By Ayomide Otitoju President Bola Ahmed Tinubu has approved a targeted fiscal incentive aimed at unlocking the long-awaited Final Investment Decision (FID) for the Bonga Southwest Aparo (BSWA) Deepwater Project, a development expected to attract about $20 billion in foreign direct investment into Nigeria’s oil and gas sector. The approval marks a major milestone in…
By Ayomide Otitoju JMG Limited, in collaboration with its sister company Jamara Home, has launched the J-Women Impact Network (J-WIN), an initiative aimed at promoting mentorship, collaboration and professional development among female employees across both organisations. The initiative was unveiled during a celebration marking International Women’s Day 2026, held at Radisson Blu Hotel Lagos Ikeja…
By Ayomide Otitoju Fidelity Bank Plc has reaffirmed its commitment to advancing women’s economic empowerment with the signing of strategic Memoranda of Understanding (MoU) with several partner organisations at the launch of its “Give Her Power” initiative, a programme designed to equip Nigerian women with practical skills, mentorship, tools and financial knowledge. The partnerships were…
By Ayomide Otitoju The Nigerian National Petroleum Company Limited (NNPC Ltd) has launched the Women in NNPC (WIN) initiative, a strategic programme aimed at promoting workplace inclusion and expanding leadership opportunities for women within the organisation and Nigeria’s broader energy sector. The initiative was officially unveiled at the NNPC Towers in Abuja, where company executives…
By Ayomide Otitoju President Bola Tinubu has expressed condolences to the family, associates, and the Nigerian football community over the death of renowned football administrator and former Nigeria national football team head coach, Adegboye Onigbinde. The President also sympathised with the Nigeria Football Federation (NFF), the National Sports Commission (NSC), professional colleagues and fans of…
By Ayomide Otitoju Governor Dauda Lawal of Zamfara State has defected from the Peoples Democratic Party (PDP) to the All Progressives Congress (APC), citing the ongoing crisis and legal disputes within the opposition party as the main reason for his decision. The governor’s defection was formally announced on Monday by the state’s Deputy Governor, Mani…
By Ayomide Otitoju JMG Limited, a Nigerian provider of integrated electro-mechanical solutions, has hosted engineering students from the University of Lagos (UNILAG) for an educational tour of its JMG and Jamara production facility in Gbagada, Lagos, as part of activities marking World Engineering Day for Sustainable Development 2026. The visit was organised in line with…
By Ayomide Otitoju The Nigerian National Petroleum Company Limited (NNPC Ltd) has reported a rise in crude oil and natural gas output in January 2026, even as overall petroleum revenue declined sharply. According to the NNPC Monthly Report Summary for January, crude oil production, including condensates, reached 1.64 million barrels per day (bpd)—up 5.81% from…
By Ayomide Otitoju Sunbeth Global Concepts Limited has successfully completed Series 1, 2, and 3 issuances under its Commercial Paper Programme, raising ₦165.73 billion—well above the ₦100 billion initially targeted. The offering, which ran from February 27 to March 6, 2026, was structured across three series with tenors of 179, 270, and 364 days, providing…
