Industry

Nigeria and other African countries have benefited from €108 million invested through the European Investment Bank’s (EIB) Boost Africa initiative over the past 10 years. European Union Ambassador to Nigeria and ECOWAS, Gautier…
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Vice President Kashim Shettima Nigeria is set to deepen bilateral relations with key international partners as world leaders gather in New Delhi, India, for the 18th BRICS Leaders’ Summit. Vice President Kashim Shettima will represent…
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Nigeria’s crude oil production fell by 5,000 barrels per day (bpd) in August 2026, extending a two-month decline in output reported directly by the country to the Organisation of the Petroleum Exporting Countries (OPEC). According…
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The proposed initial public offering of Dangote Petroleum Refinery and Petrochemicals has drawn strong backing from prominent African and international leaders, who say opening the industrial giant to wider ownership could mark a new…
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A new self-service fueling system at selected NNPC Retail stations is offering Nigerian motorists a more convenient way to buy petrol, allowing customers to complete payments digitally and fuel their vehicles directly at the pump. Read…
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Angola Oil & Gas 2026 opened with a focus on long-term hydrocarbon development, more than $70 billion in projected investment, Sonangol’s expanding operational role and downstream growth The Angola Oil & Gas (AOG) Conference…
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Greece, Cyprus and Egypt are stepping up efforts to develop a major eastern Mediterranean energy corridor that could bring Cypriot natural gas to European markets while avoiding the Strait of Hormuz and the Red Sea. The proposed…
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The National Insurance Commission (NAICOM) has accused the promoters of NICON Insurance Plc and Nigeria Reinsurance Corporation of sponsoring what it described as a false and malicious publication alleging fraud in the recently…
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The Nigerian National Petroleum Company Limited, NNPC Ltd., is set to introduce between 50 and 70 technology-driven energy stations across Nigeria within the next six months. The planned outlets will move beyond the conventional…
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LEKOIL Nigeria Limited has unveiled a fresh growth strategy aimed at building production capacity to 100,000 barrels of oil per day. The company revealed the aggressive drive at a recent Africa Oil Week 2026 in Accra, Ghana,…
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