According to numbers provided to the government by the state oil corporation NNPC, the price of gasoline subsidies in Nigeria increased to 525.714 trillion naira
Category: Africa
Nigeria ravaged by worst floods in a decade: 300 people dead, food supply chain disrupted.
As a result of this year’s floods, which have claimed the lives of more than 300 people, including 20 this week, authorities in Nigeria claim
John Kerry, U.S climate envoy warns that African gas will be useless after 2030.
Long-term gas projects in Africa should not be invested in, John Kerry has said. On Thursday, September 15, the U.S. climate envoy was in Senegal
African gas: Eni acquires BP’s Algerian operations.
Eni, an Italian energy company, announced on Wednesday that it has agreed to buy BP’s operations in Algeria, including two significant gas fields. Eni confirmed
William Ruto to be sworn in as the 5th President of Kenya after Supreme Court victory.
William Ruto was declared the winner of the presidential election on August 9 by Kenya’s top court on Monday, rejecting petitions that sought to overturn
Sasol collaborates on green hydrogen projects with Japanese Itochu.
Sasol, a South African petrochemical corporation, announced on Friday that it was collaborating with Itochu Corp. of Japan to investigate the production of green hydrogen
Japan woos Africa from China with $30b aid at the Tunis summit.
At a time when the rules-based international order is in jeopardy following Russia’s invasion of Ukraine, Japan has offered $30 billion in aid to the
Oil Bunkering: Navy confirms arrest of Oil Supertanker and international syndicate.
The seizure of a supertanker with a three million barrel oil storage capacity—roughly three times Nigeria’s current production rate of one million barrels per day
War ravaged Ukraine to ship grains to famished Africa under the UN program.
In the first food delivery to Africa under an UN-brokered agreement to lift a grain embargo under siege by the Russian war and provide relief
Nigeria’s President in a turnaround declines approval of Exxon Mobil’s asset sale to Seplat.
President Muhammadu Buhari of Nigeria postponed his initial assent on Thursday after the oil regulator declined to agree to Exxon Mobil’s sale of local offshore
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