The Nigerian Content Development and Monitoring Board (NCDMB) is set to host the 2026 Oil & Gas Midstream & Downstream Stakeholders Summit. The event is scheduled to hold from May 19–20, 2026, at Four Points by Sheraton Lagos, Victoria Island, Lagos. According to Obinna Ezeobi, PhD,Genaral Manager, Corporate Communications Division of the Board, thesummit is designed to bring together key decision-makers,…
The Transmission Company of Nigeria, TCN, says its newly constructed Ihovbor/Benin and Ihovbor/Ajaokuta 330kv transmission lines would add 600 megawatts to the national grid. The Managing Director/Chief Executive Officer of TCN, Engr Sule Abdulaziz, disclosed this on Thursday at the official commissioning of the newly constructed 330kv line at Ihovbor, Benin City. Abdulaziz, who attributed…
Isolo Power Gen Limited has secured approval to develop a 9MW embedded power generation project in Lagos State under the latest licensing round issued by the Lagos State Electricity Regulatory Commission (LASERC). The company is one of 14 licensees recently approved by LASERC, but the only operator cleared under the embedded generation category for a…
The Lagos state government says permits and administrative fees for solar power installations apply only to residents of its social housing estates — not to private homeowners or tenants across the state. The clarification follows a viral video showing officials of the Lagos state ministry of housing confronting a resident over solar panels installed on…
The Managing Director of Renaissance Africa Energy Company Limited, Engr. Tony Attah has predicted that many indigenous oil and gas operators in Nigeria will within the next decade consolidate strategically and form consortiums to take advantage of emerging opportunities. He stated this when he made a presentation at the Nigerian Content Academy Lecture on Thursday,…
Electricity consumers in Plateau, Gombe, Bauchi, Borno, Adamawa, Taraba and Yobe states are set to experience weeks of disrupted power supply as the Nigerian Independent System Operator announces a scheduled outage on the Jos–Gombe 330kV transmission line. In a public notice issued on Thursday, the Nigerian Independent System Operator said the outage would run from…
The price of Liquefied Petroleum Gas, LPG, also known as cooking gas has increased by 14.3 percent on a month-on-month, MoM, basis, to N1,500 per kilogram, from N1,300 recorded last month. However, the ex-depot price of the product increased by 16.7 percent on a MoM basis to N21 million per 20 metric tonnes (MT), up…
The Nigerian Upstream Petroleum Regulatory Commission has signed a Petroleum Exploration Licence No. 5 agreement with SeaSeisGeophysical Limited, authorising the company, in partnership with the Commission and TGS, to undertake the acquisition and processing of new 3D seismic and gravity data. The three-year deal, signed at the Commission’s headquarters in Abuja on Tuesday, is expected…
The Executive Secretary ofthe Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe, has expressed confidence that the five-star Radisson Hotel and Conference Centre, Yenagoa, Bayelsa State, would be completed and commissioned in December 2026, just as South Africa’s Edison Corporation, incorporating Radisson Hotels Group, assured of world-class services. Addressing visiting top executives…
The Nigerian National Petroleum Company Limited has intensified efforts to ensure a steady crude oil supply to the Dangote Petroleum Refinery as part of moves to stabilise fuel availability across the country, especially with Brent hitting $108 per barrel. This comes amid heightened global oil market volatility occasioned by tensions in the Middle East and…
