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Why Analysts See a “Super Glut” Capping Seplat and Aradel Upside

Market sentiment for Nigeria’s upstream energy giants, Seplat Energy and Aradel Holdings, is shifting toward a "cautious" outlook for 2026. Despite a stellar 2025, analysts...

Sahara Group Calls for Bold Human Capital Strategies in Africa’s Energy Sector

Sahara Group, a leading energy and infrastructure conglomerate, has emphasized that deliberate and innovative human capital strategies are pivotal to positioning Africa’s energy sector for sustainable growth...

Nigeria and Ghana Set to Control 80% of West Africa’s Oil and Gas Market

Two West African economic giants Nigeria and Ghana, are going to dominate sub-Saharan Africa's oil and gas industry, which stands at a decisive turning...

Nigerian Union Calls Off Strike at Dangote Refinery as Labor Truce Reached

Nigeria’s main oil labor union will end a strike that threatened to cut crude supplies to the Dangote oil refinery, after the company agreed...

Sahara Group’s AFAM II Power Plant Contributes 160MW to Nigeria’s National Grid

Sahara Group’s Afam 2 Power Plant in Rivers State has successfully ramped up generation to 160MW, boosting power supply to Nigeria’s national grid and advancing the...

Moniepoint Named Among UK’S Leading Fintech Companies by CNBC

Moniepoint Inc., one of Africa’s leading business payments and digital banking platforms, announces it has been recognised by CNBC as one of the UK’s...

Airtel Africa’s AI-powered Spam Alert Service Detects over 205m SMS in 6 months

More than 205 million spam SMS messages were detected by Airtel Africa’s pioneering Artificial Intelligence (AI)-powered spam detection service, Spam Alert in 13 (thirteen)...

Association Accuses NUPENG of Extortion, Excessive Levies on Tanker Owners

… As PTD Passes Vote of No Confidence on NUPENG Leaders The Association of Distributors and Transporters of Petroleum Products (ADITOP) has accused the Nigerian...

MTN Group in Talks to Acquire Telkom

MTN Group Ltd., Africa’s largest wireless carrier, is considering reviving talks to acquire smaller South African rival Telkom SA, according to a Bloomberg report. The...

Nigeria Introduces New 5% Fuel Tax Under Harmonized Tax Act

Starting January 2026, Nigerians will pay an extra 5% fuel Fuel Taxtax on every litre of fuel, under a new law signed by President...

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