The Nigerian Electricity Regulatory Commission (NERC) has taken a major step to improve electricity supply in the country by setting up a Transmission Infrastructure Fund (TIF). This new initiative is …
Energy
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Jigawa Taskforce Warns Fuel Stations Against Meter Manipulation, Begins Statewide Crackdown
The Jigawa State Taskforce on Petroleum Monitoring, Sale, and Distribution has issued a strong warning to fuel station operators across the state, cautioning them against manipulating fuel dispensers to cheat …
- BusinessEconomyEnergyEnvironmentGOVERNMENTSouthern Africa
South Africa to Launch National Petroleum Company as Energy Sector Eyes Sustainable Future
Stakeholders in the oil and gas industry are preparing to gather for the official launch of the South African National Petroleum Company (SANPC) — a major milestone in the country’s …
- BusinessDevelopmentEnergy
Harmony Gold to Buy Australia’s Mac Copper for $1.03 Billion in Push for Copper Expansion
South Africa’s largest gold producer by volume, Harmony Gold Mining Company Limited, has reached an agreement to acquire Australian copper mining company Mac Copper Ltd in a deal valued at …
- DevelopmentEnergyGOVERNMENTInfrastructureLeadershipPolitics
Former Edo Deputy Speaker Commissions 500KVA Transformer in Efandion Community, Pledges More Development
The immediate past Deputy Speaker of the Edo State House of Assembly, Rt. Hon. (Mrs) Maria Oligbi-Edeko, has delivered a major infrastructural boost to the Efandion community in Esan North-East …
- BusinessEconomyEnergyInfrastructureOil & GasPolicies
NNPC Shuts Down Port Harcourt Refinery for Maintenance, Just Months After Restarting Operations
The Nigerian National Petroleum Company Limited (NNPC Ltd.) has announced that it is shutting down the Port Harcourt Refining Company (PHRC) for a planned maintenance exercise, starting from May 24, …
- BusinessEconomyEnergyEventsGOVERNMENTSecuritySouth Africa
South Africa Launches SANPC to Bolster National Energy Security
The South African National Petroleum Company (SANPC) was officially launched on May 23, 2025, in Johannesburg, signaling a new era for the country’s energy sector. President Cyril Ramaphosa, alongside Minister …
- BusinessDangote IndustriesEconomyInfrastructureManufacturingNigeriaOil & Gas
Dangote Plans Massive Fertiliser, Coal, and Oil Export, Eyes $7m Daily Revenue
The President of Dangote Industries Limited (DIL), Aliko Dangote, has said that his company is preparing to begin massive exportation of fertiliser, coal, polypropylene, and refined petroleum products in the …
- EconomyEnergyInfrastructureINVESTMENTNatural ResourcesNigeriaPolicies
Nigeria’s Gas Wealth and the Promise of MDGIF: Turning Potential into Prosperity
With over 206 trillion cubic feet of natural gas, Nigeria holds one of the largest gas reserves in the world, yet decades of underutilisation have kept this abundant resource from …
- Banking, Finance & InvestmentEconomyINVESTMENTMarketsNigeriaOil & Gas
Nigerian Stock Market Gains 64% in One Year Amid Investor Confidence and Strong Corporate Results
The Nigerian stock market has recorded a major gain of 64.11 per cent from July 2023 to June 2024, as the All-Share Index of the Nigerian Exchange Limited (NGX) rose …