NNPC Rejects Bullying Claims Over Omotowa's Exit
NNPC Ltd and industry analysts dismiss reports linking Engr. Seyi Omotowa's resignation to internal bullying, calling it a routine corporate transition. Read the full details.
Category : Search result: Nigeria oil company
Anambra community protests 10 years of neglect by oil firm
Residents of Ogwu Ikpele in Anambra block oil company SPEECO, citing a decade of unfulfilled promises, environmental damage, and lack of basic amenities. Read their full demands.
Abuja Disco Restructures into HoldCo, Unveils New Subsidiaries
Abuja Electricity Distribution Plc (AEDC) has restructured into a Holding Company, creating Niger and Kogi DisCos to comply with the 2023 Electricity Act. Read about the new leadership and strategic goals.
Woman Cries as Blank Cheque Amount is Multiplied by 5
A Nigerian woman was left in tears after a company's incredible act of generosity. She received a blank cheque, and they later multiplied the amount by five. The full story of this heartwarming mystery.
NNPCL Boss: Company is Reliable Engine of Economic Growth
NNPCL GCEO Bayo Ojulari declares the state oil firm a reliable engine for Nigeria's economy, citing record production and key infrastructure milestones. Read his full vision for 2026.
EEDC Gives 25% Discount on Unpaid Electricity Bills
Enugu Electricity Distribution Company launches a debt relief scheme, offering up to 25% discount on arrears incurred before Dec 2022. Learn how to qualify and settle your bills.
Nigeria's Oil Production Falls as FG Sets Strict Bid Terms
Nigeria's crude oil production fell in December 2025, lagging behind OPEC peers. The FG announces strict terms for the 2025 bid round, ending licence speculation. Read the full analysis.
SAIPEC 2026 to Spotlight Nigeria's Oil Licensing Round
The 10th Sub Saharan Africa International Petroleum Exhibition and Conference (SAIPEC) will focus on Nigeria's oil licensing round. Key speakers from across Africa confirmed for the Lagos event in February 2026. Read more for details.
US Billionaire Invests $11.8M in Nigerian Security Drone Firm
Terra Industries secures major funding from US billionaire Joe Lonsdale and global investors to expand African defence manufacturing and combat cross-border insecurity with local tech.
Calabar Communities Endure 6-Month Blackout, Plead for Help
Residents of Ikpai Ohom and Big Qua Town in Calabar face six months of darkness after a faulty 1968 transformer was removed. They accuse PHED of inaction and appeal to Governor Bassey Otu for urgent intervention.
PHEDC Denies Meter Sales Amid Calabar Extortion Claims
Residents in Calabar report paying up to N45,000 for prepaid meters, which PHEDC insists are free. Company blames wiring costs, warns against extortion. Full report.
Complete Guide to LLC Registration in Nigeria 2026
Everything Nigerian entrepreneurs need to know about registering an LLC in 2026: benefits, costs, step-by-step CAC process, and key considerations for business growth and legal protection.
Eterna Plc Opens N21.52bn Rights Issue
Eterna Plc has opened a N21.52 billion rights issue to fund its downstream expansion and strengthen its balance sheet. The offer closes on February 18, 2026. Read the full details.
FG Sacks Director Over Fraudulent Road Certificates
Federal Government sanctions Ministry of Works director for issuing fake certificates, delays on Maraba-Keffi road. Contractor gets Feb 28, 2026 deadline. Read full details.
Trump Pitches Venezuela Oil to US Majors, Faces Doubts
US President Trump urges oil executives to invest in Venezuela's vast reserves post-Maduro capture, promising security. CEOs remain wary, citing past seizures and calling the nation 'uninvestable'.
Venezuela Oil Ships Head to US as Storage Nears Capacity
Three Chevron-chartered tankers are transporting Venezuelan crude to the US, as sanctions cause a major storage buildup. Get the latest on the oil shipments and the looming capacity crisis.
US to Control Venezuela Oil Sales Indefinitely
US Energy Secretary Chris Wright declares indefinite US control over Venezuelan oil sales, aiming to revive production with billions in investment. Details on the plan and its implications.
Trump's 18-Month Plan for US Oil in Venezuela
US President Donald Trump outlines a timeline for American oil companies to expand operations in Venezuela within 18 months, following the capture of Nicolas Maduro. Details inside.
US Venezuela Oil Plan Poses Risk to Nigeria's 2026 Budget
Experts warn that US efforts to revive Venezuela's oil industry could destabilise Nigeria's 2026 budget, which relies heavily on uncertain oil earnings. Discover the potential impact and calls for diversification.
Nigeria's N58tr Budget Faces $10bn Hole from Venezuela Crisis
Political upheaval in Venezuela could flood oil markets, slashing prices and creating a $10 billion shortfall in Nigeria's 2026 budget. Experts warn of severe fiscal strain and pressure on the Naira. Read the full analysis.
Venezuela Crisis Puts Nigeria's N58tr Budget at Risk
Geopolitical shifts in Venezuela could crash oil prices, threatening Nigeria's N58.18 trillion 2026 spending plan and naira stability. Experts warn of a potential $10.24 billion revenue shortfall.
US Venezuela Action Poses Oil Price Risk to Nigeria - Expert
Economist Kalu Aja warns US intervention in Venezuela may flood oil market, pressuring prices and jeopardising Nigeria's $64 per barrel 2026 budget benchmark. Read the full analysis.
Nigeria's Oil Sector Wins in 2025, Says Minister Lokpobiri
Minister Heineken Lokpobiri declares 2025 a successful year for Nigeria's oil sector, driven by reforms, new investments, and strengthened local content. Read the full report on the industry's progress and 2026 outlook.
Dangote Refinery Exports to Ghana May Decline
Ghana's Tema Oil Refinery is back online after years of inactivity, operating at 28,000 bpd. This could reduce its reliance on imports from Nigeria's Dangote Refinery, its top 2025 supplier. Explore the shifting energy dynamics in West Africa.
NNPC Scores Zero in ICPC 2025 Anti-Corruption Assessment
Nigeria's NNPC scored zero in ICPC's 2025 Ethics and Integrity Scorecard, ranking last among 357 agencies. This shock result raises major governance concerns despite the oil company's recent profit announcements.
NNPC Profit Hits N5.4tn as Directors' Pay Soars 58%
NNPC Limited reports record N5.4 trillion profit while directors' fees jump to N4.1 billion. Zero staff resignations in 2024 as administrative costs surge. Read the full analysis.
Ohanaeze Launches N85m Igbo Cultural Renaissance Drive
Ohanaeze Ndigbo announces N35m for Igbo studies chairs & N50m for new development bodies. New Enugu HQ nears completion. Leaders call for unity and global cultural projection.
Nigeria ships 33.2m barrels of crude to U.S. in eight months
Nigeria strengthens its role as the top African crude oil supplier to the United States, exporting 33.23 million barrels worth $2.57 billion from January to August 2025. Discover the economic impact and the role of Dangote Refinery.
Indigenous Firms Control 50% of Nigeria's Oil, Gas Output
The Independent Petroleum Producers Group (IPPG) announces indigenous firms now account for over 50% of Nigeria's crude oil and gas production. Discover the impact on energy security and sector growth.
Heirs Energies Gets $750m Afreximbank Financing
Heirs Energies secures a landmark $750 million financing from Afreximbank, marking a major vote of confidence in Nigeria's indigenous energy sector. Read the full story.
Page 1 of 4