ExxonMobil News

Igho Sanomi, Founder & Chairman, Taleveras Group

How 42-year old Nigerian oilman Igho Sanomi built a commodities trading giant

Igho Sanomi, 41, is the founder of Taleveras, a $2 billion (revenues) international commodities trading company active over a wide spectrum of global energy markets including crude oil and refined petroleum products, natural gas and power.

Mo Abudu, Founder & CEO, EbonyLife TV. Credit: CNN

Mo Abudu: The Nigerian media mogul building a global empire (Video)

How do you get from a talk show sofa to boardroom chair? If you ask Mosunmola “Mo” Abudu, it’s being motivated by an eagerness to dispel ignorance – more specifically about Africa.

NNPC Towers, Abuja, Nigeria. Credit: iloveabuja.com.ng

Nigeria proposes broad oil sector overhaul and potential NNPC stock exchange listing

Nigeria outlined a plan to overhaul state oil company NNPC and eventually list it on the stock exchange in a bid to modernize and streamline the industry.

President Muhammadu Buhari of Nigeria

Nigerian cabinet hints at austere rule

For the best part of six months Nigerian President Muhammadu Buhari has kept everyone guessing about how he will run Africa’s most populous nation.

The Key Ministers in Nigerian President Buhari's Cabinet

Here are five key ministers in Nigerian President Buhari's cabinet

After more than seven months since he won election as president in Africa’s biggest economy, Muhammadu Buhari named his cabinet.

Muhammadu Buhari, President of Nigeria

Nigeria's cabinet: Seven people to watch in Buhari's team

Nigerians finally know the names of those who will form President Muhammadu Buhari’s cabinet, after the senate approved the list of 36 nominees, five months after the president took office.

Okechukwu Enyinna Enelamah, MD, CFA is the Founder & CEO of African Capital Alliance (ACA)

Nigeria's Buhari asks head of country's largest private equity firm to join cabinet

Nigeria’s President Muhammadu Buhari has asked the head of the country’s biggest private equity firm to join his cabinet, Senate President Bukola Saraki said on Tuesday, as lawmakers started screening candidates for a long-awaited government.

Nigeria's President Muhammadu Buhari

Nigeria's Buhari sends second batch of cabinet nominees to senate

Nigerian President Muhammadu Buhari has submitted a second list of candidates for his cabinet to the upper house of parliament for approval, Senate President Bukola Saraki said on his Twitter feed on Monday.

Chibuike Rotimi Amaechi (L), former Governor of Rivers State; Muhammadu Buhari (C), President of Nigeria; & Babatunde Fashola (R), former Governor of Lagos State

Nigeria's Buhari nominates Fashola, Amaechi as ministers

Nigerian President Muhammadu Buhari nominated four former state governors and the current head of the national oil company as ministers in his administration, according to a list presented to lawmakers in the capital, Abuja.

Muhammadu Buhari, President of Nigeria

Nigeria's Buhari appoints Chief of Staff, SGF, Heads of Customs and Immigration

Nigeria’s President Muhammadu Buhari has appointed Alhaji Abba Kyari, who has held posts at United Bank for Africa, Unilever, and Mobil, as his chief of staff.

Nigeria state oil group NNPC taps private sector for top ranks

Nigeria state oil group NNPC taps private sector for top ranks

The new head of Nigeria’s state oil company has tapped the private sector as part of an overhaul of senior ranks intended to clean up the entity at the heart of the country’s economy.

Dr. Emmanuel Ibe Kachikwu (R), the new managing director of the Nigerian National Petroleum Corp (NNPC), shakes hands with the former Group Managing Director of NNPC, Dr. Joseph Thlama Dawha during a handover ceremony in Abuja, Nigeria, in this August 5, 2015 handout photograph made available to Reuters August 6, 2015.

Nigeria's new oil chief Emmanuel Ibe Kachikwu announces restructuring & audit

The new head of the Nigerian National Petroleum Corp said on Thursday that he had started a three-pronged restructuring of the state-owned company that should lead to “a new NNPC”.

Emmanuel Ibe Kachikwu, incoming Group Managing Director of NNPC

Nigeria appoints former ExxonMobil Vice Chairman Emmanuel Ibe Kachikwu as Group Managing Director of state oil firm NNPC

Nigerian President Muhammadu Buhari has appointed Dr. Emmanuel Ibe Kachikwu as the Group Managing Director of the state oil firm, the Nigerian National Petroleum Corporation (NNPC).

John Magufuli, Tanzania's Minister of Public Works Minister and presidential candidate. Photographer: Khalfan Said/AP Photo

Tanzania's ruling party picks Minister of Public Works John Magufuli to run for President

Tanzania’s ruling party Chama Cha Mapinduzi nominated Works Minister John Magufuli to run for president on its ticket in general elections planned for Oct. 25.

Aliko Dangote, billionaire and chief executive officer of Dangote Group, pauses during a session at the World Economic Forum in Davos, Switzerland, on Jan. 22, 2015. Photographer: Jason Alden/Bloombergp

Africa's richest man Aliko Dangote courts Blackstone to boost Nigerian gas

Aliko Dangote, Africa’s richest man, plans to quadruple the supply of gas to Nigeria by building pipelines that may be backed by Carlyle Group LP and Blackstone Group LP, the world’s two biggest private-equity firms.

Nigeria’s President-elect Muhammadu Buhari

Buhari will release full audit on Nigerian National Petroleum Corporation (NNPC)

Nigerian President-elect Muhammadu Buhari’s administration will publish the full audit of the state oil company and expects it will need to repay the government more than previously recommended, his party’s policy director said.

Alan Linn, CEO, Afren

Nigeria-focused oil producer Afren appoints industry veteran Alan Linn as CEO

Afren, the financially distressed oil and gas explorer, on Tuesday appointed industry veteran Alan Linn as its next chief executive amid talks to conclude a recapitalisation plan for the London-listed company.

Daniel Kablan Duncan, Prime Minister of Ivory Coast

Ivory Coast eyes double-digit GDP growth until 2020, says Prime Minister Daniel Kablan Duncan

Ivory Coast is hoping to achieve double-digit economic growth this year and every year until 2020, Prime Minister Daniel Kablan Duncan said on Tuesday.

Mo Abudu, Founder & CEO, EbonyLife TV

Africa's most successful women: Mo Abudu, Founder & CEO, EbonyLife TV

Mo Abudu, a 50 year-old Nigerian media entrepreneur and talk show host, is the founder of Ebony Life TV, a fast-growing black African multi-broadcast entertainment network, which showcases informative and entertaining programmes that portray Africa at its best.

Steel Manufacturing

Nigerian Law May Usher in Billion-Dollar Steel-Pipe Business

Steel-pipe manufacturing in Nigeria is set to expand on the back of a law that reserves supplies to the energy industry for local companies, the implementing agency said.

Mo Abudu, Founder & CEO, EbonyLife TV

Mo Abudu: How "Africa's Oprah" conquered a continent (Video)

Her name is Mosunmola Abudu, and in the last eight years she’s done it — and then some.