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Flight without fuel: Electric air taxis signal a clean break for aviation
Frank Okon Aviation took a visible step toward a cleaner future this week as Joby Aviation completed the first point-to-point electric air taxi flights in the history of New York City, signaling that urban air mobility is moving from concept…
Magnus Abe promises stronger leadership as NUPRC Board begins work
Frank Okon The newly inaugurated board of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has officially resumed duties, pledging to strengthen the Commission’s capacity to deliver on its mandate. Chairman of the board, Senator Magnus Abe, gave this assurance on…
Waltersmith showcases expanded refinery to NCDMB, NMDPRA
Plans for condensate refinery, industrial park Frank Okon Waltersmith Petroman Oil Limited has expanded the capacity of its modular refinery in Ibigwe, Ohaji-Egbema area of Imo State from 5,000 to 10,000 barrels per day, as officials of the Nigerian Midstream…
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…
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…
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…
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…
