In the News

KEY POINTS The chairman of the West African Power Pool (WAPP) Executive Board, Sule Abdulaziz, has been unanimously re-elected for another three-year term, with a call for stronger financial commitments …

KEY POINTS Dangote Petroleum Refinery and Petrochemicals has extended its initial public offering, IPO, by two weeks to give more investors in Nigeria and across Africa an opportunity to participate …

Brent crude slipped toward $105 a barrel as prospects of Russian diesel supplies eased fuel worries, while Saudi attacks and Hormuz shipping risks limited losses.

A $600 million Sankofa upgrade and a second Atuabo processing plant could cut Ghana’s reliance on costly fuels, but lower electricity bills are not guaranteed.

KEY POINTS The Coalition of Citizens Groups for Good Governance has welcomed the Federal Government’s planned 30-day petrol discount at Nigerian National Petroleum Company Limited (NNPC) stations, describing it as …

KEY POINTS The Nigerian Upstream Petroleum Regulatory Commission, NUPRC, has warned oil and gas companies holding undeveloped assets that they risk losing their licences if they fail to meet their …

Nigeria’s refiners support forward crude sales but warn the planned N1,350 petrol price cap could bring back subsidy or price controls, the refiners’ group says.

Pipeline firm PINL says host communities will decide whether Nigeria reaches 2 million barrels a day by 2027, as crude theft along its lines falls.

KEY POINTS The Nigerian Upstream Petroleum Regulatory Commission, NUPRC, has approved 128 oil wells for drilling and the re-entry of 77 existing wells in 2026 as part of efforts to …

KEY POINTS The Federal Government’s 30-day petrol discount initiative at Nigerian National Petroleum Company Limited, NNPC Ltd, retail stations has recorded a slow start across the country, with prices falling …