In the News

KEY POINTS Kenya has announced a significant increase in retail fuel prices, raising them by as much as 23.5% following continued volatility in global oil markets linked to tensions in …

KEY POINTS The National Pension Commission (National Pension Commission), PenCom has granted Pension Fund Administrators (PFAs) special approval to invest pension assets in the planned Initial Public Offering of the …

KEY POINTS The President of the Dangote Group, Aliko Dangote, has revealed that the Nigerian National Petroleum Company (NNPC Limited) attempted to increase its equity stake in the Dangote Petroleum …

Nigeria’s anti-graft agency has arrested the Energy Commission director-general over N701 billion allegedly tied to APC governors and a widening financial probe.

KEY POINTS Nigeria has once again failed to meet its crude oil production quota set by the Organization of the Petroleum Exporting Countries, OPEC, after recording an average daily output …

KEY POINTS Global oil prices remained largely unchanged on Thursday after reports from Iran suggested that about 30 vessels had recently crossed the Strait of Hormuz, easing immediate concerns over …

KEY POINTS Nigerian billionaire businessman, Aliko Dangote, has revealed that he rejected attempts by the Nigerian National Petroleum Company Limited, NNPC, to increase its minority stake in the soon-to-be publicly …

KEY POINTS The price of Liquefied Petroleum Gas (LPG), commonly known as cooking gas, has surged again across Nigeria, with a 12.5kg cylinder now selling for about ₦18,750, while the …

Tanzania has drilled 12 wells at its Songo Songo gas block, with the government now in talks to extend a key production licence set to expire in October.

China has signaled readiness to back Namibia’s nuclear energy push, with Beijing citing the country’s position as one of the world’s top uranium producers.