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Sopuruchi Onwuka

AltBank takes non-interest banking solutions to Delta State

Sopuruchi Onwuka The Alternative Bank (AltBank), Nigeria’s non-interest bank, has opened its flagship branch in Effurun, Delta State in a plan to reshape how people across the Edo and Delta region experience banking. The bank stated in a media release…

UK, Nigeria launch joint reforms for economic stability and growth

Sopuruchi Onwuka The British High Commission in Abuja has launched two major economic reform programs, the Nigeria Economic Stability and Transformation program and the Nigeria Public Finance Facility to propel stable growth in the country. The initiatives, according to the…

NCDMB launches $100m equity funds, weeds out dubious players

* Begins activation of industrial parks * Nigerian Content level hits 61% Sopuruchi Onwuka The Nigerian Content Development and Monitoring Board (NCDMB) has declared increased linkage between the huge budget upstream petroleum industry and the domestic economy, saying over 61…

NCF debts: NCDMB, NASS chase Sahara Energy, others

Sopuruchi Onwuka More trouble is underway for indigenous Sahara Group as both the National Assembly and petroleum industry value regulator, the Nigerian Content Development and Monitoring Board (NCDMB) vowed on Tuesday to deal decisively with upstream petroleum players evading mandatory…

Dangote Refinery mobilizes market for 1.5 bn-litre monthly fuel supply

Dangote Petroleum Refinery says it will supply one billion five hundred million litres of Premium Motor Spirit each month in December 2025 and January 2026 to ensure steady nationwide fuel availability through the festive season and into the New Year….

Abuja Continental unveils early bird Christmas Magic with luxury stays

Abuja Continental Hotel has launched its Early Bird Christmas campaign, offering guests a mix of luxury accommodation, festive dining, and family-friendly activities designed to elevate holiday celebrations in the capital. Positioned as one of Abuja’s leading destinations for both leisure…

PNC: NCDMB summons industry to Local Capacity and Energy Transition debate

Sopuruchi Onwuka The 2025 Practical Nigerian Content Forum will today launch off with a welcome reception that brings government officials, industry leaders, and energy stakeholders to Yenagoa for four days of discussions on the future of Nigeria’s oil and gas…

OPEC+ to maintain current oil supply volumes into Q1, 2026

OPEC and its non-member partners agreed over the weekend to maintain current oil supply volumes through the first quarter of 2026, confirming a pause on production hikes as the global market moves toward a major surplus. The group signaled that…

Jihadists free final batch of abducted Borno girls

The last group of young women and girls abducted in Nigeria’s northeastern Borno state on November 22 were released late Saturday. Borno has long been the center of the jihadist conflict that began 16 years ago, and the latest kidnappings…

Dangote deploys SAIPEM, others in fertilizer plant expansion

Dangote Group is announcing a set of new technical partnerships that support the next phase of its fertilizer expansion in Nigeria and the development of new plants in Ethiopia. These agreements move the Group closer to its long term goal…