FG Awards 25-Year Gas Distribution Licenses to Expand Domestic Energy Supply The Federal Government has issued 25-year gas distribution licenses to multiple companies, covering 10 franchise areas across Lagos, Ibadan, Port Harcourt, and Benin. The move aims to strengthen Nigeria’s domestic gas infrastructure by facilitating the establishment, construction, and operation of gas distribution networks. The…
Nigeria Commits to Net-Zero by 2060 with Bold Renewable Energy Drive ABUJA, Nigeria – The Nigerian government has reaffirmed its commitment to achieving net-zero emissions by 2060, unveiling strategic policies and partnerships to accelerate the adoption of renewable energy. This pledge was reinforced at the Nigeria Climate Change Forum, hosted by the Federal Ministry of…
Nigeria Aims to Cut Port Costs by 25% with National Single Window Initiative LAGOS, Nigeria – The Nigerian government has unveiled an ambitious plan to slash port operational costs by 25% through the implementation of the National Single Window (NSW) initiative, a digital platform designed to streamline port operations and enhance trade efficiency. Speaking at…
Ritchie Wingo Appointed as Group Managing Director of Still Earth Holdings Still Earth Holdings ushers in a transformative phase with the appointment of Ritchie Wingo as the Group Managing Director. With over 25 years of experience spanning international oil and gas operations and mastery in information technology, Wingo brings unparalleled expertise to the conglomerate. His…
NIES 2025 International Session to Unlock Africa’s Energy Future through FDI The Nigeria International Energy Summit (NIES) 2025 will host a groundbreaking session titled “Driving Cross-Continental Investments: Scaling Africa’s Energy Frontier.” This International Panel, set to take place from February 24th to 27th, 2025, in Abuja, Nigeria, aims to highlight the transformative role of Foreign…
Lekoil Commits to Oil and Gas Investment, Jobs Creation in Akwa Ibom Lekoil Nigeria Limited, led by its CEO, Lekan Akinyanmi, has pledged to contribute to Akwa Ibom State’s development through responsible oil and gas operations, job creation, and community growth. This commitment aligns with the state’s ARISE Agenda, championed by Governor Umo Eno, which…
MicCom Ventures into High Voltage Cable Production to Boost Nigeria’s Energy Manufacturing Capacity Mrs. Bukola Adubi, President of CAMAN, flanked by Dr. Doyle Edeni, Group Managing Director & Chief Executive Officer, Blue Seal Energy Group Inc; Paul Clement Pankes, Group Head – Chemical Technology, Standards Organisation of Nigeria (SON), and Wole Ogunsanya, Chairman of PETAN,…
NIMC Partners with RH-NHGSF to Enhance School Feeding Program with Digital Integration The National Identity Management Commission (NIMC) has entered into a strategic partnership with the Renewed Hope National Home Grown School Feeding (RH-NHGSF) Programme to support the Federal Government of Nigeria’s efforts to provide effective school feeding. This collaboration aligns with President Bola Ahmed…
Trump Administration Freezes Department of Energy’s $50 Billion Budget Amid Policy Review In a significant policy shift, the Trump administration has frozen the Department of Energy’s (DOE) $50 billion budget as part of a comprehensive review to align the agency’s activities with its energy priorities. According to a memo from acting Energy Secretary Ingrid Kolb,…
Saudi Oil Giant Aramco Acquires Its First U.S. WTI Midland Crude Cargo In a significant development for the global oil market, Saudi Aramco, the world’s largest oil company and leading crude exporter, has acquired its first cargo of U.S. WTI Midland crude oil. This purchase, reported by S&P Global Commodity Insights, marks Aramco’s entry into…
