Ikeoluwa Juliana Ogungbangbe

KEY POINTS The cost of petrol across Nigeria eased again in January 2026, offering motorists a bit of breathing space after months of high fuel expenses. Fresh figures released by …

KEY POINTS Nigeria’s flagship crude grade, Bonny Light, is trading around $71 per barrel, slightly down from about $72.30 earlier in the week. Despite the dip, the price remains comfortably …

KEY POINTS Ikeja Electric Plc has issued a public warning to traders, artisans, and shop owners operating beneath high-voltage electricity lines across Lagos, urging them to vacate immediately or risk …

KEY POINTS Abuja Electricity Distribution Company, AEDC, has announced plans to sign a bilateral electricity agreement with NNPC Limited to improve power delivery across Abuja. The proposed deal would allow …

KEY POINTS Eskom has stabilised South Africa’s electricity system to levels not seen in five years, according to the Department of Electricity, which says the country is no longer in …

KEY POINTS A Nigerian court has directed an oil exploration company owned by billionaire businessman Mohammed Indimi to pay $43.51 million to his daughters, Ameena and Zara Indimi, following a …

KEY POINTS A United States district court has sentenced Paulinus Okoronkwo, a Nigerian-American and former general manager at NNPC Limited, to 87 months in prison for accepting a $2.1 million …

KEY POINTS South Africa’s state-owned power utility, Eskom Holdings SOC Ltd., has sparked controversy after releasing a study arguing that installing emissions-cutting technology at its Medupi facility would be too …

KEY POINTS Shell Plc is in preliminary discussions with several companies, including a unit of Abu Dhabi National Oil Co., about selling a minority interest in its A$34 billion ($24 …

Nigeria’s state oil firm, NNPC, the Nigerian National Petroleum Company, is preparing to introduce a new crude oil blend known as Cawthorne, with its first export cargoes expected in the …