Kenya Power and Lighting Company (KPLC) has reported a sharp 18.7 per cent decline in its net profit for the financial year ended June 2025, falling to KSh 24.47 billion …
The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC Ltd), Mr. Bayo Ojulari, has attributed the recent increase in cooking gas prices across the country to …
The Chairman of Global Infrastructure Partners (GIP), Adebayo Ogunlesi, has expressed strong confidence in President Bola Ahmed Tinubu’s ongoing economic reforms, describing them as a solid foundation for renewed international …
Nigeria’s importation of Premium Motor Spirit, popularly known as petrol, has fallen to its lowest level in eight years as local refining capacity and government reforms continue to reshape the …
The nationwide strike declared by the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) on Monday paralysed operations at critical oil and gas institutions, raising fears of fuel …
Oil-producing communities in the Niger Delta are taking fresh steps to ensure they harness the benefits of the Petroleum Industry Act (PIA) for rapid and sustainable development. Stakeholders from across …
Nigeria will take a central role at the Türkiye-Africa Business and Economic Forum (TABEF) 2025 as the Chairman of the Nigeria-Türkiye Business Council (NTBC), Mr. Dele Oye, leads the country’s …
Nigerian businessman, Femi Otedola, has strongly denied claims linking him to the controversial fuel subsidy fraud investigated under former President Goodluck Jonathan’s administration. He described the allegations made by Umar …
Nigeria’s Dangote Oil Refinery has laid off some of its workers, raising concerns about stability at Africa’s largest private refinery project. A copy of a letter from the company, sighted …
Heirs Energies, one of Africa’s indigenous-owned integrated energy firms, has said its success in reviving declining oil assets is proof that African companies can unlock value in areas where international …