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Jake Riley Academy hosts government-supported skills training program
Jake Riley Limited, a capacity-building and training organization in Nigeria’s oil and gas sector, is hosting a Self-Reliance Fast Skills Training Program at the Jake Riley Academy in Lagos with support from the Nigerian Content Development and Monitoring Board (NCDMB)….
New collaboration with Elon Musk aims to make Israel global AI leader
Global technology entrepreneur Elon Musk is working toward a collaboration agreement with the State of Israel to advance artificial intelligence (AI) and autonomous vehicle technology, a move expected to strengthen Israel’s position as a global leader in the sector. According…
NCDMB flaunts funding, mentorship in 2025/2026 innovation challenge
Sopuruchi Onwuka The Nigerian Content Development and Monitoring Board (NCDMB) has reaffirmed its commitment to supporting innovation in the oil and gas sector through funding, mentorship, and business development opportunities for participants in its 2025/2026 Research, Innovation and Technology Challenge….
The IPPG blueprint behind petroleum reforms, NNPC’s shift from JV positions
Seplat, Oando may welcome new partners Sopuruchi Onwuka The ongoing plans by the Nigeria’s national oil company, NNPC Limited, to divest significant equity in several oil blocks in early 2026 as part of an overall strategy proposition developed by leading…
Eyesan pledges transparency, efficiency at NUPRC
Sopuruchi Onwuka The new Commission Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Mrs. Oritsemeyiwa Eyesan, has pledged to entrench digitization, transparency, and operational efficiency as the cornerstone of her leadership. Mrs. Eyesan who held her first town…
Another year closes with fuel price drop
* Dangote’s price cuts face implementation challenges Sopuruchi Onwuka The domestic fuel market is set to end 2026 with slight fall in the prices of transportation fuels, especially the premium motor spirit popularly called petrol which fires cars and light…
Heirs Energies to drive long-term growth with $750m
Sopuruchi Onwuka Heirs Energies Limited has secured a $750 million financing from the African Export–Import Bank (Afreximbank), marking one of the largest funding transactions ever obtained by an indigenous African energy company. According to Heirs Energies, the Afreximbank facility will…
$60 oil pose early test for Nigeria’s 2026 Budget
Sopuruchi Onwuka Global petroleum prices over the weekend offered little comfort that the oil price benchmark underpinning Nigeria’s 2026 budget will hold, raising fears of a repeat of the 2025 shortfall triggered by an unusually bearish market. Although fiscal planners…
Shell celebrates retirees at 4th annual golf tournament in Lagos
Shell Nigeria celebrated its retired employees at the fourth edition of its annual golf tournament, held in their honour by Shell Exploration and Production Company Limited (SNEPCo) at the Lakowe Golf Course in Lekki, Lagos. A total of 47 retirees…
Tinubu’s ₦58.18 trn budget targets growth, fiscal discipline after 2025 execution shortfalls
Wider fiscal deficits threaten heavier debt burden Sopuruchi Onwuka President Bola Tinubu on Tuesday presented the 2026 Appropriation Bill to a joint session of the National Assembly, outlining plans to consolidate economic reforms, accelerate growth, and strengthen fiscal discipline, while…
