Tinubu Backs Plan to List NNPC Shares on NGX
President Bola Ahmed Tinubu has indicated that the Federal Government plans to take the Nigerian National Petroleum Company Limited (NNPC ...
Tag: Energy Sector
Oil Firms Remit $6.7bn, ₦1.5tn to NDDC as Arrears Hit $290m
Oil and gas companies operating in Nigeria remitted $6.755 billion and ₦1.529 trillion to the Niger Delta Development Commission (NDDC) ...
Nigeria Targets $50bn Offshore Oil Investment by 2030 Amid Reforms
Nigeria is positioning itself to attract between $30 billion to $50 billion in new offshore oil and gas investments over ...
NNPC Earns N2.28 Trillion Profit in First Half of 2026 as Higher Oil Prices Boost Revenue
Nigeria’s state-owned oil company, the Nigerian National Petroleum Company Limited (NNPC), recorded a profit after tax of N2.275 trillion during ...
Seplat Sells 10% Stake to NNPC in $281.6 Million Deal, Boosts Investor Returns
Seplat Energy Plc has agreed to sell a 10 percent working interest in its joint venture with NNPC Limited for ...
NNPC Records ₦535bn Profit in June Despite Slight Drop in Oil Production
The Nigerian National Petroleum Company Limited (NNPC) reported a strong financial performance in June 2026, posting a profit after tax ...
NNPC Welcomes Over 1,000 Young Professionals After One Year of Training and Assessment
The Nigerian National Petroleum Company Limited (NNPC Ltd) has officially absorbed more than 1,000 young professionals into its workforce after ...
Nigeria’s $2 Billion Renewable Energy Boom Opens New Business Frontiers
Nigeria’s renewable energy sector is gaining remarkable momentum as investors continue to pour billions of dollars into clean energy projects. ...
Dangote Refinery Targets Bigger Fuel Output With Fresh Investment Drive
Nigeria’s largest privately owned refinery is preparing for another major phase of growth after securing fresh investment aimed at expanding ...
Powering Tomorrow: Nigeria’s Energy Sector Is Entering a New Era
Nigeria’s energy sector is at a turning point. For years, the country has struggled with unreliable electricity, high fuel costs, ...
