Nigeria
Standard Bank Moves to Take Stake in OPay Ahead of US IPO
Nume Ekeghe with agency reports South Africa’s Standard Bank Group is in talks to acquire a stake in Nigerian fintech company, OPay Digital Services, ahead of the payments company’s planned
ExxonMobil’s Ultra Deepwater Drillship Arrives Niger Delta as $1bn Usan Infill Project Begins
• Hope rises for additional 40,000bpd oil output in 18 months Peter Uzoho Nigerian affiliate of ExxonMobil, Esso Exploration and Production Nigeria (Offshore East) Limited, operator of the Usan field
FG Targets 3,500MW Power Supply to Lagos, to End Blackout Soon
Segun James The federal government has promised to end constant power outages in Lagos State, with a target of bringing in a new supply of 3,500 megawatts (MW) of electricity
NMDPRA, PENGASSAN Harp on Regulatory Efficiency, Training to Grow Petroleum Industry
Onyebuchi Ezigbo in Abuja The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) and Petroleum and Natural Gas Senior Staff Association of Nigeria have expressed the need to ensure transparent
Dangote Cement Vows to Strengthen Empowerment Programmes for the Youths in Kogi
Ibrahim Oyewale in Lokoja Dangote Cement Plc, Obajana, has marked International Youth Day with a renewed commitment to advancing youth development through its array of empowerment programmes, while strengthening its
US, Nigeria Deepen Music Industry Ties with Intellectual Property Workshop
Emmanuel Addeh in Abuja The United States and Nigeria are seeking to deepen commercial ties in the music industry, with the US Consulate General in Lagos convening creative industry stakeholders
PWC: Nigeria’s H2 Growth to Hit 4.2% Buoyed By Stronger Oil Output
• Warns high food, energy costs may weaken reform gains •Says growth hinges on turning reforms into jobs, investment Emmanuel Addeh in Abuja Global professional services firm, PwC, has predicted
Australia Passes Law to Levy Tech Giants as Nigerian Media Awaits FG
Emmanuel Addeh in Abuja Australia passed legislation yesterday that will force tech giants to pay millions of dollars in levies if they fail to strike commercial deals with local media
Ogoni Oil Resumption: Rivers LGs Seek Clarity, Caution Against Derailment
Blessing Ibunge in Port Harcourt The proposed resumption of oil production in Ogoniland after more than three decades may face fresh challenges following concerns raised by the four local government
NELFUND Commends Tinubu as FG Directs EFCC Recovered Funds, Unclaimed Dividends to Student Loans
Kuni Tyessi in Abuja Nigerian Education Loan Fund (NELFUND) has commended President Bola Tinubu for directing that eligible liquid assets recovered by the Economic and Financial Crimes Commission (EFCC) should
