Afreximbank Confirms Disbursement of $2.25bn Crude Oil Prepayment Facility

The African Export-Import Bank (Afreximbank) has confirmed the initial disbursement of $2.25 billion out of the…

Libya Discusses Gas Pipeline Proposal from Nigeria to Europe

Libya’s Prime Minister, Abdul Hamid Dbeibah, discussed the possibility of establishing a gas pipeline from Nigeria…

Nigeria, Saudi Arabia to Develop Solid Minerals Sector

Nigeria and Saudi Arabia have resolved to strengthen collaboration between both countries to enhance the development…

Ogunbiyi Presents E-mobility Plans for NorthEast

United Nations’ special representative for sustainable energy, Damilola Ogunbiyi, has highlighted plans for e-mobility deployment in…

TCN Disconnects Ajaokuta Steel from Grid Due to N33bn Debt

The Transmission Company of Nigeria (TCN) has disconnected Ajaokuta Steel Company Limited (ASCL) from the national…

Kenya Startups Attracted $800m Venture Capital in 2023 –Report

Kenyan startups attracted $800 million (Sh127.2bn) in venture capital in 2023, surpassing Egypt, Nigeria and South…

FG Inaugurates Optimera Energy’s Gas Infrastructure in Lagos

Yesterday, the Minister of State for Petroleum Resources (Gas), Hon. Ekperikpe Ekpo and the Special Adviser…

Dangote Refinery to Begin Test Run this Week

A Dangote Group official who spoke to Reuters said the Dangote refinery will commence test runs this…

NERC Plans to Sell Kaduna Electric over $130m Debt

Due to mounting debt, the Nigerian Electricity Regulatory Commission (NERC) is preparing to sell Kaduna Electricity…

Nigerian Content Board Rejects 328 Expatriate Requests in Oil and Gas Sector

The Nigerian Content Development and Monitoring Board (NCDMB) declined 328 expatriate requests from oil and gas…