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Monthly Archives

April 2025

  • In the News

    Benedict Peters: Envy-Fueled Fiction Fails to Tarnish Legacy

    by Adenike Adeodun April 8, 2025
    by Adenike Adeodun April 8, 2025

    Key Points Benedict Peters is known for his success in business and his dedication to building Africa’s future. However, some have tried to tarnish his reputation with false stories. These …

  • In the NewsMarketsOil & Gas

    Shell Lowers First-Quarter LNG Production Forecast Due to Weather

    by Ikeoluwa Juliana Ogungbangbe April 8, 2025
    by Ikeoluwa Juliana Ogungbangbe April 8, 2025

    Shell lowers its LNG production forecast for the first quarter due to cyclones and unplanned maintenance, expecting output between 6.4-6.8 million tons

  • In the News

    “It Was Overblown,” Dele Momodu Clears Arrest Story About Billionaire Benedict Peters

    by Ikeoluwa Juliana Ogungbangbe April 8, 2025
    by Ikeoluwa Juliana Ogungbangbe April 8, 2025

    Dele Momodu debunks arrest rumors about Benedict Peters, clarifying that the situation was handled professionally by Ghanaian authorities

  • In the News

    Ghanaian Police Clear Up False Arrest Reports of Tycoon Benedict Peters

    by Adedotun Oyeniyi April 8, 2025
    by Adedotun Oyeniyi April 8, 2025

    KEY POINTS A recent viral report claiming the arrest of Benedict Peters, the influential founder of Aiteo Group and a renowned pan-African businessman, has been thoroughly denied by Ghanaian police …

  • In the NewsMarketsOil & Gas

    Oil Prices Plunge 6% After Tariff Hikes, OPEC+ Supply Boost

    by Ikeoluwa Juliana Ogungbangbe April 4, 2025
    by Ikeoluwa Juliana Ogungbangbe April 4, 2025

    Oil prices drop 6% following new tariffs and OPEC+ output increase, marking the steepest decline since 2022

  • Oil & Gas

    Libya’s Oil Corporation Faces Payment Crisis as Barter System Collapses

    by Adedotun Oyeniyi April 3, 2025
    by Adedotun Oyeniyi April 3, 2025

    KEY POINTS The Libyan National Oil Corporation (NOC) is grappling with mounting financial pressures as the country’s decades-old barter system for oil imports comes to an abrupt halt. North Africa …

  • In the NewsOil & Gas

    Oil Prices Dip as Trump Tariffs Loom Over Global Market

    by Ikeoluwa Juliana Ogungbangbe April 2, 2025
    by Ikeoluwa Juliana Ogungbangbe April 2, 2025

    Oil prices dip as traders brace for Trump tariffs and potential disruptions to global supply

  • Energy Transition

    South Africa Accelerates Energy Transition with 1,164km of New Transmission Lines

    by Adedotun Oyeniyi April 1, 2025
    by Adedotun Oyeniyi April 1, 2025

    KEY POINTS South Africa is embarking on an ambitious infrastructure project to add 1,164 kilometers of new high-voltage transmission lines by 2026, Energy Minister Gwede Mantashe announced this week. According …

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Nigeria’s Oil Boom: Record Production in September 2023

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