West Africa, home to the world’s largest cocoa producers, is bracing for another disappointing harvest as structural challenges threaten to keep global supplies tight and prices...
Brent crude traded near $70 a barrel on Monday as investors assessed the impact of a fresh supply increase from OPEC+ and the possibility of U.S....
India’s state-run refiners have halted Russian crude oil purchases in the past week, turning instead to Middle Eastern and West African suppliers as shrinking discounts and...
Oil prices extended their rally above $70 per barrel on Tuesday as easing global trade tensions and heightened geopolitical risks surrounding Russia lifted market sentiment. Brent...
Oil prices rose on Monday as a trade agreement between the United States and the European Union eased concerns over potential tariffs and supported broader financial...
Transcorp Power Plc has reported a profit after tax of ₦44.05 billion for the half year ended June 30, 2025, representing a 19.7% increase from ₦36.78...
Oil prices rose on Friday, supported by a larger-than-expected decline in U.S. crude inventories and supply disruptions across key export routes. The bullish momentum outweighed concerns...
Africa loses an estimated $90 billion annually due to its continued dependence on imported substandard refined petroleum products, according to Aliko Dangote, President of Dangote Industries...
Global crude oil prices remained largely unchanged on Wednesday as market participants assessed the implications of recent trade developments between the United States, Japan and the...
Dangote Refinery said it has exported one million tonnes of petrol in the last 50 days despite criticism from dissenting voices questioning the company’s ability to...
