Energy

The Nigerian petroleum downstream sector is set to witness another major milestone as Backbone Infrastructure Nigeria Limited (BINL) has announced plans to construct a $15 billion refinery with a capacity …

The World Bank has advised the Zambian government to step up its efforts in the production of energy transition metals like copper, cobalt, and manganese, saying this is the key …

The Tanzanian government has promised full support to the State Mining Corporation (STAMICO) in its push to provide clean, affordable cooking energy to the people. The move is aimed at …

Malawi has signed investment agreements worth over $12 billion with Chinese firms, signaling a major boost in the country’s mining and infrastructure sectors. The deals, which include the largest foreign …

Fuel prices at filling stations across Lagos and Ogun States have started falling below the N900 per litre mark following a N40 reduction in ex-depot prices by Dangote Petroleum Refinery. …

The Federal Government has commissioned Nigeria’s first Mini-grid Simulation and Standardisation Centre, a $150,000 facility aimed at regulating the quality of solar components and promoting local manufacturing of renewable energy …

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has generated a total of N28.11 billion in miscellaneous oil revenue between January and May 2025. This amount, which was fully remitted to …

The International Monetary Fund (IMF) has praised the Central Bank of Nigeria (CBN) for the bold reforms it introduced to stabilise the economy, but warned that Nigeria may exceed its …

Ethiopian Prime Minister Abiy Ahmed has announced that the long-awaited Grand Ethiopian Renaissance Dam (GERD) on the Blue Nile River is now fully completed. He made this known on Thursday …

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has revealed that many oil companies in Nigeria opposed the Federal Government’s directive to supply crude oil to local refineries, including the Dangote …