African energy news: power generation, electricity tariffs, renewables, gas and the investments reshaping energy supply across the continent.
Nigerian cold-storage businesses are increasingly adopting gas-powered electricity as they seek to reduce rising energy costs and protect their operations from unreliable grid supply. A Lagos-based cold-storage and frozen-food distribution …
Brent crude fell about 1 percent to $98.30 a barrel after dropping below $100 on Tuesday. US West Texas Intermediate (WTI) also declined by 1.4 percent to $89.49 a barrel. …
The Nigeria Sovereign Investment Authority (NSIA), Africa50 and Sustainable Energy for All (SEforALL) have launched a $300 million Nigeria Distributed Renewable Energy (DRE) Fund to expand electricity access and attract …
Edwin Devakumar, Vice President, Oil and Gas at Dangote Industries Limited, has described the ongoing Initial Public Offering (IPO) of Dangote Petroleum Refinery as an opportunity for investors to participate …
Nigeria’s Monetary Policy Committee (MPC) is meeting this week with a difficult decision before it: whether to cut interest rates following three consecutive months of slower inflation or maintain the …
Nigerian crude is attracting increased interest from European traders and refiners as supply disruptions affecting Saudi Arabia create gaps in the region’s oil market. Saudi Arabia has reportedly informed some …
Nigerians are showing growing interest in acquiring shares in Aliko Dangote’s refinery as the company launches what is being described as the country’s largest public share offering. Dangote, Africa’s richest …
ABUJA — The Nigeria Labour Congress (NLC) has urged the Federal Government to introduce wage awards for workers to cushion the impact of rising petrol prices, which it said are …
The Nigerian National Petroleum Company Limited (NNPC Ltd.) has announced an ambitious plan to grow Nigeria’s proven gas reserves from 215 trillion cubic feet (tcf) to more than 600 tcf …
President of Dangote Industries Limited, Aliko Dangote, on Monday officially launched the Initial Public Offering (IPO) of Dangote Petroleum Refinery and Petrochemicals on the Nigerian Exchange (NGX). Dangote sounded the …
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