Blog

Schneider Electric has reaffirmed its deepening contribution to Nigeria’s industrial and energy landscape at its Innovation Day Nigeria 2025 in Lagos, where industry leaders, policymakers, and over 400 stakeholders gathered under the theme “Competitive Advantage Through Automation and Sustainability.”   Ajibola Akindele, the company’s president for English-speaking Africa, highlighted Schneider Electric’s 25-year evolution in the […]

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says crude oil supply to domestic refineries has risen from 20,000 barrels per day in 2023 to 40,000 bpd in 2025. NMDPRA Chief Executive Farouk Ahmed, represented by Director of Legal Services Joseph Tolorunse, disclosed this at the Energy Correspondents Association of Nigeria’s 2025 conference in […]

Nigeria’s longstanding challenge of powering its vast rural population may be entering a new phase as Okra Solar unveils Mesh-grid Beyond, a technology suite aimed at delivering reliable and commercially viable electricity to the country’s 90 million off-grid residents—the world’s largest such population. For years, Nigeria’s rural electrification efforts have struggled under the weight of […]

The House of Representatives has ordered an investigation into oil and gas companies that have failed to remit the mandatory three per cent of their annual operating expenses to the Host Communities Development Trust Fund, as stipulated by the Petroleum Industry Act (PIA). The decision followed a motion by Hon. Hart Cyril Godwin, who accused […]

The Federal Government has signed a concession agreement with Quaint Energy to develop two hydropower projects totaling 8 megawatts (MW) in Oyo and Kogi States. The deal, finalized in Abuja on Wednesday, covers the 6MW Ikere Gorge Hydropower Project in Oyo and the 2MW Omi-Kampe Hydropower Project in Kogi. Minister of Power, Chief Adebayo Adelabu, […]

The Nigerian government has officially suspended the planned 15 % import duty on petrol and diesel, according to a statement from the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA). In its statement, the regulator stated that the implementation of the duty is “no longer in view” and assured the public that adequate supplies of […]

Famfa Oil Limited has officially handed over the Modupe and Folorunso Alakija Medical Multispecialty Healthcare Facility to Osun State University (UNIOSUN), marking a significant milestone in the company’s commitment to advancing healthcare and education in Nigeria. The state-of-the-art medical facility represents Famfa Oil’s dedication to driving sustainable social impact through investment in robust institutions that […]

Aliko Dangote, Chairman of Dangote Industries Limited, has officially signed a landmark investment agreement worth $1 billion with the Government of Zimbabwe. The strategic partnership covers the establishment of a fully integrated cement manufacturing plant, a coal mining operation, and a power generation facility, marking a major milestone in Zimbabwe’s industrial and energy development drive. […]

Nigeria’s upstream sector is set for a fresh investment chapter as the NUPRC declared that the 2025 oil licensing round will officially commence on December 1, 2025. The announcement was made at the Project 1MMBOPD Additional Production Investment Forum in London by NUPRC Chief Executive Gbenga Komolafe, who said the move aligns with the Petroleum […]

Founder of Tavet Motion EV and Nord Automobiles Limited, Oluwatobi Ajayi, has raised serious concerns about what he described as institutional bias and economic sabotage against Nigerian vehicle manufacturers, following a commercial bank’s refusal to finance locally made cars. In a statement shared on X (formerly Twitter), Ajayi narrated how a client in the oil […]