Most Recent World News

Dangote Refinery Powers Nigeria’s Drive Toward Refining Self-Sufficiency

The Afreximbank-backed refinancing of the Dangote Refinery marks more than a financial restructuring; it represents a strategic turning point for Nigeria’s oil sector. The deal is set to reshape domestic.

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Nigeria’s state-owned energy company, NNPC Limited, is taking measured steps towards a potential listing on major international exchanges such as the New York Stock Exchange or the London Stock Exchange..

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Nigeria’s FX Liberalisation for Oil Exports: A Strategic Reset with Global Implications

Nigeria has implemented a major policy shift by allowing international oil companies to fully repatriate their export proceeds, removing the previous 90-day retention rule. Announced on March 25, this move.

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Consumer Demand and Oil Infrastructure Power Uganda’s 8.5% Growth Surge

Uganda is transitioning from a consumption-led recovery to a structurally anchored, infrastructure-driven growth model with far-reaching regional implications. The economy expanded by 8.5% in the quarter ending December 2025, up.

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How Ethiopia Is Fighting Global Fuel Price Shocks

As diesel and petrol prices surged across global markets, the Ethiopian government moved swiftly to shield its economy from inflationary fallout. Authorities introduced emergency fuel subsidies aimed at protecting households,.

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Algeria’s Oil Rally Offers Fiscal Breathing Space for Investment

Algeria, Africa’s largest country by landmass, has built much of its modern economic architecture on hydrocarbons. When global oil prices briefly surged above $100 per barrel amid geopolitical tensions involving.

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Oil Price Rally Gives Algeria Fiscal Breathing Space for Investment

Algeria, Africa’s largest country by landmass, has built much of its modern economic architecture on hydrocarbons. When global oil prices briefly surged above $100 per barrel amid geopolitical tensions involving.

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Why Nigeria Is Key to Diversifying Global Oil Supply

Rising geopolitical tensions involving Iran and disruptions to shipping through the Strait of Hormuz, a corridor that carries nearly one-fifth of global oil supply, have once again exposed the fragility.

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Nigeria’s OPL 245 Breakthrough Unlocks Deepwater Reserves

Nigeria has achieved a major breakthrough in its upstream sector by finally resolving years of legal entanglement that had left a significant deepwater asset stranded, despite acquittals in Italian courts..

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Nigeria and Morocco: Building Africa’s Transcontinental Energy Bridge

Nigerian National Petroleum Corporation (NNPC) CEO Engr. Bashir Bayo Ojulari has reframed Africa’s energy narrative, transforming it into a compelling opportunity for infrastructure-led growth at the recent 2026 International Energy.

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