Author: Mujeedat
Nigeria Expands Frontier Oil Production to Attract Investment, Says AOW Energy CEO
Nigeria’s ongoing reforms in the oil and gas sector are being hailed as a key driver of renewed foreign investment and confidence, particularly in marginal fields, mature assets, and brownfield developments. Paul Sinclair, Chief Executive Officer of AOW:Energy, described Nigeria’s onshore, swamp, and shallow‑water basins as among the most technically rich and commercially attractive in Africa, if not the world, underscoring the country’s growing appeal to global capital. Sinclair said interest in marginal and mature fields is reshaping how nations and investors approach upstream value creation, turning these assets into engines of near‑term production, cashflow, and faster development cycles.…
The Nigerian Content Development and Monitoring Board (NCDMB) has completed a digital skills training programme for 60 youths from the North Central and Southwest zones, aimed at bridging critical skill gaps and improving their employability and entrepreneurial potential. The closing ceremony was held in Abuja and Lagos, with participants receiving industry‑recognised certifications that enhance their chances in the job market and in self‑employment. NCDMB Executive Secretary Engr. Felix Omatsola Ogbe, represented by Acting Manager, Research and Development, Jonathan Njoku, said the initiative supports the Board’s mandate to build local capacity in the oil and gas sector and related industries.…
TotalEnergies is ramping up a broad portfolio of upstream and liquefied natural gas (LNG) projects across Africa, betting on the continent as a primary engine of production growth through 2026 and beyond. The company’s African assets now account for about half of its operated global output and represent its largest area of exploration spending, with several projects moving into active execution and development. In the Republic of Congo, TotalEnergies invested roughly $500 million in 2025 to drill additional wells at the Moho Nord field, aiming to add about 40,000 barrels per day of incremental production. The field already contributes…
President Bola Tinubu has joined the leadership and members of the All Progressives Congress (APC) in celebrating the birthday of the party’s National Publicity Secretary, Barr. Felix Morka, whom he described as a key voice in bridging the party and the Nigerian public. The President extended warm felicitations to Morka, the APC National Executive Council (NEC), the National Working Committee (NWC), and all party members as the APC scribe marks another year in good health. In his message, Tinubu acknowledged Morka’s strong background as a human rights advocate and civil society leader before entering politics, noting that this experience…
Heirs Insurance Group, United Capital Host Wellness and Financial Empowerment Event for Women
Heirs Insurance Group and United Capital Plc have held Yoga and Money Meet Up, an exclusive wellness and financial empowerment event for ambitious women in Lagos, blending guided yoga and stress‑management sessions with expert talks on insurance, investment, and asset protection. The one‑day event underlined the two institutions’ shared commitment to making financial wellness relevant, accessible, and integrated into the everyday lives of Nigerian women. Ifesinachi Okoli‑Okpagu, Chief Marketing Officer at Heirs Insurance Group, stressed the close connection between insurance and personal wellness. She explained that self‑care is not only about physical or mental relaxation but also about making…
Four days into the latest round of peace talks in Islamabad, the United States and Iran have failed to reach a permanent deal to end their six‑week‑old war, leaving the fragile ceasefire on shaky ground. The 21‑hour negotiations concluded on Sunday with both sides blaming each other for the stalemate, raising fears of a return to open hostilities. Vice President JD Vance, who led the US delegation, said no agreement had been reached and bluntly declared it “bad news for Iran much more than it is for the United States.” Still, he left Pakistan with what he described as a…
The Minister of Power, Adebayo Adelabu, will serve as Special Guest of Honour at this year’s ENERGY TIMES Award in Lagos, where he will also receive an award alongside other key figures in Nigeria’s energy sector. The ceremony, organised by the Lagos‑based energy publication, is set to recognise individuals and organisations whose work has significantly shaped the country’s power and oil and gas landscape in 2025. Among the awardees are the Chief Executive Officer of the Association of Power Generating Companies (APGC), Dr. Joy Ogaji, who will receive the Amazon of the Nigerian Power Sector Award for her impact on the Nigeria…
The Centre for the Promotion of Private Enterprise (CPPE) has warned that Nigeria’s economy cannot sustain growth on import‑driven interventions and has urged the government to deepen fiscal reforms while aggressively supporting local production. The Centre argues that no economy can thrive on perpetual imports without building strong domestic industries, especially in energy and agriculture. Muda Yusuf, CPPE’s Chief Executive Officer, described as “deeply troubling” a recent World Bank recommendation for Nigeria to allow more imports of petroleum products and food to ease supply constraints. He said such import‑push policies risk exposing Nigeria to external shocks amid global geopolitical…
Comptroller‑General in charge of Excise, Free Trade Zone and Industrial Incentives, Assistant Comptroller‑General Eghosa Joy Edelduok, held a high‑level stakeholder engagement at the Operational Headquarters of the Oyo/Osun Area Command of the Nigeria Customs Service. The meeting brought together excise traders, factory managers, and key partners to discuss ways to enhance compliance, overcome operational bottlenecks, and boost revenue generation. Speaking at the event, ACG Edelduok lauded excise factories for their key role in the Service’s revenue architecture and expressed appreciation for the stakeholders’ adherence to excise rules. She urged them to maintain their support and partnership, stressing that their continued…
The Nigeria Customs Service (NCS) has joined forces with the Presidential Enabling Business Environment Council (PEBEC) to roll out a targeted reform agenda aimed at boosting port efficiency and strengthening Nigeria’s trade competitiveness. The initiative was unveiled at the opening of a three‑day operational workshop in Apapa on Tuesday, 7 April 2026, themed *“Customs Leadership in Port Efficiency, Inspection Reform and Clearance Timeline.”* In his address, the Comptroller‑General of Customs (CGC), Adewale Adeniyi, outlined a five‑pillar strategy built on joint inspections, risk‑based cargo clearance, better use of scanning infrastructure, strict enforcement of service timelines, and stronger coordination among government agencies.…
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