The World Bank has lowered its growth projection for Sub-Saharan Africa to 4.0%, down from earlier estimates, in a report that identified higher global energy prices as a potential benefit for oil-…
A strike threat from workers at Nigeria's oil and gas regulator has raised alarms across the country's en…
The Nigerian National Petroleum Corporation (NNPC) announced a remarkable revenue of N4.97 trillion for April 2023, marking a significant recovery in its financial performance. The state-owned oil …
South Africa's new initiative for responsible offshore development, announced on November 1, 2023, aims to set industry standards that prioritise environmental sustainability. The project, led by t…
The Nigerian Safety Investigation Bureau (NSIB) has opened an investigation into a recent collision at Bonny Anchorage that left significant concerns among local communities. This incident, which o…
Cuba has formally accused the Trump Administration of bad faith during recent diplomatic engagements at the United Nations. This sharp rebuke from Havana highlights a deepening rift in transatlanti…
Nigeria has increased crude oil production to capitalize on rising global prices triggered by the escalating conflict in Iran. The strategic move aims to stabilize the Naira and fill the national c…
Washington has issued a clear directive to African nations: unlock the continent’s vast oil reserves to capture half of the supply currently flowing through the Strait of Hormuz. This strategic pus…
Gold prices face immediate downward pressure as crude oil costs surge, creating a complex economic landscape for Nigerian households and investors. Market analysts warn that the inverse relationshi…
Venezuela’s government has declared that the nation enjoys full food availability, a bold assertion that contrasts sharply with the empty shelves seen in Caracas supermarkets. This announcement com…
A political coalition has formally demanded that the Independent National Electoral Commission (INEC) launch an urgent probe into the conduct of the All Progressives Movement (APM) and the New Demo…
The US stock markets experienced mixed outcomes today, April 28, 2026, as the Dow Jones Industrial Average remained stable, while the Nasdaq Composite saw a decline. Concerns over artificial intell…
