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 Emmanuella Anokam (NAN) The Minister of State for Petroleum Resources (Oil), Sen. Heineken Lokpobiri, has called for practical and collaborative approaches to strengthening local content implementation in Nigeria’s oil and gas industry. Lokpobiri made the call on Monday in Abuja, at the official pre-conference opening of the 2026 NigeriaContinue Reading
By Victor Okoye A private firm, AT&Encore Resource Nig. Ltd., has launched a mega brand to support Cross River Governor, Prince Bassey Otu’s efforts to rebuild the state’s economy and restore public confidence. The Managing Director of the company, Engr. Sylvester Enyia, disclosed this in an interview with the NewsContinue Reading
By Kadiri Abdulrahman The Central Bank of Nigeria ( NAN) has released a comprehensive assessment of Nigeria’s fintech landscape. According to a statement from the CBN, the report outlines the priorities needed to sustain innovation, strengthen system integrity, and support the next phase of digital financial growth. It said, “ItContinue 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 Kadiri Abdulrahman A total sum of N1.969 trillion, December 2025 federation account revenue has been shared to the Federal Government, states and the Local Government Councils (LGs). This is according to a communiqué from the Federation Account Allocation Committee (FAAC) made available by Mr Bawa Mokwa, Director. Press andContinue Reading
By Kadiri Abdulrahman The Federal Government, through the Debt Management Office (DMO) has offered two FGN savings bonds for subscription at N1,000 per unit. According to a release by the DMO, the first offer is a two-year FGN savings bond due on Feb. 11, 2028 at interest rate of 145.356Continue Reading
By Okeoghene Akubuike The Bureau of Public Procurement (BPP) has issued a disclaimer on a press release issued by its Head of Press and Public Relations, Zira Zakka Nagga. The said press release is in connection with a suit by the Chartered Institute of Purchasing and Supply Management of NigeriaContinue Reading
