AEW 2026 to Position Transmission at the Center of Africa’s Data Center Buildout
The rapid expansion of AI and cloud computing is driving substantial capital deployment into Africa’s digital infrastructure. This positions high capacity hyperscale campuses as a core asset class.
South Africa remains the largest!-->!-->!-->!-->!-->…
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NCDMB, SNEPCo, LADOL Launch Human Capacity Development Programme
... For Supply Base Services
The Nigerian Content Development and Monitoring Board (NCDMB), in partnership with Shell Nigeria Exploration and Production Company (SNEPCo) and Lagos Deep Offshore Logistics (LADOL), has commenced a!-->!-->!-->!-->!-->…
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The N159trn question nobody in Abuja wants to answer
On the 31st of March 2026, President Bola Ahmed Tinubu sent a letter to the national assembly. In it, he asked for permission to borrow $6 billion from abroad. The request arrived wrapped in the usual language of fiscal responsibility,!-->!-->!-->…
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NCDMB Hosts Ghana National Oil Coy On Local Content Benchmarking Study
Officials of the Ghana National Petroleum Corporation (GNPC) with NCDMB personnel during a knowledge sharing and local content benchmarking visit by GNPC to Nigerian Content Tower
A delegation from the Ghana National Petroleum!-->!-->!-->…
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US, Iran Digitally Sign Peace Deal To Reopen Strait Of Hormuz
The framework agreement calls for the reopening of the Strait of Hormuz and a 60-day negotiating period focused on nuclear issues, sanctions, and regional security.
U.S. officials say sanctions relief will be phased and tied to!-->!-->!-->!-->!-->…
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Nigeria’s gas production hits 7.93bcf, domestic sales now 2.18bcf/d
Nigeria recorded a slight increase in gas production in May 2026 at 7.93bcf/d, representing a 0.63 percent year-on-year increase from the 7.88bcf/d recorded in the corresponding period of 2025. The Nigerian Upstream Petroleum!-->!-->!-->…
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Oshiomhole Claims NNPC Gave Akpabio’s Daughter Profitable Role Without Following Regular…
The Senator representing Edo North, Adams Oshiomhole, has accused the daughter of the Senate President, Godswill Akpabio, of getting a juicy position in the Nigerian National Petroleum Company Limited (NNPC) without following due!-->!-->!-->…
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US-Iran peace deal set for signing in Switzerland on Friday
A major diplomatic breakthrough appears to have been achieved after the United States and Iran reached a peace agreement aimed at ending months of conflict, with a formal signing ceremony expected in Switzerland on Friday.
According!-->!-->!-->!-->!-->…
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Oil price drops to 3-month low as US, Iran reach agreement to reopen Hormuz
Oil prices slipped to their lowest since March on Monday, June 15, 2026, after United States President Donald Trump and Iran’s deputy foreign minister said they had reached an initial deal to end the war and to resume traffic through!-->!-->!-->…
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Ignore IMF’s Advice On Fuel, Telecom Taxes, Economists Tell Federal Govt
Economists have urged the Federal Government to disregard the International Monetary Fund’s (IMF) recent recommendation to impose taxes on fuel and telecommunications services, warning that such measures would worsen inflationary!-->!-->!-->…
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