Read the latest news from regional and global sources, presenting different voices and perspectives.

Nigeria’s Oil Rigs Rise By 762% To 69 In Four Years — NUPRC
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has said that oil rig count in the country rose from eight in 2021 to 69 as of October 2, 2025, representing a 762.5% increase in barely four years. A statement by the Commission on...

Oktoberfest, Blue & BBQ Fest and Gentilly Fest, plus more community events
FESTIVALS OKTOBERFEST: Deutsches Haus, 1700 Moss St. in New Orleans, hosts three weekends of food, music and family-friendly events on Bayou St. John Oct. 10-11, 17-18 and 24-25, with hours on Friday 4-11 p.m. and Saturday 1-11 p.m. The festival...

IsDB Approves $1.27bn Projects Across 12 Nations, $50m for Agriculture in Nigeria
Members of Board of Executive Directors of Islamic Development Bank (IsDB) have approved a substantial number of projects amounting to about US$1.27 billion across 12 member countries in Asia, Africa and MENA. At their 362nd meeting on September...

As Douala Port fetes 150 years: PM ...
It took place at Quai 14 of the Container Terminal along the banks of the Wouri River, on Friday, September 26. It brought together government officials, local authorities, traditional rulers, business leaders and members of the maritime...

Senegal: Gold miners Predictive Discovery, Robex to merge in $1.5bln deal
DAKAR - Australian miner Predictive Discovery and Canada's Robex Resources said they will merge in a A$2.35 billion ($1.55 billion) all-share deal, creating a mid-tier gold producer in West Africa. Under the deal, Robex shareholders will receive...
China’s high-stake BHP standoff can also be brief
The iron ore trade between China and Australia is simply too big to break but the balance of power between the buyer and seller is shifting. Prime Minister Anthony Albanese on Wednesday called China’s ban on purchasing new iron ore cargoes from...

Axis Minerals, casualty of Guinea’s mining purge, demands $1 billion in damages
An Indian businessman is seeking $1 billion in damages from Guinea after losing his mining licence for a bauxite deposit in the Boffa region. Pankaj Oswal has requested arbitration before a New York court, denouncing Conakry's treatment of foreign...

Bayelsa State Governor, Senator Douye Diri Champions Gulf of Guinea as Africa’s Economic Powerhouse
Bayelsa State Governor, Senator Douye Diri, has positioned the Gulf of Guinea as a critical yet underutilized economic hub for Nigeria and the broader African continent. Speaking at a High-Level Discourse on the Gulf of Guinea, held at the...

Africa: Call to tackle ‘financial apartheid’ in energy sector
The gas industry in Africa will continue to grow and exploration will continue unabated. This was the bullish message by Executive Chairman of the Africa Energy Chamber (AEC), NJ Ayuk, as he officially opened African Energy Week 2025 in Cape Town,...
Crypto’s meteoric rise could make or break Africa
Opinion by: Ure Utah, technical advisor to Nigeria’s minister of innovation With the value of digital currencies surging close to $4 trillion, the world is rushing to cash in. While Elon Musk’s Dogecoin (DOGE) and the US president’s Official Trump...
Dry Bulk Shipping: Will Iron Ore Demand Retreat in the Years to Come?
Demand for raw materials, like iron ore, could lower in the coming years, as a result of a trend towards higher-value products, among leading producers. In its latest weekly report, shipbroker Intermodal said that “China’s aluminium powerhouse is...

Goldstar Air to position Ghana as global trade and logistics hub
Ghanaian and United States registered company Goldstar Air, a private international airline with an issued Air Carrier Licence (ACL/N-SCH No. 0239) from the Ghana Civil Aviation Authority (GCAA) and no liabilities as of today, has secured...
Guinea Secures Historic B+ Credit Rating as Mining Giant Awakens
Standard & Poor’s (S&P) has awarded Guinea its first-ever sovereign credit rating of “B+” with a stable outlook, positioning the West African nation among the continent’s top-performing economies ahead of massive iron ore production from the...

At UNGA, Solewant Group Joins Global Oil Industry, Maritime Leaders to Unlock $800bn Opportunities in Gulf of Guinea
Ibrahim Yusuf Nigeria’s foremost pipe production, coating and energy sector industrial solutions provider, Solewant Group, joined senior government officials and other global players in the oil and gas, as well as maritime industries to dissect...

One South African bank out values Nigeria’s entire industry, by Blaise Udunze
It is a sobering reality that one South African bank, Standard Bank Group, has a market capitalisation of roughly ZAR 384.34 billion (about $21 billion to $22 billion), while the entire Nigerian banking sector combined cannot match it. For a...

Nigeria’s Rig Count Jumps 762% To 69 As NUPRC Marks Four Years Of Growth
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) on Sunday, published a list of 16 high impact achievements four years after its establishment, listing as one of its highpoints, the geometric rise in Nigeria’s rig count from a low of...

Nigeria’s Banking Woes: How One South African Bank Outvalues An Entire Industry
It is a sobering reality that one South African bank, Standard Bank Group, has a market capitalisation of roughly ZAR 384.34 billion (about $21-22 billion), while the entire Nigerian banking sector combined cannot match it. For a nation of more...

Why Gulf of Guinea is crucial to Bayelsa – Diri
The governor of Bayelsa state, Senator Douye Diri, has said the location of the state around the resource-rich Gulf of Guinea (GoG) region presents unique opportunities for investment, its growth and development. Governor Diri also stated that his...

UNGA80: Stakeholders chart course to unlock $800bn Gulf of Guinea economy
Policymakers, diplomats, security experts, and business leaders gathered in New York on Thursday for a high-level roundtable on “Unlocking Energy, Oil & Gas, Minerals, Aviation and Maritime Opportunities in the Gulf of Guinea,” where they...

Guinea’s Electorate Overwhelmingly Approves New Constitution in Referendum
On September 24, 2025, Guinea’s electoral authorities announced that voters had resoundingly approved a new constitution, with 89% casting ballots in favor of the proposed changes. The referendum, held to reshape the West African nation’s...