Nigeria’s state-owned NNPC Reports $4.2 billion After Tax Profit in 2025
LAGOS, Feb 12 – Nigeria’s state owned oil company, the Nigerian National Petroleum Company, reported…
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Nigeria’s state-owned NNPC Reports $4.2 billion After Tax Profit in 2025
LAGOS, Feb 12 - Nigeria’s state owned oil company, the Nigerian National Petroleum Company, reported after tax profits of 5.760…
Nigeria Oil Production Rises to 1.459 Million bpd in January 2026
LAGOS, Feb 11 - Nigeria’s crude oil production rose to 1.459 million barrels per day in January 2026, according to…
Nigeria’s Dangote Refinery Reaches Full 650,000 Barrels Per Day Capacity
LAGOS, Feb 12 - The Dangote Petroleum Refinery has announced that it has successfully reached and maintained its full design…
Libya Awards Oil and Gas Exploration Rights in First Licensing Round Since 2007
TRIPOLI, Feb 12 - Libya’s National Oil Corporation has awarded oil and gas exploration rights to five foreign companies, including…
China’s Zijin to Launch DR Congo’s First Lithium Output at Manono in June
KINSHASA, Feb 12 - China’s Zijin Mining is preparing to launch the Democratic Republic of Congo’s first lithium production in…
Libya Awards Exploration Blocks to Chevron and Repsol–TOPC Consortium
TRIPOLI, Feb 10 - Libya has awarded new oil and gas exploration licenses to international energy firms Chevron and a…
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Marsa Maroc Signs Deal to Operate Liberia’s Port of Monrovia
RABAT, Feb 12 – Marsa Maroc has signed a management contract with the National Port…
Egypt’s MSMEDA Provides 500 Million EGP to Support MSMEs
CAIRO, Feb 12 – Egypt’s Micro, Small and Medium Enterprises Development Agency has allocated EGP…
Nigeria Oil Production Rises to 1.459 Million bpd in January 2026
LAGOS, Feb 11 – Nigeria’s crude oil production rose to 1.459 million barrels per day…
Nigeria’s Dangote Refinery Reaches Full 650,000 Barrels Per Day Capacity
LAGOS, Feb 12 – The Dangote Petroleum Refinery has announced that it has successfully reached…
IMF Calls on South Africa to Set Clear Debt Target as Risks Persist
JOHANNESBURG, Feb 12 – The International Monetary Fund has recommended that South Africa introduce a…
DRC Plans $750 Million Debut International Bond
KINSHASA, Feb 12 – The Democratic Republic of Congo plans to issue its first international…
Nigeria’s Central Bank Warns Excess Liquidity, Election Spending Pose Risks to Stability
LAGOS, Feb 12 – The Central Bank of Nigeria has warned that excess liquidity in…
Zambia Seeks New IMF Programme, Targets Staff Level Agreement
LUSAKA, Feb 12 – Zambia has formally requested a new programme from the International Monetary…
Libya Awards Oil and Gas Exploration Rights in First Licensing Round Since 2007
TRIPOLI, Feb 12 – Libya’s National Oil Corporation has awarded oil and gas exploration rights…