Economy

OML 30 Communities Threaten Protests Over Heritage Energy’s Contract Debts, Jobs

The ultimatum is further hinged on demands for prompt payment of agreed stipends and appreciation payments to traditional rulers and…

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PETAN: Nigeria’s Oil Output Can Rise If NUPRC Gives Assets To Capable Operators

Mr. Wole Ogunsanya, made the call in Lagos at the Nigeria Energy Leaders Summit 2026 organised by The Energy Year,…

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S&P Global Energy Opens New Abuja Office, Hosts Nigerian Oil And Gas Leaders

S&P Global Energy will officially open its new office in Abuja on Thursday, bringing together senior officials and industry leaders…

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George Elombi: Afreximbank Ready To Finance Djibouti-Ethiopia Infrastructure Projects

Elombi spoke on Thursday at the groundbreaking ceremony for the Damerjog Oil Terminal and Pipeline, the Damerjog-Dewele project. He said…

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$660 Million Djibouti-Ethiopia Pipeline To Boost Trade, Energy Security, Dangote Says At Groundbreaking 

“Djibouti will gain increased port activity, higher revenues and more jobs. A win-win outcome for both nations. Local businesses will…

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Volkswagen Deepens China EV Drive With Second Xpeng Model

The new model is part of Volkswagen’s “in China, for China” strategy, which focuses on reducing development times and producing…

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Nigerian Breweries Plants 340,000 Trees, Restores 350 Hectares Of Olokemeji Forest

The Olokemeji Forest Reforestation Project, which is in line with NB’s “Brew a Better World” sustainability agenda, is aimed at advancing environmental…

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Nigeria Unlocks 53-Year-Old Ima Gas Field With $800m TotalEnergies, AMNI FID

The project, located in Oil Mining Lease (OML) 112 and 117, is expected to produce about 350 million standard cubic…

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Dangote Refinery IPO Expands Access As Nigerians Can Subscribe Through Moniepoint Agents 24/7

BAccess to the Dangote Petroleum Refinery public offer has been further expanded, with prospective investors now able to subscribe for…

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CBK Approves Transfer Of Access Bank Kenya Assets, Liabilities To National Bank

The regulator said the transfer was approved on August 17, 2026, under Section 13(4) of the Banking Act, while the…

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