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Nigeria Eyes $2 Billion Chinese Loan to Power Up ‘Super Grid’ — Adelabu Reveals

By Abiola Olawale Nigeria is negotiating a $2 billion loan from China's Export-Import Bank to construct a "super grid" to ease the country’s power shortages. This...
Energy

Oil Prices Edge Higher After Steep Two-Day Selloff

Oil prices recovered slightly in early Asian trading on Wednesday after two straight sessions of steep declines, as traders weighed the prospect of a...
Energy

TotalEnergies’ Nigeria’s exit plans hit roadblock as NUPRC revokes $860m asset sale to Chappal

By Obinna Uballa TotalEnergies’ plan to scale back its presence in Nigeria’s troubled onshore oil sector has hit a major roadblock after the Nigerian Upstream...
Energy

Oil Prices Set for Second Week of Gains

Crude oil prices were on course to close a second week of gains in a row despite declines earlier in the week on persistent...
Energy

How Dangote refinery’s exports altered dynamics in global fuel trade

By Obinna Uballa Nigeria’s Dangote refinery has entered the global spotlight with its first shipments of petrol to the United States, underscoring the facility’s potential...
Energy

NUPRC’s Komolafe Seals $18bn upstream deals as $5bn Bonga North, $500m Ubeta projects lift output

By Obinna Uballa The Federal government of Nigeria is pushing a twin agenda of attracting record upstream investments andy fostering regional energy integration, with applicable...
Energy

How our Refinery ended Nigeria’s 50-year fuel queue crisis – Dangote Boasts

By Abiola Olawale Africa's richest man and President/Chief Executive, Dangote Petroleum Refinery, Aliko Dangote, has declared an end to what he described as Nigeria's decades-long...
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