In the News

KEY POINTS Nigeria’s state-owned oil company, Nigerian National Petroleum Company Limited, NNPC, has commenced a competitive bidding process for the marketing of its newly introduced Cawthorne crude oil grade as …

Nigeria has broken into the top 10 countries shipping solar panels to the United States, a report shows, as global supply chains shift fast.

Namibia’s state power firm has switched on Africa’s first digital substation near the coast, anchoring a sweeping plan to upgrade the national grid.

Ghanaian households and businesses will see higher power and water bills from July 1 after the regulator approved its latest quarterly tariff increase.

Zimbabwe has landed a 25-year deal for a 50-megawatt solar plant near Chegutu, a move expected to ease chronic power shortages and draw fresh investment.

KEY POINTS The average retail price of Premium Motor Spirit (PMS), popularly known as petrol, increased significantly in May 2026, rising by 55.31 per cent compared to the same period …

KEY POINTS Nigeria’s capital market regulator, the Securities and Exchange Commission, SEC, has ordered the immediate suspension of all promotional and marketing activities relating to a purported Initial Public Offering, …

KEY POINTS ExxonMobil’s major oil refinery in Antwerp, Belgium, is set to temporarily suspend production for five days following a planned strike by workers protesting job losses and what they …

KEY POINTS The National Energy Regulator of South Africa (Nersa) is set for a leadership transition following the resignation of its chairperson, Thembani Bukula, who officially left office on June …

Nigeria’s Standards Organisation of Nigeria has commissioned a 200-kilowatt solar power system in Lagos, targeting N15 million in monthly energy cost savings.