Niger Republic cancels concession to three mining companies and also denies licence extension to UK oil firm

Niger’s military government has cancelled the concessions of three gold mining companies—Comini, Afrior, and Ecomine—citing failure to meet contractual obligations. The companies allegedly neglected tax payments, technical reporting, and environmental compliance. The ruling junta, in power since a 2023 military coup, has also denied a licence extension to British oil firm Savannah Energy, accusing it […]

Ibom Power and Accugas Blame Each Other for Akwa Ibom Power Outage

A power outage in Akwa Ibom State recently left residents without electricity for four days, sparking a heated argument between Ibom Power Limited and its gas supplier, Accugas Limited. Both companies have blamed each other for the issue. The former Managing Director of Ibom Power, Engr. Meyen Etukudoh, accused Accugas of stopping gas supply to […]