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HomeEnergy, Oil and Gas

Energy, Oil and Gas

Africa Business News

Dangote Refinery sets ₦5,250 minimum subscription for $1.6bn IPO

September 8, 2026 Nigerian CEO Comments Off on Dangote Refinery sets ₦5,250 minimum subscription for $1.6bn IPO
Dangote Refinery has fixed the minimum subscription for its proposed $1.6bn initial public offering at 10 ordinary shares, equivalent to ₦5,250, as the company moves […]
Energy, Oil and Gas

NDPHC Restores 450MW Alaoji Power Plant After Three-Year Shutdown

May 24, 2026 Nigerian CEO Comments Off on NDPHC Restores 450MW Alaoji Power Plant After Three-Year Shutdown
By Chukwuemeka Nnadi The Niger Delta Power Holding Company (NDPHC) has announced the restoration of the 450-megawatt Alaoji Open Cycle Power Plant in Abia State, […]
Business Insight

FG Targets 2,322 CNG Stations by 2027

May 24, 2026 Nigerian CEO Comments Off on FG Targets 2,322 CNG Stations by 2027
By Tunde Adebayo The Federal Government has announced plans to establish 2,322 Compressed Natural Gas (CNG) stations nationwide by 2027, as part of efforts to […]
Energy, Oil and Gas

Segilola Gold Mine Operator Honoured for Safety, Community Impact

May 23, 2026 Nigerian CEO Comments Off on Segilola Gold Mine Operator Honoured for Safety, Community Impact
By Amina Balogun Segilola Resources Operating Limited (SROL), operator of Nigeria’s first commercial gold mine, has emerged as one of the top winners at the […]
Business Insight

Chinese Investors Eye 51% Stake in Port Harcourt, Warri Refineries

May 23, 2026 Nigerian CEO Comments Off on Chinese Investors Eye 51% Stake in Port Harcourt, Warri Refineries
By Chinedu Okonkwo The Nigerian National Petroleum Company Limited (NNPC Ltd.) is exploring an equity partnership that could see Chinese investors acquire a 51 per […]
Energy, Oil and Gas

Non-oil exports hit record N9.2 trillion in nine months of 2025

December 15, 2025 Nigerian CEO Comments Off on Non-oil exports hit record N9.2 trillion in nine months of 2025
Nigeria’s non-oil exports surged to a record N9.2 trillion in the first nine months of 2025, rising 48% from N6.2 trillion recorded over the same period in […]
Energy, Oil and Gas

NCDMB Applauds Marconi NG EPC for Driving Local Content in Oil and Gas

December 12, 2025 Nigerian CEO Comments Off on NCDMB Applauds Marconi NG EPC for Driving Local Content in Oil and Gas
By Chinedu Okafor, African Business Correspondent The Nigerian Content Development and Monitoring Board (NCDMB) has commended Marconi NG EPC Limited, an indigenous oil and gas […]
Business Insights

Local Refining Boom Slashes Nigeria’s Petrol Imports by N6tn

December 12, 2025 Nigerian CEO Comments Off on Local Refining Boom Slashes Nigeria’s Petrol Imports by N6tn
By Chinedu Okafor | December 12, 2025 Nigeria’s petrol import bill has plunged dramatically in 2025, falling by N6.07 trillion in the first nine months […]
Energy, Oil and Gas

Dangote plans seaport to enhance export of fertilizer, others

July 19, 2025 Nigerian CEO Magazine Comments Off on Dangote plans seaport to enhance export of fertilizer, others
By Udeme Akpan with agency report Africa’s richest person, Alhaji Aliko Dangote, has applied to begin work on a seaport near his fertilizer and oil […]
Energy, Oil and Gas

Why Total Energies’ Q1 2025 profit crashed: What investors should watch

June 14, 2025 Nigerian CEO Magazine Comments Off on Why Total Energies’ Q1 2025 profit crashed: What investors should watch
Total Energies Marketing Nigeria Plc, one of the downstream oil and gas players of the NGX, is off to a rough start in 2025. After […]

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