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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,…
PETAN demands role in regulating project economics
Insists Nigeria’s petroleum industry services are cheapest in Africa Sopuruchi Onwuka The President of the Petroleum Technology Association of Nigeria, Engr. Wole Ogunsanya, says service costs in Nigeria’s oil and gas industry remain the lowest in Africa. But he stressed…
Nigerian Content: Marconi pledges cost efficiency, schedule compliance
Sopuruchi Onwuka With the Federal Government pushing to attract new oil and gas investments and cut production costs, Marconi.NG EPC Limited has restated its commitment to delivering projects quickly and at competitive rates. The pledge came on Wednesday during a…
AGM: WIEN demands resource governance model for solid minerals, agriculture
Sopuruchi Onwuka Leading female professional and business group in the energy sector, the Women in Energy Network (WIEN), has called on the government to urgently evolve a structured governance system for agriculture and solid mineral sectors. President of WIEN, Mrs…
NLNG hosts stakeholders’ retreat for stronger collaboration
Nigeria LNG Limited (NLNG) has renewed its commitment to deepening collaboration across the nation’s energy sector as it hosted the Nigerian Content Development and Monitoring Board (NCDMB) and other industry leaders at the 2025 Nigerian Content Stakeholders’ Retreat in Finima,…
