In the News

KEY POINTS The average retail price of Premium Motor Spirit (PMS), popularly known as petrol, increased significantly in May 2026, rising by 55.31 per cent compared to the same period …

KEY POINTS Nigeria’s capital market regulator, the Securities and Exchange Commission, SEC, has ordered the immediate suspension of all promotional and marketing activities relating to a purported Initial Public Offering, …

KEY POINTS ExxonMobil’s major oil refinery in Antwerp, Belgium, is set to temporarily suspend production for five days following a planned strike by workers protesting job losses and what they …

KEY POINTS The National Energy Regulator of South Africa (Nersa) is set for a leadership transition following the resignation of its chairperson, Thembani Bukula, who officially left office on June …

Nigeria’s Standards Organisation of Nigeria has commissioned a 200-kilowatt solar power system in Lagos, targeting N15 million in monthly energy cost savings.

A study tracking 3,139 African power plants finds fossil fuels will still supply 61 percent of the continent’s electricity by 2030, despite renewable growth.

President Adama Barrow has assured Gambians of stable, uninterrupted electricity within two to three years, saying recent outages stemmed from technical faults now resolved.

KEY POINTS The Nigerian Upstream Petroleum Regulatory Commission, NUPRC, has called for the adoption of advanced technologies, including drone surveillance systems, to improve monitoring and protection of oil and gas …

KEY POINTS Libya’s National Oil Corporation (NOC) has granted an offshore oil exploration licence to a consortium of international energy companies, marking a significant step in the country’s efforts to …