Aradel’s Nine-Month Profit Doubles, Buoyed by Shell Asset Purchase
Aradel Holdings Plc, a Nigerian indigenous energy independent, posted a more than two-fold increase in earnings after tax for the
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Energy
Eterna’s Nine-Month Profit More Than Doubles on N150m FX Gain
Eterna Plc, an oil marketing company in Nigeria, has reported a profit after tax of N325.88 million in the first
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TotalEnergies Marketing Nigeria Posts N14bn Loss in Nine Months
TotalEnergies Marketing Nigeria, a fuel marketing company, reported a loss of N14.10 billion in the first nine months of the year
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Oando Pauses Fuel Trading Business as Dangote Refinery Ramps Up
Oando, a major Nigerian energy independent, has put the brakes on its trading of refined products in what it described
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BUA Beats Africa’s Biggest Cement Maker Dangote in Profit Growth
BUA Cement, Nigeria’s second-biggest cement producer, recorded the highest growth in earnings in the first nine months of 2025, outperforming
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Solar Firm Sun King Sets Up First African Manufacturing Facility in Kenya
Sun King, the world’s leading off-grid solar company, is establishing its first large-scale manufacturing operations in Africa, marking a major
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Aradel to Raise ND Western Stake to 81.67% as Petrolin Set to Exit
Aradel Holdings Plc announced that its wholly owned subsidiary, Aradel Energy Limited, has entered into a definitive agreement to acquire
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NIPCO Plans to Buy 19.4% Stake in Savannah Energy
Savannah Energy Plc, the Africa-focused British independent energy company, has announced the planned introduction of a new strategic shareholder, NIPCO,
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NNPC’s Profit Plunges 60% in September as Output Falls
State-owned Nigerian National Petroleum Company (NNPC) saw its profit tumble by 60 percent last month as oil and gas production
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Shell Says Nigeria Needs Sustained Actions to Attract Gas Investments
Nigeria needs sustained actions to attract and retain investments in the gas sector to ensure economic growth and industrialisation, senior
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