Samed Olukoya

The increase follows the full deregulation of Nigeria's downstream oil sector announced by President Bola Tinubu to align domestic petrol prices with global market dynamics.

Despite interventions by the Federal Government and multilateral lenders amounting to over N1.5 trillion, Nigeria's metering gap continues to widen with more than seven million electricity consumers unmetered.

Transgrid Enerco Limited has signed a Share Purchase Agreement (SPA) to acquire a 60% equity stake in Eko Electricity Distribution Company (Eko DisCo).

The new Delta State refinery is expected to play a critical role in improving local refining capacity, bolstering fuel availability, and fostering economic growth in the region.

Oando PLC, Africa’s leading indigenous energy solutions provider, has secured the operatorship of Block KON 13 in Angola’s Onshore Kwanza Basin.

The UK's Competition and Markets Authority (CMA) has launched antitrust investigations into Apple Inc. and Alphabet Inc., the owner of Google, on their dominance in the mobile services market.

The House Committee on Public Accounts has launched an investigation into the Central Bank of Nigeria (CBN), Shell Petroleum Development Company, and Sterling Bank over allegations of money laundering, fraudulent deductions, and other financial mismanagement.

Ecobank Nigeria, in partnership with the Nigerian Consumer Credit Corporation (CrediCorp), has unveiled an innovative loan programme designed to provide affordable and flexible credit facilities for salary earners in Nigeria.

Moniepoint Inc., a leading financial platform in Nigeria, has announced a partnership with Visa, a global leader in digital payments, to enhance financial services and empower small and medium-sized enterprises (SMEs) across Africa.

Africa’s Global Bank, United Bank for Africa (UBA) Plc, is set to host a Knowledge Series webinar specifically dedicated towards informing and educating Small