By Ayomide Otitoju The BBC on Monday officially opened applications for a new Director General following the resignation of Tim Davie, who stepped down earlier this month after a misleading edit of former U.S. President Donald Trump triggered a diplomatic row. The broadcaster had apologised for the inaccurate edit, which appeared to show Trump urging…
By Ayomide Otitoju The Nigerian Electricity Regulatory Commission (NERC) says only 5,506 megawatts (MW) of the country’s 13,625MW installed generation capacity was made available to consumers in October, representing a 40% plant availability rate. According to the newly released factsheet, the month’s performance—driven by the top 10 energy producers, including Egbin, Delta, Kainji, Shiroro, Okpai,…
By Ayomide Otitoju Dangote Industries has entered into a partnership with Honeywell to support its plan to double the capacity of the Dangote Refinery to 1.4 million barrels per day (bpd) by 2028. According to a Reuters report citing both companies, the agreement will enable the refinery to process a wider range of crude grades…
By Ayomide Otitoju Oyo State Governor Seyi Makinde has presented a ₦891.9 billion budget proposal for the 2026 fiscal year to the Oyo State House of Assembly, marking his seventh budget submission since taking office. Speaking during the presentation, Governor Makinde said the budget is designed to consolidate the state’s accelerated development agenda. The proposed…
By Ayomide Otitoju The Nigerian National Petroleum Company Limited (NNPC Ltd.) has reported a Profit After Tax (PAT) of N5.4 trillion on a revenue of N45.1 trillion for 2024, marking a 64% increase from the N3.3 trillion PAT recorded in 2023. Bashir Ojulari, Group Chief Executive Officer, disclosed the results on Monday in Abuja while…
By Ayomide Otitoju The South African National Petroleum Company (SANPC) has entered the second stage of its establishment process as it advances toward full operational status, according to Nazeem Braaf, Executive in the Office of the CEO. Speaking at the G20 Africa Energy Investment Forum, hosted by the African Energy Chamber, Braaf said SANPC plans…
By Ayomide Otitoju Liquid C2, a business of African technology leader Cassava Technologies, has announced that its Cloudmania business won the 2025 Microsoft Partner of the Year Award for Egypt. The recognition places Cloudmania among a select group of global Microsoft partners honoured for excellence in innovation and implementation of customer solutions based on Microsoft…
By Ayomide Otitoju Afreximbank has called on Nigeria to champion the implementation of an effective regional transit guarantee system under the new transit regulation endorsed by the Economic Community of West African States (ECOWAS). Delivering the keynote address at the inaugural Customs Partnership for African Cooperation in Trade (Customs PACT) held in Abuja from 17…
By Ayomide Otitoju Senegal’s Ministry of Finance and Budget and the West African Development Bank (BOAD) have signed a Memorandum of Understanding (MoU) to establish a new strategic partnership aimed at strengthening the country’s public asset development and enhancing long-term financing capacity. The agreement introduces an innovative framework designed to bolster Senegal’s financing strategy, improve…
