Oil & Gas
Seplat Energy is Redefining Nigeria’s Energy Destiny – Roger Brown, CEO
From landmark acquisitions to digital innovation and ESG leadership, Seplat Energy is transforming Nigeria’s energy landscape and setting new standards for Africa’s indigenous operators, the Company’s Chief Executive Officer, Roger Brown, told Forbes Africa/Penresa team in an interview. Following its landmark acquisition of Mobil Producing Nigeria Unlimited (MPNU) assets, Seplat…
Read More »NLNG boss makes case for gas to replace dirtier fuels to drive energy transition in Africa
The Managing Director and Chief Executive Officer of NLNG, Philia Mshelbila, on Wednesday, called for deliberate efforts for the displacement of dirtier fuels, like biomass, by natural gas to drive energy transition in Africa. Mshelbila made the call during a panel session titled “Diversity of Gas Development Globally” at the…
Read More »Seplat Energy’s Revenue Rises to N1.228 Trillion in 2025 Q1
Seplat Energy PLC, leading Nigerian independent energy Company listed on both the Nigerian Exchange and the London Stock Exchange, has announced its audited results for the three months ended 31 March 2025, recording a revenue of N1.228 trillion for the period from N268.6 billion reported same quarter last year. Its…
Read More »FG Begins Tolling on Abuja-Makurdi Highway, Exempts Security and Diplomatic Vehicles
The Federal Government of Nigeria on Tuesday commenced tolling on the 227.2km Abuja-Keffi-Akwanga-Lafia-Makurdi Highway with the inauguration of the Garaku Toll Plaza. However, certain categories of vehicles, security vehicles, diplomatic cars, ambulances, and tricycles are exempted from the charges. The road is a Public Private Partnership (PPP) project under the…
Read More »Vandals Behind Buguma Wellhead Fire – NNPC Ltd
The Nigerian National Petroleum Company Limited (NNPC Ltd) has attributed the fire at its Buguma Wellhead 008, managed by its subsidiary NNPC Eighteen Operating Ltd (NEOL), to the actions of pipeline vandals attempting to tamper with the Christmas Tree and steal crude oil. Mr. Olufemi Soneye, Chief Corporate Communications Officer…
Read More »FG, states, LGs share N1.424trn revenue for Dec 2024
A total sum of N 1.424 trillion, being Dec. 2024 Federation Account Revenue has been shared to the Federal Government, states, and the Local Government Councils (LGCs). This is according to a statement by Bawa Mokwa, Director, Press and Public Relations, Office of the Accountant General of the Federation (OAGF).…
Read More »Troops neutralized over 10,000 terrorists, seized massive arms cache in 2024 – DHQ
The Defence Headquarters (DHQ) has announced that its troops successfully neutralized 10,937 terrorists and recovered 8,815 weapons, along with 228,004 rounds of ammunition during operations conducted between January and December 2024. The Director of Defence Media Operations, Major General Edward Buba, in a briefing stated that this achievement underscores the…
Read More »NCC to Simplify Data Usage Tracking as Data Depletion Tops Consumer Complaints
The Nigerian Communications Commission (NCC) has announced plans to simplify data usage tracking for telecom consumers to address ongoing concerns about data depletion and billing issues. This initiative was unveiled at the 93rd edition of the Telecom Consumer Parliament (TCP) held on Thursday in Abuja, themed: “Optimising Data Experience: Empowering…
Read More »NATCOMS urges NCC to nullify any tariff hike by telcos
The National Association of Telecoms Subscribers (NATCOMS) has rejected the alleged telecoms tariff hike and called on the Nigerian Communications Commission (NCC) to nullify its approval. NATCOMS made this known in a communiqué issued after its National Exco held an emergency meeting on the planned tariff hike of Telecommunication Services…
Read More »Nigeria: Telecoms operators lament rising operational costs, threaten service shedding without tariff review
The Association of Licensed Telecommunications Operators of Nigeria (ALTON) on Monday said its members would start service shedding, if nothing was done to increase tariff. In a statement in Lagos, the Chairman of ALTON, Mr Gbenga Adebayo, said the Nigerian telecommunications industry was facing a critical challenge that required urgent…
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