Nigeria: Govt Targets $20 Billion Additional Upstream Oil Investments By 2029/in /by
[This Day] The federal government has announced that it is expecting about $20 billion investments in Nigeria's upstream petroleum industry by 2029 in a bid to boost crude oil and gas production in the country.
Nigeria: Nigeria Imposes 15 Percent Duty On Petrol Imports to Protect Local Refiners/in /by
[Daba Finance] TLDR
Guinea’s junta leader enters the December presidential race/in /by
Mamady Doumbouya submitted his candidacy at the country's Supreme Court on Monday.
United States working to secure a humanitarian truce in Sudan/in /by
There has been a sharp escalation in bloodshed in the conflict since Rapid Support Forces fighters captured the city of al-Fashir.
Nigeria: Nigeria On Track to Hit 2m Bpd Oil Production By 2027 – NNPC/in /by
[Vanguard] The Nigerian National Petroleum Company Limited (NNPC Ltd.) says Nigeria remains on track to grow crude oil production to two million barrels per day (bpd) by 2027 and three million bpd by 2030.
Uganda: Is Oil Discovery in Uganda an Opportunity or a Looming Curse?/in /by
[Nile Post] As Uganda stands on the brink of an oil era, the world watches. Will it emulate the model of Norway, which used oil wealth to build a trillion-dollar sovereign-wealth fund? Or will it fall victim to the "resource curse," where abundant natural resources breed corruption, inequality and economic fragility?
Nigeria: Major Fire Disaster Averted As Gas Tanker Overturns in Lagos – LASTMA/in /by
[Premium Times] The incident, which occurred in the early hours of Monday, involved a truck fully loaded with Compressed Natural Gas (CNG) cylinders.
Nigeria: Govt Seeks IMF’s Support to Strengthen Fiscal Resilience in Oil Sector/in /by
[This Day] The federal government has sought the technical support of the International Monetary Fund (IMF) in designing a transparent and resilient price modulation mechanism to help cushion domestic price shocks, insulate markets from extreme global volatility, and preserve fiscal discipline. The Permanent Secretary, Ministry of Petroleum Resources, Dr. Vitalis Obi, who made the request reaffirmed Nigeria's commitment to strengthening its fiscal and energy frameworks through sustained collaboration with
Emirati official acknowledges missteps in Sudan crisis response/in /by
An Emirati presidential diplomatic adviser said "looking back" everyone made a mistake in the handling of developments in Sudan.
Lagos residents react to Trump’s threat of military action against Nigeria/in /by
There were mixed reactions in Lagos on Monday after US President Donald Trump said he'd ordered the Pentagon to begin planning for potential military action in Nigeria, as he stepped up his allegations that the government is failing to rein in the persecution of Christians in Nigeria.