In the News

Brent fell about 1.6% to near $104 a barrel as Hormuz shipping attacks clashed with a US plan to ease sanctions on oil vessels.

KEY POINTS Nigeria’s crude oil production rose to 1.72 million barrels per day in September 2026, marking the fifth consecutive month the country met its OPEC production quota, according to …

KEY POINTS The Coalition for Good Governance, CGG, has praised the Nigerian National Petroleum Company Limited, NNPCL, for offering a ₦66-per-litre petrol discount, describing the initiative as a timely intervention …

South Africa plans to procure 5 GW of gas-fired power and 4.6 GW of battery storage as the first allocations under its Integrated Resource Plan 2025.

A solar initiative training displaced and host community youth in Cameroon’s conflict regions has been named a finalist in the UN SDG Action Awards.

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 …