The Lagos State Government has issued a call for heightened vigilance and the adoption of precautionary measures to prevent the spread of a potential cholera outbreak in the State. This call follows an excess of severe gastroenteritis cases reported in…
Nigeria’s advertising industry valued at ₦605.2 billion- PwC Report
A new report commissioned by the Advertising Regulatory Council of Nigeria (ARCON) and funded by various industry associations has shed light on the advertising sector’s contribution to the nation’s Gross Domestic Product (GDP), its value and multiplier effect. The new…
Tolaram Group takes over Guinness Nigeria – as President Tinubu Commends the company for Reposing Confidence in Nigeria’s Economy
President Bola Ahmed Tinubu has commended the Indonesian business conglomerate, the Tolaram Group, for believing in Nigeria and having absolute faith in her economy. Tolaram, which partnered Nigeria to build the Lekki Free Trade Zone and the country’s first deep…
Licensing Rounds Open New Block Opportunities in Africa Ahead of AEW 2024
Several African countries are launching or concluding oil and gas licensing rounds in 2024 With a strong slate of exploration and production activities and competitive licensing rounds in 2024, Africa is well-positioned to realize its potential as the global…
NNPC denies Alleged N3.3 Trillion Subsidy Inflated Claims
NNPCL refutes allegations of subsidy padding and claims of N3.3 Trillion in some media, stating the company is not under investigation or probe even as it follows global standards on transparency and accountability.
AGIS 2024 set to revolutionize Africa’s gas industry through innovation, collaboration
The inaugural Africa Gas Innovation Summit (AGIS 2024), a ground-breaking event aimed at reshaping the future of Africa’s gas industry, will hold from June 13-14, 2024, at the NAF Conference Centre in Abuja. With the theme “Igniting the Future: Driving…
Afreximbank disburses $40 million to support Fidelity Bank’s acquisition of Union Bank UK
With this acquisition, Fidelity Bank is able to birth a new pan-African financial institution capable of providing correspondent banking and offshore banking services to banks in Africa African Export-Import Bank has announced the disbursement of a US$40-million Intra-African Investment…
Nigeria to Dispose Five Power Plants at $1.15 Billion: Set to Announce Bid Winners
In a bid to improve the electric power sector, Nigeria has now reached the final stage of its plan to sell five key power plants at a cost of $1.15 billion, with the bid winners soon to be announced. The…
Minimum Wage: HEDA Urges FG to Prioritize Nigerian Workers’ Welfare, Slams Governors for Rejecting Proposed Wage
The Human and Environmental Development Agenda (HEDA Resource Centre) has urged the Federal Government to prioritize the welfare of Nigerian workers in the ongoing minimum wage negotiations. The current economic realities make the proposed wage of #62,000 by the federal…
Africa: Kaeso Talks Balancing Operational Excellence with Decarbonization Ahead of African Energy Week (AEW) 2024
Global oil demand is projected to grow 10% by 2028 and 16% by 2045. For African service providers, this presents an opportunity to support operational excellence across oil and gas projects while promoting low-carbon solutions. Africa’s premier event – African…