NEWS

Nigeria at risk of an energy crisis as strike halts oil institutions and the Dangote refinery

PerformanceBy 29th September 2025Leave a comment

Major oil institutions in Nigeria, including the Nigerian National Petroleum Company Limited (NNPC), the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), and the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), have been shut down following a strike set about by the Petroleum and Natural Gas Senior Staff Association (PENGASSAN) of Nigeria on Monday. Major oil…

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Kenyan probe into Russian-linked human trafficking deepens as embassy issues denial

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Kenya’s investigation into human trafficking networks tied to the Russia-Ukraine war has taken a new twist after the Russian Embassy in Nairobi rejected claims that one of its citizens had been arrested and deported. Kenya investigates allegations of human trafficking linked to the Russia-Ukraine war. The Russian Embassy in Nairobi denies claims of a Russian…

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Nigerian billionaire to invest $800 million in four offshore oil blocks in Liberia following deal

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Nigerian billionaire Arthur Eze has secured four offshore exploration blocks in Liberia through his company, Atlas Oranto Petroleum Limited, marking a major boost to the West African nation’s long-stalled energy sector. Nigerian billionaire Arthur Eze’s company, Atlas Oranto Petroleum, secured four offshore exploration blocks in Liberia. The company signed production sharing contracts worth a $12…

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Nigeria targets certification of China’s jet for airlines

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Nigeria’s civil aviation regulator is considering certifying China’s C919 jet for use by domestic carriers, in a move that could open the door for Chinese aircraft in Africa’s largest aviation market. Nigeria may certify China’s C919 jet for domestic use in aviation. COMAC has initiated discussions with Nigeria for certification. The C919 jet faces challenges…

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Dangote’s wealth rebounds to $29 billion despite domestic pressures, on cement and refinery growth

PerformanceBy 28th September 2025Leave a comment

A few weeks after a sharp dip, Africa’s richest man, Aliko Dangote, has seen his fortune rebound to $29 billion, according to the Bloomberg Billionaires Index, driven by gains in cement and refinery operations despite mounting domestic pressures. Africa’s richest man, Aliko Dangote, has seen his fortune rebound to $29 billion after a mid-August decline.…

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Operations at Dangote’s $20 billion refinery face disruptions amid oil workers’ union protests

PerformanceBy 28th September 2025Leave a comment

Nigeria’s $20 billion Dangote Refinery has come to a halt after the oil workers’ union launched an industrial action protesting the alleged dismissal of more than 800 employees. Nigeria’s Dangote Refinery has halted operations due to a strike by PENGASSAN over the alleged dismissal of 800 workers. The strike has disrupted the refinery’s refining processes…

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