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  • In the NewsMarketsOil & Gas

    Seplat Posts Record $2.7bn Revenue as Production Surges on Offshore Expansion

    by Oluwatosin Racheal Alabi February 27, 2026
    by Oluwatosin Racheal Alabi February 27, 2026

    KEY POINTS Seplat Energy Plc has reported a major financial leap in its full-year 2025 audited results, with revenue rising by 144.2 percent to 2.726 billion dollars, compared with 1.116 …

  • In the NewsOil & Gas

    FG Launches National Gas Infrastructure Command Centre to Boost Transparency and Gas Production

    by Oluwatosin Racheal Alabi February 27, 2026
    by Oluwatosin Racheal Alabi February 27, 2026

    KEY POINTS The federal government has inaugurated a steering committee and a joint technical working group to oversee the establishment of the National Gas Infrastructure Command Centre, NGCC,in Abuja. The …

  • In the News

    NNPCL’s Stake in Dangote Refinery Defended as Strategic for National Interest

    by Oluwatosin Racheal Alabi February 27, 2026
    by Oluwatosin Racheal Alabi February 27, 2026

    KEY POINTS The deputy spokesperson of the House of Representatives, Philip Agbese, has defended the Nigerian National Petroleum Company Limited’s, NNPCL, 7.25 percent equity in the Dangote Refinery. He described …

  • In the NewsMarketsOil & Gas

    Nigerian Crude Holds Above Budget Benchmark Despite Market Tensions

    by Ikeoluwa Juliana Ogungbangbe February 27, 2026
    by Ikeoluwa Juliana Ogungbangbe February 27, 2026

    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 …

  • Energy TransitionIn the News

    Ikeja Electric Warns Traders to Leave Power Line Zones or Face Demolition

    by Ikeoluwa Juliana Ogungbangbe February 27, 2026
    by Ikeoluwa Juliana Ogungbangbe February 27, 2026

    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 …

  • Energy TransitionIn the News

    AEDC Plans Power Deal with NNPC to Boost Electricity Supply in Abuja

    by Ikeoluwa Juliana Ogungbangbe February 27, 2026
    by Ikeoluwa Juliana Ogungbangbe February 27, 2026

    KEY POINTS Abuja Electricity Distribution Company, AEDC, has announced plans to sign a bilateral electricity agreement with NNPC Limited to improve power delivery across Abuja. The proposed deal would allow …

  • Energy TransitionIn the News

    South Africa Says Power Crisis Easing as Eskom Stabilises Grid

    by Ikeoluwa Juliana Ogungbangbe February 27, 2026
    by Ikeoluwa Juliana Ogungbangbe February 27, 2026

    KEY POINTS Eskom has stabilised South Africa’s electricity system to levels not seen in five years, according to the Department of Electricity, which says the country is no longer in …

  • In the NewsOil & Gas

    Mozambique Emerges as LNG Powerhouse With $50 Billion Megaproject Revival

    by Oluwatosin Racheal Alabi February 26, 2026
    by Oluwatosin Racheal Alabi February 26, 2026

    KEY POINTS Mozambique is rapidly strengthening its position as one of Africa’s most important natural gas producers following the revival of massive liquefied natural gas, LNG, projects on the Afungi …

  • In the NewsOil & Gas

    NNPC Says $22bn Needed to Finish Nigeria Gas Pipelines

    by Oluwatosin Racheal Alabi February 26, 2026
    by Oluwatosin Racheal Alabi February 26, 2026

    KEY POINTS The Nigerian National Petroleum Company Limited, NNPCL, has disclosed that Nigeria needs about 22 billion dollars in fresh investment to complete its planned gas pipeline network, warning that …

  • In the NewsOil & Gas

    NUPRC Targets Full Digitisation to Boost Transparency

    by Oluwatosin Racheal Alabi February 26, 2026
    by Oluwatosin Racheal Alabi February 26, 2026

    KEY POINTS The Nigerian Upstream Petroleum Regulatory Commission, NUPRC, has reaffirmed its commitment to institutional transparency with a pledge to fully digitise internal communications within 60 days, a move the …

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  • Seplat Posts Record $2.7bn Revenue as Production Surges on Offshore Expansion
  • Oil Revenue Probe Paused as Minister asks Lawmakers for More Time
  • FG Launches National Gas Infrastructure Command Centre to Boost Transparency and Gas Production
  • NNPCL’s Stake in Dangote Refinery Defended as Strategic for National Interest
  • Nigerian Crude Holds Above Budget Benchmark Despite Market Tensions

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Nigeria’s Oil Boom: Record Production in September 2023

Seplat Posts Record $2.7bn Revenue as Production Surges on Offshore Expansion
Oil Revenue Probe Paused as Minister asks Lawmakers for More Time

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Seplat Posts Record $2.7bn Revenue as Production Surges on...
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