SBM Offshore Repurchases 140,016 Shares in One Week as €227m Buyback Programme Nears Halfway Mark By Udeme Akpan SBM Offshore has repurchased 140,016 of its shares for approximately €4.48 million during the five trading days between July 30 and August 5, 2026, as the global offshore energy infrastructure company continues the execution of its […]
Otti pledges Abia’s readiness to partner REA on renewable energy projects Abia State Governor, Dr. Alex Otti, has expressed a strong commitment to partner with the Rural Electrification Agency (REA) to fast-track renewable energy projects across the state, admitting that it was unacceptable for Abia to lag behind given its vast potential. Receiving a
Otti pledges Abia’s readiness to partner REA on renewable energy projects Read More »
Nigeria Defies Africa’s FDI Slump, But Continent Loses Ground in Global Investment Race By Eyo Nsima Nigeria emerged as one of Africa’s strongest investment performers in 2025, even as the continent suffered a sharp decline in foreign direct investment (FDI), underscoring both the country’s renewed appeal to investors and the broader challenge of Africa’s shrinking
Nigeria Defies Africa’s FDI Slump, But Continent Loses Ground in Global Investment Race Read More »
Top cheapest depots to buy petrol, diesel as Dangote leads market By Eyo Nsima Dangote Petroleum Refinery has retained its position as Nigeria’s cheapest source of petrol and diesel, while Matrix, Sigmund and Sobaz emerged among the country’s most competitive private depots, according to the latest Daily Depot Price Intelligence Report. The report for
Top cheapest depots to buy petrol, diesel as Dangote leads market Read More »
Saudi Arabia retains OPEC crown as UAE surges, Nigeria ranks seventh in June output By Eyo Nsima Saudi Arabia remained the largest crude oil producer in the Organisation of the Petroleum Exporting Countries (OPEC) in June 2026 despite a decline in output, while the United Arab Emirates (UAE) recorded the biggest monthly increase to
Saudi Arabia retains OPEC crown as UAE surges, Nigeria ranks seventh in June output Read More »
Aba Power Pledges Electricity Restoration This Week as Abia Assembly Power Committee Visits Company Power power supply to the Aba Ring-fenced Area consisting of nine of the 17 local government areas (LGAs) in Abia State will be resorted this week. This fact was disclosed today by a former Minister of Power, Prof Bart Nnaji,
Oando Revenue Hits ₦2.1trn as Oil, Gas Output Rises 16% in H1 Oando Plc recorded a 20 per cent increase in revenue to ₦2.1 trillion in the first half of 2026, driven by higher oil and gas production, improved operational efficiency and lower operating costs, as the indigenous energy company continues to unlock value
Oando Revenue Hits ₦2.1trn as Oil, Gas Output Rises 16% in H1 Read More »
156 Days Since USA-Iran War Began: Africa counts gains as oil prices remain firm, but inflationary risks persist By Team Countdown Nearly five months after the outbreak of the United States-Iran conflict, Africa’s oil-producing economies continue to enjoy relatively firm crude oil prices, providing a much-needed boost to government revenues, foreign exchange earnings and investment
NCDMB opens 10th national undergraduate essay competition The Nigerian Content Development and Monitoring Board (NCDMB) has announced the commencement of entries for the 10th edition of its Annual National Undergraduate Essay Competition, aimed at promoting research, innovation and critical thinking among young Nigerians on issues of local content development. According to the Board, entries
NCDMB opens 10th national undergraduate essay competition Read More »
155 Days Since USA-Iran War Began: African Oil Producers Face Revenue Pressure as Crude Prices Slump Since U.S.-Iran War Oil-producing African nations are coming under increasing fiscal pressure following a sharp decline in global crude oil prices in the aftermath of the U.S.-Iran conflict, raising concerns over government revenues, foreign exchange earnings and investment in
