Nigeria has officially handed over the headquarters for the Africa Energy Bank (AEB) in Abuja, after completing the construction of the building, paving the way for the institution to begin operations. The handover took place on the sidelines of the 9th Nigeria International Energy Summit (NIES) in Abuja on Monday, February 2, 2026. A statement …
Nigeria’s Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has called for massive investments in the oil and gas sector to reduce Africa’s spending on hydrocarbon imports. The minister made the call during his keynote speech at the opening ceremony of the 2025 Oil Trading and Logistics (OTL) Africa Downstream Energy Week in …
Nigeria and seven other African countries have signed a landmark charter establishing the African Petroleum Regulators Forum (AFRIPERF), a new platform designed to harmonize petroleum regulations and promote investment across the continent. The signing ceremony took place on Thursday on the sidelines of the 31st Africa Oil Week in Accra, Ghana. It was chaired by …
