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A service for energy industry professionals · Saturday, April 19, 2025 · 804,752,296 Articles · 3+ Million Readers
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West Africa Oil & Gas News Monitoring

  • Published on Apr 15, 2025

    Trump’s tariffs to hit Nigeria’s value-added manufacturing, shrink exports – MAN

    The U.S. 14 percent tariffs on Nigeria’s exports, which has been paused for 90 days, will derail the momentum of value-added manufacturing in Africa’s most populous country, the Manufacturers Association of Nigeria (MAN) says. The manufacturers association …

    Source: Business Day - Neutral
  • Published on Apr 15, 2025

    Türkiye’s influence in Africa rises 

    Somalia and Türkiye last week signed a new agreement for onshore oil and gas exploration, which Turkish Energy and Natural Resources Minister Alparslan Bayraktar said, “marks a new step that will strengthen our strategic cooperation with Somalia.” “We will …

    Source: The East African - Neutral
  • Published on Apr 15, 2025

    Maximizing Returns: Pioneering Africa’s Energy Boom

    Africa is entering a dynamic era of upstream growth. In 2025 alone, over 170 exploration blocks are on offer across North, West, Central and East Africa, with countries like Egypt, Nigeria, Angola, Mozambique and Ghana opening new frontiers for development …

    Source: Offshore Source - Florida - Pending
  • Published on Apr 16, 2025

    Q2 outlook: Nigeria’s economic fate uncertain amid falling oil prices, production slump

    By Chinwendu Obienyi With Nigeria already in the second quarter (Q2) of 2025, the country’s economic outlook remains uncertain amid falling crude oil prices and a significant slump in production. This has led to concerns from many financial experts …

    Source: The Sun Nigeria - Indeterminate
  • Published on Apr 15, 2025

    Inflation In Nigeria: Will Relief Ever Come?

    Inflation is often described as a silent thief, it does make headlines with a bang, but it steadily robs citizens of their purchasing power. In Nigeria, this economic scourge has become a near-permanent fixture, tightening its grip on households, …

    Source: The Nigerian Voice - Indeterminate
  • Published on Apr 14, 2025

    Experts Seek Enforcement of Standards in Downstream Oil Sector

    Peter Uzoho  Energy experts have stressed the need for the regulatory agencies in the downstream oil sector to up their game in the enforcement of standard market practices to encourage fair competition. They stated this during an interactive session in …

    Source: This Day - Pro-Government
  • Published on Apr 18, 2025

    Climate change is not just a problem of physics but a crisis of justice

    My research as a climate scientist is in attribution science. Together with my team, I analyse extreme weather events and answer the questions of whether, and to what extent, human-induced climate change has altered their frequency, intensity and duration. …

    Source: The Guardian - Center-left
  • Published on Apr 15, 2025

    Top 5 African countries with the most active drilling rigs in April 2025

    A high rig count typically indicates healthy economic activity in the energy industry. It signifies that exploration and production (E&P) operations are fully operational, attracting investment, generating employment, and increasing income. Maintaining …

    Source: Business Insider Africa - Neutral
  • Published on Apr 18, 2025

    Libya Back on the Brink as Russian Influence Grows

    By Editorial Dept - Apr 18, 2025, 8:30 AM CDT Despite the 2020 ceasefire, recent armed mobilizations in and around Tripoli have raised fears of renewed violence. In the south, efforts to restructure the Libyan National Army (LNA) have led to deadly clashes …

    Source: Oil Price - Neutral
  • Published on Apr 15, 2025

    UBA CEO pushes for tax incentives to boost economic growth in Nigeria 

    The CEO of United Bank for Africa (UBA) Plc, Oliver Alawuba, has appealed to the federal government to grant tax incentives and breaks to financial institutions investing in infrastructure and mining. This call was made during the 36th Seminar of the …

    Source: Nairametrics - Neutral
  • Published on Apr 15, 2025

    Minimum share capital for foreign companies in Nigeria: What you need to know

    If you are thinking of expanding your business into Nigeria, one of the most important things you need to understand is the minimum share capital for foreign companies in Nigeria. Whether you’re an investor, a startup founder, or a consultant advising …

    Source: Techpoint Africa - Neutral
  • Published on Apr 15, 2025

    Nigeria’s anti-graft agency recovers nearly $500m in one year

    Nigeria’s economic crimes commission said it recovered nearly $500 million in proceeds of crime last year and secured more than 4,000 criminal convictions, its highest since the agency’s inception more than two decades ago. Africa’s biggest energy producer …

    Source: The East African - Neutral
  • Published on Apr 15, 2025

    US tariff threatens competitiveness of Nigerian goods, says MAN DG

    The Manufacturers Association of Nigeria (MAN) says the United States (US) tariff threatens the competitiveness of Nigerian goods in the US market. In a statement on Tuesday, Segun Ajayi-Kadir, MAN director-general, said the tariff hike comes at a …

    Source: The Cable - Neutral
  • Published on Apr 15, 2025

    Ghana laughs off Trump’s ‘Liberation Day’ tariffs

    By Joe JACKSON If there’s one thing Ghanaians know how to do, it to remain calm in the face of looming drama—especially when it comes from ‘Abrokyire’. Imagine being told that a new tariff, stamped with a fancy name like ‘Liberation Day’, might soon land …

    Source: Business and Financial Times - Pending
  • Published on Apr 15, 2025

    Before Dangote, there was Ojukwu: The story of Nigeria’s first billionaire

    Sir Louis Odumegwu Ojukwu arrived in Lagos in 1929 with nothing but ambition and he rose to become Nigeria’s first billionaire by the time of its independence in 1960. He was known as the richest man in Nigeria during the pre-independence era, amassing …

    Source: Pulse - Neutral
  • Published on Apr 15, 2025

    Down 61%, is the Tullow Oil share price a potential bargain for contrarian investors?

    Home » Investing Articles » Down 61%, is the Tullow Oil share price a potential bargain for contrarian investors? The sale of its operations in Kenya on 15 April resulted in the Tullow Oil share price jumping 4%. Are these investors catching a falling …

    Source: The Motley Fool UK - Neutral
  • Published on Apr 15, 2025

    Tullow Oil, UK, to sell Kenyan assets for at least $120 Million

    Tullow Oil, a West Africa-focused oil & gas explorer, said Tuesday that it will sell its assets in Kenya for at least $120 millions to Gulf Energy Ltd as it seeks to reduce its debt. Tullow said it would receive three payments of $40 million, as well …

    Source: World Energy News - Connecticut - Pending
  • Published on Apr 15, 2025

    How Starlink took over Africa’s largest internet market

    In the sprawling electronic market of Lagos’ Computer Village, an item is flying off the shelves: the Starlink kit. These satellite dishes, with their distinctive white faces and plug-and-play simplicity, represent more than just easy internet availability …

    Source: Rest of World - Neutral
  • Published on Apr 15, 2025

    IMF to disburse 370-mln-USD loans to Ghana

    ACCRA, April 15 (Xinhua) -- The International Monetary Fund (IMF) and the Ghanaian government announced on Tuesday that they have reached an agreement on the fourth review of Ghana's economic reforms, enabling 370 million U.S. dollars in loans to the …

    Source: Xinhua News Agency - Gov't Propaganda

02 days 19:01:57

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