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Oil Prices Steady over Fuel Demand, Looser Supply Curbs

Oil prices remain unchanged as at today (Friday), with trading marked by growing uncertainty about global recovery in fuel demand as new COVID-19 cases...

OPEC Issues Ultimatum against non-Compliant Members

The Organization of Petroleum Exporting Countries (OPEC) and its allies in the Declaration of Cooperation, called OPEC+, has set June 22...

PPPRA Denies Removing Price Cap of PMS, says News was fake

The Petroleum Products Pricing Regulatory Agency (PPPRA) has denied the recent news that it removed the price cap of PMS, giving...

Oil Prices Fall On Doubts over Output Cuts

Oil prices dropped on Thursday, reversing gains in the previous session, on concern over whether major crude producers will extend record...

Africa Akinwunmi Adesina (AFDB): Any conspiracy from the Western Block?

By: JIMOH IBRAHIM Please wait a minute; it is about corporate governance! Yes, in a simple bank...

Research Points to Investment in VERY YOUNG Entrepreneurs To Unlock Peer-To-Peer Driven Employment Growth

Investments in supporting successful transitions from school and university directly to entrepreneurship could unlock significant employment gains in Africa, this is...

Nigeria’s Inflation Rises To 12.34% -NBS

The National Bureau of Statistics (NBS) says the Consumer Price Index (CPI), which measures inflation, increased by 12.34 per cent year-on-year...

Opportunity for Local Content in Energy Sector

Africa Oil & Power  together with the African Energy Chamber, hosted a public webinar where industry leaders unpacked strategies to set...

NNPC Records N211. 62bn Products Sales

The Nigerian National Petroleum Corporation (NNPC) recorded ₦211.62 billion sale of Kerosene, Diesel and Premium Motor Spirit (PMS), also known as...

Wolf Oil Corporation Partners Goldwagen for Lubricants Distribution

…Targets More presence in Sub-Saharan Africa Wolf Oil Corporation has entered into partnership with Goldwagen to enable Wolf...

Nigerian Petroleum Marketers Make Case for Increase in Local Refining Capacity

The Independent Petroleum Marketers Association of Nigeria (IPMAN) says Nigeria needs to increase its local refining capacity to mitigate the impact...

COVID-19: Africa Will Lose $65b to Full Lockdown – UNECA

It has been projected that African economy will lose 65 billion dollars if there is a full lockdown of the continent...

Most Read

Nigeria’s New Auto Technology Firm, Autochek Acquires Cheki Nigeria, Ghana

Autochek, the automotive technology company recently founded by Etop Ikpe, former Cars45 chief executive officer, has acquired  Ringier One Africa Media-owned (ROAM) vehicles marketplaces...

Peugeot Group Chairman to Drive 908 at Le Mans Race

This year, the 24 Hours of Le Mans will be witness to a new feature. Peugeot Sport reveals its new identity with its iconic...

UK’s biggest free-to-view Motor Show Postponed until 2021

Next month’s Regent Street Motor Show has been postponed until 2021 as a result of the global COVID-19 pandemic. Staged annually on the capital city’s...

Kia Motors Shuts Factories near Seoul, as Eight Workers Contract Virus

Kia Motors has suspended production at all of its factories near Seoul from late on Wednesday, as eight of its workers have tested positive...
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