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Category: Business

Prince (Engr.) Eze Secures $800m Oil Deal in Liberia

By George Ozalla The deal, signed with the Liberia Petroleum Regulatory Authority, comes with a $12 million signature bonus and a projected $800 million total investment. Atlas Oranto is expected to channel about $200 million into each block, bringing with it cutting-edge technology, exploration expertise, and much-needed capital to stimulate Liberia’s long-stalled oil sector. Liberia, […]

NNPCL GCEO Seeks Continental Cooperation to Secure Africa’s Energy Future

By George Ozalla The Group Chief Executive Officer of Nigerian National Petroleum Company Limited (NNPCL), Engr. Bashir Bayo Ojulari, has emphasized the need for stronger regional and continental collaboration to safeguard Africa’s energy resources. Ojulari made this call at the opening of the 2025 African Chiefs of Defence Staff Summit in Abuja, highlighting that energy […]

NUPENG & DANGOTE

Dangote bought 4000 CNG trucks and said his drivers would not be allowed to join NUPENG. The decision to buy his own trucks was existential. He wanted to avoid a scenario where marketers might boycott his products one day. Without his own trucks, Dangote would be sunk under such scenario. Direct supply to filling station […]

MADNESS OF THE TIME: BLOSSOM GARDEN ESTATE SCANDAL AND THE COLLAPSE OF PUBLIC TRUST IN ENUGU STATE HOUSING DEVELOPMENT CORPORATION

Enugu, Nigeria — 27th. August, 2025 In what can only be described as a monumental betrayal of public trust, the Enugu State Housing Development Corporation (ESHDC) is at the center of a shocking land administration scandal surrounding the controversial Blossom Garden Estate — a development now exposed as an audio Estate, lacking physical and legal […]

“At 21 Chidi Ajaere Started Piloting GIG Motors After Father’s Tragic Death”

At 21, Chidi Ajaere took over his parents’ transport company after his father’s demise. 19 years later, GIG now produces electric vehicles from Nigeria Below is how Nairametrics reported it: GIG Group, through its flagship subsidiary GIG Logistics, stands today as one of Nigeria’s oldest family-owned enterprises with roots in the transport sector. Founded in […]

Delta State Signs Historic Deal with REA to Unlock Renewable Energy Investments

By George Ozalla The Delta State Government and the Rural Electrification Agency (REA) have signed a Memorandum of Understanding (MoU) yesterday in Abuja during a state-by-state roundtable on power investment to unlock renewable energy investments opportunities, to will drive industrial growth and inclusive access across the state. This partnership is expected to deliver electricity to […]

“Odogwu Enefe, the 23-Year-Old Nigerian Founder Taking on Facebook with Lokats”

By George Ozalla In a bold move, 23-year-old Nigerian entrepreneur Odogwu Ekene Enefe has launched Lokats, a new social media platform designed to facilitate meaningful reconnections. With a unique focus on memory-based interactions and robust privacy features, Lokats aims to differentiate itself from existing platforms. Enefe, a software engineering graduate from Nile University of Nigeria, […]

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