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Tinubu Felicitates Elumelu on Birthday Hails His Africapitalism Drive

(AFRICAN EXAMINER) –  President Bola Tinubu has congratulated economist, banker and philanthropist, Tony Elumelu, on his 62nd birthday, describing him as an African business icon and a leading advocate of enterprise on the continent. The Chairman of Heirs Holdings, United Bank for Africa and Transcorp, will turn 62 on March 22, 2026. In a statement […]

Shell Resumes Production In Bonga As It Completes Turnaround Maintenance On FPSO

(AFRICAN EXAMINER) – Shell Nigeria Exploration and Production Company Limited (SNEPCo) has completed the turnaround maintenance on the Bonga Floating Production, Storage and Offloading (FPSO) vessel, leading to resumption of production at Nigeria’s premier deepwater field on March 6, 2026.  The project was delivered 11 days ahead of schedule and without any safety incident, reinforcing […]

FG Won’t Control Petrol Prices Despite Middle East War – Edun

(AFRICAN EXAMINER) – The Federal Government says it will not intervene to regulate petrol prices despite rising tensions in the Middle East that are causing instability in global oil markets. The Minister of Finance, Wale Edun, made this known during an interview on Channels Television on Wednesday. According to him, the government will instead introduce […]

UBA Business Series Set to Spotlight Africa’s New Generation of Female Leaders During Women’s Month

(AFRICAN EXAMINER) – Africa’s Global Bank, United Bank for Africa (UBA) Plc, is set to host a special edition of its impactful quarterly UBA Business Series, which be specifically focused on celebrating and empowering the modern woman with the theme: “gen w – ‘The Evolved Woman’ The session, which is scheduled to hold on Wednesday, […]

30 Banks Meet Deadline For Recapitalisation –CBN

(AFRICAN EXAMINER) As the March 31 deadline for the bank recapitalisation exercise of the Central Bank of Nigeria (CBN) draws near, the apex bank says 30 banks have met the new capital requirements. CBN Acting Director, Corporate Communications Development, Mrs Hakama Sidi-Ali, said this in a statement on Friday in Abuja. According to Sidi-Ali, as […]

Dele Momodu Opens Up On His Business Loss In Ghana 

(AFRICAN EXAMINER) – Dele Momodu, publisher of Ovation Magazine, has revealed that he lost more than $500,000 after venturing into the restaurant business in Accra, Ghana. Momodu shared the experience while speaking on a podcast titled Building Wealth with Femi, where he reflected on the risks of diversifying investments. According to the media entrepreneur, the […]

How Nigeria can achieve gas-led industrialisation – Shell

(AFRICAN EXAMINER) – Nigeria can harness her gas resources for industrialisation if it achieves stable regulatory enforcement, fair pricing and infrastructure ownership models in the sector, Managing Director Shell Nigeria Gas (SNG) Ralph Gbobo said in Lagos recently.  Speaking at the Energy Week of the Lagos Section of the Society of Petroleum Engineers (SPE), Ralph […]

How Nigeria Can Turn Risks To Opportunities In Oil Industry –SNEPCo

(AFRICAN EXAMINER) – Nigeria can transform risks and complexities in the oil and gas industry to opportunities for growth and development if operators and regulators collaborate in a business environment that encourages transparency and governance discipline without late-stage fiscal or regulatory shocks.  Managing Director, Shell Nigeria Exploration and Production Company Limited (SNEPCo), Ronald Adams said […]

Shell Honoured For “Best Oilfield Development Projects” At Abuja Energy Summit

Shell Nigeria Exploration and Production Company Limited (SNEPCo) was recognised for its pioneering role in oilfield development projects at the 9th Nigeria International Energy Summit (NIES) which held in Abuja last week. This was contained in a press release issued on Sunday and signed by Shell Communications Manager, Gladys Afam-Amadu The award for “Best Oilfield […]

SNEPCo Begins Turnaround Maintenance At Bonga To Extend Asset Life

(AFRICAN EXAMINER) – Shell Nigeria Exploration and Production Company Limited (SNEPCo) has commenced a turnaround maintenance activity at the Bonga Floating Production Storage and Offloading (FPSO) vessel. The exercise is a statutory and integrity assurance programme aimed at extending the life of the facility. According to SNEPCo Managing Director, Ronald Adams, the schedule maintenance activity […]

Dangote, NNPC Seal Strategic Gas Supply Agreements

(AFRICAN EXAMINER) – Towards meeting the energy demands of their ongoing expansion projects, three subsidiaries of Dangote Industries Limited, Dangote Petroleum Refinery, Dangote Fertiliser Plant and Dangote Cement Plc have scaled up their Gas Sales and Purchase Agreements (GSPA) with subsidiaries of the Nigerian National Petroleum Company Limited (NNPC Ltd): Nigerian Gas Marketing Limited and […]

Turkiye Targeting $5B Trade Volume With Nigeria –Erdogan

(AFRICAN EXAMINER) – President Recep Tayyip Erdogan of the Republic of Türkiye, on Tuesday in Ankara, said his country is targeting a $5 billion trade volume with Nigeria, adding that discussions to actualise this have already commenced. Special Adviser to the President, Information and Strategy, Mr. Bayo Onanuga in a press release issued on Tuesday […]

Shell CEO Pledges $20 Billion Investment In Nigeria

Chief Executive of Shell Plc, Mr. Wael Sawan has commended President Bola Tinubu’s leadership for creating a healthy climate for investments to thrive and restoring investor confidence. Special Adviser to the President, Information and Strategy. Mr. Bayo Onanuga, in a press release on Sunday said Sawan spoke at a meeting with Tinubu at the Presidential […]

Tinubu Approves Incentives To Unlock Jobs, Forex Inflows From Shell’s SW Bonga Project

(AFRICAN EXAMINER) – President Bola Tinubu has approved the gazetting of targeted, investment-linked incentives to support the proposed Bonga South West deep-offshore oil project by Shell and its partners. Special Adviser to the President, Media and Public Communications, Mr. Sunday Dare disclosed this in a press release issued on Thursday. Receiving the Shell delegation led […]

FIRS Confirms NIN as Official Tax ID for Nigerians

(AFRICAN EXAMINER) – The Federal Inland Revenue Service (FIRS) has confirmed that the National Identification Number (NIN) issued by the National Identity Management Commission (NIMC) will now automatically serve as the Tax Identification Number (TIN) for individual Nigerians. The announcement was made on Monday as part of a public awareness campaign on new tax laws. […]

Oil Palm: Two Foreign Groups, Solidaridad, Propcom Plus Assist Enugu In Policy Development

(AFRICAN EXAMINER) –  International civil society group, Solidaridad, which promotes oil palm production globally, with headquarters in the Netherlands, in partnership with Propcom plus, a climate-smart agricultural programme powered by the United Kingdom (UKs) Foreign, Commonwealth and Development Office (FCO) is supporting Enugu state government in the development of a sustainable oil palm policy. Solidaridad, […]

Shell Nigeria Gas Limited Expands Operations As New Customer Connects In Ogun

(AFRICAN EXAMINER) – Nigeria’s premier gas distribution company, Shell Nigeria Gas Limited (SNG) is expanding its operations in Ogun State with an agreement to provide gas to SG Industrial FZE, a leading steel company in the Guandong industrial zone in the State.  This was contained in a press release issued by Shell Communications Manager. Gladys […]

FirstBank Sparks Global Kindness with 2025 Corporate Responsibility and Sustainability Week

(AFRICAN EXAMINER) –  FirstBank, the premier bank in West Africa and a leading financial inclusion service provider, is proud to announce the commencement of its 2025 Corporate Responsibility and Sustainability (CR&S) Week, scheduled to hold from 27 October  – 1 November 2025. Now in its ninth year, the annual event is a reflection of the […]

‘PRODA Can Reduce Nigeria’s Import Dependency –Board Chairman

(AFRICAN EXAMINER) –  The governing Board Chairman of Project Development Institute PRODA Enugu, of the Ministry of Innovation  science and Technology Hon. Donatus Eyinnaya Agu, has declared that if properly funded, the agency has the potential of reducing Nigeria and Africa’s import dependency as well as create a robust economic self-reliance space in the country. […]

Shell Invests In Nigeria’s Offshore Gas Development 

(AFRICAN EXAMINER) – Shell Nigeria Exploration and Production Company Limited (SNEPCo), a subsidiary of Shell plc, together with Sunlink Energies and Resources Limited, have taken a final investment decision (FID) on the HI gas project offshore Nigeria.  This was contained in a press release signed by Shell Communications Manager. Gladys Afam-Anadu. When completed, the project […]

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