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Will dom refining boost or burst our struggling economy?
Sopuruchi Onwuka Propositions and actual projects that portend over 3.0 million barrels per day of local refining capacity may raise serious challenges to the nation’s fiscal and economic stability, given that the emerging refining boom may impose acute foreign exchange…
Dangote reaffirms commitment to Zambia’s economic growth
President Hakainde Hichilema on Thursday received Aliko Dangote, President and Chief Executive of the Dangote Group, in a courtesy visit that underscored the company’s ongoing commitment to Zambia’s economic development. Dangote Cement Zambia Limited remains the single largest investment in…
Oriental Energy readies Emem FPSO for Okwok operations
Sopuruchi Onwuka Indigenous independent producer, Oriental Energy Resources Limited (OERL)is working on the final stages of converting a very large crude carrier (VLCC) into a floating production facility for deployment in operated Okwok oilfield offshore Niger Delta. The vessel conversion…
Ghanaian govt sets industrial development agenda for energy industry
AOW 2025 delegated task governments on clear, stable policies Sopuruchi Onwuka Ghana has outlined an ambitious plan to harness its natural resources responsibly to achieve energy security, drive industrialization, and position itself as a leader in Africa’s economic transformation. The…
Fuel import tariff: Dangote declares readiness for supply challenge
Pledges price stability during Yuletide festivities Sopuruchi Onwuka Africa’s leading petroleum refiner, Dangote Petroleum Refinery, has restated it resolve to sustain steady flow of key transportation fuels in the domestic market, assuring that its plant output capacity currently exceeds immediate…
Seplat Energy posts princely N3.356 trn revenue in Q3 2025
Pumps output 185% to135,636 boepd Sopuruchi Onwuka Leading Nigerian independent energy company, Seplat Energy Plc, has reported outstanding financial and operational performance for the first nine months of 2025, attributing its strong results to higher production volumes, robust cash generation,…
The Body Shop continues West African growth, opens 1st shop in Lagos
The Body Shop has announced the opening of a new store in Nigeria, bringing ethical, naturally inspired beauty to Lagos. Following the successful launch in Abuja and a national e-commerce site earlier in the year, the new opening marks an…
NERC marks 20 years of regulating electricity sector
Sopuruchi Onwuka The Nigerian Electricity Regulatory Commission (NERC) has announced plans to commemorate its 20th anniversary, marking two decades of regulatory oversight and policy reforms that have shaped the Nigerian Electricity Supply Industry (NESI). Established on October 31, 2005, under…
Competition closed: Dangote to expand refinery capacity to 1.4 mbd
Targets $55bn annual revenue Sopuruchi Onwuka President of Dangote Industries Limited, Alhaji Aliko Dangote, has announced plans to expand the Dangote Petroleum Refinery from its current capacity of 650,000 barrels per day (bpd) to 1.4 million bpd. He said the…
EU demand surge drives global LNG exports to record high in September
Sopuruchi Onwuka Global exports of liquefied natural gas (LNG) reached a record 34.59 million metric tons in September, driven by surging demand from Europe and higher shipments from producers outside the Gas Exporting Countries Forum (GECF), the forum said in…
