KEY POINTS After nearly 30 years of court battles, political drama and stalled plans, the Federal Government has taken a decisive step on one of Nigeria’s most controversial oil assets …
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In the NewsOil & Gas
Middle East Strikes Disrupt Major Oil and Gas Facilities, Global Energy Prices Soar
KEY POINTS Fresh attacks across the Middle East have forced the shutdown of key oil and gas facilities in Qatar, Saudi Arabia, Iraq, and Israel, sending shockwaves through global energy …
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KEY POINTS Nigeria’s biggest industrial project is preparing for a major financial milestone. The Dangote Group has selected three investment firms to oversee what could become the largest share sale …
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In the News
New CNG Station Launched at Obafemi Awolowo University to Cut Transport Costs and Promote Clean Energy
KEY POINTS The Midstream and Downstream Gas Infrastructure Fund (MDGIF) has officially opened a modern Compressed Natural Gas, CNG, refuelling station at Obafemi Awolowo University in Ile-Ife, marking another move …
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In the NewsOil & Gas
Niger Delta Communities Ask Governors for Share of Oil Funds as New Trusts Take Off
KEY POINTS Oil-producing communities in the Niger Delta have renewed calls for state governors to release part of the 13 percent oil derivation allocation directly to them, saying the funds …
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In the NewsOil & Gas
Investors Eye Northern Boom as NNPC Pushes July 2026 Gas Launch from AKK Pipeline
KEY POINTS The Nigerian National Petroleum Company Limited, NNPC Ltd, is stepping up talks with investors as it prepares to deliver its first gas through a key section of the …
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Energy TransitionIn the NewsOil & Gas
Power Outages Worsen as Gas Shortage Cuts Nigeria’s Electricity Supply
KEY POINTS Nigeria is once again battling widespread power outages, leaving homes, offices, and businesses struggling with unreliable electricity. The situation, according to the Nigerian Independent System Operator, NISO, is …
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KEY POINTS The cost of petrol across Nigeria eased again in January 2026, offering motorists a bit of breathing space after months of high fuel expenses. Fresh figures released by …
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KEY POINTS Nigeria’s flagship crude grade, Bonny Light, is trading around $71 per barrel, slightly down from about $72.30 earlier in the week. Despite the dip, the price remains comfortably …
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Energy TransitionIn the News
Ikeja Electric Warns Traders to Leave Power Line Zones or Face Demolition
KEY POINTS Ikeja Electric Plc has issued a public warning to traders, artisans, and shop owners operating beneath high-voltage electricity lines across Lagos, urging them to vacate immediately or risk …