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Nigeria
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Nigeria Expected to Increase Corn and Wheat Imports
Nigeria is expected to increase its corn and wheat imports in the 2025/26 marketing year (July 2025–June 2026), driven by a stable foreign exchange rate,
Oil & Gas
Nigeria Approves Shell, Agip Buyout of TotalEnergies’ Stake in Bonga Oilfield
Nigeria’s oil regulator has approved a $510 million agreement by TotalEnergies to sell its 12.5% interest in Oil Mining Lease (OML) 118, which contains the off
Oil & Gas
US Became Net Exporter of Crude to Nigeria for the First Time, EIA Says
In February and March 2025, the United States became a net exporter of crude oil to Nigeria, driven by changes in regional demand and supply, according to the U
Thermal Power
Wärtsilä to Supply Power Generation Equipment to 30MW Power Plant in Nigeria
Wärtsilä, a technology company, has been chosen to build and maintain a new 30MW power plant on Victoria Island, Lagos, Nigeria, for Elektron Energy,
Chemical industry
Nigeria’s Dangote Refinery Agrees to Export Polypropylene With Vinmar
Dangote Petroleum Refinery and Petrochemicals has entered a partnership with Vinmar Group, an international petrochemicals distribution company, to distribute D
Solar
UK Investors Back 50 MW of Solar in Nigeria With $3.6 Million
UK energy developer Konexa, alongside investment manager Climate Fund Managers (CFM) and Norwegian development finance institution Norfund, has signed a develop
Oil & Gas
Nigeria’s Trans Niger Oil Pipeline Bursts, Spills Crude, Rights Group Says
An environmental rights group reported a rupture in Nigeria’s Trans Niger Pipeline, a vital channel for transporting crude oil from onshore fields to the
Oil & Gas
Nigeria Says Exxon Commits $1.5b to Deepwater Development
Exxon Mobil Corp. has committed $1.5 billion to develop a deepwater oil field in Nigeria, as the country seeks to increase its oil production. The investment, p
Oil & Gas
Exxon Plans $1.5 Billion Investment in Nigerian Oilfield
ExxonMobil, a global energy company, plans to invest $1.5 billion in its deepwater operations in Nigeria, according to the Nigerian Upstream Petroleum Regulator
Power Grid
Nigeria Reduces Electricity Subsidies by 35% Following Tariff Hike for Heavy Users
Nigeria has reduced electricity subsidies by 35% following a tariff increase for specific consumers last year, according to Power Minister Adebayo Adelabu. The
Oil & Gas
Oando Pipelines in Nigeria’s Oil-Rich Bayelsa State Hit by Sabotage Attacks
Oando Plc, a Nigerian oil producer, reported three incidents targeting its pipelines in Bayelsa state, southern Nigeria, over the past week. The company announc
Oil & Gas
China’s COOEC Starts Shell Nigeria’s Gas Project
China Offshore Oil Engineering Company (COOEC) began fabricating key components for Shell’s HI shallow-water gas and condensate project offshore Nigeria.
Oil & Gas
Nigerian Player Sets Sights on Offshore Production Ramp-Up, Targeting 20+ Wells in 2025
Nigeria’s oil and gas company Seplat Energy aims to drive transformation in Nigeria, partly by increasing offshore oil and gas production in 2025.While speakin
Power Grid
Nigeria and UN Set up $500M Fund for Distributed Renewable Energy
Nigeria, in partnership with a United Nations agency, has established a $500m target to finance the roll-out of distributed renewable energy solutions such as s
Oil & Gas
OPEC Forsees Lower Dangote Refinery Petrol Price
The Organisation of the Petroleum Exporting Countries has expressed optimism that the Dangote Petroleum Refinery can lower petrol prices in Nigeria.This is even
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Nigeria and UN Set up $500M Fund for Distributed Renewable Energy
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Saipem Wins $900M EPCI Contract From Shell’s $5BN Offshore Project in Nigeria