The Manufacturers Association of Nigeria (MAN) has projected sectoral real growth to hit about 3.2 per…
Category: News
NUPRC to Implement PIA, Increase Crude Oil Production
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has said it will prioritise the implementation of the…
Tinubu Promises to Improve Electricity Supply, Tax Laws in 2024
President Bola Tinubu, in his New Year’s speech, said Nigeria will simplify its tax laws and…
Kinetic Energy to Expand Natural Gas in South Africa
The recently signed liquefied natural gas (LNG) development project in South Africa’s Mpumalanga province is a…
NNPC, IPMAN Clash Over Fuel Subsidy Removal, Project N1,200/litre
The Nigerian National Petroleum Company Limited and fuel marketers, under the aegis of the Independent Petroleum…
ACWA Power Signs PPA for Solar, BESS in South Africa
Saudi-based independent power producer (IPP), ACWA Power, has signed a power purchase agreement (PPA) with government…
Dangote Refinery Receives Additional 1m Barrels of Crude Oil
Dangote Refinery received an additional one million barrels of crude oil yesterday. This new addition comes…
BUA Group to Set Up 700-ton LNG Project in Nigeria
BUA Group, a food, mining, manufacturing, and industrial conglomerate in Africa, has signed an agreement with…
Scatec Signs $100m Loan with World Bank for Clean Energy in Africa
Scatec (Release) signed a $100 million loan agreement with the World Bank’s International Finance Corporation (IFC) to replace…
Consortium Seals $5bn for Hydroelectric Project in Mozambique
A consortium comprising TotalEnergies, Électricité de France (EDF), and Sumitomo Corporation has signed crucial agreements with…