…stood at $51.9 billion at the end of July. He also pointed to developments in the energy sector, digital economy, investment and social protection as indications of a movement from economic stabilisation towards structural transformation. Yilwatda said the focus should now be on translating economic gains into improved…
…with Citibank in the 1980s before building successful businesses, particularly in the energy sector. According to him, his career and business activities had enabled him to develop relationships with people from different walks of life, stressing that personal or business associations should not automatically be interp…
…This project is much more than private capital since it not only adds value to our energy sector, it also has multiplier effects across other sectors and significant impact on our national GDP. Moreover, by giving Nigerians a direct stake in the refinery, it insures against any punitive or rogue governments—and we alwa…
…Consequently, United States President Donald Trump held a White House meeting with energy sector stakeholders on Tuesday to quell the inflationary spiral caused by the escalating conflict in the Gulf region, according to the Financial Times. In Nigeria, domestic fuel prices jumped by between N46 and N100 per litre to b…
…said his time at Nigeria's national oil company gave him a unique perspective on the energy sector that extended beyond professional experienceHis LinkedIn post drew attention from former NNPC workers, including one who served the company for nearly 18 yearsPAY ATTENTION: Mark Legit.ng as a preferred source, and our co…
…Bola Tinubu has signed a series of executive orders aimed at attracting investors to the energy sector.
…of 650,000 barrels of crude oil per day, making it a landmark project in Nigeria's energy sector.LinkedIn users celebrate Respect Augustine's appointmentThe announcement attracted warm responses from colleagues and professionals across the platform.Ahmed Gobir said: "Congratulations Respect. I am so very happy for you.…
…The 24 companies, drawn largely from the banking, consumer goods, industrial goods and energy sectors, have a combined market capitalisation of N117.01 trillion, underscoring the high concentration of value among a relatively small number of companies on the NGX. The market capitalisation of the NGX has risen by N57.14…
…Norway combines high labour-force participation with a strong welfare system and a major energy sector, while Switzerland benefits from a highly skilled workforce, low unemployment and an innovation-driven economy. Turkey, meanwhile, remains at the lower end of the wider comparison. Its labour market continues to be af…
…“The Tinubu administration’s commitment to strengthening investor confidence in the energy sector was further demonstrated through the timely approval of several landmark upstream transactions. Among the most notable approvals was the Renaissance Africa Energy consortium’s acquisition of Shell Petroleum Development Com…
…directed at energy facilities. Tehran had previously warned that strikes against its energy sector would prompt retaliatory measures against oil and gas infrastructure in Saudi Arabia, the United Arab Emirates, Qatar, and Israel. Administration officials emphasized that any meaningful dialogue depends on an immediate c…
…sustain the nation’s fuel supply chain. He said Nigeria was at a critical stage in its energy sector transformation, with increasing domestic refining capacity, changing import patterns and renewed efforts to improve pipeline security and distribution infrastructure. The lawmaker noted that marketers and depot operator…
…At its peak, the Wood Group was worth over £5 billion, undertaking projects in the energy sector across the globe. Sir Ian, who stepped down as chairman of the group in 2012, received his knighthood in 1994 for contributions to the oil and gas sector. He was subsequently appointed a member of the Order of the Thistle,…
…for expanded job opportunities for its citizens in Qatar and stronger cooperation in the energy sector, following high-level diplomatic engagements in Doha on Sunday. Nigeria’s Ambassador to Qatar, Mahmood Yakubu, held separate meetings with Qatari government officials and leadership of the Gas Exporting Countries Foru…
…to improve accountability. Industry sees missed opportunities Operators in Nigeria’s energy sector also believe methane waste represents a major economic opportunity. Managing Director of Excella-U Energy Limited, Engr. Oseagah Solomon, described Nigeria as a country “not short of gas but short of the will to capture i…
…rather than a lack of policies, was the main barrier to transforming the country’s energy sector. They argued that although Nigeria has developed several energy policies over the years, poor execution, regulatory uncertainty, and insufficient investment continue to undermine efforts to ensure a reliable electricity sup…
…military targets.The latest strikes come as Ukraine intensifies attacks on Russia's energy sector, a campaign that has contributed to fuel shortages across much of the country. The report says almost 90 per cent of Russian regions have experienced fuel supply disruptions since June, with long queues at petrol stations…
…the pool of skilled Nigerian professionals required to drive growth in the country’s energy sector.
…Energy for All, Damilola Ogunbiyi, examined the development of Nigeria's off-grid energy sector over the past decade and the partnerships required to expand energy access across Africa. Drawing on years of collaboration with All On, Ogunbiyi highlighted the role of institutions that build markets, strengthen businesses…
…2021, which had overhauled the governance, regulatory, and fiscal architecture of the energy sector. The minister said that by replacing ambiguity with transparent, commercially driven, and investor-friendly frameworks, the PIA had enhanced regulatory certainty. He said the country had established a stable, competitive…
…Limited and has previously held senior leadership positions across the financial and energy sectors. PUNCH Online earlier reported that shareholders of the Nigerian Aviation Handling Company Plc commended the board and management of the ground-handling group for its impressive performance and sustained improvements in…