NACCIMA President Oye has criticised high interest rates, noting that they discourage entrepreneurship and hinder Nigeria’s economic growth.

KPMG had supported Nigeria’s efforts to incentivise oil sector, emphasising the need for a competitive $20 benchmark price.

Ghana’s crude oil production rose by 10.7% in early 2024, marking the first increase after five years of decline.

Aviation Minister Festus Keyamo held a summit to address local insurance challenges for airlines, aiming to ease operational burdens

CBN Governor Olayemi Cardoso has outlined the apex bank’s ambitious goals for economic reform, including $1 billion monthly remittance targets.

Afreximbank President Oramah has been honoured with Mohammed Barkindo’s Lifetime Achievement Award for advancing Africa’s oil, gas, and energy sector.

China anticipates renewed tensions with Trump, focusing on critical issues including trade disputes, technological competition, and Taiwan relations.

Three oil marketers have argued that Dangote refinery’s alleged monopoly is a recipe for disaster that could harm Nigeria’s economy

NCDMB has proposed an annual FID week to fast-track oil and gas projects and increase Nigeria’s crude oil production.

Chevron has revealed plans to expand exploration acreage in Nigeria and Angola, to revive production despite years of decline in both.

Vitol, Trafigura, and BP have become key fuel buyers from Dangote refinery, significantly impacting petroleum trading dynamics across Africa.

Pinnacle Oil has refuted Dangote Refinery’s claims that it deceitfully sought to blend its imported products with Dangote’s high-quality products.

Bitcoin surged to a record high as Trump’s election win fuels optimism for cryptocurrencies, rising nearly 8% in early trading.

Iran’s currency hits record low as Trump nears presidential comeback, signalling worsening economic challenges for Tehran.

Dangote Refinery has rejected Pinnacle Oil’s justification for importing off-spec petroleum products, stressing national interests must not be undermined.

The Senate urged the federal government to protect local miners, promoting policies to support their businesses amidst rising foreign competition.

NNPC has called for collaboration and transparency in global decarbonisation, highlighting Africa’s challenge of reducing emissions while tackling energy poverty.

The FCCPC has mandated DISCOs to improve consumer engagement and has halted Unistar meter installations by Ikeja and Eko DISCOs.

French and Dutch authorities have raided Netflix offices in tax fraud probe, investigating revenue reporting and compliance from 2019-2021.

Boeing workers have accepted a new contract with a 38% raise, ending a seven-week strike that cost billions.