Oracle Intelligence

Online newspaper platform

Economy

Business Economy

Impactful yet invisible: How data-driven systems underplay Africa’s informal economy

Ziggy Ojiegbe More than 80 percent of employment in Nigeria and several fast-growing African economies is informal. Around 90 percent of consumer spending is conducted in cash. Nearly 60 percent of enterprises are owned by women. Yet an estimated 83…

Book Reading Series: NCDMB restates commitment to intellectual convergence

Ziggy Ojiegbe The Nigerian Content Development and Monitoring Board (NCDMB) has restated its resolve to provide veritable platform for intellectual convergence in the petroleum and linkage industries in Nigeria. Executive Secretary, Engr Omatsola Ogbe, declared at the weekend that raising…

NCDMB commends Shell, NNPC on UNILAG Geosciences Centre of Excellence

Sopuruchi Onwuka The Nigerian Content Development and Monitoring Board (NCDMB) has expressed excitement at the state-of-the-art Geosciences Centre of Excellence at the University of Lagos, declaring it as an enduring value that transcends mere infrastructural development. In a sector where…

Commerce and Industry Economy Energy

NLNG awards ₦250m to 51 entrepreneurs at 2026 VIBES Pitch-a-Thon

Ziggy Ojiegbe Nigeria Liquefied Natural Gas Limited has awarded ₦250 million in grants to 51 entrepreneurs following the conclusion of its 2026 Vocational Innovation and Business Empowerment Scheme (VIBES). The beneficiaries emerged from a pool of 103 participants drawn from…

Africa caught in debt squeeze as global crises push borrowing costs to record heights

Frank Okon African nations are among the hardest hit by high borrowing costs imposed by a series of global crises, including widespread pandemics, armed conflicts, and economic shocks. The COVID-19 pandemic, the Russia–Ukraine war, and rising instability in the Middle…

Brand and Promotion Business Commerce and Industry Diplomacy Economy Energy

AOW:Energy 2026: NCDMB partnership to boost African energy development

Sopuruchi Onwuka Participation of the Nigerian Content Development and Monitoring Board (NCDMB) in the upcoming AOW:Energy 2026 will advance key priorities shaping the continent’s energy future, the organizers have declared. According to a media available to Oracle Intelligence, the participation…

Nigeria–Morocco $25bn gas pipeline set for multilateral backing

WAPCO declares infrastructure readiness for extension  A major trans-African energy project, the Nigeria–Morocco gas pipeline, is moving closer to reality as plans advance to secure multilateral endorsement and finalize a key intergovernmental agreement this year. The project known as the…

NCDMB, Seplat move to launch gas Centre of Excellence at DELSU

Sopuruchi Onwuka The Nigerian Content Development and Monitoring Board (NCDMB) and Seplat Energy Plc have advanced plans for the take-off of a Centre of Excellence in Gas Development at Delta State University (DELSU), following a high-level engagement with the university’s…

Dangote Refinery reaches 87% installed capacity in March

As debate rages over fuel pricing in Nigeria Sopuruchi Onwuka Nigeria’s largest refining facility, the Dangote Petroleum Refinery, reached 87 percent capacity utilization in March, marking its highest operational level since commencing production and signaling a major shift in efficiency…

Business Economy Energy

Nigeria’s 2025/26 licensing round unfolds Africa’s global energy role

Sopuruchi Onwuka Nigeria’s planned 2025/26 licensing round is shaping up to be one of the most closely watched upstream opportunities in recent years, both for the scale of assets expected and for what it signals about Africa’s evolving role in…