Business & Economy

TotalEnergies Farms Out 40% Stake in Nigerian Deepwater Blocks to Chevron’s Star Deep Water Petroleum

TotalEnergies has entered a farm-out agreement to transfer a 40 percent interest in two offshore exploration licences, PPL 2000 and PPL 2001, to Chevron’s...

Nuprc Launches 2025 Upstream Licensing Round with Dedicated Digital Bid Portal to Boost Investment

The Nigerian Upstream Petroleum Regulatory Commission has opened the 2025 Licensing Round with the introduction of a dedicated digital bid portal, marking a new...

Nigerian Civil Aviation Authority Approves Heliconia–EAN Aero Nigeria to Launch Charter Flight Operations

The Nigerian Civil Aviation Authority has granted operational approval to Heliconia–EAN Aero Nigeria to commence charter flight services in the country. The certification follows...

Standard Bank Becomes First African Lender to Connect Directly to China’s CIPS

Standard Bank has announced that it is now the first African financial institution to establish a direct connection with China’s Cross-Border Interbank Payment System...

Dangote Refinery Faces European Pushback Over Diesel Quality

Dangote Petroleum Refinery is encountering resistance in the European market after traders reported that recent diesel shipments did not meet the continent’s stringent winter...

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