Oil prices up; strong demand outweighs surprisingly big OPEC+ output hike Oil prices rose nearly 2% on Monday as signs of strong demand more than offset the impact of a higher-than-expected OPEC+ output hike for August and fresh concerns…
NNPC Ltd Donates 35 CNG Buses to Presidential Initiative on CNG
GCEO NNPC Ltd, Engr Bashir Bayo Ojulari (flanked on his right by the Minister of State for Petroleum Resources (Gas), Rt.Hon. Ekperikpe Ekpo and on his left by the Programme Coordinator/CEO, Presidential CNG Initiative, Mr Michael Oluwagbemi) cuts a tape…
Eni signs $1.35 billion production sharing deal with Algeria’s Sonatrach
Eni signs $1.35 billion production sharing deal with Algeria’s Sonatrach Algeria’s state-owned oil company Sonatrach and Italy’s Eni have signed a 30-year production sharing contract to explore and develop the Zemoul El Kbar region of Algeria, Sonatrach said in…
TotalEnergies’ Ubeta Project to Boost Nigeria’s Gas Ambitions – Bouyer
Reaffirms Commitment to Nigeria for the long term. TotalEnergies EP Strategy of More Energy, Less Emissions is guiding all the company’s operations in Nigeria and aligns with the Nigerian government’s policies and programmes. TotalEnergies is taking a bold step…
TUC, JOHESU dismiss leadership crisis claims at Fed Neuro-Psychiatric Hospital
TUC, JOHESU dismiss leadership crisis claims at Fed Neuro-Psychiatric Hospital The Trade Union Congress (TUC), Lagos State Chapter, and the Joint Health Sector Unions (JOHESU), Federal Neuro-Psychiatric Hospital (FNPHY), Yaba Branch, have strongly refuted recent claims of a leadership…
Arunma Oteh, Bronwen Everill, Toni Kan Emerge Winners at the BCA African Business Book of the Year 2025
Renowned economist Arunma Oteh has won the 2025 BCA Business Book of the Year Award for her groundbreaking work on African capital markets. With powerful runner-up titles by Bronwen Everill and Toni Kan, the awards highlight Africa’s bold new narratives in enterprise and development.
EKEDC installs 10,000+ Meters in Ijora District, Distributes 1,000 Free Units MAF tranche A
The Eko Electricity Distribution Company (EKEDC) has announced the installation of over 10,000 meters in the Ijora District, with more than 1,000 free prepaid meters distributed under Tranche A of the Meter Asset Financing (MAF) scheme, which targeted Band A…
Wild Africa urges action against bushmeat trade to prevent future pandemics
Wild Africa urges action against bushmeat trade to prevent future pandemics As the world marks World Zoonoses Day, Wild Africa is calling for urgent and consistent action to reduce the risk of future pandemics by curbing the illegal bushmeat…
Dangote Holds the Key to Lower Inflation – Financial Derivatives
Photo: Illustration of Dangote Refinery plant and Bismarck Rewane – credit: channlestv Dangote Petroleum Refinery has been identified as crucial to reducing inflation in Nigeria, according to a report by the Financial Derivatives Company (FDC) Limited, an economic think…
Smell of Wildfires Reaches Berlin as Warning Issued for Brandenburg
The smell of burning reached Berlin on Saturday as wildfires continued to rage in Saxony to the south of the German capital, and officials issued a warning to many in Brandenburg, the state that surrounds the city. The wind has…