CNG, EV soon to be manufactured locally, as FG puts in place Modalities.

The Federal Government has signed a Memorandum of Understanding (MoU) with Chinese infrastructure and Internet of Things (IoT) solutions provider, You Jie Te Environment Technology Ltd (YJT), to localise the manufacturing and assembly of Compressed Natural Gas (CNG) and electric vehicle (EV) infrastructure in Nigeria. The agreement was executed through the Presidential Initiative on Compressed…

Read More

Dangote must testify in person over fraud Allegations against Farouk- ICPC

As Agency rejects representation in fraud allegation petition Africa’s richest man Aliko Dangote must appear personally to adopt his corruption allegation petition, the Independent Corrupt Practices and Other Related Offences Commission (ICPC) has indicated. The business mogul filed a petition before the agency against former Chief Executive of Nigerian Midstream and Downstream Petroleum Regulatory Authority…

Read More

NUPRC, NDIC Emerge Tops on ICPC’s 2025 Integrity Report, NNPC, FCSC at Bottom

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC), the Nigeria Deposit Insurance Corporation (NDIC) and the Asset Management Corporation of Nigeria (AMCON) have come top in the 2025 Integrity Report of the Independent Corrupt Practices and other related offences Commission (ICPC). The upstream commission scored 91.83 points, followed by NDIC with 90.70 points, while AMCON came…

Read More

Petroleum Ministry Moves to Fully Automate its Operations,

Ministry of Petroleum Resources yesterday announced plans to fully automate its operations, setting the stage for paperless interactions across its departments as part of a push to improve efficiency, transparency, and service delivery in Nigeria’s oil and gas sector. The initiative coming under the federal government’s Enterprise Content Management (ECM) system “Go Live”, according to…

Read More

PRESIDENT TINUBU INAUGURATES COMMITTEE ON STRATEGY, CONFLICT RESOLUTION AND MOBILISATION FOR APC

President Bola Ahmed Tinubu, on Wednesday in Lagos, inaugurated a Committee on Strategy, Conflict Resolution and Mobilisation to resolve conflicts within the All Progressives Congress as it approaches the 2027 general elections. This was contained in a statement by hisSpecial Adviser onInformation & Strategy, Bayo Onanuga The committee, which comprises Governors of the party, members…

Read More

Saidu Mohammed withdraws from Seplat board after appointment as NMDPRA CEO

Seplat Energy says Saidu Mohammed has withdrawn his acceptance of its board appointment over his recent appointment as chief executive officer (CEO) of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA). On December 17, the company announced the appointment of Mohammed as an independent non-executive director, effective January 1. On the same day, President…

Read More

Mrs. Oritsemeyiwa Eyesan Assumes Leadership of NUPRC,

Vows Bold Reforms to Boost Nigeria’s Upstream Oil & Gas Sector Mrs. Oritsemeyiwa Eyesan has officially taken charge as the Commission Chief Executive (CCE) of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Eyesan, whose nomination by President Bola Ahmed Tinubu was confirmed by the Senate earlier in December following the resignation of the previous CCE,…

Read More

Heirs Energies Secures $750m Afreximbank Financing to Drive Long-Term Growth

Heirs Energies Limited, Nigeria’s leading indigenous integrated energy company, has executed a USD 750 million financing with the African Export–Import Bank (Afreximbank). The transaction was concluded at a signing ceremony in Abuja on Saturday 20th December 2025, attended by Mr. Tony O. Elumelu, CFR, Chairman of Heirs Energies, and Dr. George Elombi, President and Chairman…

Read More