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Dangote Refinery raises $2.5 billion in Africa's largest private equity placement

Nigeria, July 23 -- Dangote Petroleum Refinery and Petrochemicals has raised approximately $2.5 billion in fresh equity after successfully concluding a private placement that was 3.7 times oversubscri... Read More


Nigeria's solar boom bypasses national grid as utility-scale investment stalls - Report

Nigeria, July 23 -- Nigeria has emerged as sub-Saharan Africa's fastest-growing market for small-scale solar systems, but weak investment in utility-scale renewable energy projects is preventing the c... Read More


BREAKING: 31 firms win 37 oil, gas blocks in Nigeria's 2025 Licensing Round

Nigeria, July 22 -- Thirty-one companies have emerged winners of 37 oil and gas blocks in Nigeria's 2025 Licensing Round following the conclusion of the commercial bid conference held in Abuja on Tues... Read More


PHOTO STORY: Firms begin commercial bidding for Nigeria's deep offshore, shallow water oil assets

Nigeria, July 21 -- Nearly 150 companies on Tuesday began the commercial bidding process for Nigeria's oil and gas assets at the Commercial Bid Conference organised by the Nigerian Upstream Petroleum ... Read More


JUST IN: Nigeria returns 13 oil blocks after 196 firms qualify for commercial bid

Nigeria, July 21 -- The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced that 196 companies have qualified for the commercial bid stage of the 2025 oil licensing round, whilst 1... Read More


Energy expert urges FG to divest from its four refineries

Nigeria, July 6 -- Energy expert Dan Kunjle has urged the federal government to privatise the four state-owned refineries operated by the Nigerian National Petroleum Company Limited (NNPCL). Mr Kunle... Read More


Group urges FG to scale up clean cooking to achieve climate targets

Nigeria, July 3 -- The African Group of Negotiators Experts Support (AGNES) has urged the Nigerian government to accelerate the nationwide implementation of clean cooking initiatives. The call was mad... Read More


WFP seeks $89 million to address worsening hunger affecting Nigerians

Nigeria, July 2 -- The United Nations World Food Programme (WFP) has warned that Nigeria's food security crisis is deteriorating more rapidly than previously projected, with escalating conflict and dw... Read More


FG to address gas contamination in Niger Delta community

Nigeria, July 2 -- The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says preliminary assessments have shown that the first aquifer in Bille Community, Degema Local Government Area of Rive... Read More


EXCLUSIVE: EFCC charges former Port Harcourt, Warri refinery MDs with money laundering

Nigeria, June 29 -- The Economic and Financial Crimes Commission (EFCC) has charged the immediate past Managing Director of the Port Harcourt Refining Company (PHRC), Ahmed Adamu Dikko, and his counte... Read More