The Nigerian National Petroleum Company (NNPC) Limited has appointed Adesua Dozie and three others into top management positions, as part of an ongoing shake-up aimed at boosting efficiency and attracting …
Energy
- Business and EconomyEnergyGOVERNMENTNigeriaOil & GasWestern Africa
- Eastern AfricaEconomyEnergyEnvironmentINVESTMENTKenyaTechnology
Kenya’s Green Energy Boom: EVs, Hydrogen and Autogas Drive Investment Surge
Kenya is fast becoming one of Africa’s most attractive destinations for clean energy investment, with new figures from the Energy and Petroleum Regulatory Authority (EPRA) showing rapid growth in electric …
In a move to ensure stable electricity in Ondo State, Lincs Power Energy Solutions has joined hands with the state government to build a 5-megawatt power project. The project aims …
- Business and EconomyEnergyEnvironmentInfrastructureMarketsOil & Gas
65% tank farms dormant due to fuel subsidy removal
The battle for dominance in Nigeria’s downstream oil sector has led to the closure of no fewer than 70 tank farms over the past two years, leaving many of these …
- BusinessEconomyEnergyGOVERNMENTManufacturing & Consumer Goods
NNPCL raises petrol pump price to N950/litre
The Nigerian National Petroleum Company Limited (NNPCL) has increased the pump price of petrol to N925 per litre in Lagos and N950 per litre in Abuja, following weeks of speculation …
- BusinessEconomyEnergyGOVERNMENTPolitics
EXPLAINER-What to know as a new CEO takes over at Nigeria’s state oil firm NNPC
Nigeria’s President Bola Tinubu has appointed former Shell executive Bayo Ojulari as the new head of the Nigerian National Petroleum Company (NNPC) along with a new board, raising hopes for …
Nigeria and Spain have signed a memorandum of understanding (MoU) to establish political and diplomatic consultations. The agreement, signed by Nigeria’s Minister of Foreign Affairs, Yusuf Tuggar, and his Spanish …
- Business and EconomyEnergyGOVERNMENTLeadershipNigeriaWestern Africa
Tinubu Sacks NNPC Board, Appoints New Leadership
President Bola Tinubu has dissolved the board of the Nigerian National Petroleum Company (NNPC), including Group Chief Executive Officer Mele Kyari and board chairperson Pius Akinyelure. In a statement by …
- BusinessDevelopmentEnergyINVESTMENT
African energy: Opportunities and challenges presented by Russia’s investments
Africa’s energy sector is drawing attention from powerful global players, with Russia positioning itself as a key partner. The continent, rich in oil, gas, and other natural resources, stands at …
- AfricaBusinessEnergyFinance & Services
Standard Bank almost doubles sustainable finance commitments to R450 billion
Standard Bank Group, Africa’s biggest bank by assets, has raised its sustainable finance targets by 80% to R450 billion in the next three years. This move is part of the …