The South African rand lost a bit of ground in early trading on Thursday, May 8, as traders waited for the country’s latest manufacturing output figures. According to market data, …
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South African Markets Watch: Key Events Shaping Trading on May 8
The South African financial market is facing several important developments that may affect investor decisions and overall market direction on Thursday, May 8, 2025. Economic data from home and abroad, …
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How Nigerian Businesses Can Navigate Persistent National Grid Issues
Introduction For businesses operating in Nigeria, the phrase “national grid issues” has become an unwelcome but familiar refrain. Frequent collapses, erratic supply, and prolonged outages from the national power grid …
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Seplat Energy to Boost Gas Supply to Nigeria LNG by 12% Amid Pipeline Challenges
igeria LNG Limited is set to receive a major boost in gas supply as Seplat Energy has entered into a new preliminary agreement to supply over 150,000 tons of gas …
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Oil Spill Halts Operations on Okordia-Rumuekpe Pipeline in Rivers State
Renaissance Africa Energy Company Limited has confirmed that it has stopped crude oil transportation through its Okordia-Rumuekpe pipeline in Rivers State after an oil spill was discovered in Ikata community, …
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Delta40 Launches Nigeria Venture Studio to Boost Energy, Agriculture and Fintech Startups
Delta40, a venture studio and investment fund, has officially launched its Nigeria Venture Studio in Lagos, reinforcing its commitment to driving innovation across energy, agriculture and fintech in Africa. The …
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ExxonMobil to Invest $1.5 Billion in Nigeria’s Deepwater Oil Fields
Oil giant ExxonMobil has announced it will invest $1.5 billion in Nigeria’s deepwater oil exploration and development over the next two years. The company said this fresh investment will be …
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Nigeria Leads Africa’s Renewable Energy Push, Says House Speaker Abbas
The Speaker of the House of Representatives, Hon. Tajudeen Abbas, has said that Nigeria is playing a major role in the effort to provide electricity to 300 million Africans by …
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LONGi Solar Expands Global Reach with Latin American Solar Project
A Chinese solar technology company, LONGi Solar, has entered into a major partnership to support Latin America’s move towards renewable energy. The company’s European branch will supply over 100 megawatts …
The Federal Government is set to launch a Green Mortgage Scheme in collaboration with the German Development Cooperation (GIZ) to promote energy-efficient and climate-smart housing in Nigeria. This initiative was …