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NLNG awards ₦250m to 51 entrepreneurs at 2026 VIBES Pitch-a-Thon
Ziggy Ojiegbe Nigeria Liquefied Natural Gas Limited has awarded ₦250 million in grants to 51 entrepreneurs following the conclusion of its 2026 Vocational Innovation and Business Empowerment Scheme (VIBES). The beneficiaries emerged from a pool of 103 participants drawn from…
Africa caught in debt squeeze as global crises push borrowing costs to record heights
Frank Okon African nations are among the hardest hit by high borrowing costs imposed by a series of global crises, including widespread pandemics, armed conflicts, and economic shocks. The COVID-19 pandemic, the Russia–Ukraine war, and rising instability in the Middle…
Middle East war portends $58 bn repairs cost on energy sector – Rystad
Frank Okon The ongoing conflict involving Iran and regional tensions has pushed potential repair costs for damaged energy infrastructure to as much as $58 billion, according to new analysis by Rystad Energy. The estimate marks a sharp increase from an…
OPEC scores Nigeria’s March oil production below quota as NUPRC remains upbeat
Sopuruchi Onwuka Organization of the Petroleum Exporting Countries (OPEC) has declared that Nigeria produced 1.38 million barrels per day (mbd) of oil in March, below allocated production quota. However, the country’s upstream industry regulator, the Nigerian Upstream Petroleum Regulatory Commission…
AOW:Energy 2026: NCDMB partnership to boost African energy development
Sopuruchi Onwuka Participation of the Nigerian Content Development and Monitoring Board (NCDMB) in the upcoming AOW:Energy 2026 will advance key priorities shaping the continent’s energy future, the organizers have declared. According to a media available to Oracle Intelligence, the participation…
New medicine offers hope in fight against pancreatic cancer
Ziggy Ojiegbe Scientists in the United States have developed a promising new drug that could significantly improve survival rates for patients with pancreatic cancer, one of the deadliest forms of the disease. Researchers at Northwestern University tested the experimental drug,…
France plans travel ban on Kanye West over Anti-Semitism
Frank Okon French authorities are exploring a potential ban on Kanye West performing in Marseille, as opposition grows over the rapper’s history of antisemitic remarks. West, now known as Ye, is scheduled to perform at the Stade Vélodrome on June…
Spain to legalize residency of up to 500,000 immigrants
Ziggy Ojiegbe Spain is moving to grant legal residency to hundreds of thousands of undocumented migrants, including many Nigerians and other African nationals, in a sweeping policy shift aimed at recognizing their role in the country’s economy. The measure, finalized…
Nigeria–Morocco $25bn gas pipeline set for multilateral backing
WAPCO declares infrastructure readiness for extension A major trans-African energy project, the Nigeria–Morocco gas pipeline, is moving closer to reality as plans advance to secure multilateral endorsement and finalize a key intergovernmental agreement this year. The project known as the…
Malaysia, Australia strike energy deal to offset Iran war disruptions
Frank Okon Malaysia and Australia have agreed to strengthen energy supply cooperation as disruptions linked to the Iran conflict continue to strain global fuel markets. The agreement comes as tensions around the Strait of Hormuz — a key shipping route…
