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Dangote courts global lenders to boost infrastructure investment
Sopuruchi Onwuka President and Chief Executive of the Dangote Group, Aliko Dangote, has stepped up engagement with global financial institutions, seeking to attract investment into Nigeria’s infrastructure and industrial sectors. Speaking at the launch of the World Bank’s “Water Forward”…
UN warns Hormuz disruption could trigger global food crisis
Ziggy Ojiegbe The United Nations has warned that ongoing disruptions in the Strait of Hormuz could trigger a global food crisis, as constrained flows of fuel and fertilizers threaten agricultural production and raise the risk of higher food prices worldwide….
U.S. Naval Forces seize Strait of Hormuz as Europe scrambles support
Ziggy Ojiegbe U.S. naval forces have effectively assumed control of the Strait of Hormuz following the collapse of nuclear negotiations with Iran, in a move that is rapidly reshaping security dynamics across one of the world’s most critical energy corridors….
Oil chiefs demand Trump to reject Iran’s toll on Hormuz
Ziggy Ojiegbe Senior oil industry executives have reportedly urged the administration of Donald Trump to oppose Iran’s proposal to impose tolls on vessels passing through the Strait of Hormuz, a critical global energy corridor. According to U.S. media reports, executives…
Seplat JV advocates sustainability with more STEAM laboratories in Edo schools
The NNPC Exploration and Production Limited (NEPL)/Seplat Energy Joint Venture has commissioned two Science, Technology, Engineering, Arts and Mathematics (STEAM) laboratories built at the Ogbe and Uselu Secondary Schools in Oredo and Ikpoba Okha Local Government Areas of Edo State…
NCDMB to share Tony Attah’s insights on funding local content initiatives
Sopuruchi Onwuka The Nigerian Content Development and Monitoring Board (NCDMB) has announced that Engr. Tony Attah, Managing Director of Renaissance Africa Energy Company Limited, will be the guest speaker at the next edition of the Nigerian Content Academy Lecture Series….
UN exploring scalable solutions Africa’s food, energy security challenges
NNPC supporting refineries meet Africa’s fuel demand Sopuruchi Onwuka The Deputy Secretary-General of the United Nations, Amina Mohammed, has declared intention of the global body to prioritize scalable solutions for mitigating Africa’s food crisis. Ms Mohammed who led a delegation…
UAE hits back at Iran with targeted economic measures
Ziggy Ojiegbe The United Arab Emirates has launched a quiet but decisive economic response to repeated Iranian attacks on its industrial infrastructure, banning most Iranians from entering the country or transiting its airports while cracking down on networks linked to…
OPEC+ considers output boost as Hormuz impasse traps market supply
Sopuruchi Onwuka, with agency reports Organization of Petroleum Exporting Countries and its non-member allies (OPEC+) are expected to weigh another modest increase in oil production this weekend, even as the ongoing U.S.-Israeli war with Iran keeps the Strait of Hormuz…
UN urges accelerated energy transition amid Strait of Hormuz crisis
The ongoing crisis in the Middle East is intensifying calls from the United Nations for a faster global shift to renewable energy, as disruptions to fossil fuel supplies expose the vulnerability of nations reliant on oil and gas from conflict-prone…
