Nigeria’s government is planning to sell five power plants under the National Integrated Power Projects (NIPP) for about $1 billion, according to a report by BusinessDay. The move is part …
Nigeria
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Chevron, one of the world’s leading energy companies, has expressed its interest in partnering with Nigeria to unlock further oil and gas potential, tapping into the nation’s “tremendous human capacity”. …
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Nigeria, Africa’s largest oil producer, has seen a significant boost in its crude oil output in December 2023, signaling improved earnings from the vital resource. According to the latest Monthly …
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Nigeria, Africa’s most populous nation and largest economy has long struggled with chronic power shortages that hamper its development and frustrate its citizens. But a new pilot project in Niger …
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Shell, the British energy giant, has agreed to sell its onshore oil and gas business in Nigeria to a consortium of mostly local companies for up to $2.4 billion, ending …
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In the News
Nigeria’s Groundbreaking Dangote Oil Refinery Begins Operations, Aiming to Transform Fuel Production
Africa’s richest individual, Aliko Dangote, marks the inauguration of Nigeria’s groundbreaking oil refinery, poised to redefine the nation’s energy self-sufficiency.
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Lagos, Nigeria – The Lagos Free Trade Zone (LFTZ) has secured a major investment deal that will boost its industrial capacity and create new economic opportunities for the region. The …
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Oil giant Shell is facing a legal battle over an alleged oil spill in the Niger Delta that damaged waterways and farms. The company has appealed a court order to …
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Nigeria, Africa’s largest oil producer, is facing a fuel crisis as oil marketers are unable to import petrol due to pricing and foreign exchange challenges. The situation has raised concerns …
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Nigeria, Africa’s largest oil producer and exporter, has announced an ambitious plan to increase its oil and condensate output to 2.6 million barrels per day (bpd) by 2026, up from …