Much Ado About Christmas Rice By Sola Adebawo The harmattan wind usually carries a certain crispness this time of year in Nigeria, swirling through the streets of towns and villages with a sense of shared anticipation. It is a season where the air feels lighter, thick with the scent of jollof rice, chicken and the […]
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FG Gold, AFC and Afreximbank Achieve Financial Close on US$330 Million Senior Debt Financing for Baomahun Gold Project FG Gold Limited (“FG Gold”) is pleased to announce that it has achieved financial close and the first drawdown on its US$330 million Senior Debt Financing with Africa Finance Corporation (AFC) and the African Export-Import Bank
NNPC Foundation Named Most Responsible Organisation in Africa …Wins Four Other Sustainability Awards at SERAS The Nigerian National Petroleum Company Limited (NNPC Ltd), through its corporate social responsibility arm, NNPC Foundation Limited/Gte, has been named the Overall Winner/Most Responsible Organisation in Africa by SERAS Africa Sustainability Awards at the 19th edition of the Awards which
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Dangote Group Contracts SAIPEM, EIL, others for Fertiliser Expansion in Nigeria, Ethiopia Dangote Group is pleased to announce a series of strategic technical partnerships to support the next phase of expansion of its fertiliser operations in Nigeria, as well as the development of new fertiliser plants in Ethiopia. These collaborations mark a significant step
No Need for Captive Power Plants in Aba Anymore, Says Aba Power MD It no longer makes economic sense for any manufacturing company to set up a power plant to provide electricity for its operations in Aba and its environs in Abia State, according to the Aba Power Managing Director, Ugo Opiegbe. In a
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Dangote partners Honeywell International to boost Refinery capacity to 1.4m bpd Dangote Group is pleased to announce that it has entered a strategic partnership with Honeywell International Inc to support the next phase of expansion of the Dangote Petroleum Refinery. This collaboration will provide advanced technology and services that will enable the refinery to
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Renaissance takes energy security advocacy to Ibadan varsity Renaissance Africa Energy Company Limited has taken its energy security and industrialisation advocacy to the University of Ibadan with a commitment to education, youth empowerment, and community development. Speaking on Friday at the university’s alumni homecoming event, Managing Director and Chief Executive Officer of Renaissance, Tony
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NNPC Limited Declares ₦5.4 Trillion Profit After Tax … As Ojulari Pledges Strategic Investments to Sustain Growth NNPC Limited has announced its financial performance for the full year ended 2024, reporting a Profit After Tax of ₦5.4 trillion on revenue of ₦45.1 trillion. The results, shared during its earnings call with analysts, underscore a year
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NUPRC Announces 2025 Licensing Round The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced the commencement of the 2025 Licensing Round effective December 1, 2025. The Commission Chief Executive (CCE) of the NUPRC, Engineer GbengaKomolafe, made the announcement at the NUPRC’s Project 1MMBOPD Additional Production Investment Forum in London on Tuesday, November 11, 2025. Engineer
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Renaissance CEO urges operational efficiency, talent upskilling at NAPE conference Renaissance Africa Energy Company Limited has called for an urgent overhaul of operational efficiency and accelerated upskilling of Nigeria’s youthful energy workforce to unlock the country’s competitive advantage in the global energy market. Speaking at the 43rd annual international conference of the Nigerian Association of
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