The Minister of Petroleum Resources (Oil), Heineken Lokpobiri, has called on Engineering, Procurement, and Construction (EPC) companies that exited Nigeria in recent years to return, as the country pushes for …
The Group Chief Executive Officer of Nigerian National Petroleum Company Limited (NNPC), Mr. Bayo Ojulari, has dismissed recent rumours about his resignation, saying he remains focused on attracting more investment …
The African Export-Import Bank (Afreximbank) has given a major financial boost to Dangote Industries Limited (DIL) by approving a $1.35 billion loan facility to support its massive refinery project. This …
Stakeholders in Nigeria’s electricity industry have again raised alarm over the country’s weak national grid and called for immediate reforms to help integrate renewable energy into the power system. The …
Tesla’s board of directors has offered Chief Executive Officer, Elon Musk, a fresh stock award worth nearly $30 billion in a bid to keep him committed to leading the electric …
South Africa’s plan to spend more on new capital projects has dropped sharply in the first half of 2025, as both the government and state-owned companies failed to introduce fresh …
The Auditor General of Kenya has raised serious concerns over the fuel price stabilization program and the Government-to-Government (G-to-G) petroleum importation scheme carried out during the 2023/2024 financial year. In …
The Minister of Power, Adebayo Adelabu, has again assured Nigerians that President Bola Ahmed Tinubu is determined to deliver steady and uninterrupted electricity supply across the country before the end …
Eterna Plc, one of Nigeria’s leading integrated energy companies, has maintained a strong financial position by posting a profit before tax of N1.6 billion for the first half of 2025. …
Burkina Faso and Russia have taken a major step to strengthen their strategic partnership by establishing a new joint intergovernmental commission. The announcement was made on July 30, 2025, in …