Oando Plc has recorded a profit after tax of ₦113.06 billion in the first quarter of 2025, showing a strong 90.5 percent rise compared to the ₦59.35 billion it posted …
BusinessEconomyFinance & ServicesNewsNigeriaOil & Gas
Category:
Energy
-
-
AgricultureDevelopmentEnergyTechnology
Nigerians to benefit from subsidised solar-powered appliances
CLASP and the Global Energy Alliance for People and Planet (GEAPP) have announced the expansion of their Productive Use Financing Facility (PUFF) with a $6.1 million funding package. The initiative …
-
Banking, Finance & InvestmentEconomyEnergyFinance & ServicesGOVERNMENTINVESTMENTPolicies
Nigeria’s Eurobond Yields Drop to Two-Month Low as Oil Prices Rise
Yields on Nigeria’s Eurobonds have fallen to their lowest point in two months, following a rise in global oil prices and renewed confidence from international investors. This development is seen …
-
AfricaAFRICA NEWSBusinessBusiness and EconomyDevelopmentEnergyInformation & TechnologyInfrastructureInnovationTechnologyTransportation & LogisiticsUGANDA
Uganda Launches Kayoola EVS 2025 Electric Bus
Uganda has officially unveiled the Kayoola EVS 2025, a state-of-the-art electric bus developed by Kiira Motors Corporation (KMC), marking a major milestone in the country’s journey toward sustainable transportation and …
-
Banking, Finance & InvestmentDevelopmentEconomyEnergyEnvironmentNigeria
Ecobank Joins GET.Invest Green Energy Finance Programme to Boost Renewable Energy in Nigeria
Ecobank Nigeria has been selected as one of the key Nigerian banks to participate in the GET.Invest Enabling Domestic Green Energy (EDGE) Finance Programme. The initiative, aimed at strengthening local …
-
AviationBusinessGOVERNMENTOil & GasTransportation & Logisitics
NAMA Warns Oil Firms Over $300 Helicopter Landing Levy
The Nigerian Airspace Management Agency (NAMA) has issued a serious warning to oil and gas companies operating in the country, accusing them of failing to comply with the mandatory $300 …
-
Heirs Energies Limited and Renaissance Africa Energy Company have announced a strategic partnership aimed at strengthening Nigeria’s oil and gas sector through indigenous leadership, local capacity development, and innovation. This …
-
AfricaAFRICA NEWSBusiness and EconomyEconomyEnergyFinance & ServicesGOVERNMENTInfrastructurePolicies
City Power, Eskom Settle R4 Billion Electricity Debt Dispute with Major Write-Off
South Africa’s electricity landscape may soon breathe easier after Johannesburg electricity distributor, City Power, and national utility Eskom finally reached an agreement over a long-standing billing and debt dispute worth …
-
EconomyEnergyEnvironmentInfrastructurePolitics
Oilserv Crosses River Niger in Major Milestone for Ajaokuta-Kaduna-Kano Gas Pipeline Project
Oilserv Limited, the contractor handling the construction of the 614-kilometre Ajaokuta-Kaduna-Kano (AKK) gas pipeline, has confirmed that it has successfully crossed the River Niger — one of the most difficult …
-
EconomyEnergyMarketsPoliticsSouth Africa
Global Shock as US Bombs Iran Nuclear Sites — Oil Prices, Inflation and Markets on Edge
The United States’ surprise decision to bomb nuclear enrichment facilities in Iran over the weekend has dramatically escalated tensions in the Middle East, triggering global market turmoil and raising alarm …
Newer Posts