The House of Representatives Public Accounts Committee (PAC) has successfully recovered an additional $14.2 million (N21.4 billion) from four oil and gas companies as part of its ongoing investigation... Continue

In a significant development for Africa’s energy sector, Nigeria, Angola and Ghana have fulfilled their capital commitments toward establishing the Africa Energy Bank (AEB). This milestone represents 44% of... Continue

President Bola Ahmed Tinubu has approved a sweeping reconstitution of the Nigerian National Petroleum Company (NNPC) Limited board, removing the chairman, Chief Pius Akinyelure and the group chief executive... Continue

AfrexInsure, the wholly-owned Specialty Insurance Subsidiary of African Export-Import Bank (“Afreximbank” or the “Bank”), has announced its onboarding of Oando PLC as one of its strategic clients, further strengthening... Continue

Seplat Energy, a leading indigenous energy company, reaffirmed its commitment to community engagement and sports development as the headline sponsor of the 6th edition of the prestigious Orodje of... Continue

The Nigerian National Petroleum Company Limited (NNPCL) has hinted that it is now at the final stage of getting listed in the capital market in accordance with the provisions... Continue