President Bola Ahmed Tinubu on Tuesday evening received billionaire industrialist and Chairman of Dangote Group, Alhaji Aliko Dangote, at the Presidential Villa in Abuja for a private meeting, underscoring the …
Energy
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- BusinessDangote IndustriesEnergyOil & GasTrade and CommerceWestern Africa
Dangote Cries Out Over Crude Scarcity
President of Dangote Group, Aliko Dangote, has raised alarm over challenges facing his $20 billion Dangote Refinery, including difficulty accessing crude oil from Nigerian producers, leading the facility to import …
- AfricaBusiness InsightsEconomyEnergyInternational RelationsNAMIBIA
Galp to Start Talks with Potential Partners for Namibia Oil Project
Portuguese energy company Galp is now set to begin direct talks with potential partners who have shown interest in joining its oil exploration project in Namibia. The company’s Co-Chief Executive …
- AFRICA NEWSEconomyEnergyEnvironmentInfrastructureINVESTMENT
Mozambique Secures $6.4bn World Bank Deal for Mphanda Nkuwa Dam
The World Bank has agreed to finance the construction of the Mphanda Nkuwa hydropower plant in Mozambique. The massive project is valued at US$6.4 billion (about 406.4 billion meticais) and …
- BusinessDangote IndustriesEconomyEnergyLabourOil & Gas
NOGASA Threatens to Halt Operations Over Dangote Refinery’s Direct Distribution Plan
The Natural Oil & Gas Suppliers Association of Nigeria (NOGASA) has threatened to suspend its operations if Dangote Refinery proceeds with its planned direct distribution of petroleum products to end …
- EconomyEnergyInfrastructureNatural ResourcesOil & Gas
NNPC Limited Records N4.571tn Revenue in June 2025, Boosted by Crude Oil and Gas Production Growth
The Nigerian National Petroleum Company Limited (NNPC Limited) has reported a total revenue of N4.571 trillion for the month of June 2025, maintaining its upward revenue trajectory amid steady increases …
- EconomyELECTRICITYEnergyGOVERNMENTInfrastructure
States Move to Slash Electricity Tariffs Despite Gencos,
More Nigerian states have joined Enugu State in announcing plans to reduce electricity tariffs within their territories following the new order issued by the Enugu Electricity Regulatory Commission (EERC) that …
- BusinessEconomyEnergyInfrastructureINVESTMENTTrade and Commerce
UK Businesses Eye Nigeria, Africa for Strategic Growth Amid Mineral Wealth, Reforms
British businesses are showing growing interest in Nigeria and other African countries as the continent becomes a key target for international investments. This development is driven by Africa’s vast mineral …
- AfricaBusinessEnergyEnvironmentInternational RelationsTechnologyZAMBIA
China Sends Electric Trucks to Zambia in Green Mining Push
China has sent a fleet of 31 pure electric mining trucks to Zambia, marking a major step in introducing green technology to Africa’s mining industry. The shipment, organized by Chinese …
- AfricaBusinessDevelopmentEnergyInternational RelationsOil & GasTANZANIA
FIRST E&P, Tanzania’s TPDC Sign MoU to Develop Mnazi Bay North Block
FIRST Exploration & Petroleum Development Company (FIRST E&P) has entered into a strategic partnership with the Tanzania Petroleum Development Corporation (TPDC) to explore and potentially develop the Mnazi Bay North …