Africa is set to add 1.2 million barrels per day (bpd) of new refining capacity by 2030, marking one of the fastest downstream expansions globally, according to the newly released 2025 OPEC World Oil Outlook.
NUPRC Aims to Capture 40% of Africa's Oil Investments
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says it is taking bold steps to reclaim the country’s dominant position in Africa’s oil and gas investment space after its share of sub-Saharan Africa’s upstream inflows plunged from...
Cardoso: Placing Nigeria at the Heart of Africa’s Financial Future, by Zekeri Idakwo Laruba
It is often said that “if you want to go fast, go alone, but if you want to go far, go together.” This African proverb found new relevance when the Governor...
$600bn Needed Annually for Africa's Energy Development - NUPRC
The Chief Executive Officer of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) Gbenga Komolafe, has said that Africa will require more than $600bn annually in upstream oil and gas investment to meet its fast-growing energy demands.
He...
Some Nigerians with a wrong intent to mock believe that sick people, especially those living with Human Immunodeficiency Virus (HIV) in Africa, particularly Nigeria, are now an "endangered species" due to the United States' withdrawal from the World Health Organisation (WHO).
Trump's USAID Freeze: A Bid to Curb Corruption or a Warning to Africa, by Zekeri Idakwo Laruba
Donald Trump is a polarizing figure, but whether one supports him or not is irrelevant to the undeniable fact that he seems to have an uncanny ability to...
