As Nigeria’s foreign exchange market undergoes critical reforms, the Central Bank of Nigeria (CBN) has extended the deadline for Bureau De Change (BDC) operators to meet...
Africa must secure over $600 billion annually in upstream oil and gas investments to meet its growing energy demands, according to Gbenga Komolafe, Chief Executive Officer...
A recent dip in production at the Dangote Petroleum Refinery, triggered by maintenance operations, has prompted a rise in fuel imports across West Africa, with Nigeria...
In a strategic move to address the escalating impacts of climate change in Africa’s fragile zones, the African Development Bank (AfDB) and the Islamic Development Bank...
The Petroleum Technology Association of Nigeria (PETAN) has called on the federal government to urgently craft a strategic framework aimed at significantly increasing the country’s oil...
Investment analysts have raised their projected 2025 target price for Lafarge Africa shares from N100.68 to N104.71 per share, citing robust first-quarter performance. The company posted...
ExxonMobil has announced plans to inject $1.5 billion into Nigeria’s deepwater oil sector, marking a renewed commitment to the country’s energy industry. The investment, scheduled to...
Dangote Packaging Limited (DPL) has unveiled plans to expand its reach into the African export market, following a significant boost in production capacity enabled by the...
Nigeria is facing mounting economic pressure as Brent crude prices plunge below $60 per barrel, raising alarms about a weaker naira and a widening fiscal deficit....
Nigeria is on course to complete repayment of its International Monetary Fund (IMF) Rapid Financing Instrument (RFI) loan by 2029, based on the latest repayment schedule...