Abuja: President Bola Tinubu has appointed Fola Adeola, co-founder of Guaranty Trust Bank, to chair a new Presidential Petroleum Reform and Value Optimisation Task Force tasked with unlocking up to …
EnergyTransformation
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Abuja: The NNPC E&P Limited (NEPL), the flagship upstream subsidiary of NNPC Ltd., has on Dec. 1, 2025, achieved a record production level of 355,000 barrels of oil per day …
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President Bola Tinubu has pledged unwavering support for the Presidential Power Initiative (PPI), assuring Siemens Energy of Nigeria of the country’s full commitment to transforming its electricity landscape. At a …
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Abu Dhabi: The Nigerian National Petroleum Company (NNPC) has intensified its transformation efforts in preparation for a landmark Initial Public Offering (IPO). Under its “Fit for the Future” strategy, NNPC …
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Energy
NNPC Ltd: Nigeria’s Downstream Sector Undergoing Major Transformation
by Toye Faleyeby Toye FaleyeLagos: Dr Mumuni Dagazau, Executive Vice President (EVP) of Downstream, NNPC Ltd., says the nation’s downstream oil and gas sector is undergoing a transformation driven by deregulation, foreign exchange reforms, …
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Features/News Analyses
FG’s DEBT COMMITTEE—A Lifeline or Another Band-Aid for Nigeria’s Power Sector?
For Nigeria’s electricity generation companies (GenCos), the past decade has been a test of endurance. Despite being owed billions of naira, they’ve kept the turbines spinning, the engineers working, and …
