Nigeria as well as other countries in tropical Africa need to close an annual forest finance gap of $66.8 billion, according to a new United Nations Environment Programme (UNEP) analysis. This was disclosed at the launch of the ‘Forest Finance Roadmap for Action’ by Forest & Climate Leaders’ Partnership (FCLP) – a focused effort of…
Global leader in the digital transformation of energy management and automation, Schneider Electric, has said it is streamlining the process of designing, deploying, and operating advanced, artificial intelligence (AI) infrastructure with its new reference designs. Senior Vice President and Chief Technology Officer at Schneider Electric, Jim Simonelli, who spoke when the company announced new reference…
Leading culinary brand Gino, under GBfoods Nigeria, in collaboration with celebrated Nigerian chef Hilda Baci, held a post-record press conference at its office in Lagos to celebrate their recent world record achievement and to outline the objectives of their growing partnership. The record-breaking feat, which took place between September 12 and 13, 2025, brought…
Global leader in energy management and automation, and recognised sustainability leader, Schneider Electric has announced the launch of the TeSys Deca Advanced contactor 115A & 150A for 3Pole and 200A for 4P to its channel partners in West Africa. Equipped with wide-band coil technology, the TeSys Deca Advanced can accommodate voltage fluctuations between 24V to…
Nigeria’s iconic herbal-infused bitters brand, Orijin, took centre stage at the 2025 Bolé Festival, reaffirming its role as a true custodian of culture and community. More than a sponsor, Orijin led the cultural conversation throughout the two-day festival, creating an immersive experience that connected thousands of festival-goers to heritage in fresh, unforgettable ways. From complimentary…
Global leader in energy management and automation, and recognised sustainability leader, Schneider Electric, has launched its flagship MasterPacT MTZ Active circuit breaker in West Africa. This premium digital solution sets new benchmarks in safety, efficiency, connectivity, and sustainability, helping industries overcome modern energy challenges and ensure business continuity. Offer Manager, Power Products at Schneider Electric…
Trading at a record high, BUA Foods Plc has once again captured the spotlight on the Nigerian Exchange (NGX), maintaining a strong bullish sentiment and momentum following a remarkable shareholder payout. The company announced its shareholders approved N13 dividend per share at the annual meeting, and this action resulted a spike in bargain hunting in…
Crude oil prices rose yesterday as markets remained on edge, driven by mounting risks to energy infrastructure from the Russia-Ukraine war, easing trade tensions between the US and China, and uncertainty over the Federal Reserve’s (Fed) rate decision. Brent crude was trading at $67.26 per barrel, up 0.1per cent from the previous close of $67.18….
The Chief Executive, Nigerian Upstream Petroleum Regulatory Commission, Engr. Gbenga Komolafe, has said the country’s competitive reform agenda has delivered 28 Field Development Plans worth $18.2billion in investment commitments, underscoring the attractiveness of the upstream sector to investors. These commitments are also expected to unlock 1.4 billion barrels of oil (bbo) and 5.4 trillion cubic…
