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Government

  • Energy TransitionGovernment

    Nigeria’s Electricity Subsidy Persists Amid Economic Challenges

    by Oluwatosin Racheal Alabi March 13, 2024
    by Oluwatosin Racheal Alabi March 13, 2024

    Amid economic hardships, Nigeria’s government commits to maintaining electricity subsidies while emphasizing a gradual transition and renewable energy adoption.

  • GovernmentIn the News

    Malawi Embraces E-Mobility with 50,000 Electric Motorbikes Rollout

    by Ikeoluwa Juliana Ogungbangbe March 6, 2024
    by Ikeoluwa Juliana Ogungbangbe March 6, 2024

    Malawi is set to introduce 50,000 electric motorbikes, signaling a major shift towards sustainable transportation and reducing the nation’s carbon footprint.

  • Government

    Norway Helicopter Crash: Equinor Nurse Dies, Five Injured

    by Motoni Olodun March 5, 2024
    by Motoni Olodun March 5, 2024

    A helicopter crash off the coast of Norway has claimed the life of a nurse working for the state-owned oil company Equinor, and left five others injured. The incident occurred …

  • Government

    NECA Urges FG: Rethink Fuel Subsidy, Naira Float Policies Now

    by Oluwatosin Racheal Alabi February 21, 2024
    by Oluwatosin Racheal Alabi February 21, 2024

    NECA advises the Federal Government to review its economic policies on fuel subsidy removal and naira flotation to avert a looming unemployment crisis and stabilize the economy.

  • GovernmentMarketsOil & Gas

    Nigeria’s Import Duty Hike Sparks Cargo Diversion Crisis

    by Oluwatosin Racheal Alabi February 21, 2024
    by Oluwatosin Racheal Alabi February 21, 2024

    Amid rising import duties, Nigerian importers pivot to neighboring countries, escalating concerns over cargo diversion, economic instability, and potential job losses in the maritime and import sectors.

  • GovernmentIn the News

    Italy’s Plan to Power Africa and Europe Faces Resistance from AU

    by Motoni Olodun February 1, 2024
    by Motoni Olodun February 1, 2024

    Italy’s ambitious proposal to become a bridge for energy between Africa and Europe has met with scepticism from the African Union (AU), which questioned the feasibility and sincerity of the …

  • GovernmentOil & Gas

    Uganda Ditches Kenya for Tanzania in Oil Trade Row

    by Motoni Olodun January 29, 2024
    by Motoni Olodun January 29, 2024

    Uganda has decided to import its oil through Tanzania instead of Kenya, following a long-standing dispute over a government-to-government fuel deal. The move could cost Kenya millions of dollars in …

  • Government

    Ghana and India Join Forces to Tackle Climate Change with $1 Billion Carbon Credit Deal

    by Motoni Olodun January 24, 2024
    by Motoni Olodun January 24, 2024

    Ghana and India have announced a landmark partnership to develop carbon offset projects in the West African nation that could generate up to $1 billion in revenue. The deal, signed …

  • Energy TransitionGovernmentIn the News

    The Impacts of Oil Major Asset Divestments in Nigeria

    by Oluwatosin Racheal Alabi January 18, 2024
    by Oluwatosin Racheal Alabi January 18, 2024

    In a groundbreaking shift, Nigerian firms are mobilizing to acquire major oil assets, signaling a new era in the country’s oil and gas sector.

  • GovernmentIn the News

    Prominent Businessman Chris Igwe Shifts to APC in Major Political Move

    by Oluwatosin Racheal Alabi January 17, 2024
    by Oluwatosin Racheal Alabi January 17, 2024

    In a strategic political realignment, oil tycoon Chris Igwe, alongside over 5,000 supporters, defects from PDP to APC following discussions with Senator Orji Uzor Kalu.

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