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Africa posts rising FDIs, suffers low finance access

Sopuruchi Onwuka Latest global trade reports show the incongruity of Africa’s rising foreign direct investments and low access to development finance; highlighting the predicament of world’s least developed countries, especially West Africa, where nations remain consistently remain in search of…

Executive Orders aim to enhance oil industry efficiency _Avuru

Sopuruchi Onwuka The recent executive orders churned out by the federal government are meant to steer the Nigerian upstream petroleum industry into clear pathway towards delivering government’s prime economic aspirations for the energy sector. Chairman of AA Holdings, Mr Austin…

Nigeria’s Aka Nwokedi appointed IGU’s Coordinator

Sopuruchi Onwuka , President of the Nigerian Gas Association (NGA), Mr Aka Nwokedi, has been appointed the African Regional Coordinator of the International Gas Union (IGU), making him one of the few Africans that have taken strategic roles in the…

Africa Energy Bank: Will Nigeria miss another great opportunity?

Sopuruchi Onwuka The delay in the full funding and activation of the highly anticipated African Energy Bank (AEB) clearly falls into pattern with the inability of African countries to muster critical collaborative thrust in pushing collective agenda; it reinvents the…

Clean energy forms 67% of global $3.3 trn energy investments

Sopuruchi Onwuka Despite the deceleration of demand migration from fossil fuels amid supply uncertainties from new energy sources, investors have continued to express strong confidence in the future of green energy which now commands global investment decisions. And China which…

NCDMB, NLNG ramp up HCD training

The Nigerian Content Development and Monitoring Board (NCDMB) and Nigeria Liquefied Natural Gas (NLNG) Limited on Wednesday in Port Harcourt inaugurated 140 trainees for an intensive three-month Advanced Nigerian Content Human Capital Development (NC-HCD) Programme for the US$5 billion NLNG…

Why BPP should adopt NCDMB’s proven models for the ‘Nigeria First’ Policy

[Mayor Ikoroha] On May 5, 2025, President Bola Ahmed Tinubu launched the ‘Nigeria First’ policy, a strategic framework conceived topromote self-reliance, local content development, and the protection of indigenous industries to reduce dependency on foreign goods and services. By promoting…

Transocean Coatings locates unit in Snake Island Integrated Free Zone

Sopuruchi Onwuka Promoters of the Snake Island Integrated Free Zone (SIIFZ), Nigerdock, have attracted another high profile company into the facility, welcoming Transocean Coatings FZE, an affiliate of Transocean Coatings Nigeria Limited. Chief Marketing Officer, Mr Kevin Johnson-Azuara, declared in…

Nigeria’s KGG hub earns Nigeria IGU’s Gas Award at WGC 2025

Sopuruchi Onwuka The Kwale Gas Gathering (KGG) hub,located in Kwale, Delta State, has earned Nigeria the Regional Gas Award for Africa by the International Gas Union (IGU); bringing homegrown innovations in petroleum industry decarbonization to global recognition. Chief Executive Officer…

EU-US trade standoff: How Ursula’s feminine tone tamed Trump

The soft tone of President of the European Union Commission, Ursula Von der Leyen, was all that was needed to bring belligerent President Donald Trump of the United States to stand down his threats of 50 percent hike in tariffs…