KEY POINTS Across Nigeria, a fresh crop of young real estate entrepreneurs is reshaping how wealth is built and stored. Once dominated by oil, import licences and government patronage, the …
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In the News
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KEY POINTS Crude oil prices remained broadly unchanged on Monday even after OPEC+ announced plans to slow its production growth, with traders balancing concerns over a potential surplus against fresh …
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In the NewsOil & Gas
Dangote Group Says 15% Fuel Tariff Will Keep Prices Stable and Protect Nigeria’s Industry
KEY POINTS The Dangote Group has moved to allay public concerns over Nigeria’s new fuel import tariff, saying the policy will not raise pump prices but will instead protect the …
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Energy TransitionIn the News
Cooking Gas Prices Stay High at N1,200 per Kilogram Despite Marketers’ Assurances
KEY POINTS Cooking gas prices across Nigeria have continued to soar despite repeated assurances from marketers that the commodity would soon revert to its pre-October range of N950 to N1,000 …
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KEY POINTS Nigeria’s oil magnate Tein Jack-Rich has called on African nations to take charge of their own energy future by using the continent’s immense gas reserves and market potential …
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In the NewsOil & Gas
Dangote Refinery Surpasses Nigeria’s Fuel Demand with 70 Million – Litre Daily Output
KEY POINTS The Dangote Petroleum Refinery has reached a historic milestone, producing a combined 70 million litres of petrol and diesel daily, a volume that outstrips Nigeria’s total domestic fuel …
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KEY POINTS ExxonMobil is in advanced discussions with power producers and leading technology companies to provide energy for artificial intelligence data centres using natural gas facilities equipped with carbon capture …
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Energy TransitionIn the News
Eskom Overhauls Board with Seven New Appointments to Drive Reform and Energy Stability
KEY POINTS Eskom Holdings SOC Limited has announced a sweeping reconstitution of its Board of Directors, unveiling seven new appointments effective 1 December 2025, in what officials describe as a …
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In the NewsOil & Gas
Mozambique Pushes Back on TotalEnergies’ Revised LNG Plan Amid Rising Project Costs
KEY POINTS Mozambique’s government has hinted at possible resistance to TotalEnergies’ revised budget and timeline for its liquefied natural gas, LNG, project, signalling that the country may not easily approve …
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In the NewsOil & Gas
Arbitration Storms Shake Global LNG Industry as Contracts Give Way to Courtroom Battles
KEY POINTS The liquefied natural gas industry, LNG, long anchored in decades-long contracts and mutual trust, is now navigating its most turbulent phase yet. Billionaires Africa reports that what was …