Nigeria: NNPC Records N1.74tn Profit As Revenue Hits N17.33tn in Five Months
[This Day] Abuja -- The Nigerian National Petroleum Company Limited (NNPC) recorded a cumulative profit after tax of N1.74 trillion from a total revenue of N17.33 trillion for the five-month period spanning January to May 2026.
Nigeria: NUPRC 2026 Oil Licencing Round – Expert Advocates Disciplined Approach
[This Day] Asaba -- In the light of the imminent launch of 2026 Licencing Round by Nigerian Upstream Petroleum Regulatory Commission (NUPRC), oil and gas expert, Leesi Gabriel Gborogbosi, has advised that prospective bidders to embrace "a disciplined, long-term approach to investment and risk management".
Nigeria: Lokpobiri Summons Oil Industry Stakeholders, Insists On Fair Petrol Pricing
[This Day] · Minister says disconnect between falling crude prices, local PMS rates must be addressed
Nigeria orders probe into fake agency that nearly got $944,000 in state funds
Nigeria's President Bola Tinubu has ordered an investigation into how a fake government agency operated openly in the heart of his administration and was almost handed nearly a million dollars in public funds.
Heavy rainfall triggers widespread flooding in Nigeria
Heavy rainfall has caused intense flooding in several parts of Nigeria over the first days of July, during the peak of the country’s rainy season.
Thousands of mourners take part in Khamenei’s funeral procession in Iraq
The late Iranian leader's six-day long funeral procession is taking place in the Iraqi cities of Najaf and Karbala on Wednesday, before heading back on Iran.
Tanzania purchases 28 tons of gold over past 18 months
Tanzania is rapidly building one of Africa's biggest gold reserves, with its central bank buying nearly 28 tonnes of gold over the past 18 months, worth an estimated 3.7 billion dollars.
Kenyan rastafarians hope court will rule they can smoke cannabis legally
The landmark ruling on the lawsuit filed by the Rastafari Society of Kenya in 2021 is due to be pronounced on 15 July.
Bus collision with truck leaves 14 dead in remote area of Uganda
At least 14 people have died and 28 others were injured after a bus collided with a truck in a remote area of northern Uganda, police said on Wednesday.
Nigeria: Current Petrol Prices Not Cost-Reflective, Lokpobiri Insists
[Leadership] ...urges marketers to immediately reduce prices