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African nations adopt Nigeria’s Local Content model for continent’s energy future
Sopuruchi Onwuka African oil-producing countries have agreed to leverage Nigeria’s local content development model as a framework for securing Africa’s energy future, strengthening intra-continental energy access, and driving sustainable economic growth. The decision emerged as the central outcome of the…
NCDMB drives Nigeria’s energy capacity, Africa’s supply chain connectivity
Sopuruchi Onwuka The Nigerian Content Development and Monitoring Board (NCDMB) has emerged as a central force in building Nigeria’s energy industry capacity while expanding Africa’s oil and gas supply chain connectivity, industry leaders heard at the Nigerian International Energy Summit….
NNPC secures operating partner for refinery IJV
Nigeria underway to become Africa’s refining hub Private investors building refinery capacity to 3.0 mbd Sopuruchi Onwuka Nigeria is underway to realizing the dream of becoming Africa’s refining hub after the national oil company finally secured partnership with a Chinese…
FG projects gas as immediate pathway to Industrialization
Sopuruchi Onwuka The Federal Government has said the ongoing Decade of Gas program holds strong potential to transform Nigeria’s economy into a major industrial hub driven by local capacity, fuel diversification, and modern production technology. The Minister of State for…
UN urges defunding of high-polluting industries as finance gap on nature widens
Frank Okon The United Nations is calling for sweeping financial reform to curb global warming, warning that current investment patterns overwhelmingly favour environmentally destructive industries while starving nature-based solutions of funding. The appeal follows the release of the State of…
AFCON Semi-final: BUA chief bets N2.2bn on Eagles to beat Morocco
Frank Okon The Super Eagles of Nigeria has received significant morale boost for the upcoming semi-final match as billionaire businessman, Abdul Samad Rabiu, hauls in N2.205 billion cash rewards to ginger the Nigerian side beat the Moroccan opponents in the…
UN says global economic growth indicates resilient but subdued
Further slowdown expected in 2026 Sopuruchi Onwuka Global economic growth has shown resilience over the past year despite trade tensions and geopolitical uncertainty, but remains subdued and well below pre-pandemic levels, according to a major United Nations report released on…
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…
EU’s stand-down on combustion engine ban signals boost for oil market
Sopuruchi Onwuka The European Union’s decision to soften its planned 2035 ban on new combustion-engine vehicles is being read by energy markets as a clear positive for oil producers, signaling a slower and less absolute transition away from fossil fuels…
WAPCo positions for Nigeria’s greater export agenda, regional demand boom
By Sopuruchi Onwuka The West African Gas Pipeline Company Limited (WAPCo) has declared its readiness to play a leading role in advancing the economic and industrial aspirations of West African countries, citing the resilience of its assets, strong operational performance,…
