Global natural gas markets are set to remain tight in 2025 as demand continues to rise and supply expands more slowly than before the pandemic and energy crisis, according to the IEA’s latest quarterly Gas Market Report published today. The report, which provides a thorough review of market developments in 2024 and an outlook for 2025, finds that…
Adedolapo Osuntuyi, the Executive Director of the Dolly Children Foundation, has won the African Humanitarian Award in the “Education Champion” category. The award was in recognition of her unrelenting commitment to empowering poor children in Africa via education. The “Education Champion” category recognizes those who have exhibited a strong dedication to improving educational opportunities for…
Diageo Plc, a British multinational alcoholic beverage company, with its headquarters in London, England, has announced the sale of its majority stake in Guinness Ghana Breweries to the Castel Group for $81 million. The transaction will see the UK-based beverage giant part with its 80.4% shareholding in the Ghanaian unit while retaining ownership of its…
“Over 10,000 small-scale welders in Sri Lanka have benefitted from a UNIDO project funded by the Global Environment Facility (GEF) enlightenment campaign on the dangers of polychlorinated biphenyls (PCBs), a chemical use in the welding industry. UNIDO project manager, Carmela Centeno, Head of the Responsible Materials and Chemicals Management Unit, who disclosed this, said that …
Access Bank PLC is convening a distinguished line-up of seasoned speakers, and top executives from leading international banks, Development Finance Institutions (DFIs), and captains of industry in Africa to address the future of commerce across the continent. The convergence – Africa Trade Conference (ATC) themed, ‘Empowering Africa Through Trade, Innovation, and Sustainable Growth’, is scheduled…
Justice Dehinde Dipeolu of the Federal High Court in Lagos has overturned a Mareva injunction that had frozen the assets of General Hydrocarbons Ltd (GHL) and its directors. The court upheld arguments presented by GHL’s counsel, Abiodun Layonu, SAN, asserting that the injunction was in violation of an existing order issued by a court of…
Some time ago, a friend of mine living in Lagos State told me that whenever he is on business travels to Aba, Abia State, he doesn’t drink water or tea neither in the hotel he lodges nor buys from the shops outside. Curiously, I asked him why.? “They are fake products,” he replied. He added,…
From left: Minister of State for Finance, Dr Doris Uzoka-Anite; Minister of Marine Economy, Mr Gboyega Oyetola; chairman, Senate Committee on Finance, Senator Sani Musa; Minister of Industry, Trade and Investment, Dr Jumoke Oduwole; chairman, Federal Inland Revenue Service, Dr Zacch Adedeji; Managing Director, Nigerian Port Authority (NPA), Dr Abubakar Dantsoho; head, National Single Window…
NAFDAC says it has cleaned up and shutdown the Cemetery market Aba regarded as the most dreaded and hitherto safe haven for the largest cartel ring for the manufacture of fake wines and beverages in Africa. NAFDAC also confiscated adulterated wines, fake food, and beverages valued at over N5 billion. Prof Mojisola Adeyeye, the NAFDAC…
Every time you squeeze toothpaste onto your toothbrush, spray perfume on your skin, or swallow a pill, you’re using the result of a carefully crafted recipe made in a lab. These are called formulations. Formulations aren’t just simple mixtures — they’re complex arrangements of ingredients designed to work together in specific ways. Getting the recipe…
