[Premium Times] The lesson from every Middle East crisis is clear: global energy shocks will continue to occur, and their effects will continue to reverberate across the world. For Africa's oil-rich but refining-poor economies, the real challenge is not merely surviving these shocks but using them as catalysts for structural transformation...Until that transformation occurs, events thousands of miles away in the Middle East will continue to shape the daily economic realities of millions of African citizens...
Posts
[Capital FM] Nairobi -- The Office of the Auditor-General has flagged a lack of a clear governance framework guiding Kenya's fuel subsidy programme, raising concerns over accountability and sustainability of billions spent to stabilize pump prices.
[FrontPageAfrica] Monrovia -- The Government of Liberia(GoL) has announced that while it is making efforts to ensure the steady supply of essential commodities amid the ongoing tensions involving the United States, Israel and Iran, it cannot guarantee control over rising prices on the local market.
[FrontPageAfrica] Summary
[Daily Trust] Oil prices dipped on Monday as investors focused on the crucial Strait of Hormuz and the head of the IEA said more crude could be released to the market if necessary.
[Vanguard] The supply of Liquefied Petroleum Gas, LPG, also known as cooking gas declined by 8.5 percent, on a month-on-month, MoM basis to 4.7 metric tonnes per day in February 2026 from 5.1 metric tonnes per day in December 2025.
[Nile Post] Uganda's boda-boda sector operates under relentless pressure, tight margins, long working hours, unforgiving roads that push the riders and machines to their limits.
[Leadership] An energy policy group has urgently appealed to President Bola Ahmed Tinubu to reconsider newly approved petrol import permits, warning they could drain Nigeria's precious foreign exchange reserves and derail the government's economic stabilisation efforts amid ongoing naira reforms.
[Leadership] Some socio-cultural groups under the aegis of Ethnic Youth Leaders in Nigeria have defended Dangote Refinery over what they described as a slight increase in petrol price.
[Leadership] Troops of the Nigerian Navy have destroyed illegal refining sites in Rivers State and seized stolen products.
get in touch
ADDRESS:
Drillplus Resources Limited
Suite 910, 9th Floor
Western House
8-10 Broad Street
Lagos
CALL US:
Tel: + 234 805 979 2044
Latest Industry News

