Algeria Leads Africa as OPEC+ Approves 188,000 bpd Output Increase to Support Oil Market Stability Algeria has emerged as Africa’s sole participant in a fresh OPEC+ production adjustment after seven members of the alliance agreed to raise their combined crude oil output by 188,000 barrels per day (bpd) from September 2026 in a move […]
Competition intensifies as Dangote Refinery, others align petrol Depot price at N1,216/Litre Intense competition in Nigeria’s downstream petroleum market has forced major oil marketing firms to align their ex-depot price of Premium Motor Spirit (PMS), commonly known as petrol, at ₦1,216 per litre, signaling a fresh phase of price competition driven by abundant supply
Afreximbank launches $50,000 create-thon to unlock Africa’s creative economy The African Export-Import Bank (Afreximbank), in partnership with pan-African technology company Gebeya, has launched the CANEX Create-thon 2026, a continent-wide initiative aimed at accelerating Africa’s creative economy by equipping artists, filmmakers, musicians and game developers with funding, digital tools and technical support. The initiative, unveiled
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COUNTDOWN: 142 Days Since USA-Iran War Began — Falling Oil Prices Signal Easing Global Economic Fears By Team Countdown Global oil markets extended their downward trend on Tuesday, signaling that fears of prolonged supply disruptions from the U.S.-Iran conflict may be easing, a development that could provide relief for the global economy after months of
Perenco to Highlight Africa-Wide Oil, Gas Expansion at AEW 2026 Independent energy company Perenco will showcase its expanding investments across Africa’s upstream oil and gas sector at the African Energy Week (AEW) 2026, underscoring the growing role of indigenous and independent operators in strengthening the continent’s energy security and industrial development. Perenco has confirmed its
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Education, Not Charity: Why Corporate Nigeria Must Invest Across the Full Value Chain Nigeria’s most damaging infrastructure deficit may not be roads, power or ports, but a weak education system that is producing too few work-ready citizens for an economy seeking to industrialise, digitalise and compete globally. With about 10.5 million primary-school-age children out
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COUNTDOWN: 141 Days Since the USA-Iran War Began – Oil Market Cools as U.S.-Iran War Enters New Phase, Crude Prices Retreat By Team Countdown Global oil prices declined sharply on Monday as the oil market continued to adjust to the evolving U.S.-Iran conflict, with fears of immediate supply disruptions easing despite the prolonged geopolitical tensions
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From classroom to communities: How “Path to follow” is rebuilding morals and character for national transformation By Bonny Alaneme Nigeria’s greatest asset is its people. But technical knowledge without character and civic responsibility cannot deliver sustainable development. The Path to Follow – Basic Morals and Civic Knowledge Project is a national intervention designed to deliberately
NCDMB Launches Digital Certification Platform for Oil, Gas Trainers Monday The Nigerian Content Development and Monitoring Board (NCDMB) will officially launch the Nigerian Content Trainers’ Registration Certificate (NCTRC) on Monday, July 27, 2026, in a move aimed at strengthening quality assurance, standardisation and human capacity development in Nigeria’s oil and gas industry. The digital
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Nigeria’s Next Competitive Advantage Is Not Technology—It’s Institutional Coordination How Tinubu’s new Virtual Assets Executive Order offers a glimpse of the next frontier of economic competitiveness By Sola Adebawo Nigeria has spent decades competing for investment through familiar levers of economic policy. Tax incentives. Market reforms. Infrastructure spending. Regulatory changes. Those fundamentals remain important. But
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