Category : Search result: Frontier Exploration Fund


House Probes Missing N30bn NSIPA Fund, Demands Action

The House of Representatives investigates over N30bn recovered from NSIPA, demanding its release to restart vital poverty-alleviation schemes. Lawmakers warn delayed funds worsen hardship. Read more.

NCDMB, BOI Unveil $100m Fund for Oil & Gas Firms

NCDMB and Bank of Industry launch a $100m equity fund to boost local oil & gas firms. Nigerian content performance rises to 61%. New rules make certificates non-transferable from 2026.

Northern Governors Launch N16bn Monthly Security Fund

Northern governors and traditional rulers have approved a N16bn monthly security trust fund to combat banditry and terrorism. They also urged President Tinubu to suspend mining activities for six months.

TotalEnergies Sells 40% Nigerian Offshore Stake to Chevron

TotalEnergies divests 40% stake in two Nigerian offshore licences to Chevron, forming a new joint venture to accelerate exploration in the West Delta basin. This marks a strategic realignment amid Nigeria's push for new oil investments.

Northern Leaders Suspend Mining, Back State Police

Northern governors and traditional rulers have imposed a six-month mining suspension and approved a N1bn monthly security fund to tackle banditry and insecurity. Read the full communiqué.

TotalEnergies Sells Nigeria Offshore Stake to Chevron

French oil giant TotalEnergies sells a 40% stake in Nigerian offshore exploration licences to Chevron. The deal aims to derisk and develop new opportunities in Nigeria's oil sector. Full details inside.

Nigeria Launches Emergency GBV Response Fund

Federal Government announces emergency fund to combat gender-based violence and support survivors. New initiative launched during 16 Days of Activism against GBV.

Southern Governors Establish Zonal Security Fund

Southern Nigerian governors have agreed to create a regional security fund and enhance intelligence sharing to combat rising insecurity. The move aims to strengthen coordinated responses across state lines.

ESA Secures Record €22.1 Billion Space Budget

The European Space Agency secures a historic €22.1 billion budget to boost space independence, fund new rockets, and launch missions to Mars and Saturn's moon. Discover Europe's ambitious space plans.

Senate Confronts Nigeria's Health Funding Gap

Senate President Godswill Akpabio warns Nigeria's health funding falls critically short of commitments. The Senate moves to pass key bills, including doubling the Basic Healthcare Provision Fund, to tackle systemic crises.

Tompolo gets honorary doctorate from ECU

Edwin Clark University confers an honorary doctorate on Tompolo for his transformative contributions to education and regional security. The university also unveils a N10 billion endowment fund.

Lumumba to Deliver UNILORIN's 50th Anniversary Lecture

Renowned speaker Prof. Patrick Lumumba will deliver the University of Ilorin's 50th-anniversary lecture. The event features a N500bn endowment fund and a Nollywood premiere. Don't miss this historic celebration!

Olaogun Community Launches N300m Health Fund

Olaogun community in Agbado, Ogun State, is set to raise N300 million for its health centre during the Olaogun Community Day on November 29, 2025. Join the initiative for better healthcare.

$800,000 Oxygen Investment in Cross River Health

Federal Government and NACA unveil $800,000 oxygen infrastructure in Cross River health facilities, enhancing emergency care services across the state. Discover how this investment transforms healthcare delivery.

Ogun Creates Women Trust Fund to Fight Poverty

Ogun State government institutionalizes Oko'wo Dapo scheme into Women Trust Fund to empower women economically. 105,000 beneficiaries targeted across four LGAs with training and resources.

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