By Ayomide Otitoju Global oil prices rebounded sharply on Wednesday, climbing about five per cent after slipping to $88 per barrel on Tuesday, according to market data. Brent crude rose to $92.43 per barrel as of 10:56 a.m. WAT, marking a 5.27 per cent increase. The benchmark had surged above $100 per barrel on Monday…
By Ayomide Otitoju TPT International marked International Women’s Day, 2026 by celebrating the contributions of its female employees with a series of activities aimed at recognising their dedication, creativity, and impact within the organisation. Observed annually on March 8, International Women’s Day highlights the achievements and resilience of women worldwide. The 2026 theme, “Give to…
By Ayomide Otitoju The management of Dangote Petroleum Refinery has announced a significant reduction in the prices of Premium Motor Spirit (PMS), also known as petrol, and Automotive Gas Oil (AGO), commonly referred to as diesel, in a move aimed at easing financial pressure on consumers and supporting economic stability in Nigeria. Under the revised…
By Ayomide Otitoju President Bola Ahmed Tinubu has approved a targeted fiscal incentive aimed at unlocking the long-awaited Final Investment Decision (FID) for the Bonga Southwest Aparo (BSWA) Deepwater Project, a development expected to attract about $20 billion in foreign direct investment into Nigeria’s oil and gas sector. The approval marks a major milestone in…
By Ayomide Otitoju JMG Limited, in collaboration with its sister company Jamara Home, has launched the J-Women Impact Network (J-WIN), an initiative aimed at promoting mentorship, collaboration and professional development among female employees across both organisations. The initiative was unveiled during a celebration marking International Women’s Day 2026, held at Radisson Blu Hotel Lagos Ikeja…
By Ayomide Otitoju Fidelity Bank Plc has reaffirmed its commitment to advancing women’s economic empowerment with the signing of strategic Memoranda of Understanding (MoU) with several partner organisations at the launch of its “Give Her Power” initiative, a programme designed to equip Nigerian women with practical skills, mentorship, tools and financial knowledge. The partnerships were…
By Ayomide Otitoju The Nigerian National Petroleum Company Limited (NNPC Ltd) has launched the Women in NNPC (WIN) initiative, a strategic programme aimed at promoting workplace inclusion and expanding leadership opportunities for women within the organisation and Nigeria’s broader energy sector. The initiative was officially unveiled at the NNPC Towers in Abuja, where company executives…
By Ayomide Otitoju JMG Limited, a Nigerian provider of integrated electro-mechanical solutions, has hosted engineering students from the University of Lagos (UNILAG) for an educational tour of its JMG and Jamara production facility in Gbagada, Lagos, as part of activities marking World Engineering Day for Sustainable Development 2026. The visit was organised in line with…
By Ayomide Otitoju The Nigerian National Petroleum Company Limited (NNPC Ltd) has reported a rise in crude oil and natural gas output in January 2026, even as overall petroleum revenue declined sharply. According to the NNPC Monthly Report Summary for January, crude oil production, including condensates, reached 1.64 million barrels per day (bpd)—up 5.81% from…
