Oluwatosin Racheal Alabi

KEY POINTS Electricity prices in South Africa have risen at a staggering rate over the past 25 years—four times the rate of inflation. These increases have hit low-income families particularly …

KEY POINTS Nigeria’s crude oil prices have remained relatively stable at $73 per barrel, despite a sharp drop in global benchmarks and increasing geopolitical tensions. This stability comes after a …

KEY POINTS In a significant development for BP, the company has announced its largest oil and gas discovery in over two decades, marking a pivotal moment as it shifts its …

KEY POINTS In a significant move for Libya’s oil and gas sector, the National Oil Corporation, NOC, announced on Monday that it has entered into a memorandum of understanding (MoU) …

KEY POINTS The World Bank has approved a $200 million grant to Zambia through its International Development Association (IDA) to accelerate energy access in the country. This grant represents the …

KEY POINTS South African homeowners with solar power systems are facing increased financial strain following Eskom’s tariff overhaul in April 2025. The power utility’s decision to shift more of its …

KEY POINTS South Africa’s embattled power utility, Eskom, is showing rare signs of a turnaround. With more than half of its coal-fired stations now operating above 70% efficiency and three …

KEY POINTS Libya’s Sharara oil field, the largest in the country, has surged to a production peak not seen since 2018, marking a significant milestone for the North African nation’s …

KEY POINTS Petroleum remains king in Nigeria’s export economy, commanding a lion’s share of its foreign trade earnings and reinforcing the West African nation’s position among the world’s major oil …

KEY POINTS Nigeria’s Presidency on Saturday firmly denied reports claiming that Bayo Ojulari, the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, NNPC Ltd, has resigned under …