Goddy Ikeh
Nigeria is working towards fast-tracking the implementation of the African Continental Free Trade Area (AfCFTA) to unlock opportunities for businesses in the country across the continent.
The Nigerian Exchange Group (NGX Group), a leading integrated market infrastructure provider in Africa, has signed a funding agreement with DEG Impulse GmbH, a subsidiary of the German Development Finance Institution, DEG – Deutsche Investitions-und Entwicklungsgesellschaft mbH, part of KfW Bankengruppe, to commence the implementation of its flagship NGX Net-Zero Programme (N-Zero).
The Nigerian National Petroleum Company Limited (NNPCL) has announced a major breakthrough in its ongoing $2.8bn Ajaokuta-Kaduna-Kano gas pipeline project, confirming that contractors have successfully crossed the River Niger, a critical milestone that had previously posed significant technical and commercial challenges.
The Prime Minister of India, Shri Narendra Modi, arrived on Wednesday in Accra on his State Visit to Ghana.
Nigeria’s Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has warned against the mismanagement of Nigerian oil and gas assets, stating that companies without the technical or financial capacity to develop strategic national resources must either improve performance or step aside.
The Deputy Managing Director of Nigeria LNG (NLNG), Mr. Olakunle Osobu, has called for a radical shift in the way technology is developed and deployed in the Nigerian oil and gas sector and advocated the use of indigenous Nigerian languages in the creation and application of critical technologies, including Artificial Intelligence (AI).
The United States says the 17th US -Africa Business Summit yielded over $2.5bn in new deals and commitments between US and African partners.
The number of internally displaced persons (IDPs) in Mali has risen by 15% in the past year, reaching nearly 380,000, with women and girls facing a sharp increase in sexual violence amid a deepening humanitarian crisis.
The Nigerian Content Development and Monitoring Board (NCDMB) says that it is finalising a new procurement framework known as the Nigeria First Procurement Policy, aimed at prioritising local content participation in the oil and gas value chain and ensuring energy sufficiency.
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) an agency of the Federal Government of Nigeria has said that Oil and gas companies operating in Nigeria remitted a total of N57.07bn to Oil Host Community Development Trusts in 2024,