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Nigeria’s UTM Offshore Ltd. has received approval to build the West African nation’s first-ever floating liquefied natural gas facility — five years after it was first announced. The Nigerian Midstream…
Ghana's cocoa regulator plans to increase the state-guaranteed price paid to its cocoa farmers for the 2024/25 crop season by nearly 45%, Reuters reported Monday (Sep. 02) If confirmed, it…
The Nigerian National Petroleum Corporation (NNPC) has finally admitted that the debts owed international oil traders as a major factor in the ongoing fuel scarcity across the country. In a…
Dangote Petroleum Refinery is set to roll out the sale of Premium Motor Spirit, otherwise known as petrol. This is coming a few days after the 650,000-capacity refinery engaged in…
The Nigerian government through the Securities and Exchange Commission (SEC) has granted approval in principle to two cryptocurrency firms, Busha Digital Limited and Quidax Technologies Limited, to commence operations in…
Johann Ruppert: Africa’s richest man’s companies, brands and investments South Africa’s luxury goods tycoon, Johann Rupert, has become Africa’s top billionaire, overtaking Nigeria’s Aliko Dangote, who has lost the prime…
The Nigerian Academy of Engineering, the Nigerian Society of Engineers (NSE) and the Council for the Regulation of Engineering in Nigeria (COREN) have praised the Dangote Petroleum Refinery for adopting…
South Africa’s Johann Rupert is yet again Africa’s richest man. This is hardly the first time the South African billionaire is holding the title. For a little over a year…
The Nigeria National Petroleum Corporation (NNPC) Limited has announced the commencement of Liquefied Natural Gas (LNG) exports to the Asian markets of China and Japan. The spokesperson of the national…
Dangote Petroleum Refinery is currently undergoing test runs for petrol production, with full operation expected to commence by mid-September. Citing a note by IIR Energy, an oil industry monitor, a…