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
By Vivian Emoni The Nigerian Export Promotion Council (NEPC) says it is targeting effective, sustained growth in non-oil exports in 2026, citing reforms, market expansion and strengthened exporter development initiatives. Mrs Nonye Ayeni, Executive Director of NEPC said this at a news conference on the 2025 Non-Oil Export Performance andContinue Reading
By Muhyideen Jimoh President Bola Tinubu says Nigeria will co-host Investopia with the United Arab Emirates in Lagos in February to attract global investors and boost sustainable investment inflows. Tinubu announced this on Tuesday at the 2026 Abu Dhabi Sustainability Week (ADSW). He spoke on the sidelines of Nigeria’s conclusionContinue Reading
By Taiye Olayemi Universal Insurance Plc has outlined plans to focus on digital innovation, product expansion and stronger partnerships in 2026 as part of efforts to enhance its revenue base. The Managing Director of Universal Insurance, Dr Japhet Duru, disclosed this during the firm’s 2026 Annual Thanksgiving and PrayerContinue Reading
The Presidential Initiative on Compressed Natural Gas (Pi-CNG) and Electric Vehicles (EVs) has signed an agreement with You Jie Te Environment Technology Ltd (YJT) to localise the manufacturing of critical energy infrastructure in Nigeria.
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