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The Alternative Bank drives skills-based autism care, funding and education reform

Frank Okon Stakeholders at a policy dialogue convened by The Alternative Bank have called for a major shift in Nigeria’s approach to autism care, urging a move away from an exclusive focus on traditional academic learning toward vocational training, talent…

Seplat $840.7m Q1 revenue, strong dividend and sturdy cash flow

Ziggy Ojiegbe Seplat Energy has reported a solid financial and operational performance for the first quarter of 2026, posting higher revenue, profit growth and a significant increase in shareholder returns, despite operational challenges during the period. The dual-listed energy firm,…

Business Civil Society Economy Energy Labour

Labour, CSOs push for urgent oil sector overhaul as energy cost bites deep

Ziggy Ojiegbe Civil society organisations and labour unions have urged the Federal Government to urgently restructure Nigeria’s downstream oil sector, warning that rising energy costs are worsening hardship and undermining economic productivity. The call was made at the end of…

Business Commerce and Industry Diplomacy Economy

Hormuz stalemate: UN warns trade disruption comes with global recession risk

Ziggy Ojiegbe The United Nations has called for urgent action to resolve the escalating crisis in the Strait of Hormuz, warning that continued disruption to one of the world’s most critical shipping routes is already placing severe strain on the…

Business Diplomacy Economy Money Market

UK-Nigeria creative fund targets local production gaps in $3bn industry

Frank Okon The United Kingdom has launched a new Creative Fund aimed at strengthening Nigeria’s film, fashion and music industries by closing long-standing technical gaps that have limited local production capacity and forced parts of the sector to rely on…

Pan-Atlantic University partners in EU-funded SYNAPSE programme for youth skills development

Frank Okon A new wave of international partnerships is placing Nigerian youth and creatives at the center of global innovation, with the launch of two major initiatives aimed at building skills, expanding opportunity and strengthening cross-border collaboration. The SYNAPSE Virtual…

Business Diplomacy Economy Energy

OPEC losing grip on oil market as members exit and rivals rise

Ziggy Ojiegbe The steady thinning of membership within the Organization of the Petroleum Exporting Countries is raising a harder question for global energy markets: how much longer can a smaller, less cohesive bloc act as an effective regulator of oil…

Business Commerce and Industry Economy Electric power Energy Money Market

Nigeria firms get $83m IFC-Norfund funding for off-grid power development

500,000 households to be connected, 2.9m people to be served Ziggy Ojiegbe A new financing push led by the International Finance Corporation and Norway’s Norfund is set to expand electricity access to millions of Nigerians living beyond the reach of…

Former Dangote employee to regulate midstream, downstream petroleum operations

Ziggy Ojiegbe President Bola Ahmed Tinubu on Wednesday sacked the newly appointed Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Mr Saidu Mohammed; replacing him with a former employee of Dangote Group, Mr Rabiu Abdullahi Umar….

UAE walks away from OPEC+ amid supply turmoil, price surge

Ziggy Ojiegbe The United Arab Emirates will leave the Organization of the Petroleum Exporting Countries and its allied group OPEC+ effective May 1, marking one of the most consequential breaks in the alliance’s recent history and raising fresh questions about…