Brent crude oil prices stayed close to $66 per barrel on Monday, continuing the sharp fall recorded last week. The drop in price followed fresh news that United States President …
Energy
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AfricaEconomyEnergyGlobal PoliticsOil & GasTrade
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AfricaDiplomacyEnergyInternational RelationsSecurity
US, Turkey Step Up Talks on Libya, Sudan, Somalia Cooperation
The United States and Turkey have held fresh high-level talks aimed at strengthening cooperation on key regional issues, with the ongoing crisis in Libya topping the agenda. The meeting took …
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The Democratic Republic of Congo (DRC) is set to host its largest-ever private energy investment in the east after U.S.-based Symbion Power LLC pledged $700 million for a 140-megawatt (MW) …
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EducationEmploymentEnergyGovernment PolicyLabourRenewable EnergyStudent Welfare
Loans and Solar Push Get FG N180bn Funding
The Federal Government has announced that it has disbursed over N80 billion in student loans to Nigerian tertiary institutions, while also unveiling a N100 billion solar energy project for public …
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Community DevelopmentEnergyGovernanceInfrastructureNigeria
FG Spends N88bn on Repairs as Power Vandals Worsen Electricity Woes
The Transmission Company of Nigeria (TCN) has revealed that the Federal Government has spent over N88 billion to repair and restore damaged power transmission infrastructure across the country between 2021 …
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BusinessEnergyInfrastructureLabourTelecommunications
Telecom Sites in Nigeria Face Shutdown Risk as Diesel Blockade Disrupts Operations
Thousands of telecom towers across Nigeria may soon shut down due to a diesel supply crisis caused by a blockade at major fuel depots. The standoff, involving petroleum workers and …
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EnergyGovernancePoliticsPower SectorRegulation
Tinubu Names Abdullahi Ramat as Acting Head of Electricity Regulatory Commission
President Bola Ahmed Tinubu has nominated 39-year-old Abdullahi Ramat as the new Chairman and Chief Executive Officer of the Nigerian Electricity Regulatory Commission (NERC). The announcement was made in a …
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Business and EconomyEnergyEnvironmentInternational TradeMining
Zambia Taps Strategic Minerals to Ride 2040 Global Demand Boom
Zambia is positioning itself as a major player in the global race for energy transition minerals, as international demand for graphite, lithium, rare earth elements, and columbite-tantalite is expected to …
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African PoliticsEnergyGOVERNMENTInfrastructurePoliticsPublic SafetyTransportation
Umahi Dismisses Crack on Coastal Highway, Says N3tn Needed to Complete Road Projects
The Minister of Works, David Umahi, has cleared the air on a crack that appeared on the Lagos-Calabar Coastal Highway, saying it is not a structural failure and should not …
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Debt Management,EconomyFinanceInfrastructureINVESTMENTOil & GasPublic Services
NUPRC Says 220 Unlicensed Oil Blocks Awaiting Bidders
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has said that 220 oil blocks across Nigeria are not abandoned but are waiting for new concessionaires to take over through proper licensing …