December 28, 2025 Residents of the Ireakari community in Ilisan Remo, Ikenne Local Government Area of Ogun State, staged a protest for the second time in two months on Saturday, over what they described as a decade-long erratic power supply, despite contributing over N11 million to install a transformer. The protesters carried placards with inscriptions […]Read More
December 25, 2025 Nigeria has solidified its position as Singapore’s leading trade partner in West Africa, as bilateral trade between the two countries surged by 85 percent to $7.47 billion in the first half of 2025. The development underscores Nigeria’s growing relevance in global trade networks, as well as Singapore’s deepening economic engagement with Africa’s […]Read More
December 26, 2025 Vice President Kashim Shettima has assured residents of Borno State and Nigerians nationwide that the Federal Government remains resolute in its duty to protect lives and property, following a bomb explosion at Gamboru Market in Maiduguri on Wednesday. This is just as the Vice President has commiserated some of the blast victims […]Read More
December 26, 2025 Turkey anticipates major energy breakthroughs in the coming year, including the launch of the first reactor at its Akkuyu Nuclear Power Plant alongside increased domestic natural gas production and continued rapid growth in renewable sources (solar/wind), energy officials in Ankara said on Friday. These advancements are part of Turkey’s broader strategy to reduce reliance […]Read More
December 26, 2025 Turkey just took another very large, very deliberate step deeper into Russia’s energy orbit — and this time it comes with a $9 billion price tag. Ankara says that Russia has provided $9 billion in new financing for the Akkuyu nuclear power plant, Turkey’s first-ever nuclear facility, which is being built by […]Read More
December 26, 2025 Russia’s crude oil production this year will remain unchanged from the previous year at some 516 million tons, Deputy Prime Minister Alexander Novak said today, adding that in 2026, oil production should rise to 525 million tons, Interfax cited the official as saying. The 2025 total is equal to around 10.36 million barrels daily, […]Read More
December 26, 2025 China has issued the first batch of fuel export quotas for the new year, at a total of 19 million tons, Reuters reported today, citing unnamed sources. The volumes were relatively unchanged on the first fuel export quota batch for this year. The quotas include gasoline, diesel, and jet fuel. In addition to those, […]Read More
December 25, 2025 Heritage Energy Operational Services Limited, operators of Oil Mining Lease 30, on Tuesday signalled a turnaround in the asset’s fortunes, declaring that years of behind-the-scenes restructuring, investment and governance reforms are now translating into rising production, stronger reserves and improved stakeholder confidence. Speaking at a media stakeholders’ engagement in Lagos, the General […]Read More
December 24, 2025 BP has agreed to divest a majority stake in its Castrol lubricants business to Stonepeak at a $10 billion enterprise value, generating roughly $6 billion in proceeds to accelerate debt reduction and streamline its downstream portfolio. BP reached the deal following a strategic review of Castrol, concluding in a sale that values the business […]Read More
December 23, 2025 Japan will provide investment subsidies of a total of $1.3 billion (210 billion Japanese yen) over five years to companies using only clean power, as the world’s fifth biggest carbon dioxide emitter looks to bolster renewable energy usage.    The funds will be available for five years beginning in the 2026 fiscal […]Read More
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