8 h. ago International Energy Agency Says Global Oil Production Running Dry Over Funding Gap

The International Energy Agency (IEA) has stressed a new point, warning of broader energy shortages as spending on new and existing oil and gas projects suffers funding shortfalls. In a report released this week titled ‘The Implications of Oil and Gas Field Decline Rates, ’ the agency reported that, if all spending on new and […]

Politics

25 h. ago Nigeria, Sahel Nations Need $6bn To Bridge Irrigation Funding Gap – FAO

The Food and Agriculture Organisation (FAO) of the United Nations on Wednesday underlined the urgent need to close a $6 billion funding shortfall to expand irrigation across West Africa and the Sahel region. FAO Subregional Coordinator for West Africa and acting representative for Senegal, Bintia Stephen-Tchicaya who stated this at the Hand-in-Hand Sub-Regional Investment Forum […]

Politics

54 h. ago Fast Funding Made Simple: eLoanWarehouse Bridges The Gap For Borrowers

eLoanWarehouse is one of BestUSAPayday’s big offerings, promising fast access to small personal loans with the right amount and same-day disbursement. For millions of Americans struggling on a tight budget, that speed can mean the difference between paying the rent or facing late fees.   A Practical Alternative To Risky Short-Term Lending eLoanwarehouse BestUSAPayday positions […]

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56 h. ago Why We Set Up First Of Its Kind $400m Crude Oil Terminal In Rivers – Prof Adegbulugbe

The Chairman of Green Energy International Limited (GEIL), Prof. Anthony Adegbulugbe, has disclosed that the firm’s establishment of the first indigenous $400 million onshore oil Otakikpo Terminal in Rivers State will play a significant role in the oil and gas industry in Nigeria. According to the Chief Executive Officer of GEIL, the Otakikpo Terminal is […]

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56 h. ago New Oil, Gas Investment Needed To Maintain Current Production Level — IEA

The forecast, along with its implications for pledges by some governments to reach carbon neutrality, has drawn ire from the oil and gas industry. The post New Oil, Gas Investment Needed To Maintain Current Production Level — IEA appeared first on Channels Television.

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3 d. ago Monetary Policy Committee Members Project Naira At N1,400/$ By Year End

Members of the Central Bank of Nigeria’s Monetary Policy Committee (MPC) have projected a further strengthening of the naira. They expect the currency to appreciate to about N1400 to the dollar before the end of 2025, riding on improved oil production, steady capital inflows, and disciplined liquidity management. In their personal statements at the last […]

Politics

6 d. ago Sahara leaders make list of African Energy Chamber’s ‘20 Under 40 Rising Stars’

Sahara Group, an international energy and infrastructure conglomerate, has celebrated the recognition of two of its business leaders on the African Energy Chamber’s 2025 “20 Under 40 Energy Women Rising Stars” list. The landmark further reinforces the company’s role in shaping the next generation of global energy leadership. Mariah Lucciano-Gabriel, Head of Integrated Gas Ventures […] The post Sahara leaders make list of African Energy Chamber’s ‘20 Under 40 Rising Stars’ appeared first on The Sun Nigeria.

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6 d. ago Nigeria’s crude output falls below OPEC quota after 2 months

Nigeria’s crude oil production slipped below its OPEC quota in August after two consecutive months of meeting the target, raising read more Nigeria’s crude output falls below OPEC quota after 2 months

Politics

8 d. ago NITDA, Kaspersky sign strategic MoU to strengthen Nigeria’s digital defences

Tribune Online NITDA, Kaspersky sign strategic MoU to strengthen Nigeria’s digital defences In a decisive move to bolster Nigeria’s cybersecurity landscape, the National Information Technology Development Agency (NITDA) has signed a strategic Memorandum of Understanding (MoU) with global cybersecurity leader, Kaspersky. The agreement, signed as a sideline activity at the just-concluded GTIEX Nigeria in Lagos, marks a significant milestone in Nigeria’s digital transformation journey and its commitment […] NITDA, Kaspersky sign strategic MoU to strengthen Nigeria’s digital defences Tribune Online

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1 week ago Bonny Light Sells Below FG’s Benchmark As OPEC+ Hikes Production

Nigeria’s 2025 budget depends on an expected crude oil price of $75 per barrel, with production set at 2.06 million barrels per day. The post Bonny Light Sells Below FG’s Benchmark As OPEC+ Hikes Production appeared first on Channels Television.

Politics

1 week ago Oil, gas crisis looms as NOGASA, PETROAN vow to join NUPENG strike

From Adanna Nnamani, Abuja Nigeria’s oil and gas sector may be headed for a major crisis as the Natural Oil and Gas Suppliers Association of Nigeria (NOGASA) and the Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) have declared support for the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) in its nationwide […] The post Oil, gas crisis looms as NOGASA, PETROAN vow to join NUPENG strike appeared first on The Sun Nigeria.

Events

1 week ago Production Sharing Contract And Nigeria’s Pursuit Of Increased Crude Oil Production

Just about this time last year, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) announced an ambitious programme to increase Nigeria’s crude oil output by one million barrels per day, over a 12 to 24-month period. When the Commission’s Chief Executive, Engr. Gbenga Komolafe made this proclamation, those acquainted with the country’s oil and gas industry […]

Politics

2 w. ago Regulatory default: NGX suspends trading in three insurance companies

Tribune Online Regulatory default: NGX suspends trading in three insurance companies The Nigerian Exchange Limited (NGX) has suspended trading in the shares of Regency Alliance Insurance Plc, International Energy Insurance Plc, and Universal Insurance Plc, effective Monday, 1 September 2025. Regulatory default: NGX suspends trading in three insurance companies Tribune Online

Politics

2 w. ago Japan Agency Rating Reinforces Afreximbank’s Credibility, Says Denya

African Export-Import Bank’s (Afreximbank) Senior Executive Vice President, Denys Denya, has said that the recent affirmation of the continental bank’s A-issuer credit rating by Japan Credit Rating Agency (JCR) reinforced its credibility in global markets and importance to Africa. JCR recently affirmed the Bank’s rating with a stable outlook and noted the Bank’s important role […]

Politics

2 w. ago Heirs Energies bolsters Africa’s energy stance at offshore conferences

By Adewale Sanyaolu   Heirs Energies, Africa’s leading indigenous-owned integrated energy company has continued to amplify its commitment to energy sufficiency for Africa. This, it advocated with a strong presence at two recenty held landmark events; the US–Africa Energy Forum and the Namibia International Oil & Gas Conference 2025. At both forums, Heirs Energies showcased […] The post Heirs Energies bolsters Africa’s energy stance at offshore conferences appeared first on The Sun Nigeria.

Politics

3 w. ago FG reaffirms support for oil production growth as Total Energies divest Bonga North interest to Shell

The Federal Government has reaffirmed its commitment to fostering increased crude oil production through supportive policies, incentives, and strategic partnerships with international oil companies (IOCs). This reassurance came during a courtesy visit by Mr. Nicolas Terraz, President, Exploration & Production at TotalEnergies SE, to the Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, […] The post FG reaffirms support for oil production growth as Total Energies divest Bonga North interest to Shell appeared first on The Sun Nigeria.

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3 w. ago Nigeria’s Pipelines, Terminals Crude Oil Receipts Nears 100% — Ojulari

Nigeria premised its 2025 national budget on a crude oil production of 2.06 million barrels per day and $75 per barrel oil price. The post Nigeria’s Pipelines, Terminals Crude Oil Receipts Nears 100% — Ojulari appeared first on Channels Television.

Politics

3 w. ago Nigeria’s Pipelines, Terminals Crude Oil Receipts Near 100% — Ojulari

Nigeria premised its 2025 national budget on a crude oil production of 2.06 million barrels per day and $75 per barrel oil price. The post Nigeria’s Pipelines, Terminals Crude Oil Receipts Near 100% — Ojulari appeared first on Channels Television.

Politics

3 w. ago Ward delineation: We’ll make Nigeria pay if INEC fails to comply – Ijaw, Urhobo warn

From Ben Dunno & Joe Obukata, Warri Prominent leaders of Ijaw and Urhobo ethnic nationalities in Warri Federal Constituency, have warned of an imminent shut down of oil and gas production in their various communities should Independent National Electoral Commission (INEC) continue to renege in carrying out Supreme Court judgement of fresh ward delineations in […] The post Ward delineation: We’ll make Nigeria pay if INEC fails to comply – Ijaw, Urhobo warn appeared first on The Sun Nigeria.

Events

3 w. ago International Oil & Gas Standards Body, IOGP, Welcomes Renaissance Africa Energy

The development was announced in London by IOGP, the global organisation of oil and gas companies and associations, which shares best practices and data on health, safety, environment and operations. The post International Oil & Gas Standards Body, IOGP, Welcomes Renaissance Africa Energy appeared first on Channels Television.

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