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In the News

  • In the News

    Uganda Seeks $190 Million Loan to Expand Solar Irrigation Across the Country

    by Ikeoluwa Juliana Ogungbangbe June 10, 2026
    by Ikeoluwa Juliana Ogungbangbe June 10, 2026

    Uganda’s parliament is voting on a Shs734 billion loan from UK Export Finance and Citibank to expand solar irrigation to more farming communities nationwide.

  • In the News

    Tony Elumelu’s Heirs Energies Plants Trees Along Nigeria’s Agbada Gas Corridor in Rivers State

    by Ikeoluwa Juliana Ogungbangbe June 10, 2026
    by Ikeoluwa Juliana Ogungbangbe June 10, 2026

    Tony Elumelu’s Heirs Energies has launched a tree-planting initiative along its Agbada gas corridor in Rivers State as part of its sustainability agenda.

  • In the News

    Tony Elumelu Named Chairman of Seplat Energy, Succession Plan Announced

    by Oluwatosin Racheal Alabi June 10, 2026
    by Oluwatosin Racheal Alabi June 10, 2026

    KEY POINTS Nigerian billionaire investor and Chairman of United Bank for Africa (UBA), Tony Elumelu, has been appointed Chairman-designate of Seplat Energy. The appointment will take effect from January 1, …

  • In the News

    Shell Outlines Strategies to Boost Nigeria’s Gas Utilisation and Industrial Growth

    by Oluwatosin Racheal Alabi June 10, 2026
    by Oluwatosin Racheal Alabi June 10, 2026

    KEY POINTS Shell Nigeria Gas, SNG, has identified key strategies Nigeria can adopt to significantly improve its natural gas utilisation and unlock industrial growth. The company says expanding pipeline infrastructure …

  • GovernmentIn the NewsOil & Gas

    Gambia Signs Offshore Oil Deal with Eni

    by Oluwatosin Racheal Alabi June 10, 2026
    by Oluwatosin Racheal Alabi June 10, 2026

    KEY POINTS The Government of The Gambia has signed a major offshore petroleum exploration agreement with global energy company Eni, marking a significant step in its ambition to develop the …

  • In the NewsMarketsOil & Gas

    Standard Bank Backs Dangote Refinery IPO

    by Oluwatosin Racheal Alabi June 10, 2026
    by Oluwatosin Racheal Alabi June 10, 2026

    KEY POINTS Africa’s largest financial institution, Standard Bank Group, has pledged its support for the planned Initial Public Offering, IPO, of the Dangote Petroleum Refinery, signalling strong investor confidence in …

  • In the News

    Ikogosi Resort Saves N513 Million After a $200,000 Solar Investment Cut Diesel Bills

    by Ikeoluwa Juliana Ogungbangbe June 9, 2026
    by Ikeoluwa Juliana Ogungbangbe June 9, 2026

    Ikogosi Warm Springs Resort has saved N513 million in energy costs after a $200,000 solar investment cut the facility’s diesel dependence significantly.

  • In the News

    Nigerian Independent Oil Producers Have Doubled Their Share of Output in a Decade

    by Ikeoluwa Juliana Ogungbangbe June 9, 2026
    by Ikeoluwa Juliana Ogungbangbe June 9, 2026

    Nigerian independent oil producers have doubled their share of national output over a decade, growing from 12 percent to 27 percent, Wood Mackenzie data shows.

  • In the News

    Energia Appoints Nigeria’s First Female Oil and Gas CFO Tai Oshisanya to Its Board

    by Ikeoluwa Juliana Ogungbangbe June 9, 2026
    by Ikeoluwa Juliana Ogungbangbe June 9, 2026

    Energia Limited has appointed Tai Oshisanya, widely recognized as Nigeria’s first female CFO of an international oil and gas company, to its board.

  • In the News

    GDC Says Gambia’s Power Crisis Is Now a National Emergency

    by Ikeoluwa Juliana Ogungbangbe June 9, 2026
    by Ikeoluwa Juliana Ogungbangbe June 9, 2026

    Gambia’s main opposition party has declared the country’s electricity crisis a national emergency, saying millions of dalasis are being lost daily as outages worsen.

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Nigeria’s Oil Boom: Record Production in September 2023

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Oil Prices Fall as US-Iran Peace Deal Reopens Strait...
Dangote Refinery Slashes West Africa Fuel Imports
SERAP Sues NNPCL Over ₦5.9bn Rebranding Cost

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