By Taiye Olayemi Shareholders of Universal Insurance Plc have approved resolutions authorising the company to raise up to N15 billion in fresh capital to meet the minimum capital requirement set by regulators. The approvals were given at the company’s Extraordinary General Meeting (EGM), according to a statement signedContinue Reading
By Rukayat Moisemhe President, Lagos Chamber of Commerce and Industry (LCCI), Mr Leye Kupoluyi, says the rise of indigenous supermarkets is a vital driver for Nigeria’s economic independence and inclusive growth. Kupoluyi made the assertion at the opening of The Mart Supermarket, Isheri BranchContinue Reading
A maritime and energy expert, Mr Atiemoria Ebhodaghe has called for data-driven solutions and deep operational reforms across Nigeria’s ports and marine logistics value chain to improve efficiency in the upstream energy sector.Continue Reading
Stakeholders at the 2026 Nigeria International Energy Summit (NIES) have underscored the critical role of human capital and skills development in sustaining Nigeria’s oil, gas, and energy transition agenda.Continue Reading
By Okeoghene Akubuike Abuja, Feb. 4, 2026(NAN) The Republic of South Africa on Tuesday officially acceded to the Establishment Agreement of the African Export-Import Bank (Afreximbank), Africa’s leading Multilateral Financial Institution, heralding deeper financial sovereignty. A statement by Vincent Musumba, Communications and Events Manager, Afreximbank, said the accession followedContinue Reading
The Association of Petroleum Producers’ Organisation (APPO) says African Energy Bank (AEB) is being positioned to raise about $15 billion to finance oil and gas projects in the continent of Africa by 2030.Continue Reading
The Federal Government has underscored the need for a fundamental shift from compliance-based local content policies to performance-driven frameworks that can deliver industrial growth and long-term competitiveness in Africa’s gas sector.Continue Reading
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says over 180 trillion cubic feet (TCF) of discovered natural gas across Africa remains untapped, citing fragmented markets and unaligned fiscal and regulatory regimes.Continue Reading
Nigeria has officially handed over the African Energy Bank (AEB) headquarters, a flagship institution to mobilise capital for the continent’s energy priorities and reinforce energy value chains.Continue Reading
By Taiye Olayemi VDL Technologies has called for clearer and more consistent government policies to enable technology firms scale digital solutions that address social, educational and civic challenges in Nigeria. The Chief Executive Officer of the company, Mr Oluwarotimi Fasuyi, made the call in Lagos at aContinue Reading
