Dangote Refinery has again announced a cut in the price of its diesel, bringing further relief to Nigerians who have been grappling with high energy costs. In a statement issued …
ENERGY SECTOR
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AFRICA NEWSBusiness and EconomyEconomyEnergyFinance & ServicesNigeriaOil & Gas
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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 …
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The National Pension Commission (PenCom) is stepping up efforts to recover unpaid pension contributions from electricity generation and distribution companies across Nigeria. Omolola Oloworaran, the Director-General of PenCom, led a …
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EconomyGOVERNMENTOil & GasPolitics
Edo Rep, Esosa Iyawe, Hails Tinubu’s Reconstitution of NNPC Board, Says It Will Boost Energy Sector Reforms
The member representing Oredo Federal Constituency in the House of Representatives, Hon. Esosa Iyawe, has praised President Bola Tinubu for what he described as the “timely and strategic” overhaul of …
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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 …
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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 …
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Business and EconomyEnergyTransportation & Logisitics
Petrol Prices Rise to N970 per Litre Amid Industry Challenges
The price of Premium Motor Spirit (PMS), commonly known as petrol, has surged to between N930 and N970 per litre in Nigeria. This increase is attributed to ongoing industry disputes …
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EconomyEnergyGOVERNMENTINVESTMENTOil & GasPolicies
NNPC Limited to Sell Shares in Landmark Move Towards Privatization
The Nigerian National Petroleum Company Limited (NNPC Ltd) has announced plans to sell shares to the public as part of its transition into a fully commercial entity. This move is …
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Eastern AfricaEconomyEnergyEthiopiaGOVERNMENTPoliciesTransportation & Logisitics
Ethiopian Government Raises Fuel Prices Amid Scarcity and Black Market Surge
The Ethiopian government has once again increased fuel prices, raising concerns among citizens already grappling with widespread shortages and the rising cost of living. The new prices took effect on …
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Russian news agency TASS reported on Wednesday that Russia approved the nuclear cooperation agreement which it had signed with Morocco in 2017. In line with Morocco’s strategy to prioritize greener …