Search

Petrobras eyes return to Nigeria in boost for Africa’s oil and gas

Oil drilling rig Photo Marian Lupan @ Unsplash
Oil drilling rig Photo Marian Lupan @ Unsplash
  • Petrobras plans to re-enter Nigeria’s energy sector after five years away
  • Move could boost foreign investment, FX inflows and investor sentiment.

 

ABUJA, NIGERIA – Brazilian state-controlled oil giant Petrobras is preparing to return to Nigeria, signalling renewed confidence in Africa’s biggest oil producer and raising hopes of fresh capital inflows.

Recent Business

Market, food, inflation. Photo by Anne Preble @ Unsplash
Morocco inflation turns negative in December as food prices fall
Read More »
Mobile money instant payment in Africa. Photo by Olumide Bamgbelu @ Unsplash
Flutterwave rolls out stablecoin balances across Africa
Read More »
Oil field. Photo by Redhawk Investment Group @ Pixabay
Nigeria’s Seplat hits first gas at ANOH plant, marking milestone for Africa’s gas ambitions
Read More »

Recent Politics

Uganda president Yoweri Kaguta Museveni. Photo: Yoweri Kaguta Museveni/Facebook
Uganda’s disputed election under Museveni deepens East Africa concerns
Read More »
William Ruto, President of The Republic of Kenya. Photo: @ William Ruto/Facebook
Kenya’s opposition succession battle draws in Ruto, Uhuru as 2027 race takes shape
Read More »
Samia Suluhu Hassan, President of Tanzania. Photo @ Samia Suluhu Hassan/Facebook
Will Tanzania's shuttle diplomacy to Western nations bear fruits?
Read More »

Latest Posts

Latest news insights