Tag: Energy Sector

ExxonMobil has described the Bosi gas project as Nigeria's toughest deepwater bet, citing technical complexity, high capital requirements, and challenging ...

Nigeria's electricity, gas, steam, and air conditioning supply sector contributed N62.12 billion in Company Income Tax (CIT) in 2025, down ...

African startups raised more than $711 million across over 80 disclosed deals in the first quarter of 2026, according to ...

Nigeria is accelerating oil production by slashing approval timelines for well permits from several weeks to just hours, as global ...

Transnational Corporation Plc (Transcorp) has reached a significant milestone in resolving its long-standing power receivables, securing multi-billion naira debt settlement ...

The Crude Oil Refinery-owners Association of Nigeria (CORAN) has said modular refineries in the country can supply more than 10 ...

Oando Plc has officially commenced the second phase of its stock dividend distribution, a strategic move that involves the issuance ...

The Nigerian National Petroleum Company Limited (NNPC Ltd) has unveiled plans to increase Nigeria’s gas supply by an additional 1.8 ...

The Nigerian National Petroleum Company Limited injected an estimated N13.2tn into the country’s three state-owned refineries between 2023 and 2024, ...

Tanzania and Russia have committed to a significant expansion of bilateral cooperation following high-level diplomatic talks in Moscow, signaling a ...