Business

₦121.67trn debt: SERAP asks Inspection Panel to hold World Bank to account   Socio-Economic Rights and Accountability Project (SERAP) has sent a complaint to the World Bank Inspection Panel urging the Panel “to probe allegations of corruption in the spending of the loans and other funding facilities obtained by the Federal Government and Nigeria’s 36

  NNPC Ltd Set to Deliver Gas Revolution with OB3 Gas Pipeline Project …As FG Expresses Satisfaction with Project’s Progress   In yet another major step towards boosting nationwide gas supply to drive industrialization and economic growth, the Nigerian National Petroleum Company Limited (NNPC Ltd) is set to deliver the Obiafu-Obrikom-Oben (OB3) Gas Pipeline project.

Shell reiterates commitment to Nigeria’s development, wins FRCN award   Shell Petroleum Development Company of Nigeria Limited (SPDC) has reaffirmed its unwavering commitment to supporting the socio-economic development of Nigeria, especially in its areas of operations in the Niger Delta. SPDC Director and Head of Corporate Relations, Igo Weli, made the restatement in Port Harcourt

FG Highlights AKK Gas Pipeline’s Massive Impact on Economy, Industrialisation                                        …As Kyari Assures Project Will be Ready 1st Qtr 2025   The Federal Government has highlighted the huge multiplier impact of the Ajaokuta-Kaduna-Kano (AKK) Gas Pipeline Project on the nation’s economic growth and industrialisation. This was made known during the visit of three cabinet

Halilu Underscores AMTDI’s Commitment to Advancing Technological Infrastructure & Innovation in Nigeria   The Executive Vice Chairman/CEO of the National Agency for Science and Engineering Infrastructure (NASENI), Mr Khalil Suleiman Halilu has conducted an inspection visit to the Advanced Manufacturing Technology Development Institute (AMTDI), an institute under NASENI, in Jalingo, Taraba State. The visit was

Western Digital Expands Lineup with New SSD for Content Creators As content creation continues to surge and AI-enabled applications generate larger media assets, the need for high-performance, high-capacity data storage has become essential. Addressing this demand, Western Digital has expanded its WD Blue lineup to include the WD Blue SN5000 NVMe SSD, a high-capacity storage

Chevron Signs Contracts for Ultra-Deepwater Blocks in Angola Amid Attractive Policies Multinational energy corporation Chevron has signed two Risk Service Contracts (RSC) for Block 49 and Block 50, located in the ultra-deep waters of Angola’s Lower Congo Basin. The company – through its Angolan subsidiary Cabinda Gulf Oil Company Limited ­– was initially awarded the

Access Bank PLC Breaks Ground on 60 Additional Classrooms in Kaduna, Seeks to Double Child Enrolment   Access Bank PLC, one of Africa’s leading financial institutions, has continued to demonstrate its commitment to education and community development, breaking ground for the construction of 60 additional classrooms in Maraban Jos, Kaduna. This development, which took place

Asharami Synergy leads Aviation Fuel Market, lauds IATA’s sustainability efforts   Asharami Synergy Limited, a Sahara Group downstream company in Nigeria has attributed its sterling performance in the aviation fuel market to the firm’s commitment to safety, technology-driven solutions and environmental sustainability.   Speaking in Vienna, Austria, at the IATA Aviation Energy Forum, Foluso Sobanjo,

Rivers Governor Urges Transparency in Community Development Trusts   Governor of Rivers State, Siminalayi Fubara, has called for responsible management of funds allocated to host Communities Development Trusts (HCDT) in the Niger Delta. The governor spoke on Tuesday at an event to unveil three additional HDCTs by The Shell Petroleum Development Company of Nigeria Limited