The dismissal of Nigerian staff at the Dangote Petroleum Refinery has triggered concerns over job security and labour relations in Nigeria’s energy sector. According to an...
President Donald Trump has advanced a plan for American investors to acquire TikTok’s U.S. operations at a valuation of about $14 billion, a figure that falls...
Italy’s antitrust regulator has imposed fines exceeding €936 million ($1.09 billion) on six oil companies, including Eni and ExxonMobil-owned Esso, for operating a cartel that restricted...
Abbey Mortgage Bank Plc has notified the Nigerian Exchange Limited (NGX) of a significant share dealing by one of its substantial shareholders, VFD Group Plc. According...
Seplat Energy Plc has confirmed it is in discussions with the Nigerian National Petroleum Company Limited (NNPC) regarding a potential sale of a 10 percent interest...
Seplat Energy Plc has outlined an ambitious medium-term growth plan that will see its working interest production increase to approximately 200,000 barrels of oil equivalent per...
TikTok’s US operations are set to be acquired by a consortium led by Oracle Corporation, alongside Andreessen Horowitz and Silver Lake Management LLC, under a framework...
Ford Motor Company’s European strategy has come under renewed scrutiny as the automaker prepares to cut 1,000 jobs at its Cologne plant in early 2026. The...
The Dangote Group has rejected allegations by the Depot and Petroleum Product Marketers Association of Nigeria (DAPPMAN) that its refinery sells petrol to international traders at...
Arise Integrated Industrial Platforms (Arise IIP) has secured $700 million in fresh funding to accelerate its expansion across Africa, in a transaction that brings Saudi Arabia’s...
