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Nigeria: Coup – America, France May Fuel Crisis Between Nigeria, Niger – El – Zakzaky/in /by
[Daily Trust] Leader of the Islamic Movement of Nigeria (IMN), Sheikh Ibraheem El-Zakzaky, has said America and France may trigger a crisis between Nigeria and the Republic of Niger.
Nigeria: Oil Theft Triggered $10.7m Daily Loss From 2009 to 2020 – NEITI/in /by
[Leadership] The Nigeria Extractive Industries Transparency Initiative (NEITI) on Wednesday said, Nigeria lost over 619.7 million barrels of crude oil valued at $46.16 billion or N16.25 trillion from 2009 to 2020 from theft and sabotage, amounting to losing over 140,000 barrels of crude valued at $10.7 million daily.
Nigeria: Subsidy Removal – Nigerian Govt Approves N5bn for Each State, FCT/in /by
[Premium Times] The governor of Borno State, Babagana Zulum, made the announcement in Abuja on Thursday.
Nigeria: Nigeria Ends Oil Subsidy to Invest Savings in Infrastructure Development/in /by
[Africa Renewal] The new administration maintains that ending the subsidy will aid climate action and fund transportation and energy investments
Angola: Oil Production in July Increases By Over Two Million Barrels/in /by
[ANGOP] Luanda -- The production of crude oil in Angola reached just over 35.6 million barrels in July of the current year by registering an increase of 2,023,000 barrels compared to what was recorded in the previous month.
Angola: Chevron Starts Manufacturing Equipment in Angola/in /by
[ANGOP] Luanda -- Chevron, through its subsidiary Cabinda Gulf Oil Company Limited (CABGOC), started Tuesday (15th) the manufacture of the N'dola Sul wellhead platform in Cuanza Sul province.
Nigeria: I Received N50,000 to Secure Vessel Used for Storing Stolen Crude Oil – Suspect/in /by
[Vanguard] Men of the Operation Delta Safe, OPDS, have arrested three suspected crude oil thieves and seized a vessel and two tankers used in carrying out the illegal activities in Rivers State.
Nigeria: Nigeria’s Eurobonds Drop As Govt Freezes Petrol Price Hike/in /by
[Vanguard] Nigeria's eurobonds fell on Wednesday, after the government said petrol prices will not be increased, and blamed foreign exchange shortages on "gross mismanagement" at the Central Bank of Nigeria (CBN).
Nigeria: NNPCL Secures $3 Billion Afrexim Bank Loan to Support Govt, Stabilise Forex Rates/in /by
[Premium Times] The loan is also expected to help stabilise the foreign exchange market, enable authorities to meet forex demand, and improve the value of the Nigerian currency.
Ghana: Petrol, Diesel Prices to Increase Averagely By About 5.7 Percent – Copec/in /by
[Ghanaian Times] Prices of petrol and diesel are likely to increase averagely by about 5.7 per cent over the current mean price of GH¢12.45 per litre, beginning today for the next two weeks.