The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Mr. Felix Omatsola Ogbe, has called on international oil companies (IOCs) operating in Nigeria to actively engage local …
Energy
- AfricaEconomyEnergyGOVERNMENTInfrastructureINVESTMENTNigeriaOil & GasPolicies
- AfricaBusinessDangote IndustriesDevelopmentEconomyEnergyInfrastructureINVESTMENTLeadershipManufacturingNigeria
Dangote Picks Nigeria Over Global Tech Giants, Builds $19 Billion Refinery to Boost Economy
Aliko Dangote, Africa’s richest man and chairman of the Dangote Group, has been praised by the Nigerian government for prioritising national development over foreign wealth opportunities. At a time when …
- BusinessDevelopmentEconomyEnergyGOVERNMENTInfrastructureKenyaNatural Resources
Kenya’s Crude Oil Sale from Turkana Sparks Revenue Sharing Dispute
Kenya has earned Sh247 million from the sale of crude oil extracted from Turkana County, but this achievement has been overshadowed by a serious disagreement over how the money should …
- EconomyFinance & ServicesGOVERNMENTNatural ResourcesNigeriaOil & Gas
Governor Peter Mbah Urges RMAFC to Release 13% Derivation Funds to Enugu State
Governor Peter Ndubuisi Mbah of Enugu State has appealed to the Revenue Mobilisation, Allocation and Fiscal Commission (RMAFC) to fast-track the release of 13 percent oil derivation funds due to …
- EconomyELECTRICITYEnergyGOVERNMENTInfrastructureINVESTMENT
Adelabu Raises Alarm as Power Subsidy Hits ₦200 Billion Monthly, FG Owes GenCos ₦4 Trillion
The Minister of Power, Chief Adebayo Adelabu, has again raised concerns over the growing cost of electricity subsidies in Nigeria, warning that the current approach is not sustainable. According to …
- AgricultureBusinessEconomyEnergyInternational RelationsINVESTMENTNigeriaPoliciesTrade and Commerce
Akpabio, Others Say Africa Must Stop Exporting Raw Materials Without Value Addition
Senate President Godswill Akpabio has joined other key stakeholders to call on African countries to stop the practice of exporting raw materials without adding value. They said Africa must move …
- AgricultureBusinessEconomyEnergyGhanaInternational RelationsINVESTMENTTechnologyTrade and CommerceWestern Africa
Ghana Strengthens Trade and Investment Ties with UAE to Boost Economy
Ghana is making strong moves to grow its trade and investment relationship with the United Arab Emirates (UAE), as part of efforts to expand its economy and attract more foreign …
- BusinessBusiness InsightsEconomyEnergyGOVERNMENTInfrastructureNigeria
Poor Electricity Supply Forces Small Business Owners in Abuja to Shut Down
Small business owners in various parts of the Federal Capital Territory (FCT), including Kubwa, Kuje, Gwagwalada, and Aco Estate, are crying out over poor electricity supply, saying it is killing …
- BusinessDevelopmentEconomyELECTRICITYEnergyFinance & ServicesGOVERNMENTInfrastructurePolitics
Senate Raises Alarm as FG Owes Power Firms N800bn, Sector Faces Major Crisis
The Nigerian Senate Committee on Power has cried out over the growing financial crisis facing the country’s power sector, revealing that the Federal Government currently owes electricity generating companies (GenCos) …
- AfricaAFRICA NEWSEconomyEnergyEnvironmentGOVERNMENTInfrastructureInternational RelationsINVESTMENTNatural Resources
Experts Call for Bold Energy Decisions to Unlock Africa’s Gas and Renewable Potential
Energy leaders and policymakers at a recent high-level forum have called on African governments to make urgent and strategic decisions that can unlock the continent’s huge natural gas and renewable …