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Africa’s $4 trn domestic capital still unlinked to development financing

Institutional funds can unlock development projects __AFC Africa’s domestic capital base has grown to a level that now surpasses external financing flows over the past decade, but much of this wealth remains locked in institutional funds and is yet to…

King Charles touches ground in US, resets diplomacy with Trump admin

Ziggy Ojiegbe King Charles III of England, arrived Washinton on Tuesday with Queen Camilla on a state visit, playing up the unique relationship between the United States and the United Kingdom which remains on display all week as America celebrates…

Business Energy

Nigerian firm stakes $225 m in Sierra Leone’s offshore exploration blocks

Ziggy Ojiegbe Nigerian independent explorer, Marginal Energy Limited, has committed to more than $225 million offshore oil and gas exploration deal in Sierra Leone, marking a significant step in the country’s push to revive investor interest in its underdeveloped upstream…

Nigerdock celebrates 40 years operational excellence

Nigerdock has marked its 40th anniversary, highlighting four decades of operations in Nigeria’s maritime and industrial sectors and underscoring its role in supporting trade, infrastructure and workforce development. Speaking on the milestone, Chief Executive Officer Maher Jarmakani said the company’s…

Seplat sweeps awards as stock shares hit N10,000 benchmark

Bode Adeeyo Shares of Seplat Energy Plc climbed above the ₦10,000 mark for the first time, as the indigenous oil and gas producer capped a strong run with multiple industry and market awards that signal rising investor confidence in its…

Business Energy Health/Living

World Malaria Day: Chevron Reinforces Commitment to Malaria Eradication Across Africa

[From Chevron Nigeria Limited] “We have the knowledge, lifesaving tools and proven strategies to end malaria. But progress has stalled, and decades of hard-won gains are in jeopardy. Malaria continues to claim a life every minute, with most deaths occurring…

Business Electric power Energy Environment

Global solar power generation jumps 636TWh to record 2,778 TWh in 2025

Frank Okon Global solar power generation surged to an unprecedented level in 2025, rising by 636 terawatt-hours (TWh)—a 33% increase over 2024—to reach a record 2,778 TWh, according to the Ember Global Electricity Review 2026. The increase marks the largest…

UK delegation concludes education, skills trade mission to Nigeria

Frank Okon A high-level UK delegation has concluded a week-long skills and schools trade mission to Nigeria, marking a significant step forward in education and skills cooperation between both countries. The mission, held from April 19 to 23, 2026, across…

Nigeria pushes indigenous oil firms to build skills, raise operating standards

Nigeria’s upstream oil sector is entering a new phase, and regulators are pushing independent producers to step up quickly to fill the space left by departing international oil companies. At the centre of that message is the Nigerian Upstream Petroleum…

NLNG, Rivers Police deepen security collaboration ahead of Bonny–Bodo Road opening

The Managing Director and Chief Executive Officer of Nigeria LNG Limited, Adeleye Falade, has called for deeper security collaboration with the Nigerian Police Force, particularly the Rivers State Command, as operations expand and critical infrastructure projects near completion in the…