Nigeria, Africa’s top oil producer, pumped more crude oil in February than the quota given by the Organisation of Petroleum Exporting Countries (OPEC), a new survey has shown. OPEC and 10 non-OPEC countries agreed in December to cut oil production by 1.2 million barrels per day effective from January for an initial period of six…
Azuri Technologies, a leader in pay-as-you-go solar in Africa and crowdfunding platform, Energise Africa yesterday announced the latest phase of debt financing from United Kingdom (UK) impact investors to deliver affordable, clean energy and help solve the energy crisis in Nigeria and other sub-Saharan Africa countries. The Azuri and Energise Africa collaboration plans to raise…
Esther Ajibola – Lagos The Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Mr. Simbi Wabote has said that next two years promises to be bright for operators in the Nigerian oil and gas industry with an investment opportunities of $25 billion underway. Addressing journalists in Lagos yesterday, Wabote revealed that within the past…
