KEY POINTS Chairman of FirstHoldCo, Femi Otedola, has expressed interest in acquiring $100 million worth of shares in the proposed Initial Public Offering (IPO) of the Dangote Petroleum Refinery and …
KEY POINTS South Africa’s state-owned power utility Eskom has begun exploratory discussions with the World Bank Group over potential funding support for a major nuclear energy expansion programme. The proposed …
KEY POINTS Residents in Lagos State are grappling with a steady rise in cooking gas prices, which has significantly increased financial pressure on households and small businesses. A market survey …
KEY POINTS Egypt has signed a memorandum of understanding (MoU) with ExxonMobil and QatarEnergy to explore the integration of Cypriot natural gas resources with Egypt’s existing gas infrastructure. The agreement, …
KEY POINTS Despite a recent reduction in the gantry price of aviation fuel, Jet A1, by the Dangote Petroleum Refinery & Petrochemicals, airline operators and passengers across Nigeria are yet …
KEY POINTS Representatives of South Africa’s Government Employees Pension Fund (GEPF) and the Public Investment Corporation (PIC) have visited the facilities of the Dangote Petroleum Refinery & Petrochemicals and the …
KEY POINTS The Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, has issued a strong warning to individuals and companies operating in Nigeria’s petroleum sector without the required licences, permits, …
KEY POINTS Investors at the annual general meeting of Shell plc have challenged the company’s long-term strategy amid growing concerns about the future demand for fossil fuels. The meeting, held …
KEY POINTS The Federal High Court in Maitama, Abuja, has ordered the final forfeiture of a Hawker 800XP private jet linked to allegations of fraud, corruption, and money laundering connected …
KEY POINTS Dangote Petroleum Refinery and Petrochemicals has reduced the price of aviation fuel (Jet A1) from N1,750 to N1,650 per litre in a move designed to ease operational pressures …
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