UK Allows New Oil and Gas Drilling in North Sea
Britain's Labour government signals a policy shift, permitting limited oil and gas extraction in existing North Sea fields despite a prior ban on new licenses. Discover the details.
Category : Search result: energy transition plan
Deadly Russia-Ukraine strikes amid peace plan talks
Russia and Ukraine trade deadly attacks as US President Trump's peace proposal faces European resistance. Six killed in Kyiv, three in Rostov. Updated plan aims to uphold Ukrainian sovereignty.
Tinubu: 1,000 Businesses Planned for Every Ward
President Bola Tinubu announces a plan to establish 1,000 active businesses in each of Nigeria's 8,809 wards to stimulate grassroots economic growth, job creation, and skills acquisition.
Fintiri Inaugurates National Livestock Council
Adamawa State inaugurates the National Council on Livestock Development, a major step to boost Nigeria's economy, ensure food security, and reduce herder-farmer conflicts.
Zegna CEO Steps Down After Two Decades
Italian fashion giant Ermenegildo Zegna announces leadership transition as Gildo Zegna hands CEO role to finance director. Stock falls amid changes.
COP30 Delivers Climate Finance Boost, Skips Fossil Fuel Plan
COP30 concludes with $1.3 trillion annual climate finance target by 2035 but fails to adopt fossil fuel transition roadmap. Key outcomes include adaptation funding tripling and just transition mechanism.
COP30: $1.3 Trillion Climate Finance Deal Reached
COP30 concludes with historic $1.3 trillion annual climate finance commitment by 2035, but fails to deliver fossil fuels transition roadmap. Key outcomes for Nigeria analyzed.
Russia seizes 3 Ukrainian villages as Geneva talks begin
Russia announces the capture of three more villages in eastern Ukraine. The advance comes as international officials gather in Geneva to discuss a controversial US peace plan for ending the war.
Trump's Ukraine Peace Plan Faces Geneva Test
US President Trump signals flexibility on Ukraine peace proposal as Geneva talks approach. Kyiv seeks changes to plan requiring territorial concessions and NATO restrictions. Read latest developments.
Biblical Principles: Antidote for Marital Crises
Marriage counsellor Shola Faphounda urges couples to adopt biblical principles to combat marital crises. Discover the key insights from a new book launch in Akure.
Trump's Ukraine Peace Plan Requires Land Concessions
White House reveals 28-point peace proposal requiring Ukraine to cede territory to Russia and limit military size. Plan includes NATO restrictions and territorial recognition.
US Peace Plan for Ukraine-Russia War Unveiled
White House confirms Trump administration's peace proposal for Ukraine conflict, calling it beneficial for both sides despite concerns it favors Moscow. Read details.
NACO Coordinator Olusegun Awolowo Dies at 62
Nigeria mourns the passing of Olusegun Awolowo, National Coordinator of Nigeria AfCFTA Coordination Office. Tributes pour in for the dedicated public servant who served three presidents. Learn about his legacy.
Ukraine to Work with US on Russia War End Plan
Ukraine agrees to develop US-drafted peace plan with Russia. Proposal includes territorial concessions and military reductions. Zelensky to discuss with Trump.
Ex-NEPC Boss Olusegun Awolowo Passes Away at 62
Nigeria mourns Olusegun Awolowo, former NEPC executive director and grandson of Chief Obafemi Awolowo, who died at 62. Read about his legacy in Nigerian trade and public service.
Niger Delta Demands Urgent Oil Spill Remediation
Stakeholders urge the Federal Government to immediately remediate Niger Delta oil spills, enabling a return to agriculture and economic diversification ahead of the global energy transition.
COP30: Urgent Call to Accelerate Paris Agreement
At COP30 in Brazil, UN and global leaders issue a stark warning: the Paris Agreement is lagging behind the climate crisis. They demand immediate, tangible action for a faster energy transition.
UN Endorses Trump's Gaza Plan, Authorises Force
The UN Security Council has endorsed a US-drafted resolution backing President Trump's Gaza peace plan, authorising an international stabilisation force. Read the full details and reactions.
Africa Receives Only 2.3% of $2.4trn Clean Energy Funds
Global renewable investment hits $2.4 trillion but sub-Saharan Africa gets only $18 billion, raising concerns about energy transition inequality. Nigeria and oil-dependent economies face urgent need to adapt.
UN Council to Vote on Trump-Backed Gaza Stabilisation Plan
The UN Security Council is set for a crucial vote on a US-drafted resolution endorsing Donald Trump's Gaza peace plan, including an international force. A failure to act could lead to renewed fighting. Read the full details.
Nigeria Plans 500 CNG Stations via Gas Fund
Federal Government confirms 500 CNG stations will be built across Nigeria using MDGIF funds. Project aims to support one million CNG vehicles by 2027, reducing petrol dependence.
Career Planning Guide for Nigerian Professionals
Learn how to create an effective career plan that works in Nigeria's challenging job market. Step-by-step guide to career success with practical tips for 2025.
MTN Tariff Plans 2025: Best Options & Migration Codes
Discover the best MTN tariff plans for calls and data in Nigeria. Learn migration codes to switch plans easily and save money on your mobile expenses.
Burberry Narrows Loss to £26M on Turnaround Strategy
British luxury brand Burberry slashed its first-half losses to £26 million, crediting its 'Burberry Forward' revival plan. Sales dipped 5% to £1.0 billion amid weak Chinese demand. Read more.
German experts cut 2026 GDP forecast to 0.9%
German economic experts criticize the government's €500bn spending plan, warning it will provide only a minor boost to the struggling economy. They have cut the 2026 GDP growth forecast to 0.9%. Read more for the full analysis.
AXA Mansard Introduces International Medical Plan iMED
AXA Mansard Health launches iMED, providing Nigerians with global health insurance coverage in over 11,000 hospitals worldwide including US and UK facilities.
Buffett to Step Down as Berkshire CEO, Holds Shares
Warren Buffett confirms he will step down as Berkshire Hathaway CEO at year's end but will retain a significant stake. Read about the leadership transition.
Nigerian Veterans Support Trump Military Plan
Three retired Nigerian military officers have publicly endorsed former US President Donald Trump's consideration of sending American soldiers to help tackle Nigeria's security challenges, citing worsening conditions under current administration.
Africa's $2.2T Energy Mobility Revolution
Industry leaders reveal how Africa's shift to sustainable energy could unlock $2.2 trillion in economic benefits while solving transportation and power challenges.
Matrix Energy Appoints Umunna as Group DMD
In a strategic move to accelerate growth, Matrix Energy Group has announced the appointment of Chukwunonso Umunna as Group Deputy Managing Director, bringing over 15 years of energy sector expertise to drive the company's expansion agenda across Nigeria a
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