South Africa’s ultra-left opposition party, the Economic Freedom Fighters (EFF), has taken legal action against the government over its plan to increase the fuel levy by 4%, a move the …
Energy
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EconomyEnergyOil & GasPoliciesPolitics
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BusinessEconomyEnergyGOVERNMENTOil & Gas
PE Energy Submits First-Ever Engineering Audit on Upstream Measurement to NUPRC
PE Energy Limited, a leading energy services company in Nigeria, has officially submitted its Engineering Audit Report on Upstream Measurement Equipment and Facilities in the Nigerian oil and gas sector …
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ELECTRICITYEnergyGOVERNMENTNigeria
Enugu Regulator Orders MainPower to Refund 20,000 Customers Over April 2025 Overbilling
The Enugu State Electricity Regulatory Commission (EERC) has directed MainPower Electricity Distribution Company (formerly Enugu Electricity Distribution Company, EEDC) to refund over 20,000 customers for wrongful billing in April 2025. …
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AgricultureEconomyEnergyGOVERNMENTINVESTMENTPolicies
Shettima Reaffirms Tinubu Govt’s Commitment to Cocoa Processing, Seeks $25bn for Europe Gas Pipeline
Vice President Kashim Shettima has restated the Tinubu administration’s determination to transform Nigeria’s cocoa industry by shifting focus from mere production to full-scale processing and value addition. He also disclosed …
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BusinessDangote IndustriesEconomyInfrastructureOil & GasWestern Africa
Fuel Cheaper in Nigeria Due to Low Taxes and High Consumption – MEMAN, Dangote Say
The Major Energies Marketers Association of Nigeria (MEMAN) has said that low taxation is one of the main reasons why petrol is cheaper in Nigeria than in other West African …
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BusinessEconomyEnergyInfrastructureNigeriaOil & Gas
Shell Lifts First Crude Cargo from New Otakikpo Terminal as Green Energy Targets Lower Production Costs
Shell has lifted the first crude oil cargo from Nigeria’s new Otakikpo onshore terminal, officially marking the start of operations at the $400 million facility developed by Green Energy International …
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BusinessEconomyEnergyInfrastructureNigeriaWestern Africa
Nigerians Now Paying Half What Others Spend on Petrol – Dangote
Business mogul and President of Dangote Group, Alhaji Aliko Dangote, has said most Nigerians do not realise they are currently buying petrol at just 55 percent of what people in …
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Banking, Finance & InvestmentEconomyNigeriaOil & GasPolicies
Moody’s Upgrades Nigeria’s Credit Rating But Warns Falling Oil Prices, Inflation Could Threaten Naira Stability
Global credit rating agency, Moody’s Ratings, has upgraded Nigeria’s long-term foreign and local currency issuer ratings from Caa1 to B3, citing improved transparency in the country’s foreign exchange system and …
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DevelopmentEconomyEnergyEnvironmentOil & Gas
CCS Technology Can Help Nigeria Curb Carbon Emissions and Boost Resource Recovery – Expert
A geoscientist and environmental expert, Dr. Luqman Olawale, has called on the Nigerian government and petroleum industry stakeholders to embrace Carbon Capture and Storage (CCS) technology as a dual-purpose tool …
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EducationEnergyInnovationLeadershipPolicies
WIME Chair Urges Inclusive Leadership, Gender-Sensitive Reforms in Maritime at 2025 Women in Shipping Conference
Chairman, Board of Trustees of the Women in Maritime and Energy (WIME) Awards, Dr. Mrs. Chizoba C. Anyika, has called on governments, investors, regulators, and maritime stakeholders to adopt a …