Archives for ENERGY
NNPC posts N2.27tn half-year profit amid oil price rally
The Nigerian National Petroleum Company Limited recorded a cumulative profit after tax in the first six months of 2026, with higher international crude oil prices triggered by geopolitical tensions in…
NUPRC defends 2025 oil block awards
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has pushed back against criticism of the 2025 oil and gas licensing round. The Commission argued that reports that portrayed the award of…
NPCA Names Maiden Nominees for Nigeria Prize for Creative Arts
BY NGOZI ONYEAKUSI From 98 submissions, 11 documentary entries have advanced in the inaugural edition of the US$20,000 Prize. Sponsored by NLNG, the newly introduced Prize is open to Nigerian…
Education, Not Charity: Why Corporate Nigeria Must Invest Across the Full Value Chain
BY NGOZI ONYEAKUSI Nigeria’s most damaging infrastructure deficit may not be roads, power or ports, but a weak education system producing too few work-ready citizens for an economy seeking to…
NLNG Pays $47.2bn Dividend To Shareholders As Revenue Hits $149.6bn
BY NGOZI ONYEAKUSI Following $ billion revenue generated by the Nigeria LNG Limited, (NLNG), the firm says it has paid shareholders dividend to the tune of $ billion, including the…
Nigeria’s $2bn Renewable Energy Investment Yields Only 76,000 Jobs, REA Flags Local Capacity Gap
BY NGOZI ONYEAKUSI Dr. Abba Aliyu, Managing Director of the Rural Electrification Agency (REA), has disclosed that Nigeria’s renewable energy workforce participation remains significantly low, with the sector generating only…
Nigeria Prize for Literature Unveils 2026 Poetry Longlist; 11 Writers Vie for $100,000
BY NGOZI ONYEAKUSI Eleven outstanding poetry collections have emerged on the longlist of The Nigeria Prize for Literature, selected from 223 received for the competition. The announcement, by the…
Petrol imports jumped 207% to 543m litres in June – NMDPRA
The latest factsheet from the Nigerian Midstream Downstream Petroleum Regulatory Authority (NMDPRA) has revealed that Nigeria imported an estimated 543 million litres of Premium Motor Spirit (PMS), also known as…
NLNG Celebrates Professor Bart Nnaji at 70, Honours His Contribution to Science, Innovation
BY NGOZI ONYEAKUSI NLNG has paid tribute to Professor Bart Nnaji at 70, highlighting his more than two decades of contribution to the governance, credibility and international reach of The…
NNPC slashes operational costs by $3.4b in one year
The Nigerian National Petroleum Company (NNPC) Limited said it has slashed operational costs by $ billion between April 2025 to April 2026. The Group Chief Executive Officer of the Nigerian…
