News
Nigeria Receives $2. 02bn From Shell In 2025, New Report Shows
2+ day, 47+ min ago (349+ words) " " " "Share" Shell plc disclosed that it remitted a total of $2. 016 billion to the Nigerian government in 2025, covering production entitlements, royalties, taxes, and regulatory fees, according to its latest Payments to Governments Report. A breakdown of the figures showed that Nigeria…...
Egbin Power, FIPL To Host Sahara Power Academy For Next Generation Of Nigerian Engineers
2+ day, 22+ min ago (413+ words) " " " "Share" Sahara Power Group has announced the launch of its flagship Sahara Power Technical and Innovation Academy (SPTIA), a transformative initiative designed to equip young Nigerian engineers with the technical expertise and practical experience needed to drive sustainable power generation…...
30 Chinese Vessels Reportedly Pass Through Strait Of Hormuz Amid Ongoing Maritime Tensions
2+ day, 39+ min ago (343+ words) " " " "Share" About 30 Chinese ships reportedly transited the Strait of Hormuz on Wednesday, even as negotiations between the United States and Iran over full access to the strategic waterway remain unresolved. Iran's semi-official Fars news agency reported that the movement began…...
Piracy Eliminated In Nigerian Waters Through Deep Blue Project " Tinubu
3+ day, 18+ hour ago (291+ words) " " " "Share" President Bola Tinubu has said sustained investments under Nigeria's Deep Blue Project have eliminated piracy incidents within the country's territorial waters and significantly improved security across the Gulf of Guinea. "The global maritime community has acknowledged the elimination of…...
The Nigeria Prize For Science & Inovation Hits New Peak As 2026 Edition Attracts 237 Entries
3+ day, 17+ hour ago (594+ words) " " " "Share" The 2026 edition of The Nigeria Prize for Science and Innovation has recorded an historic milestone, attracting a record-breaking 237 entries, the highest number of submissions since the Prize was established n in 2004. The submissions were formally handed over to the…...
The Alternative Bank Addresses Nigeria's Medicine Security Crisis With Financing For Local Pharma
5+ day, 5+ hour ago (140+ words) " " " "Share" Speaking in a recent interview with the Association of Industrial Pharmacists of Nigeria (NAIP) for the maiden edition of its Pharma Industry Digest, Dr. Jekwu Ozoemene, Group Executive at The Alternative Bank, underscored the urgency of localising production. "Pharma…...
NISO Emphasizes Importance Of Accurate, Reliable Reporting To Public
6+ day, 21+ hour ago (344+ words) " " " "Share" "Explains causes of system collapse The Nigerian Independent System Operator (NISO) has emphasized the critical need for precise and transparent communication with the public to foster trust in the power sector and prevent unnecessary alarm during system disruptions or…...
Power Sector Has No Quick Fix, Reforms Will Be Transparent Under My Watch-Tegbe
6+ day, 21+ hour ago (337+ words) " " " "Share" The Ministerial-Designate for Power, Joseph Olasunkanmi Tegbe, has pledged to transform the power sector through high levels of transparency in his reforms to resuscitate the sector, which has been plagued by incessant national grid collapses and power failures Tegbe,…...
Petroleum Ministry Hails NIPet GE's Strategic Role In Driving Sector Reform
6+ day, 21+ hour ago (420+ words) " " " "Share" The Ministry of Petroleum Resources has commended the Nigerian Institute of Petroleum and Gas Engineers (NIPet GE) for its growing influence in shaping policy, strengthening technical capacity, and advancing innovation across Nigeria's oil and gas industry. The endorsement came…...
Norwegian Sovereign Wealth Fund Eyes Partnership With Dangote Group On Africa Investments
6+ day, 21+ hour ago (266+ words) " " " "Share" The President/Chief Executive of Dangote Group, Aliko Dangote has held a high-level meeting with Nicolai Tangen, the Chief Executive Officer of Norges Bank Investment Management, the world's largest sovereign wealth fund manager, overseeing assets valued at approximately $1. 9 trillion....