Category : Search result: Critical National Assets


Chappal Energies gets $430m financing for oil assets

Chappal Energies secures a $430 million reserve-based lending package to refinance its acquisition of Equinor's Nigerian assets and fund development. This deal highlights investor confidence in well-structured African upstream projects despite tight capit

Cyber Expert Urges FG to Protect National Infrastructure

Cybersecurity researcher Taiwo Akinremi warns Nigeria's critical infrastructure is vulnerable to global cyber threats. He calls for urgent systemic defence upgrades to protect power, banks, and hospitals. Read the full analysis.

Tinubu Vows to Hunt Down Terrorism Financiers

President Bola Tinubu pledges to target terrorism financiers and armed groups under a new national security doctrine. Read his full statement from the 2026 budget presentation.

Avon Medical Unveils N200m ICU Facility in Lagos

Avon Medical Practice has opened a N200 million state-of-the-art ICU in Lagos, operating 24/7 with a specialist team. This investment aims to provide world-class critical care locally and reduce the need for medical travel abroad.

EU Summit Deadlock Over Russian Assets for Ukraine

EU leaders meet in a crucial summit to unlock €210bn in frozen Russian assets for Ukraine, but face strong opposition from Belgium. Will they find a deal before Ukraine's cash crunch hits?

Two Arrested for Telecom Vandalism in Osun

Osun NSCDC arrests a driver and scrap dealer for vandalising telecom sites in Eripa and Otan Ayegbaju, recovering stolen batteries. Two suspects remain at large. Read more.

Abode Assets Rewards Team with Qatar, Rwanda Training

Abode Assets Limited has concluded an international bootcamp for 16 top associates and customers in Qatar and Rwanda. The program aimed to boost professional skills and global exposure for wealth creation.

EU's Ukraine Funding Plan Exposes Hypocrisy on Colonial Debt

The EU's plan to use €210bn in frozen Russian assets for Ukraine faces legal risks, while ignoring calls for colonial reparations in Africa. This double standard threatens Europe's financial credibility. Read the full analysis.

NASS Confirms Musa, Bans Ransom in Security Overhaul

The Senate and House of Representatives confirm Gen. Christopher Musa as Defence Minister and adopt hard-line anti-terror measures, banning ransom payments and amnesty for terrorists. Read the details.

Senate Debates Single National Emergency Number Bill

The Nigerian Senate is considering a bill to create a single, toll-free emergency number. This unified system aims to replace scattered helplines, improving response times for police, fire, and medical services nationwide.

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.

ADC Set to Harvest 21 Senators, 86 Reps for 2027

The African Democratic Congress (ADC) is reportedly set to receive over 100 National Assembly members ahead of the 2027 polls, with defections hitting APC hardest. Read details of the political realignment.

NCS Imposes Strict Penalties for Age Cheating

National Council on Sports approves sweeping reforms including heavy fines, suspensions for age cheating, new National Intermediate Games, and compulsory insurance for athletes.

Digital Assets Can Make Nigeria a Top-Tier Economy

Finance expert Ochuko Akejagbor proposes a national strategy using digital assets to boost Nigeria's economy, aiming for top-tier global status by 2030 through new commissions and reserves.

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