Oil & Gas
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₦210 Trillion Mirage: How Audit Queries Turned NNPC Into Nigeria’s Courtroom and Casualty
NNPCL is not just another government agency. It is the one institution that can crash Nigeria’s economy with a press…
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Senate Orders Ex-NNPCL Boss Kyari’s Arrest Over N210tn Unaccounted Funds
The Senate Committee on Public Accounts on Wednesday ordered the arrest of the immediate past Group Chief Executive Officer of…
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Effiong Okon: The Operations Veteran Tasked With Steering Seplat’s Energy Transition
Seplat Energy PLC’s appointment of Effiong Okon as CEO is less a corporate reshuffle than a statement of intent. After…
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Oil Dips on Truce Hopes, But Strait of Hormuz Blockade and Depleted Stocks Keep Bonny Light Above $100
Nigerian crude prices eased this week as geopolitical tension in the Middle East showed signs of cooling, yet the market…
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Crude Rebounds to N11.20 Trillion in Q1 2026, but Nigeria’s Oil Windfall Rests on Fragile Ground
Nigeria’s crude oil exports climbed to N11.20 trillion in the first quarter of 2026, reasserting the commodity’s dominance as the…
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Seplat Energy Taps Insider Effiong Okon as CEO, Elumelu to Chair as Brown, Udoma Exit in Phased Succession
Seplat Energy Plc is entering a new leadership era, with the board announcing on Monday that Engr. Effiong Okon will…
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Shell Identifies Strategic Pathways To Advance Gas Utilisation At Abuja Business Forum
Shell Nigeria Gas (SNG) has been sharing its experiences as it pioneered gas distribution nearly 30 years ago, saying the…
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The N680bn Lesson: How Elumelu Turned Five Months in Seplat Into a Blueprint for African Capital
Five months ago, $500m bought you a seat at Seplat’s table. Today, it buys you a masterclass in how to…
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Ceasefire Uncertainty Remains the Biggest Driver for Oil Markets – OIR 020626
The global oil market is increasingly being shaped by geopolitics rather than pure supply-demand fundamentals. While OPEC+ continues its measured…
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When Debtors Strike Banks Back: Inside Nestoil’s ₦2.9trn Loan Debacle
The public spat between Nestoil Limited and three of Nigeria’s systemically important banks – Access, First Bank, and UBA –…
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