Concerned experts in the petroleum industry have raised concerns over the irregularity in the recent reconstitution of the Nigerian National Petroleum Company Limited (NNPC Ltd) Board, citing non-compliance with the... Continue

BY BALA MOHAMMED The recent overhaul of the NNPC Limited board and management by President Bola Ahmed Tinubu is not merely an administrative reshuffle—it is a decisive intervention in... Continue

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