Ikeoluwa Juliana Ogungbangbe

Meta signed long-term nuclear power deals with Vistra and backed new reactor projects as it secures electricity supply for expanding data centers and artificial intelligence growth

Venezuela’s oil stockpiles at sea jumped sharply as US enforcement tightened, tankers stalled offshore, and Chinese buyers grew cautious about future crude supplies

Aliko Dangote has filed a fresh petition with the EFCC against ex-NMDPRA chief Farouk Ahmed, escalating corruption allegations after withdrawing a similar ICPC complaint

Levene Energy secured a $64 million Afreximbank facility to back an Axxela-linked gas investment, signaling a strategic move from oil trading into infrastructure

Wale Tinubu highlighted deals by Femi Otedola and Tony Elumelu, saying the transactions reflect a shift in ownership and capital across Nigeria’s power and oil sectors

Aliko Dangote withdrew his petition against former regulator Ahmed Farouk, but Nigeria’s anti-graft agency says its investigation into the allegations is continuing

Shell warned of a fourth-quarter loss in its chemicals and products unit as margins weakened, even as oil, gas and LNG production stayed within guidance

Ghana’s oil output is climbing after a new Jubilee well added fresh barrels, supporting revenue growth and reinforcing the country’s role in West Africa’s offshore crude market

Venezuela and the US struck a deal to export up to $2 billion in crude, redirecting oil from China and easing pressure from sanctions and storage limits

Sahara Power plans to lift generation capacity to 7,000 megawatts as reforms and debt repayment help stabilise Nigeria’s long-troubled electricity market