In the News

KEY POINTS Brent oil prices held steady on Monday as traders weighed renewed diplomatic engagement between the United States and Iran against ongoing geopolitical tensions and fresh supply signals from …

KEY POINTS A consortium led by Chevron has signed exclusive lease agreements with Greece to explore natural gas reserves in deep-sea blocks off the country’s southern coast, marking a significant …

NDPHC completes insurance risk survey at Omotosho and Sapele power plants to strengthen asset integrity and improve operational reliability

Eni confirms 500 million barrels of oil in Angola Block 15 06, with Algaita 01 discovery near existing offshore infrastructure

Nigeria daily petrol imports dropped 42 percent in January as Dangote Refinery boosted domestic supply, regulator data show

Telkom Q3 profit rose as mobile data and fibre demand lifted revenue, expanding margins despite pressure in its BCX division

KEY POINTS South African President Cyril Ramaphosa has reaffirmed that the government remains committed to creating an independent electricity transmission company, pushing back against claims that authorities intend to dilute …

KEY POINTS The Eko Electricity Distribution Company, EKEDC, has arraigned six residents of Lagos for alleged electricity theft and conspiracy following their arrest during a raid carried out on February …

KEY POINTS ExxonMobil has commissioned a third advanced plastics-recycling unit at its Baytown refinery complex, marking a major expansion of its waste-processing capabilities. The new unit increases the site’s ability …

KEY POINTS Nigerian billionaire businessman Femi Otedola has praised industrialist Aliko Dangote following a visit to the Dangote Refinery, describing the facility as the “eighth wonder of the world.” In …