Africa’s economic growth to occur through oil, gas and fintech in 2018 – Ecobank

The 2017 version of Ecobank Research’s Fixed Income, Currency and Commodities (FICC) Guidebook, which provides expert knowledge and analysis on African markets for investors...

Germany backs renewable projects in Africa with the launch of liquidity facility

KfW (www.KfW-entwicklungsbank.de), the German Development Bank, and the African Trade Insurance Agency (ATI) (www.ATI-ACA.org) announced, on the side lines of the annual Africa Investment...

NNPC reviews corporate governance to prevent fraud

The Management of the Nigerian National Petroleum Corporation (NNPC) is executing a major restructuring of its corporate governance framework to engender an accountable and...

FG to reinvest proceeds from sale of JV assets – Udoma

Speaking at the public presentation of the 2018 budget proposal in Abuja, the Minister of Budget and National Planning, Senator Udoma Udo Udoma, said...

Savannah Petroleum gives update on Seven Energy assets acquisition

Savannah Petroleum has announced that it has entered into a lock up agreement with, inter alia, Seven, Seven Energy Finance Limited ('SEFL'), certain other...

Senate gives FG nod to borrow $5.5bn from foreign investors

Nigeria will move ahead with plans to borrow $5.5 billion from foreign investors after the Senate on Tuesday approved President Muhammadu Buhari's request for...

Revamped Forcados terminal slashed NNPC’s trading deficit in August

A monthly report of the NNPC has disclosed that the state-run oil firm reduced its operational deficit for the month of August to N5.7...

REA unveils funding guidelines for rural electrification projects

Power minister, Mr. Babatunde Fashola, has disclosed that rural electrification projects seeking for funding from the Rural Electrification Fund (REF) of the Rural Electrification...

FG takes steps to consolidate ease of doing business in mining sector

The Federal Government, on Thursday took another bold step in consolidating ease of doing business in the mining sector with official unveiling of the...

Optimum secures funding for work in Ogo oilfield offshore Lagos

Optimum Petroleum Development Ltd, a Nigerian based exploration, development and production company, announced today that it has signed a financing term sheet of USD$850...

SUBSCRIBE TO LATEST ENERGY NEWS

Read the latest energy industry news and researched articles
for oil and gas, power generation, renewable energy, events and more...