President Bola Ahmed Tinubu has ordered a full review of revenue deductions and retention practices by Nigeria’s major federal revenue-earning agencies. The directive was made public by the Minister of …
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South African Court Cancels TotalEnergies Oil Exploration Permit
A South African court has cancelled the environmental authorisation that allowed TotalEnergies and its joint venture partner, Shell, to carry out offshore oil exploration off the country’s west coast near …
- BusinessEconomyMiningOil & GasPolitics
Key Economic and Political Events Set to Shape African Markets on Thursday
Several economic indicators, company announcements, debt and currency market developments, and political events are expected to influence African markets on Thursday, with movements already being seen across global markets, commodity …
President Bola Ahmed Tinubu has set an ambitious goal for Nigeria’s economy, announcing on Wednesday that his administration is targeting 7% annual economic growth by 2027. He said this would …
The Volta River Authority (VRA) has firmly denied reports claiming that a helicopter which recently made an emergency landing in Nkawkaw, Eastern Region of Ghana, belongs to the state-owned power …
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Rafiki Briquettes Changing the Face of Clean Cooking in Tanzania
In Tanzania, a new champion is emerging in the fight for cleaner kitchens and a healthier environment. It is not solar panels or wind turbines, but a small, mighty innovation …
The National Oil Corporation (NOC), Libya’s state-owned body in charge of managing and regulating the country’s vital oil and gas sector, has released new figures showing steady production levels for …
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Brega Oil to Boost Cooking Gas Supply in Western, Southern Libya
Brega Oil Marketing Company, one of Libya’s key fuel and gas suppliers, has announced new measures to make the distribution of domestic gas cylinders more efficient in the western and …
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Dangote Refinery Lowers Petrol Price to ₦820 per Litre
The Dangote Petroleum Refinery has announced a major step to make fuel cheaper and easier to access across Nigeria. From Monday, August 12, 2025, the refinery reduced its ex-depot price …
- EconomyEnergyMarketsNigeriaOil & GasPolicies
Nigeria’s Fuel Import Reliance Rises to 69 Percent in June
Nigeria’s dependence on imported petrol has grown sharply, with fresh data showing that the country sourced 69 percent of its petrol needs from foreign suppliers in June 2025. Figures from …