During times of risk and market volatility, investors look for high-quality assets that can save their capital and minimize losses. History has shown many times that...
Brent crude oil futures stuck near three-year highs on Tuesday, with U.S. benchmark crude close to 2014 peaks, after the OPEC+ supplier group decided to stick...
Ikeja Electric, one of Nigeria’s privately run power distribution companies said it will carry out an upgrade on one of its feeders, which will lead to...
The Minister of Trade, Industry and Investment, Niyi Adebayo has announced plans by the Federal Government to collaborate with investors to implement backward integration programme across...
Oil prices dropped on Friday on the prospect that the OPEC+ supplier alliance might step up a planned increase in output to ease supply concerns, with...
The German government will contribute €100 million to the African Development Bank’s Sustainable Energy Fund for Africa (SEFA), affirming its commitment to efforts to tap Africa’s...
Oil prices held steady on Thursday after rising above $80 a barrel this week, shrugging off bearish factors such as rising U.S. crude oil inventories and...

The current energy market picture is looking good for oil bulls. International benchmark Brent crude passed the long-anticipated threshold of $80 per barrel on Tuesday, though it’s...
With over 36 billion barrels of oil and 200 trillion cubic feet of natural gas, as well as the active participation of global oil majors including...

Oil markets climbed for a sixth day on Tuesday, reversing earlier losses, on fears over tight supply while surging prices of liquefied natural gas (LNG) and...