Energia Limited has announced the appointment of Oladimeji Bashorun as its Chief Executive Officer (CEO), following the vacancy created by the exit of Mr. Chidi Egonu. Bashorun, who previously served as the company’s Chief Operating Officer (COO), steps into the role following years of providing strategic and operational leadership within …
Read More »Debt pressure mounts as FG borrows N8.1trn in 2026 already
•Represents 7.4% YoY increase from Q1’25 •Analysts cite revenue gaps, fiscal indiscipline •Urge FG to cut waste, boost revenue •Rising debt crippling ability to fund infrastructure – World Bank“ At the backdrop of rising public debt pressure and concerns over the impact on the economy, the Federal Government (FG) increased …
Read More »Dangote Refinery Powers Historic Shift as Nigeria Emerges Net Petrol Exporter, Earns Fresh Forex
Dangote Petroleum Refinery & Petrochemicals has recorded a major milestone in Nigeria’s energy history, exporting 44,000 barrels per day (b/d) of gasoline in March 2026, an achievement that has positioned Nigeria as a net exporter of petrol for the first time ever, with a surplus of approximately 3,000 b/d …
Read More »World Bank Advice Risks Dragging Nigeria Back into Fuel Import Trap, Violates Petroleum Law — Energy Experts Warn
Energy experts have criticised recent recommendations by the World Bank urging Nigeria to deepen fuel importation and fully liberalise its downstream petroleum sector, warning that the advice is ill‑timed, economically regressive and in direct violation of the Petroleum Industry Act (PIA). An energy economist and professor, Ken Ife, faulted …
Read More »Energia Calls for Stronger Policy Execution and Technology Enablement at SPE OLEF 2026
Energia Limited’s Chief Operating Officer, Oladimeji Bashorun, has called for enhanced policy execution, improved regulatory efficiency, and stronger industry collaboration to unlock the full potential of Nigeria’s oil and gas sector. Speaking at the Society of Petroleum Engineers (SPE) Oloibiri Lecture Series and Energy Forum (SPE OLEF 2026) in …
Read More »Sterling Bank faces data breach allegations as customers express security concerns
There is growing concern within Nigeria’s banking sector following allegations of a major data breach involving Sterling Bank, with reports claiming that sensitive customer and employee information may have been exposed. At the centre of the controversy is a dark web actor identified as “ByteToBreach,” who has reportedly claimed responsibility …
Read More »Dangote at 69: The Man Building Africa’s Industrial Backbone
By Abiodun Alade As Aliko Dangote turns 69, his story demands to be read not as a biography of wealth, but as a case study in Africa’s unfinished industrial argument. For decades, the continent has lived with a structural contradiction. It exports raw materials and imports finished goods. It produces …
Read More »FirstBank Partners Eko Hotels & KEY Academy for ChessMasters 2026 Tournament
FirstBank, West Africa’s premier financial institution and the leading financial inclusion service provider, has announced its strategic sponsorship of the second edition of ChessMasters, Africa’s largest school chess tournament. The announcement was made at the official press conference of the tournament held on 16 March 2026 at Eko Hotels and …
Read More »Dominion City Global Camp Meeting 2026 Ends with Waves of Miracles, Revival, and Life-Changing Testimonies
Lagos – Dominion City has concluded its Global Camp Meeting 2026 with overwhelming testimonies of miracles, salvation, deliverance, and spiritual renewal, reinforcing its position as a major platform for global revival and transformation. The six-day international conference, themed “Redigging the Wells of Our Fathers,” was held simultaneously in Lagos and …
Read More »MAGGI Unveils Qing Madi as the Face of “Me & MAGGI, So Good Together” Campaign
MAGGI has unveiled rising music sensation Qing Madi as the face of its latest campaign, “Me & MAGGI, So Good Together,” marking a bold step in the brand’s journey to deepen its connection with a new generation of Nigerians. The unveiling, held at Nestlé Nigeria’s Head Office in Lagos, …
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