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Nestoil Limited, a leading indigenous oil-and-gas engineering and services company in Nigeria, has confirmed that its operations remain unaffected despite the sealing of its corporate headquarters in Lagos. What Happened A Federal High Court in Lagos issued a Mareva injunction on October 22, 2025, ordering the freezing of the company’s assets linked to alleged unpaid […]

President Bola Ahmed Tinubu has approved a 15% ad-valorem import duty on crude oil products—specifically diesel and premium motor spirit (PMS, commonly called petrol). Key Details The approval was communicated in a letter dated October 21, 2025, addressed to the Federal Inland Revenue Service (FIRS) and the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA). […]

In a electrifying move that’s sending shockwaves through Africa’s automotive landscape, Nord Motion, the trailblazing Nigerian automobile corporation, has unveiled Tavet—a bold new subsidiary poised to spearhead the nation’s charge into electric mobility. Announced just five days ago on October 23, Tavet isn’t merely a brand refresh; it’s a comprehensive ecosystem engineered to assemble, manufacture, […]

United Bank for Africa (UBA) Plc, in partnership with Renewvia Solar Nigeria Limited and Norwegian-based investment arm Empower New Energy, has announced the commissioning of solar-plus-storage systems across 25 UBA branches in five Nigerian states. The initiative, unveiled at the UBA Oba Akran 2 branch in Lagos, was officially launched by Norway’s Ambassador to Nigeria, […]

The Nigerian Content Development and Monitoring Board (NCDMB) has announced a major human-capital initiative aimed at training more than 10,000 Nigerians in in-demand technical and professional skills for the oil and gas sector. The programme, named the “Oil and Gas Field Readiness Training Programme,” is designed to bridge critical skill gaps identified in the industry, […]

In an era where authenticity fuels influence and trust drives conversion, Koyin Sanusi stands out as one of the Top 5 Nigerian Recommended Brand Influencers for Renewable Energy Companies in 2026, as identified by the Africa Energy Sector Influencer Survey. Emerging from the spotlight of new-age fame, Koyin has quickly evolved into one of Nigeria’s […]

Nigeria’s Dangote Petroleum Refinery has announced plans to more than double its production capacity—from 650,000 barrels per day (bpd) to 1.4 million bpd—within the next three years, a move that would make it the largest refinery in the world. Aliko Dangote, President of Dangote Industries Ltd, confirmed the expansion at a briefing in Lagos, emphasising […]

In a rapidly changing digital landscape where influence drives innovation, five standout personalities have emerged as the new champions of brand storytelling — Dede, Kola, Imisi, Faith, and Koyin. They may be new to fame, but their impact is undeniable. With some of the most loyal fanbases in Africa, these dynamic voices are reshaping how […]

Lagos State has launched Omi Eko, a €410 million initiative to transform the city’s waterways into a cleaner, safer and smarter transport network. Backed by the European Union, the European Investment Bank and the Agence Française de Développement, the project aims to reposition Lagos’ inland waterways as a core pillar of urban mobility and the […]

Nigeria’s Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, has emerged as the President of the 2026 Gas Exporting Countries Forum (GECF) Ministerial Meeting, a significant milestone that reinforces Nigeria’s leadership in global gas diplomacy. The announcement was made during the 27th Ministerial Meeting of the GECF held in Doha, Qatar. Ekpo’s appointment reflects […]