Skip to content
Nigeria unveils UNDP-backed mine-tech innovation hub to drive industrial growth
Nigeria has launched the Mine-Tech University Innovation Pod geared towards repositioning tertiary institutions to become drivers of industrial growth br transiting from raw minerals export to a mining economy. Also known as the Mine-Tech UniPod, the initiative located at…
West African Development Bank gets own office
West African Development Bank (BOAD) has inaugurated the new premises of its resident mission in Dakar, Senegal, marking another step in strengthening its integration within the Senegalese economy and the UEMOA region. BOAD was previously located at the premises…
Cruise ship Hantavirus outbreak not “Another COVID Pandemic,” WHO Says
Victor Nze The World Health Organization has moved to calm fears over a deadly hantavirus outbreak aboard a cruise ship in the Atlantic Ocean, insisting the situation does not resemble the early stages of the COVID-19 pandemic and currently poses…
OTC 2026 draws 25,000 as offshore energy industry charts innovation
The 2026 Offshore Technology Conference (OTC) concluded in Houston after four days of high-level discussions, technical exchange, and international engagement that brought together nearly 25,000 participants from more than 100 countries. Held under the theme Steering Offshore Energy Innovation into…
NCDMB to showcase Nigeria’s capacity-building drive at AEW 2026
Nigerian Content Development and Monitoring Board (NCDMB) has concluded plans to showcase its capacity-building drive, funding initiatives targeted at boosting indigenous participation and investor confidence at this year’s African Energy Week (AEW) 2026, slated for October, in Cape Town, South…
Botswana, Tanzania, Nigeria initiate retaliatory action against South Africa over worsening xenophobic attacks
Amid ongoing anti-immigration protests and violent xenophobic attacks against African migrants residing in South Africa, the governments of Tanzania, Botswana and Nigeria have initiated process of retaliatory action on South Africa and its businesses located in their countries. It…
Nigeria’s PMI drops in April
Nigeria’s economic activities shrunk to 49.4 points from its previous 50-point threshold, according to the Central Bank of Nigeria (CBN). The CBN which disclosed this in its newly-released Purchasing Managers’ Index (PMI) report for April 2026, noted that the…
Petrol prices rise by 22.55% — NBS
National Bureau of Statistics (NBS) has disclosed in its Price Watch report for March 2026, that the average retail price of premium motor spirit (PMS) also known as petrol rose to N1,288.54, representing a 2.13 per cent year-on-year increase…
Senate confirms Umar as NMDPRA, as new boss assures on national energy security
Senate has confirmed Rabiu Umar as the new Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA). Umar was screened by the senate, last Tuesday, May 5 following his nomination for the post by President Bola Tinubu,…
Shell plc posts $6.9 bn Q1 profit, expands upstream growth with ARC deal
Ziggy Ojiegbe Shell plc delivered a strong set of first-quarter results for 2026, pointing at the resilience of its integrated energy portfolio despite what the company described as unprecedented disruption across global commodity markets. The energy giant reported adjusted earnings…
