Renaissance wins Energy Deal of the Year at NIES 2026
Renaissance Africa Energy Company on Tuesday night won the Energy Deal of the Year for 2025 at the Awards Night of the 2026 Nigeria International Energy Summit (NIES) in Abuja. The award recognises the company’s $2.4 billion acquisition of Shell’s…
BHC welcomes 99 Nigerian Chevening and Commonwealth scholars home
Sopuruchi Onwuka The British High Commission (BHC) has announced the return of 99 Nigerian graduates of the Chevening and Commonwealth Scholarship programs who recently completed postgraduate studies in the United Kingdom. Of the returning scholars, 30 were Chevening Scholars, while…
GuarantCo backs $75m cashew processing plant in Ogun to boost local value addition
Sopuruchi Onwuka The British High Commission (BHC) has declared that GuarantCo, part of the Private Infrastructure Development Group (PIDG), provided a 100 per cent guarantee to support a $75 million debt facility for Robust International Pte Ltd to construct a…
UN welcomes talks between Iran and the United States
Ziggy Ojiegbe The United Nations has expressed excitement at efforts at averting potential military clashes among Iran, the United States and other countries in the Middle East as tensions build over Iran’s nuclear programs. The development follows weeks of tensions…
Sterling HoldCo sustains profit momentum with 99% pbt growth
Sopuruchi Onwuka Sterling Financial Holdings Company Plc (Sterling HoldCo) has sustained its profit momentum, posting a 99 per cent year-on-year increase in profit before tax (PBT) for the year ended December 31, 2025, driven by strong revenue growth, improved operational…
Ibukun Adewale’s Eleve Essentials launches ‘The Eleven’ initiative to spotlight women leaders
Nigeria-born entrepreneur Ibukun Adewale has launched a year-long initiative through her skincare brand, Eleve Essentials, aimed at celebrating women who balance career, motherhood, and community leadership across continents. The initiative, titled “The Eleven,” will run from February through December and…
NCDMB pledges enduring support for APPO, Africa Energy Bank
The Nigerian Content Development and Monitoring Board (NCDMB) has reaffirmed its strong support to the African Petroleum Producers Organization (APPO) and its newly established financial institution – the Africa Energy Bank (AEB). The Executive Secretary of NCDMB, Engr. Felix Omatsola…
NCDMB webinar creates pathway to $3.4trn African energy market
Sopuruchi Onwuka The Nigerian Content Development and Monitoring Board (NCDMB) has outlined a practical pathway for positioning Nigeria’s energy sector to access the $3.4 trillion African Continental Free Trade Area (AfCFTA) market, following a strategic webinar focused on meeting rules-of-origin…
African nations adopt Nigeria’s Local Content model for continent’s energy future
Sopuruchi Onwuka African oil-producing countries have agreed to leverage Nigeria’s local content development model as a framework for securing Africa’s energy future, strengthening intra-continental energy access, and driving sustainable economic growth. The decision emerged as the central outcome of the…
NCDMB drives Nigeria’s energy capacity, Africa’s supply chain connectivity
Sopuruchi Onwuka The Nigerian Content Development and Monitoring Board (NCDMB) has emerged as a central force in building Nigeria’s energy industry capacity while expanding Africa’s oil and gas supply chain connectivity, industry leaders heard at the Nigerian International Energy Summit….
