuja-Kano road project.

2 months ago

PETROAN Replies Dangote Refinery, Insists It Can Sell Petrol At A Cheaper Price

PETROAN has asserted it can sell petrol cheaper than Dangote Refinery, dismissing claims of importing substandard products.

2 months ago

Nigeria Deploys Drone Surveillance To Curb Oil Theft In Niger Delta, Says Lokpobiri

Nigeria is set to combat oil theft with drone and satellite surveillance, aiming to boost oil production.

2 months ago

TCN Restores Power Supply Through Gombe-Damaturu-Maiduguri Line

TCN has restored power on the Gombe-Damaturu-Maiduguri line, fully operational again after vandalism halted service.

2 months ago

TotalEnergies CEO Applauds NUPRC’s Efforts in Restoring Investor Confidence in Nigeria’s Upstream Sector

TotalEnergies CEO has praised NUPRC's Komolafe for restoring investor confidence, discussing billion-dollar investment and regulatory consent in Nigeria's oil sector.

2 months ago

Nigeria Sets January 28, 2025, as Launch Date for $5 Billion Africa Energy Bank in Abuja

The federal government has set January 28, 2025, as the deadline for the $5 billion Africa Energy Bank's operations.

2 months ago

Umahi Criticises Atiku’s Stance On Lagos-Calabar Highway Project, Accuses Him Of Political Calculations

Works Minister Umahi has alleged that the owners of Landmark are being manipulated by politicians.

8 months ago

UBA Unveils Strategies for Growth and Regulatory Compliance, Considers Rights Issue

UBA's gross earnings surged from N853.2 billion in 2022 to N2.08 trillion by 2023 ending, marking 143% growth.

9 months ago

Transmission Company of Nigeria Highlights Gas Supply Challenges, Vandalism As Causes of Grid Collapses

In 2024 alone, Nigeria's national grid has suffered two known collapses, throwing the entire country into total blackout.

9 months ago