In the News

KEY POINTS Nigeria and Germany have put new money behind their development partnership, committing roughly €65 million in financial and technical cooperation across agreed priority sectors and laying the groundwork …

Rwanda sealed several investment and cooperation agreements at the Africa CEO Forum, spanning energy, manufacturing, hospitality and financial services sectors.

KEY POINTS Global oil prices surged on Friday, rising more than 3%, after comments by U.S. President Donald Trump signaled growing frustration with Iran, raising fresh fears over potential disruptions …

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 …