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  • Dangote refinery raises petrol gantry price to N799, as MRS retail pump price increases to N839 per litre
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  • Jake Riley, NCDMB empower 250 youths in Lagos with skills, starter packs across seven vocational sectors
  • REA, Lotus Bank partner to establish standalone DARES financing facility for solar energy developers

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IPHC Nigeria Grace Chapel launches Book Readers’ Club to foster youth development, reduce cyber criminality, combat societal vices
July 15, 2024AdvertorialDocumentaryNewsReview

IPHC Nigeria Grace Chapel launches Book Readers’ Club to foster youth development, reduce cyber criminality, combat societal vices

… targets human capital development, industrial capacity among the youth “The essence of the club is to raise a professional who will shape the future of the World” – Dr. Anyanwu “We want to equip our youth with public speaking…

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Experts warn FG against encouraging anti-competitive practices in oil, gas sector
June 28, 2024DownstreamMidstreamNewsOil & GasReviewSabotageUpstream

Experts warn FG against encouraging anti-competitive practices in oil, gas sector

… recommend regulatory reform, fair pricing, support to ensure success of Dangote Refinery “Dangote refinery too big to fail… If it fails, Nigeria is bound to bear the consequences in long run” Professor Iledare “Corruption permeates government institutions, Dangote must…

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End of era for massive front-loaded oil blocks signature bonuses: Potential gains for Nigeria
June 28, 2024DocumentaryFeatureGasImpactNewsOil & GasReviewUpstream

End of era for massive front-loaded oil blocks signature bonuses: Potential gains for Nigeria

Ibrahim Musa   The Federal Government through the upstream regulator, has slashed signature bonuses to a maximum of $10 million for deepwater assets and $7 million for shallow water and onshore assets, down from around $200 million previously.   The…

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$4.3bn NLNG Train 7 gas project timeline: From groundbreaking to 67% completion
June 18, 2024DocumentaryEnergy TransitionFinanceGasLocal ContentMidstreamNewsReviewTechnology

$4.3bn NLNG Train 7 gas project timeline: From groundbreaking to 67% completion

… accumulates over 45m man-hours between 2021- 2024 without any LTI   Michelle Savage   The Nigeria LNG Limited (NLNG) Train 7 gas project, with a total contract sum of $4.3 billion, began construction in June 2021 and has achieved…

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11 DisCos collect N294.95bn, achieve 73.79% collection efficiency in Q4, 2023 – NERC report
May 28, 2024DistributionFeatureNewsPowerReview

11 DisCos collect N294.95bn, achieve 73.79% collection efficiency in Q4, 2023 – NERC report

.. Ikeja electric, EKEDC, AEDC retain tops DisCos in Q4,2023 collection efficiency … Jos, Yola DisCos hit rock bottom, collection efficiency falls below 50%   Oredola Adeola   The Nigerian Electricity Regulatory Commission (NERC) has released its fourth quarter (Q4,…

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Nigerian musicians rake in N25bn from spotify streams in 2023
May 10, 2024DocumentaryFeatureNewsReview

Nigerian musicians rake in N25bn from spotify streams in 2023

  … streaming royalties soar by 127% year-over-year   Oredola Adeola   This surge in earnings represents a 2,500% rise since 2017, showcasing the substantial growth in revenue for artists from the platform.   It is noteworthy that Spotify is…

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UEF SEForAll grantee connects 140 businesses to stand-alone solar in Ayangburen Market, Lagos
April 27, 2024ConcessionEnergy TransitionImpactNewsPowerRenewablesReview

UEF SEForAll grantee connects 140 businesses to stand-alone solar in Ayangburen Market, Lagos

Oredola Adeola   Solad Integrated Power, a clean energy and technology company, a grantee of the Universal Energy Facility (UEF) under the Sustainable Energy for All (SEForAll) Stand Alone Solar for Productive Use Program (SSPU), has deployed high-capacity solar and…

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Influence of new media on political participation among Nigerian youth
March 20, 2024DocumentaryReviewTechnology

Influence of new media on political participation among Nigerian youth

Afeez Olawoyin The new media provides a platform and mechanisms for the masses to express their opinions whilst exerting influence with respect to political, economic, or other social decisions. Since the return to democratic rule in 1999, political participation has…

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“Dollarisation trend by NPA, NIMASA driving up petroleum products prices – MEMAN warns
March 8, 2024DownstreamImpactNewsOil & GasReview

“Dollarisation trend by NPA, NIMASA driving up petroleum products prices – MEMAN warns

    Oredola Adeola   The Major Energy Marketers Association of Nigeria (MEMAN) has warned against the adverse effects of the prevalent “dollarisation” practice in fee collections by government entities, citing concerns over exchange rate volatility leading to soaring petroleum…

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How customers on estimated billing can claim overbilled energy refunds
February 17, 2024DistributionImpactNewsPowerReview

How customers on estimated billing can claim overbilled energy refunds

    Oredola Adeola The Nigerian Electricity Regulatory Commission (NERC) has provided a portal to empower customers who were overbilled by eleven (11) electricity distribution companies (DisCos) between January and September 2023, to ascertain their energy refund balance.   This…

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