Nigeria emerges as a major jet fuel supplier to Europe as Dangote refinery reshapes global fuel trade

Nigeria is rapidly strengthening its position in the global refined petroleum market as the 650,000-barrel-per-day Dangote refinery boosts exports of jet fuel to Europe, capitalizing on supply disruptions caused by geopolitical tensions in the Middle East.

The refinery, Africa's largest, has become one of the world's leading exporters of...

Tony Elumelu to step down as UBA Chairman after 12 years

Nigerian businessman Tony Elumelu will step down as Chairman of the Board of United Bank for Africa (UBA) on August 21 after completing the maximum 12-year tenure permitted under the Central Bank of Nigeria's corporate governance regulations, the bank announced.

The board has appointed Emmanuel N. Nnorom, a long-serving non-executive dir...

Ghana signs €300 million deal with Italy’s Danieli to build aluminium rolling mill in Tema

Ghana, through the Ghana Integrated Aluminium Development Corporation (GIADEC), has signed a memorandum of understanding with Italian engineering firm Danieli & C. Officine Meccaniche S.p.A. for a €300 million investment to develop an aluminium rolling and foil production facility in Tema, officials and industry sources said.

Th...

Ghana announces $3.5 billion investment plan to revive oil sector and boost industrialization

The government of Ghana has announced a $3.5 billion (approximately CFA 1,953.5 billion) investment program aimed at revitalizing its declining oil industry and accelerating broader industrial development, officials said on Monday.

The initiative is designed to reverse a six-year downturn in the country’s petroleum production secto...

Ghana expands state gold purchases to strengthen reserves and boost domestic refining

Ghana will require large-scale mining companies to sell 30% of their gold production in doré form to the Ghana Gold Board (GoldBod) starting July 1, marking a significant step in the country's strategy to strengthen foreign exchange reserves, expand domestic gold refining, and reduce reliance on external markets.

The policy, annou...

Nigeria launches EMERGE programme to accelerate mineral exploration and reduce dependence on oil

Nigeria has launched a new initiative aimed at unlocking the potential of its solid minerals sector as Africa's largest economy seeks to diversify away from decades of dependence on oil revenues.

The programme, known as EMERGE (Early-Stage Mineral Exploration and Research Grant Endowment), was introduced by the Solid Minerals Development...

Abidjan: Strong Turnout for BYU–Pathway Worldwide Fireside Hosted by The Church of Jesus Christ of Latter-day Saints

On Sunday, June 14, 2026, the Cocody Stake Center hosted a major fireside organized by Published on Jun 24, 2026