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Energy and Commodities

Oil production

OPEC Extends Nigeria’s Oil Production Quota Amid Market Stabilization Efforts

OPEC extends Nigeria's oil production quota of 1.5 million bpd to 2026, emphasizing market stability ...
  • 5 December 2024
  • Africa

Holcim Exits Nigeria After 65 Years, Sells Lafarge Stake for $1 Billion

Holcim exits Nigeria after 65 years, selling Lafarge Africa to Huaxin Cement for $1 billion. ...
  • 4 December 2024
  • Business
Hydrogen economy

Nigeria Targets $200 Billion Hydrogen Economy to Drive Energy Transition

Nigeria unveils plans to join the $200 billion hydrogen economy, focusing on green hydrogen production ...
  • 27 November 2024
  • Business
NNPC

Port Harcourt Refinery: NNPCL Highlights Achievements Amid Questions

NNPCL announces 70% operational capacity at the Port Harcourt Refinery, emphasizing achievements while addressing questions ...
  • 26 November 2024
  • Business
Petrol Price

Dangote Refinery Reduces Petrol Price to ₦970 per Liter

Dangote Refinery cuts petrol price to ₦970 per liter for marketers, offering relief to Nigerians ...
  • 25 November 2024
  • Business
Plastic Waste Blocks Congo’s Ruzizi Dam, Triggering Severe Power Outages

Plastic Waste Blocks Congo’s Ruzizi Dam, Triggering Severe Power Outages

Plastic waste clogging the Ruzizi Dam in Congo has caused widespread power outages, highlighting urgent ...
  • 18 November 2024
  • Africa
Dangote Refinery Seeks Funding to Boost Crude Supply and Petrol Distribution

Dangote Refinery Seeks Funding to Boost Crude Supply and Petrol Distribution

Dangote Refinery seeks funding to enhance crude oil supply while signing a deal with IPMAN ...
  • 18 November 2024
  • Business
IPMAN

Nigerians Skeptical of IPMAN’s N50 Fuel Price Reduction Amid Dangote Refinery Supply Deal

Nigerians voice doubts over IPMAN's N50 per liter price cut, as current petrol prices remain ...
  • 14 November 2024
  • Business
Dangote Refinery

IPMAN Reaches Agreement with Dangote Refinery for Direct Supply of Petrol and Other Products

IPMAN and Dangote Refinery have signed a direct supply agreement for petroleum products, a move ...
  • 12 November 2024
  • Business
Grid Collapse

Nigeria’s National Grid Collapses for 10th Time in 2024: Calls for Power Sector Reform Intensify

Nigeria faces its 10th national grid collapse in 2024, sparking calls for power sector decentralization. ...
  • 6 November 2024
  • Business
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Latest News

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Today in History

August 14th is the day in 1916 that Romania declares war on Austro-Hungary, joining the Entente in World War I.

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