The Alternative Bank drives community-led effort to tackle plastic pollution in Lagos Photo caption: The Alternative Bank, Lekki branch As part of ongoing efforts to tackle one of Nigeria’s most pressing environmental challenges, The Alternative Bank is set to execute the inaugural edition of its ‘Walk4ZeroPlastic’ campaign on Saturday, July 19, 2025, at Tejuosho Market in…
ExxonMobil Nigeria Appoints Jagir Baxi as New Chairman and Managing Director…Shane Harris to transition to headquarters in Houston Lagos, Nigeria – ExxonMobil has announced the appointment of Mr. Jagir Baxi as the new Chairman and Managing Director of its Nigerian affiliates, including Esso Exploration and Production Nigeria Limited and Esso Exploration and Production Nigeria (Offshore…
Access Holdings Reaffirms Strategic Growth Plan from Expansion to Optimisation Access Holdings PLC, the parent company of Access Bank, has reaffirmed its long-term strategic blueprint anchored on a deliberate and structured progression: scale, optimise, and sustain. This roadmap, which has driven the Group’s aggressive expansion across Africa and into key global markets, is now entering…
Nigeria’s Local Content Reforms Trigger Mining Boom, Set New Benchmark for Africa ABUJA, Nigeria – Nigeria’s mining industry is experiencing a historic resurgence, fueled by bold local content reforms spearheaded by the Nigerian Content Development and Monitoring Board (NCDMB). At the recently concluded African Natural Resources and Energy Investment Summit in Abuja, Nigeria’s sweeping policy…
NNPC Commits $3.5 Billion to Transform Akwa Ibom into Gas Industry Hub UYO, Nigeria – In a major boost to Nigeria’s gas industrialisation agenda, the Nigerian National Petroleum Company Limited (NNPC Ltd.) has unveiled a $3.5 billion investment plan aimed at positioning Akwa Ibom State as a key gas-powered industrial hub in the South-South region….
Mozambique Clears Path for TotalEnergies’ $20 Billion LNG Project Restart MAPUTO, Mozambique – Mozambique has officially created the necessary conditions for the long-anticipated resumption of TotalEnergies’ $20 billion liquefied natural gas (LNG) project, according to statements made by the country’s Energy Minister and reported by Portuguese news agency Lusa. The French energy giant suspended operations…
Tinubu Pledges Stronger Support for NDDC as Commission Marks 25th Anniversary PORT HARCOURT, Nigeria – President Bola Ahmed Tinubu has reaffirmed his administration’s commitment to empowering the Niger Delta Development Commission (NDDC) to deliver on its core mandate of regional transformation, under the Renewed Hope Agenda. Speaking through Secretary to the Government of the Federation,…
DisCos’ non-compliance with safety guidelines cause of increased fatality, injuries in Q1 operations – NERC The Nigerian Electricity Regulatory Commission (NERC) has blamed non-compliance with safety guidelines by electricity distribution companies for the increase in deaths and injuries related to electrical accidents in the first quarter of 2025. According to NERC’s Q1 2025 report, 12…
Dangote to African CEOs: Only Africans Can Truly Develop Africa LAGOS – Africa’s richest man and industrialist, Aliko Dangote, has charged African business leaders to take the lead in transforming the continent through bold investments and visionary projects. Speaking to participants of the Global CEO Africa Programme during a visit to the Dangote Petroleum Refinery…
NIPCO Shareholders Laud Management Over Record N1.31 Billion Dividend Payout ABUJA – Shareholders of NIPCO Plc erupted in praise and jubilation during the company’s 2024 Annual General Meeting (AGM), following the announcement of a record dividend payout of N1.31 billion, translating to N7 per share. The AGM, held at the prestigious Abuja Continental Hotel, marked…