Browsing Tag
Energy
60 posts
Nigeria records ongoing drop in cooking gas costs
Liquefied Petroleum Gas prices in Nigeria have fallen over the last three weeks due to an influx of imports, according to recent market surveys.
Dangote Refinery Secures $2.5 Billion via Private Equity Placement
Dangote Petroleum Refinery & Petrochemicals has completed a $2.5 billion private equity placement, which was oversubscribed by 3.7 times, marking a major milestone in its growth and African capital market development.
Afreximbank’s Digital Platform Facilitates $5.3 Million Energy Trade
Afreximbank's Africa Trade Gateway platform has facilitated a $5.3 million cross-border gasoil deal between Zimbabwean firm Witeva Trading and a Swiss supplier.
Dangote Refinery Secures $2.5 Billion Through Private Equity Deal
Dangote Refinery has successfully raised $2.5 billion in a landmark private equity placement, drawing interest from global and African institutional investors to support its ongoing expansion.
Nigeria and Germany Commit to Enhancing Ties in Trade, Energy, and Security
Nigeria and Germany have reaffirmed their commitment to deepening bilateral relations across trade, energy, security, and education, following high-level meetings in Abuja.
Dangote Refinery boosts fuel exports amid supply and currency hurdles
Dangote Refinery is prioritizing international fuel exports to offset severe local crude shortages and an inability to convert naira earnings into the foreign currency needed for operations.
ECOWAS Formalizes Deal for Nigeria-Morocco Gas Pipeline
ECOWAS member states have signed a vital intergovernmental agreement to begin the execution phase of the 6,900-kilometre Nigeria-Morocco gas pipeline project.
YEDC Warns Customers Against Fraudulent 20 Percent Electricity Bonus Claims
YEDC has cautioned customers to disregard a viral scam promising a 20 percent bonus on electricity recharges, urging them to use only authorized payment channels.
Oil prices retreat as Iran reports ongoing diplomatic channels with US
Oil prices dipped from monthly highs as Iran confirmed continued diplomatic contact with the US, though regional tensions keep market outlooks cautious.
ECOWAS Greenlights Nigeria-Morocco Natural Gas Pipeline Project
ECOWAS leaders have officially approved the $27 billion Nigeria-Morocco gas pipeline, a 6,000-kilometer project aiming to connect African energy markets to Europe by 2031.