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WIEN congratulates Mshelbila, Ekpo on GECF elections
Africa’s leading advocate for gender inclusion and capacity development in the energy sector, Women in Energy Network (WIEN), congratulates the Managing Director of Nigeria LNG Limited (NLNG), Dr. Philip Mshelbila, on his election as Secretary-General of the Gas Exporting Countries…
OTL: Oyebanji calls for energy policies that guarantee economic stability
Sopuruchi Onwuka The Chairman of the OTL Africa Downstream Advisory Board, Otunba Adetunji Oyebanji, has called on government to design an energy security programme that transcends fuel availability to economic stability. He called for building a balanced system where local…
Japa: Nigeria leads Africa’s $500bn remittance market by 2035
Sopuruchi Onwuka Nigeria stands to gain significantly as the continent’s remittance market is projected to reach $500 billion by 2035, driven by rapid fintech innovation and expanding digital payment systems. Oracle Intelligence reports that Nigeria is one of Africa’s top…
COP30 to shift debate from energy transition to energy mix _Lokpobiri
Africa’s $120b worth of oil reserves threatened by climate action Says climate action has hit economic crisis Sopuruchi Onwuka African delegates to the 30th Conference of Parties (COP) of the United Nations Framework Convention on Climate Change (UNFCCC) will not…
OTL 2025: Players demand stable policies for resilient energy investments
Sopuruchi Onwuka Energy industry stakeholders in Africa have called on governments in the continent to realize the lingering goals of providing economies with sustainable, inclusive, and limitless energy supply in the face of a fast-changing global energy landscape. Policy makers,…
New liquefaction projects cast global LNG oversupply shadow
Sopuruchi Onwuka The race by producers to meet rising demand for natural gas as the world prioritizes cleaner energy options is now raising concerns among investors who begin to spy imminent gloom for investors in high-cost unconventional terrains. According to…
AFC enters Canadian market for $100m facility from Findev
The Africa Finance Corporation (AFC) has secured a $100 million, 10-year loan facility from FinDev Canada; marking its first-ever transaction in the Canadian market and FinDev Canada’s inaugural infrastructure financing in Sub-Saharan Africa. The landmark agreement, according to a statement…
Moniepoint raises $90m, targets UK-Nigeria remittance market
Nigerian fintech firm Moniepoint has raised $90 million in new funding as it expands into the UK remittance market, completing a $200 million Series C round that values the company at about $1 billion. The new capital will help the…
Competition closed: Dangote to expand refinery capacity to 1.4 mbd
Targets $55bn annual revenue Sopuruchi Onwuka President of Dangote Industries Limited, Alhaji Aliko Dangote, has announced plans to expand the Dangote Petroleum Refinery from its current capacity of 650,000 barrels per day (bpd) to 1.4 million bpd. He said the…
FIDs Surge: NCDMB to empower 10,000 Nigerians with high-demand skills
Sopuruchi Onwuka The Nigerian Content Development and Monitoring Board (NCDMB) has launched a major Human Capital Development (HCD) initiative that will train more than 10,000 young Nigerians in the top 10 high-demand technical skills required in the country’s oil and…
