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Sahara Group Urges Financing Model That Reflects Africa’s Energy Transition Realities

Sahara Group Urges Financing Model That Reflects Africa’s Energy Transition Realities

Sahara Group has called for a fresh approach to Africa's energy transition, infrastructure financing and energy journalism, urging stakeholders to adopt strategies that reflect the continent's unique realities. The company made the call on Wednesday during the third edition of its thought leadership forum, Asharami Square, themed "Energising Africa's Future:…
31 Firms Awarded Licenses for 37 Oil Blocks

31 Firms Awarded Licenses for 37 Oil Blocks

Thirty-one companies have emerged as successful bidders for 37 oil and gas blocks in Nigeria's 2025 Licensing Round following the conclusion of the commercial bid conference held in Abuja. The exercise, organised by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) at the Transcorp Event Centre, attracted 143 companies, which submitted…
Fuel Loading Halted at Dangote Over Dollar Sale Dispute, FG Steps In

Fuel Loading Halted at Dangote Over Dollar Sale Dispute, FG Steps In

Petroleum marketers have slowed fuel purchases amid uncertainty over the Dangote Petroleum Refinery's decision to adopt a dollar-based pricing model for petrol, raising concerns about possible disruptions in supply and higher pump prices. Industry operators said they were taking a cautious approach as they awaited clarity on the refinery's new…
CBN’s Cardoso Says Naira Should Compete, Not Be Shielded

CBN’s Cardoso Says Naira Should Compete, Not Be Shielded

Governor, Central Bank of Nigeria, Olayemi Cardoso Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has said the naira should remain market-driven and competitive rather than being artificially supported, as the apex bank retained its benchmark interest rate and reaffirmed its commitment to reducing inflation to single digits.…
Sahara Group Hosts Asharami Square 3.0 to Advance Africa’s Energy Future

Sahara Group Hosts Asharami Square 3.0 to Advance Africa’s Energy Future

Sahara Group will convene policymakers, investors, industry leaders, and energy experts for the third edition of Asharami Square, its thought leadership platform focused on advancing discussions on Africa's energy future. According to a statement by the company, the event, themed "Energising Africa's Future: Legacy, Impact, and Transformation," will feature a…
CBN confirms Accountant-General directed opening of PFIPC accounts

CBN confirms Accountant-General directed opening of PFIPC accounts

The Central Bank of Nigeria (CBN) has confirmed that it opened two domiciliary accounts linked to the controversial Presidential Foreign Investment Promotion Council (PFIPC) following a directive from the Office of the Accountant-General of the Federation (OAGF), but maintained that the accounts were never funded or used. The disclosure was…
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FG Seeks Investors’ Backing for N729bn Power Bond to Clear Gencos’ Debt

FG Seeks Investors’ Backing for N729bn Power Bond to Clear Gencos’ Debt

The Federal Government is preparing to issue a second bond valued at about N729 billion under the Presidential Power Sector Debt Reduction Programme (PPSDRP) as part of efforts to settle verified legacy debts owed to electricity Generation Companies (Gencos) and improve liquidity in the Nigerian Electricity Supply Industry (NESI). Ahead…
Lagos Energy Reforms to Reshape Facility Management, Spur Sustainable Growth

Lagos Energy Reforms to Reshape Facility Management, Spur Sustainable Growth

The International Facility Management Association (IFMA), Nigeria Chapter, has announced a range of strategic initiatives aimed at boosting professional capacity, driving industry research and preparing facility managers for Nigeria's changing energy landscape. The plans were unveiled at the IFMA Corporate Membership event, themed "Evaluating the Impact of New Energy Regulations…
NUPRC Rebuilds Investor Confidence in Nigeria’s Oil Industry

NUPRC Rebuilds Investor Confidence in Nigeria’s Oil Industry

Mrs. Oritsemeyiwa Eyesan Six months into her tenure as Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Mrs. Oritsemeyiwa Eyesan is driving reforms aimed at strengthening regulatory certainty, improving operational efficiency, accelerating decision-making, and enhancing transparency. The early results are becoming increasingly visible, with higher oil production, renewed…
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Electoral Reform Bill

Committee Deliberation

Electoral Reform Bill

Committee Deliberation

Electoral Reform Bill

Committee Deliberation

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