The Nigeria Extractive Industries Transparency Initiative (NEITI) and the Nigerian National Petroleum Company Ltd (NNPC Ltd) have agreed to establish a technical committee aimed at enhancing governance in Nigeria’s extractive …
Energy
- Energy SectorGovernanceNigeriaOil & GasTransparency
- EnergyGhana EconomyOil & GasTax & Revenue
Ghana’s Petroleum Revenue Rises Despite Declining Oil Output in 2024
Ghana’s petroleum revenue experienced a remarkable rise in 2024, reaching US$1.36 billion, representing a 27.8 percent increase from US$1.06 billion in 2023, according to the latest Annual Report by the …
- BusinessEconomyEnergyEnvironmentTechnology
Spiro pushes electric motorcycles into Nigerian market, targets affordable green mobility
Electric mobility firm Spiro has intensified its drive into Nigeria’s motorcycle market, a move seen as a major step for both the country and the global shift toward sustainable transport. …
- BusinessEconomyEnergyPublic UtilitiesRegulationSouth Africa
Eskom Settlement with Nersa Triggers R54bn Extra Costs
South Africans will have to pay more for electricity after the National Energy Regulator of South Africa (Nersa) admitted to making mistakes in calculating Eskom’s revenue for the coming years. …
- Business and EconomyEastern AfricaEnergyInfrastructureManufacturing
Uganda Sets Up Electricity Desk to Boost Industry
The Uganda Electricity Distribution Company Limited (UEDCL) has taken a major step to support the country’s manufacturing sector by opening a new office dedicated to handling electricity matters for manufacturers. …
- BusinessEnergyNigeriaOil & GasTechnologyYouth Empowerment
Kenyon International Restores 6,000 Barrels Daily
Nigerian oilfield service company Kenyon International has announced the restoration of more than 6,000 barrels of crude oil per day from a previously inaccessible well, in what industry observers describe …
- BusinessDangote IndustriesEconomyEnergy
Nigerians Spend N1.3tn on Petrol in June as Consumption Hits 1.44bn Litres
Nigerians spent about N1.3 trillion on Premium Motor Spirit (petrol) in June 2025, amid rising energy costs and heavy reliance on self-power generation, according to the latest data from the …
- BusinessCapital MarketEnergyInfrastructureINVESTMENTReal Estate
Coronation Lists Nigeria’s Largest Infrastructure Fund on NGX with N8.79bn Offering
Coronation Asset Management has listed the Coronation Infrastructure Fund (CIF), Nigeria’s largest Series I infrastructure fund, on the Main Board of the Nigerian Exchange (NGX). The move, described by market …
- BusinessEconomyEnergyInternational RelationsNigeriaOil & Gas
Petrobras Eyes Return to Nigeria’s Oil Sector with Focus on Deepwater Opportunities
The Nigerian National Petroleum Company Limited (NNPCL) has disclosed that Petrobras, Brazil’s state-owned oil firm, is exploring new opportunities in Nigeria’s upstream oil and gas sector, with particular focus on …
- BusinessEconomyEnergyGovernanceInfrastructurePower Sector
Experts Warn N2.7 Trillion Gas-to-Power Debt Bailout May Only Provide Temporary Relief
Nigeria’s plan to settle the N2.7 trillion debt owed to gas suppliers has raised questions among energy analysts and market observers. The federal government recently announced a bailout arrangement that …