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Deepwater capacity: Is Chappal another rent seeker?
Sopuruchi Onwuka The ongoing business divestment programme that has beset the Nigerian upstream petroleum industry is throwing up a number of concerns over actualization of the prime national economic aspirations through deliberate positioning of capable Nigerian companies for eventual crew…
UNCTAD wants poorest countries exempted from US reciprocal tariffs
The UN Trade and Development agency (UNCTAD) has urged the US to exempt the world’s poorest and smallest nations from reciprocal tariffs, warning that they could devastate vulnerable economies while only generating minimal revenue for Washington. US President Donald Trump’s…
NGA to spotlight Decade of Gas” initiative at WGC 2025
Sopuruchi Owuka Nigeria’s apex gas industry investment group, the Nigerian Gas Association (NGA), is working to showcase Nigeria’s gas sector progress, highlight investment-ready opportunities, and promote strategic interests at the 29th World Gas Conference scheduled for Beijing, China. in May….
How trump’s trade wars impact Nigeria’s fiscal stability
Sopuruchi Onwuka The prevailing reciprocal tariffs imposed on global imports into the United States of America and the consequent trade wars among global economic powerhouses leave realization of Nigeria’s fiscal projections for 2025 in great uncertainty. Government’s budget for the…
Trump shields Big Tech from tariff war with exemptions
President Donald Trump’s administration exempted smartphones, computers and other electronics from its so-called reciprocal tariffs, representing a major reprieve for global technology manufacturers including Apple Inc. and Nvidia Corp. even if it proves a temporary one. The exclusions, published late…
Markets respond to Trump’s tariffs pauses on countries, hike on China
Sopuruchi Onwuka Global markets surged Tuesday after former President Donald Trump announced a surprise 90-day pause on new tariffs for more than 75 countries currently negotiating trade terms with the U.S. In a post on Truth Social, Trump said: “I…
Ojulari gets senior management team
Sopuruchi Onwuka Within 72 hours after his appointment as the Group Chief Executive Officer of the Nigerian National Petroleum Company (NNPC) Limited, Mr Bayo Ojulari welcomes a senior management team on Friday. The appointments which took immediate effect would enable…
WIEN lauds Tinubu on new NNPC board, demands gender balance
Sopuruchi Onwuka Foremost gender equity advocate in Nigeria, the Women In Energy Network (WIEN), has commended President Bola Tinubu on the constitution of new board for the Nigerian National Petroleum Company (NNPC) Limited; saying the changes in the board of…
Obiang Gabriel Lima in front line for APPO Sec Gen
Sopuruchi Onwuka Equatorial Guinea’s political elite may be on the verge of expanding its influence in Africa’s petroleum sector, as Obiang Gabriel Lima emerges as a frontrunner for the position of Secretary-General of the African Petroleum Producers Organization (APPO). Lima…
African Women are pivotal to global energy transformation
Sopuruchi Onwuka The role and contribution of women are critical to the pivotal position of Africa in shaping the emerging global energy transition, and the emerging situation requires that women with immensely industry capabilities are recognized and built into leadership…
