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FG moves to drive down cement prices, to engage producers from July 1
Minister of Works, Engr. David Umahi has said the Federal Government will begin engagements with cement manufacturers from July 1 to address the rising cost of cement in the country. Umahi revealed this at the unveiling of Lafarge’s new corporate…
Elohor Aiboni appointed first Nigerian EVP, Chairman of Shell Companies in Nigeria
One of Nigeria’s most accomplished petroleum industry professionals, Mrs. Elohor Aiboni, has been appointed Executive Vice President and Chairman of Shell Companies in Nigeria (SciN), becoming the first Nigerian to occupy the combined leadership position in the energy giant’s operations…
Iran war deescalated but oil market risk remains elevated __Rystad
Global energy consultancy Rystad Energy has described the newly signed Memorandum of Understanding (MOU) between the United States and Iran as a significant de-escalation of tensions rather than a lasting resolution, warning that geopolitical risks in global oil markets remain…
NCDMB’s oil and gas park to become operational Q4 2026
Fred Ojigebe Industrial operations and sundry manufacturing activities will go live in fourth quarter of the year at the Emeyal-1 Oil and Gas Park conceived and developed by the Nigerian Content Development and Monitoring Board (NCDMB). The infrastructure and facility…
Nigeria’s demographics drive surge in digital infrastructure investment
Frank Okon Nigeria’s rapidly growing population and youthful demographics are emerging as major catalysts for investment in digital infrastructure, with industry experts increasingly describing the country’s data centre boom as a demographic story rather than simply a technology trend. As…
EU slams €200m fine on Temu for sale of unsafe, illegal products
European Union (EU), through its Commission, has imposed a €200m fine on Chinese-owned online retail outlet, Temu over illegal products, including; dangerous baby toys and faulty chargers offered for sale on its platform. According to the EU’s European Commission, Temu…
Dangote retains Africa’s Most Admired Indigenous Brand award
Ziggy Ojiegbe Dangote Industries Limited has reinforced its status as one of Africa’s most influential corporate brands after emerging as Africa’s Most Admired African Brand for the eighth consecutive year. The recognition was announced at the 16th edition of the…
Dangote Refinery says it has spurred Nigeria’s economic growth
Ziggy Ojiegbe Enhanced operation of the 650,000 barrels per day Dangote Petroleum Refinery & Petrochemicals is reducing the country’s dependence on imported refined petroleum products, the company declared in a statement, citing a report by the Economist Intelligence Unit (EIU)….
Green energy offers Nigeria inclusive opportunity for power supply boost __Study
Ziggy Ojiegbe Policy leaders in Nigeria and across Africa are facing mounting pressure to accelerate the adoption of decentralized renewable energy systems as worsening electricity shortages continue to weaken economic productivity, deepen poverty and constrain industrial growth. Industry experts and…
NLNG Train 7 deepens Nigeria’s industrial capacity, expands local technical expertise
Ziggy Ojiegbe The ongoing Train 7 expansion project of Nigeria LNG Limited is emerging as one of Nigeria’s most significant industrial capacity-building platforms, helping to deepen local technical expertise, expand domestic manufacturing capability and raise quality standards across the country’s…
