$5B Africa Energy Bank HQ Complete in Abuja
Nigeria has completed the headquarters of the $5 billion Africa Energy Bank in Abuja. Minister Heineken Lokpobiri confirms all host obligations are met, paving the way for operations to begin. Read more.
Category : Search result: African energy markets
UK Pulls $1.15bn Loan for Mozambique Gas Project
Britain withdraws funding for TotalEnergies' Mozambique LNG project, citing national interests. The $20bn project, halted by jihadist violence, faces new hurdles. Read the full analysis.
Asian markets mixed ahead of key US data, Fed decision
Asian markets showed mixed performance as investors await crucial US economic data that could influence the Federal Reserve's expected interest rate cut next week. Oil prices surged on OPEC+ output decision.
OPEC+ Likely to Maintain Current Oil Production Levels
OPEC+ ministers are expected to keep oil output unchanged in Sunday's online meeting amid price uncertainty. Analysts predict no major market changes as group watches Ukraine talks.
Akume: Africa Must Lead Tech Energy Revolution
SGF George Akume urges African leaders to embrace emerging technologies for energy transformation. Nigeria positioning as competitive energy economy through Tinubu's reforms.
Asian markets pause as investors eye Fed rate cuts
Asian markets took a breather after a strong rally, with focus on upcoming US economic data and the high probability of a December interest rate cut by the Federal Reserve.
MMC 7.0: Energy Leaders Converge in Lagos
Top African energy executives gather at MMC 7.0 in Lagos to discuss sustainable energy's role in powering Africa's industrial revolution and equitable trade. Join the conversation December 4-5, 2025.
AfDB Approves $500m Loan for Nigeria Energy Reforms
African Development Bank approves $500 million loan to support Nigeria's energy sector reforms and climate action. Learn how this funding will transform Nigeria's power sector.
Dangote Refinery Denies Exporting Off-Spec Diesel
Dangote Refinery refutes claims of exporting substandard diesel to Europe as market sources cite quality issues. Learn about the specifications debate and regional market shifts.
UK Allows New Oil and Gas Drilling in North Sea
Britain's Labour government signals a policy shift, permitting limited oil and gas extraction in existing North Sea fields despite a prior ban on new licenses. Discover the details.
Hungary increases oil shipments to Serbia amid sanctions
Hungary pledges increased oil exports to Serbia as US sanctions threaten refinery shutdown. Learn how this energy crisis impacts Balkan stability and payment systems.
ECB Warns on AI Bubble and Eurozone Debt Risks
European Central Bank warns AI valuations may be overstretched and sovereign debt levels threaten financial stability. Learn how this affects global markets.
Asian Stocks Extend Rally as Fed Rate Cut Hopes Grow
Asian markets continue global rally as weak US data fuels Federal Reserve rate cut expectations. Trump's potential Fed pick Kevin Hassett adds to investor optimism. Tokyo and Seoul lead gains.
Makinde opens 4th ultramodern market in Oyo
Governor Seyi Makinde commissions Omituntun Ultramodern Market in Omi Adio, featuring 406 shops and 56 stalls. The project aims to transform trading in Oyo State.
UK Budget 2025: Energy Bill Relief Hope for Businesses
As UK prepares budget announcement, pub owners and households hope for cost-of-living relief from high energy bills. Discover the impact on businesses and potential solutions.
Asian Markets Advance on Fed Rate Cut Expectations
Asian markets surge as Federal Reserve officials signal December rate cut. Tech stocks lead rally while weakening labor market shifts Fed focus from inflation concerns.
EU leads €15.5bn clean energy campaign in Africa
The European Union has mobilised €15.5 billion to accelerate Africa's clean energy transition, promising electricity for millions and sustainable industrial growth.
LONTOR Invests N1.2b in Nigeria's Sustainable Energy Drive
LONTOR Hi-Tech commits N1.2 billion to boost solar energy and smart living in Nigeria. Discover their new Wuling Bus Partnership Programme for nationwide growth.
Rice Prices Drop 40% in Nigerian Markets
Nigerian consumers rejoice as rice prices plummet from N95,000 to N55,000 per bag due to increased local production and imports. Traders face losses while experts warn the relief may be temporary.
Nigeria to earn $1bn from electricity exports
Nigeria plans to generate N1.49 trillion annually by exporting 600MW of electricity to 15 West African countries following successful grid synchronization tests. Full details on this energy breakthrough.
NALDA Monitors 20,000 Plantations for Carbon Markets
NALDA unveils carbon roadmap at COP 30, placing 20,000 hectares under MRV system to tap into voluntary carbon markets while boosting food security and rural incomes.
Asian markets bounce as Nvidia takes centre stage
Asian markets staged a recovery on Wednesday, November 19, 2025, as all eyes turned to Nvidia's earnings report amidst growing fears of an AI-driven stock market bubble. Discover the key figures and expert analysis.
Copy Trading Revolutionizes Passive Income in Nigeria
Discover how copy trading is creating new passive income opportunities in Nigeria's emerging market. Learn about its potential, risks, and future in global finance.
EU Probes Amazon, Microsoft Cloud for Stricter Rules
The EU is investigating Amazon Web Services and Microsoft Azure under the Digital Markets Act, which could lead to stricter competition rules for their cloud services. Discover the potential impact on the tech sector.
Asian Markets Drop on Tech Worries, Nvidia in Focus
Asian stocks followed Wall Street lower amid concerns over AI tech valuations. All eyes are on Nvidia's earnings and key US jobs data this week. Read more for the full market analysis.
Africa Receives Only 2.3% of $2.4trn Clean Energy Funds
Global renewable investment hits $2.4 trillion but sub-Saharan Africa gets only $18 billion, raising concerns about energy transition inequality. Nigeria and oil-dependent economies face urgent need to adapt.
Ukraine-Greece Energy Deal Boosts US LNG Imports
Ukraine secures vital US LNG imports through Greece's Trans-Balkan pipeline as EU plans Russian gas ban by 2027. Zelensky announces January deliveries amid ongoing energy security challenges.
Asian Markets Slump on Tech Bubble, Fed Rate Fears
Asian markets fell as fears over a tech rally bubble and delayed US rate cuts spooked investors. Bitcoin erased its 2025 gains. Discover the market impact.
Expert: Nigeria must break systemic poverty barriers
Economic experts warn Nigeria must reform its power sector, strengthen capital markets, and overhaul institutions to escape systemic poverty and achieve prosperity.
Zelensky overhauls Ukraine energy firms after scandal
Ukrainian President Zelensky vows complete overhaul of state energy companies after $100 million corruption scandal. Read about the resignations and reforms.
Page 2 of 4