Backbone Secure $50bn Investment For Refinery in Ondo State

Backbone Infrastructure Ltd (BINL) has secured over $50 billion in funding commitments to build a 500,000…

NNPCL Reaffirms Commitment to Ending Energy Poverty

The Nigerian National Petroleum Company Limited (NNPCL) has reaffirmed its commitment to ending energy poverty in…

Sinopec Enters Battery Market with Sodium-Ion Venture

China’s largest oil refiner, Sinopec, has entered the battery market through a new joint venture with…

Electricity Debt: Togo, Niger, Benin Owe Nigeria $20m for Q1 2025

Togo, Niger, and Benin collectively owe Nigeria nearly $20 million in unpaid electricity bills for power…

Nigeria’s Climate Fund Drives Green Investment Push

The National Climate Change Fund in Nigeria is emerging as a key driver of the country’s…

MUFG-Backed Green Loan Fund Attracts $600m

A climate finance platform co-founded by MUFG, Japan’s biggest financial group, has raised an initial $600…

Nigeria Targets 2mbpd by 2027, Says NNPC

Nigeria is advancing its plan for oil production growth, aiming for two million barrels per day…

Chobe Game Lodge Drives Sustainable Safaris with EV Innovation

Botswana’s Chobe National Park is emerging as a focal point for innovation in sustainable tourism. This…

Israeli Energy Minister Halts Approval of $35 Billion Gas Deal with Egypt

Israel’s energy minister said he was holding up the approval of a $35bn natural gas deal…

Marketers Raise Alarm as Nigeria’s 15% Fuel Import Duty Threatens Operations

Nigeria’s 15% fuel import duty on petrol and diesel has triggered strong reactions across the nation’s…