Appointments - Inside Business Africa

May62026 by info@insidebusinessafricang.comNo Comments

NNPC-Chinese Firms’ Refinery Deal: We’ll Comment After Reviewing MoU, Says PENGASSAN

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The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has said it is reviewing key details in the Memorandum of Understanding (MoU) between the Nigerian National Petroleum Company (NNPC) and two Chinese firms before issuing an official stance. PENGASSAN’s General Secretary, Comrade Jerry Amah, disclosed that the union was taking time to thoroughly study the agreement. He stated that the association would prepare and release its position after completing the assessment. “We are preparing our position after studying the contractual obligations,” Amah said. The review comes amid ongoing discussions about NNPC’s MoU with Chinese companies, which relates to refinery operations, though the union’s statement did not specify any details of the deal. In contrast, th...

May62026 by info@insidebusinessafricang.comNo Comments

Africa Unveils AI Governance Framework, Asserts Digital Sovereignty

Africa, Agriculture, Appointments, Breaking News, Business, Economy, Energy, Finance, Growth & Insight, Health, Industry, Innovation, News, Technology, Technology & Innovation, World

African technology leaders and senior policymakers unveiled the REST-AI Governance Framework at a recent symposium in Abuja on April 30, a watershed moment in continental digital governance. This was disclosed in a statement issued on Tuesday by the lead convener, Haniel Jafaru, who added that it is a comprehensive blueprint for the ethical, secure, and socially accountable development, deployment, and use of artificial intelligence across Africa. “The REST-AI Framework — a sweeping five-pillar blueprint built on 143 action points—marks Africa’s boldest move yet to define the ethical rules of AI on its own terms, rather than inherit them from abroad,” the statement said. The announcement, made before a high-profile audience at Tech Symposium Africa 2026, positions the continent no...

Apr302026 by info@insidebusinessafricang.comNo Comments

NLPC personal plan boosts informal sector growth

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NLPC Pension Fund Administrators Limited has significantly expanded its footprint in Nigeria’s informal economy, reporting a surge in its Personal Pension Plan participants. This growth contributed to the firm’s Assets Under Management rising to N624.95bn as of 31 March 2026, a 5.42 per cent increase from the end of 2025. The strategic push into the informal sector is part of a broader effort to widen financial inclusion for previously underserved groups. Managing Director Samuel Abolarin noted that the firm’s customer-centric model is the engine behind this expansion, stating, “Our customer-focused approach has continued to yield results. A client service feedback assessment conducted in December 2025 showed a satisfaction rate of 93.5 per cent, with no negative feedback recorded.” ...

Apr292026 by info@insidebusinessafricang.comNo Comments

Regulatory Clash Threatening N400bn Telecom Credit Market, Operators Warn

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A growing regulatory dispute in Nigeria’s telecommunications sector is threatening the stability of the country’s estimated N300 billion to N400 billion airtime credit market, with operators warning of risks to consumer welfare and investor confidence. The Association of Licensed Telecoms Operators of Nigeria (ALTON) raised the alarm on Tuesday, saying the unresolved jurisdictional clash between regulatory agencies is already disrupting services that millions of Nigerians rely on for daily communication and informal micro-credit. The airtime credit system, which allows subscribers to borrow airtime or data and repay it on subsequent recharges, has evolved into a widely used survival tool for traders, artisans, and low-income earners with limited access to formal banking credit. AL...

Apr292026 by info@insidebusinessafricang.comNo Comments

China’s Zero-tariff For African Products Takes Effect May 1– Envoy

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he Ambassador of the People’s Republic of China to Nigeria, Yu Dunhai, has assured that the zero-tariff policy for African products into the Chinese markets announced by President Xi Jinping in February will become effective from May 1, 2026. The envoy said this while delivering his address during the official handing over ceremony of the newly completed $56.5 million headquarters building of Economic Community of West African States (ECOWAS) to the President of the ECOWAS Commission, Dr Omar Touray and other dignitaries in Abuja on Tuesday. He said “effective May 1st, China will provide zero-tariff treatment for 100 per cent of tariff lines to all African countries having diplomatic ties with China. “These initiatives are a testament to the continuity and evolution of China’s Afr...

Apr282026 by info@insidebusinessafricang.comNo Comments

PMI Global Summit Series heads to Cape Town

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Following a landmark gathering in Kigali that brought together over 1,000 project professionals, industry leaders, and government officials, the PMI Global Summit Series will take place in Cape Town from 14 to 15 September 2026 at the Cape Town International Convention Centre. Hosted by Project Management Institute (PMI) Sub-Saharan Africa, the Summit has become Africa’s largest platform for advancing project delivery, leadership, and innovation. Cape Town provides a fitting backdrop for this year’s Summit. As one of Africa’s leading hubs for business, infrastructure, and innovation, the city reflects the scale of ambition and execution required to deliver transformative projects across the continent.Building on the momentum of last year’s event in Rwanda, the Cape Town edition will be ...

Apr282026 by info@insidebusinessafricang.comNo Comments

Expert Advocates Community-driven Approach In Malaria Fight

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In commemoration of World Malaria Day, a Nigerian malaria advocate, Odinaka Kingsley Obeta, has called for a shift from conventional awareness campaigns to sustained community-driven interventions in the fight against malaria. He said lasting impact depends on behavioural change and local ownership. Obeta, who leads the initiative Block Malaria Africa, said experience from grassroots engagements across communities showed that awareness alone has not been sufficient to curb the disease, particularly in high-burden areas. He noted that malaria continues to affect livelihoods and education in many Nigerian communities despite years of public health messaging. According to him, interventions in communities such as Jenta Mangoro in Jos demonstrated that involving residents in sanita...

Apr242026 by info@insidebusinessafricang.comNo Comments

Dangote-Honeywell petrochemical deal to boost economy – Stakeholders

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Nigeria’s industrial economy will receive a major boost following a large-scale investment in petrochemicals involving Dangote Refinery and Honeywell UOP, stakeholders in the manufacturing sector have told The PUNCH. The stakeholders noted that the partnership would reduce import dependence, ease pressure on foreign reserves, strengthen the naira, and create significant multiplier effects across industries through backward integration. On 20 April, Dangote Refinery announced that it has entered into a deal to deploy Honeywell UOP’s Oleflex™ technology to produce an additional 750,000 metric tonnes of propylene annually, a key input in packaging materials, consumer goods, and other industrial products. The refinery also plans to produce 400,000 metric tonnes per year of Linear Alkyl B...

Apr242026 by info@insidebusinessafricang.comNo Comments

Dangote plans 650,000bpd East Africa refinery expansion

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Africa’s richest man, Aliko Dangote, has unveiled plans to build another 650,000 barrels-per-day refinery in East Africa, signalling an ambitious expansion of his refining footprint beyond Nigeria as the continent seeks to cut reliance on imported fuel. Dangote disclosed this during a presidential panel at the Africa We Build Summit, organised by Africa Finance Corporation, on Thursday in Nairobi, saying his company is ready to replicate the scale and model of its Lagos-based refinery if governments in the region provide the needed support. Our correspondent monitored the proceedings of the panel session. He sought the support of East African governments to replicate his Nigeria-scale refinery in the region in a move that could reshape fuel supply. His remarks came as Kenya, Ugand...

Apr102026 by info@insidebusinessafricang.comNo Comments

Monarchs, Leaders Urge Unity, Backing For Tantita Pipeline Surveillance, Others Amid NASS Support

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Traditional rulers and community leaders from Nigeria’s oil-producing regions have called for nationwide unity and stronger support for Tantita Security Services’ and others’ pipeline surveillance efforts, even as the National Assembly (NASS) reaffirms its backing for the private security firm’s role in curbing oil theft. They noted that the company’s involvement in pipeline protection has brought noticeable improvements to oil-bearing communities. Speaking on the development, the president-general of the Isoko Development Union (IDU), Christopher Akpotu, lauded the joint committee of the Senate and House of Representatives for dismissing multiple petitions against Tantita, describing the decision as a step in the right direction for the Niger Delta. Reacting to the committee’s fi...