Bille explosion sparks call for probe into persistent gas leakage, environmental liabilities By Eyo Nsima A woman sustained severe burn injuries following an explosion in Bille Kingdom, Degema Local Government Area of Rivers State, prompting renewed calls for an independent investigation into persistent gas leakage and environmental risks reported by residents in the oil-producing community. […]
AI, live experiences to drive global media industry to $4.2trn by 2030 — PwC By Eyo Nsima Artificial intelligence, digital innovation and growing demand for live and immersive experiences are expected to drive the global entertainment and media industry to $4.2 trillion by 2030, PricewaterhouseCoopers (PwC) has projected. According to PwC’s Global Entertainment & Media
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Petrol depot prices hit N1,950/litre, widen regional price gap By Eyo Nsima Petrol depot prices climbed as high as N1,950 per litre in some parts of Nigeria on Friday, September 4, 2026, as price disparities widened across Lagos, Port Harcourt, Calabar and Warri markets. The latest mid-day price report showed that Sahara Depot in Port
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Angola’s oil turnaround offers Africa a blueprint for energy development — Ayuk By Eyo Nsima Angola’s transformation of its oil and gas industry has demonstrated that disciplined reforms, strong institutions and effective execution can restore investor confidence and attract billions of dollars in new capital, Executive Chairman of the African Energy Chamber, NJ Ayuk, has
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Petrol Prices: Top 10 depots push petrol above N1,290/Litre By Eyo Nsima The price of Premium Motor Spirit (PMS), popularly known as petrol, remained elevated across major Nigerian oil trading centres yesterday, with some depots selling above N1,300 per litre. A mid-day market report for Thursday, September 3, 2026, showed that the highest PMS
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NCDMB PARTICIPATES IN AFRICA OIL WEEK 2026, CHAMPIONS LOCAL CONTENT AND INDUSTRIAL GROWTH The Nigerian Content Development and Monitoring Board (NCDMB) on Tuesday participated actively in the Africa Local Content Programme, a key event at the ongoing Africa Oil Week held in Accra, Ghana. Africa Oil Week (AOW 2026) is a leading international conference, networking, and exhibition programme focused on Africa’s
Civil Society Groups Reject Foreign Aid Bill, Warn of Threat to Civic Space By Eyo Nsima A coalition of civil society organisations under the Action Group on Free Civic Space (AGFCS) has called on the National Assembly to halt moves to enact the Foreign Aid Regulation, Disclosure and Transparency Bill, warning that the proposed legislation
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Ayuk to launch book on Angola’s oil turnaround, reforms September 2 By Eyo Nnsima Executive Chairman of the African Energy Chamber (AEC), NJ Ayuk, is set to launch his latest book, Crude Oil: Power, Turnaround and Transformation in Angola, in Luanda, Angola, on September 2, 2026. The book launch, scheduled for the InterContinental Luanda Miramar
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Top 10 Depots with Highest Petrol Prices as PMS Rises to ₦1,217/Litre By Udeme Akpan Petrol prices at Nigerian depots remained elevated on Friday, with the highest Premium Motor Spirit (PMS) price recorded at ₦1,217 per litre, according to the mid-day depot price report for August 28, 2026. The data showed that Matrix Depot in
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El Niño threatens SADC food, water and energy security By Eyo Nsima The Southern African Development Community (SADC) is bracing for a potentially difficult 2026/27 rainy season, with climate scientists forecasting below-normal rainfall across large parts of the region amid expectations of a strong to very strong El Niño event. The warning is contained in
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