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Nigeria Plans to End Electricity Subsidies in 2027
Nigeria plans to end electricity subsidies in 2027 to create a commercially sustainable power sector. The government must improve power supply and protect vulnerable consumers as tariffs rise.

Nigeria pla...


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Vietnam, Uganda Deepen Energy and Mining Cooperation
Vietnam and Uganda are seeking stronger energy and mining cooperation to boost investment and trade. Both countries are exploring petroleum, infrastructure and resource development opportunities to deepen economic ties.


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New Tax Incentive Targets $50bn Deep Offshore Investment
Nigeria’s new deep offshore tax incentive could unlock up to $50 billion in oil and gas investment and revive stalled projects. The policy aims to boost oil production, attract capital and create more opportunities for Nigerian businesses.

A new tax inc...


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Hormuz Disruption Cuts Natural Gas Exports by 95% – ITC
Natural gas exports through the Strait of Hormuz plunged 95%, disrupting global energy and commodity trade. Crude oil exports fell by 28 million tones as importers sought alternative supplies amid the disruption.

Natural gas exports through the


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FG Revives NNPC Listing Plan to Boost Oil, Gas Investment
President Bola Ahmed Tinubu revives plan to list NNPC on the NGX to attract fresh investment into the oil and gas sector. The listing could strengthen NNPC’s finances, transparency and capacity to support Nigeria’s energy industry.

NNPC is back in line for a


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