In the News

KEY POINTS Nigeria’s fiscal inflows have risen sharply following the implementation of an executive directive issued by President Bola Tinubu that reshaped how oil revenues are remitted to the Federation …

KEY POINTS Nigerian billionaire businessman, Femi Otedola, has denied reports claiming he funded the Dangote Petroleum Refinery, describing the claims as false and misleading. In a post on X (formerly …

KEY POINTS Seplat Energy Plc is heading into the second quarter of 2026 with strong production momentum, even before the full return of key assets like the Yoho offshore platform. …

NamPower will cut electricity across Kavango West and East on May 17 for maintenance work, affecting residents, businesses and neighboring countries.

Nigeria’s NEMSA and NERC have committed to stronger collaboration on electrical safety, technical inspections and regulatory compliance across the power sector.

A Tanzanian official says Ethiopia’s growing energy output highlights the urgent need for stronger intra-African trade to drive industrial growth.

South Sudan has revoked Oranto Petroleum’s Block B3 license after the Nigerian firm spent nine years without drilling a single exploration well.

Nigeria’s PETAN is using OTC 2026 in Houston to assert the growing influence of indigenous firms in shaping Africa’s energy future.

South Africa’s Ewseta burned through R58 million in public funds on a Johannesburg building it never occupied, and no one has been held accountable.

KEY POINTS The government of Egypt has raised natural gas prices for several industries as part of efforts to manage rising energy costs. The decision, announced through a prime ministerial …