Category: Newsroom

In a landmark gathering underscoring Africa’s bold pivot toward reliable, clean baseload energy, leaders, policymakers, financiers, and global nuclear experts have assembled in Kigali, Rwanda, for the second edition of the Nuclear Energy Innovation Summit for Africa (NEISA 2026). Held from May 18–21, 2026, at the Kigali Convention Centre, the high-level summit—hosted by President Paul […]

A fresh legal showdown is intensifying in Nigeria’s downstream petroleum sector as major fuel marketers and depot owners vigorously oppose a new lawsuit by the Dangote Petroleum Refinery seeking to block import licences for petroleum products. The dispute underscores the delicate national balancing act between nurturing Africa’s largest refinery for energy independence and safeguarding supply […]

In a notable stride for Africa’s largest oil producer, Nigeria achieved 99.2% compliance with its OPEC crude oil production quota in April 2026, averaging 1.49 million barrels per day (bpd). According to data from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), the country produced an average of 1,488,540 barrels of crude oil daily, narrowly missing […]

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has issued a strong call for collaborative, cross-sector action to resolve longstanding constraints in the gas-to-power value chain, as Nigeria continues to grapple with chronic electricity shortages despite vast natural gas reserves. NUPRC Commission Chief Executive Oritsemeyiwa Eyesan made the appeal on Thursday during her goodwill message at […]

The Federal Government of Nigeria on Tuesday commissioned the Siemens Energy Education and Development (SEED) training facility in Abeokuta, Ogun State, under the Presidential Power Initiative (PPI), marking a significant milestone in efforts to address critical skills gaps in the nation’s electricity sector. The state-of-the-art centre is designed to train no fewer than 6,000 energy […]

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced a major boost to the country’s petroleum sector, securing $18.2 billion in investment commitments through 28 newly approved Field Development Plans (FDPs) in 2025. These projects are projected to unlock 1.4 billion barrels of oil and 5.4 trillion cubic feet (TCF) of gas, significantly advancing Nigeria’s […]

The Nigerian Independent System Operator (NISO) has sounded a strong alarm over rampant electricity theft along the critical Ikorodu-Sagamu 132kV double-circuit transmission corridor, which spans Lagos and Ogun states, revealing that approximately 180 megawatts (MW) of power is being lost to large customers through illegal practices. Engr. Abdu Mohammed Bello (also referred to as Abdu […]

Nigeria’s Minister of Foreign Affairs, Ambassador Bianca Odumegwu-Ojukwu, held a strategic telephone conversation with her Moroccan counterpart, Minister Nasser Bourita, to accelerate the ambitious Nigeria-Morocco Gas Pipeline project, a flagship initiative designed to transform regional energy security and economic integration across West Africa. The discussion, which took place on Friday, May 8, 2026, focused on […]

Nigeria has recorded a significant recovery in its oil sector, adding approximately 400,000 barrels per day (bpd) of production since 2023 through targeted reforms, improved security in the Niger Delta, and enhanced infrastructure.  According to reports from the Office of the Special Adviser to the President on Energy, onshore output has surged to around 1.6 […]

The Federal Government of Nigeria has rolled out a landmark ₦4 trillion bond programme aimed at settling long-standing debts owed to power generation companies (GenCos) and gas suppliers, in a decisive push to restore liquidity, stabilise the national grid, and boost electricity generation capacity.  Approved by President Bola Ahmed Tinubu and endorsed by the Federal […]