In the News

KEY POINTS The Federal Government has commissioned 640 megawatts (MW) of electricity transmission capacity and six new substations in Kano and Katsina states as part of efforts to strengthen Nigeria’s …

Nigeria’s sovereign wealth fund and Africa50 launched a $300 million fund to finance mini grids and standalone solar systems for underserved communities and businesses.

Oil prices rose more than 1% Friday as Houthi attacks in Saudi Arabia raised fears of further Middle East supply disruption, pushing Brent above $114.

KEY POINTS The Federal Government has added 544MW of wheeling capacity to the Kano power grid following the commissioning of four transmission substations across the state. The projects were delivered …

Brent crude closed up 4% at $113.17, its highest since May, as Houthi attacks on Saudi Arabia and Gulf shipping kept supply fears alive.

KEY POINTS The Transmission Company of Nigeria (TCN) has launched a public sensitisation campaign in Kebbi State to tackle vandalism and encroachment on land reserved for electricity transmission infrastructure. The …

Namibia’s contested Petroleum Amendment Bill has cleared its second reading, after an opposition walkout, over concerns it concentrates energy oversight in the presidency.

Aliko Dangote says his group bought 25% of Kenya Pipeline Company, a deal reported at $327 million, weeks after breaking ground on a Lamu refinery.

KEY POINTS Nigeria has renewed plans to list the Nigerian National Petroleum Company Limited, NNPC Ltd, and Nigeria LNG Limited (NLNG) on the stock exchange as part of efforts to …

KEY POINTS The Nigerian Upstream Petroleum Regulatory Commission, NUPRC, has warned companies holding undeveloped oil and gas blocks to begin development activities by October 31, 2026, or risk losing their …