Electricity Supply To Be Disrupted As IBEDC Workers Stand Against DisCos Takeover
Electricity supply in IBEDC franchise areas may face disruption as NUEE workers reject the planned takeover, warning of shutdown if outstanding labour obligations are not settled before ownership transfer.
Oil Prices May Settle Lower Over Possible Iran, Russia And US Resolution — Citi
Citi has projected that crude oil prices may fall to $60–$62 per barrel later this year if peace deals involving Russia-Ukraine and Iran materialize, easing global supply pressures.
African Energy Chamber Pushes For Broader Policy To Expand Continent’s Oil And Gas Investment
The African Energy Chamber has called for stronger local content and inclusive investment policies to boost oil and gas development across Africa, stressing the need for clear regulations and workforce participation.
NUPRC: Only Successful Foreign Oil Field Bidders Must Establish Nigerian Entities
NUPRC says foreign companies can participate in Nigeria’s 2025 licensing round without local subsidiaries, but successful bidders must incorporate Nigerian entities within 90 days of receiving offer letters.
The Federal Government has approved the reopening of the Tsamiya Border Corridor as Nigeria Customs intensifies border governance, transit trade monitoring and cross-border cooperation with Niger and Benin.
