Tinubu Praises Kogi Governor Ododo on His Birthday
President Bola Tinubu has congratulated Kogi State Governor Ahmed Usman Ododo on his birthday, praising his people-centred leadership and encouraging deeper policy impact.
Heirs Energies Acquires 20.07% Equity Stake in Seplat Energy in $500m Landmark Deal
Heirs Energies has acquired Maurel & Prom’s 20.07% stake in Seplat Energy Plc for about $500 million, strengthening indigenous ownership and advancing Nigeria’s energy security.
Oil Inches Up After Posting Biggest Annual Loss Since 2020
Oil prices edged higher at the start of 2026 following their steepest annual loss since 2020, as geopolitical tensions in Russia, Venezuela and the Middle East offset concerns over global oversupply.
Africa’s Oil and Gas Reforms Unlock Investment Surge Across Key Producers
Regulatory reforms across Africa’s oil and gas sector are driving renewed investment, boosting production targets and accelerating major upstream and LNG projects as the continent heads into 2026.
Oil posts deepest annual loss since 2020 on surplus concerns
Global oil prices recorded their steepest annual decline since 2020 as oversupply, rising non-OPEC production, and muted demand outlook fuel surplus concerns heading into 2026.