Business
Trexm To Explore More Opportunities In Nigeria’s Oil, Gas Rebrands To Trexm Energy
Trexm Oil and Gas Services Nigeria Limited, has expressed its desire to explore other business opportunities in the energy sector.
The company, known for providing engineering solutions to companies in infrastructure, power, FMCG, oil and gas sectors in Nigeria and the United States of America, said it was “rebranding to Trexm Energy Services Limited, to reflect its expanded portfolio and vision for the future”.
The rebranding, was part of the company’s transformation “to diversify its offerings and position itself as a leader in the oil and gas and energy sectors”.
Trexm Energy said it would continue to deliver project delivery services, while also exploring new opportunities across the energy and oil and gas value chain.
“We have grown our brand as Trexm Oil and Gas Services Nigeria Limited and are rebranding to Trexm Energy Services Limited as part of our business plan to serve clients in different sectors not limited to the oil and gas industry.
“Our goal is to develop highly specialised vehicles that generate exceptional value and unique value propositions within various service sectors in the energy and industrial value chain”, the Managing Director of Trexm Holdings, Bolutife Odusanya, was quoted as saying.
The company disclosed that it had begun communication of the new name and identity with clients, regulatory bodies and partners, to ensure a smooth transition.
“With this new identity, Trexm Energy aims to expand its capabilities, leverage its industry expertise, and broaden its offerings to other sectors.
As the oil and gas, and energy industry undergoes rapid changes, Trexm is strategically adapting to the industry dynamics”, the statement added.
Commenting on the rebrand, Chief Operating Officer, Sunday Ukpai, said, “undertaking the rebranding was an essential step in our commitment to making a distinctive contribution to the evolving energy sector in Africa”.
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Blue Economy: Minister Seeks Lifeline In Blue Bond Amid Budget Squeeze

Ministry of Marine and Blue Economy is seeking new funding to implement its ambitious 10-year policy, with officials acknowledging that public funding is insufficient for the scale of transformation envisioned.
Adegboyega Oyetola, said finance is the “lever that will attract long-term and progressive capital critical” and determine whether the ministry’s goals take off.
“Resources we currently receive from the national budget are grossly inadequate compared to the enormous responsibility before the ministry and sector,” he warned.
He described public funding not as charity but as “seed capital” that would unlock private investment adding that without it, Nigeria risks falling behind its neighbours while billions of naira continue to leak abroad through freight payments on foreign vessels.
He said “We have N24.6 trillion in pension assets, with 5 percent set aside for sustainability, including blue and green bonds,” he told stakeholders. “Each time green bonds have been issued, they have been oversubscribed. The money is there. The question is, how do you then get this money?”
The NGX reckons that once incorporated into the national budget, the Debt Management Office could issue the bonds, attracting both domestic pension funds and international investors.
Yet even as officials push for creative financing, Oloruntola stressed that the first step remains legislative.
“Even the most innovative financial tools and private investments require a solid public funding base to thrive.
It would be noted that with government funding inadequate, the ministry and capital market operators see bonds as alternative financing.
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