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Trending News: Expert Tasks FG on Designing Domestic Refining Development FrameworkTinubu Mourns Ex-IG AraseFalana Calls on Govt to Extend Free Medical Services to All Indigent Pregnant WomenBREAKING: Family Of BBNaija’s Phyna Announces Passing Of Sister Ruth Otabor After Dangote Truck AccidentFG Unveils New Curricula, Sets New Subject Limits For SchoolsHouse Dismisses Gang Up Against AbbasBreaking: Former IGP Solomon Arase is DeadKatsina Intensifies War against Banditry, Approves Procurement of 700 Motorcycles, 20 Hilux Vehicles 284,000 People Missing Worldwide, ICRC Cries OutDiri Demands Urgent Review of PIA to Resolve Conflicts on Petroleum Industry Trust FundN’ Delta Youths Berate IYC’s Call For Ojulari’s Sack, Label Protest ‘Kangaroo Show’BREAKING: Former Nigerian Police Inspector General Solomon Arase Dies In Abuja HospitalBREAKING: Lagos Police Ban Area, Divisional Commands From Arresting Motorcycle Riders, Say Crackdown Restricted To Task ForceBREAKING: Kaduna Resident Doctors Resume Indefinite Strike Over Unmet DemandsFG Rules Out Sabotage in Recent Abuja–Kaduna Train DerailmentCoast Now Clear for Fubara, State Lawmakers’ Return on Sept 18, Says WikePolice Probe El-Rufai’s ADC, SDP Meeting; Claim Ex-Gov’s Thugs Fired GunshotsAmid Excess Liquidity in Financial Sector, Banks’ Borrowing from CBN Slumps 28.2% to N2.9tn in August 2025Military Rejigs Security Architecture in North-central, Rebrands Operation Safe Haven to Sustain PeaceWith 13% Derivation Revenue Rising 100%, Oil-producing States Receive N620bn in Five MonthsColombian Vice President Begins Three-day Official Visit to NigeriaNorth-east Govs Raise the Alarm over Looming Flood, Food Crisis, Say Emerging Challenges Compounded Insecurity, PovertyUK Initiates Policy to Cut Net Migration, Bans over 100 Occupations from Foreign RecruitmentEmeka Ngige Urges Supreme Court to Accelerate Hearing on Rivers Emergency Declaration CaseData Consumption in Nigeria Hits All-time High in July Despite Decline in Subscriptions , Says NCCColombian Vice-President Begins Three-day Official Visit To NigeriaAdebayo: What Tinubu Seeks Abroad Exists in SDP Manifestoes2027: Obidient Movement Sensitises Nigerians in Imo on Need to Get PVCsWike: Rivers Emergency Rule Expires September 18Abisoye Fagade: Same Power FIRS Has Is What NIHOTOUR WieldsCross-border Crimes: Experts Urge Stronger Controls, Community Trust-building in Northern NigeriaACReSAL National Coordinator Hails Gombe Governor for Setting Pace in Environmental Restoration2027: I’ll Support Any PDP Presidential Candidate, Says Gov BalaSokoto Launches 2025 Tree Planting Campaign to Combat DesertificationFRSC Tasks Special Marshals on Diligence, Pragmatism Edo APC Pledges Fair Primaries for LG Election ATBU ASUU Stages Peaceful Protest Over Lack of Conducive Working Environment PDP Urges Kwara Gov to Review Workers’ Minimum Wage from N70,000 to N150,000CRPP Cautions Okpebholo on State Finance, Donation of N2.5bn to UBTHEXCLUSIVE: Akwa Ibom Governor Eno Accused Of Deducting ‘15% Compulsory Tithe’ From Political Appointees Who Earn Around N450,000 MonthlyGlobacom at 22: How Adenuga Sparked Telecom RevolutionRivers Residents Vote in LG Election, Expect Emergency Rule to End SoonLG Election: Rivers Residents Defy No-movement Order, Cite Economic HardshipShettima: FG Ready To Unlock Nigeria’s Geo-Heritage Sites Potential Through CollaborationUS Revokes Visas of Palestinian Officials Ahead of UN General AssemblyAnambra PDP Elders Warn NWC Against Dissolving State ExcoNSCDC Calls for Collaboration to Tackle Illegal Mining in NigeriaNCDMB Reaffirms Commitment to Promoting Local Content in Oil and Gas Industry ECOWAS Stategises to Get $2.61bn to Fund Standby ForceGombe Gov Arrives Jalingo for 12th North East Governors’ Forum MeetingWife Of Labour Party Candidate, Bright Ngene Incarcerated For 15 Months Appeals For Husband’s ReleaseNigeria, Switzerland Commence Talks on Cultural Cooperation, Repatriation of ArtifactsOtu Hails Tinubu for Establishing South South Development CommissionIs Bayo Ojulari, NNPCL Helmsman, Infallible?Nestle Professional Empowers Food Vendors in Bauchi with ‘Business of Food’ WorkshopWith Renewed Confidence, Stock Market Gains N26.01trn in Eight MonthsJonathan Has Not Ruled Himself Out of 2027 Contest, Says CousinAnkara, Nigerian Fabrics Dominate Spotlight at Parties GloballyIbas Preaches Peace as Rivers Holds Controversial LG Elections Today Sokoto Hit by Another Boat Accident, Several Feared DeadShettima Represents Tinubu at Ex-VP Sambo Son’s Wedding Fatiha in Kano Buckle Up That ChildEtching Footprints on London Art Scene with Hyperrealistic PaintingsCalm Returns After Police, Youths Clash in Lagos CommunityDel-York Creative Academy, YABATECH Partner to Train 10,000 Students in Digital Creativity, AnimationBalmoral Seals Strategic Partnership to Boost Boxing in NigeriaAdebayo: Changes in Security, Poverty, Employment ‘ll Determine If Tinubu Will Contest Presidency in 2027 DOAM Foundation Equips Scholarship Beneficiaries with Resilience, Leadership SkillsFG Clarifies Minister’s Statement on Signed Agreement With ASUUBREAKING: Angry Residents Block Roads, Protest Police Killing Of Unarmed Man In Lagos’ Ibeju-Lekki; Two Others In Critical ConditionFLIP: Oando Foundation Partners QEDA, Others to Improve Foundational Learning in NigeriaBREAKING: South Africa Demolishes Nigerian Developer’s Unlawful Complexes In Tshwane After Court RulingsOborevwori Courts Brazilian Investors, Showcases Delta’s Economic PotentialDSS Charges Nine over Benue, Plateau MassacresShettima: FG Ready To Unlock Nigeria’s Geo-heritage Sites Potential Through CollaborationBREAKING: Bishop Emeritus Of Nsukka Diocese, Francis Emmanuel Okobo, Dies At 89Oyebanji Tasks Ekiti  Elders to Ensure Politicians Play by RulesManufacturers of Military Hardware Call on African Leaders to Prioritise Locally Made Defence ArmamentsResidents Send SOS to Lagos Govt Over Safety Concerns as Construction of Building Threatens Life, PropertyAbiodun Consolidates Gains of Infrastructure Projects in Ogun EastBandits Kill Two, Abduct Several Others in Niger CommunityMartha Agba Empowers Obudu Youths, Women With Business GrantsGbenga Daniel: When Law of Karma BeckonsMarafa Dumps APC, Accuses Tinubu of Betrayal, NeglectFRSC, EFCC Join Forces to End Economic Sabotage, Road Traffic CrashesNigeria to Strengthen Conflict-sensitive Climate AdaptationBREAKING: Three Killed As Suspected Bandits Ambush Motorists In KwaraNCS Cautions Public on Auctioning of Seized ItemsEXCLUSIVE: How Four Policemen Attached To ‘Land Grabber’ Ariori Left Duty Post For Illegal Assignment At Lagos’ Owode Market, Shot Three DeadBREAKING: Suspected Amasiri Warriors Invade Ebonyi Community, Behead Farmer Amid Land DisputeAnambra Massacre: 11 Laid to Rest in EbonyiNEC Moves to Fast-track $1trn Economy, Endorses Renewed Hope Five-Year Economic PlanGDP: Govs Back FG’s $100 Billion Creative Economy Target By 2030Gov Mbah Revamps, Upgrades Nigergas after 30-year DormancyDangote Group, Ethiopia Strike Deal to Build $2.5 Billion Fertiliser PlantOye Cautions on Abrupt Banning of Shea Nuts’ Export, Canvasses Phased Transition PeriodJapan’s Credit Rating Agency Affirms Afreximbank’s A-/Stable RatingAkpabio Inaugurates Projects in Akwa Ibom, Credits Tinubu for Prompt FundingOjulari Pledges Renewed Transparency in NNPC, Says Oil Company Under AttackMinister Bosun Tijani Listed Among 2025 TIME Magazine’s 100 Most Influential Persons on AI
Mon. Sep 1st, 2025

VFD Group Explores Strategic Expansion Into Southern Africa

VFD Group Plc, a leading principal investment company with diverse interests across financial services, infrastructure, energy and technology, is in discussions with GEMCORP ICS, a Dubai-based company with a strong footprint in infrastructure, commodities and services in Africa, to explore investment opportunities in Namibia, specifically in the power sector, as well as the oil and gas sector.

The investment opportunities were conceived after a series of meetings with key government officials, culminating in a meeting with the President of Namibia, Netumbo Nandi-Ndaitwah.

As part of their individual Southern Africa expansion strategies, both VFD Group and Gemcorp perceive Namibia as a gateway economy into the region, due to its political stability, transparent regulatory framework, and compelling business opportunities across multiple sectors.

“We are excited about the identified opportunities in power, logistics, oil and gas,” said Hubert Asamoah, MD of VFD Southern Africa. “Namibia presents a compelling case for long-term, transformational investments that align with both our regional ambitions and our purpose of improving lives by building Africa’s first truly diverse proprietary investment ecosystem.”

“VFD Group comes in its traditional style of long-term investment and partnership aligned with Namibia’s growth agenda,” said Nonso Okpala, Group Managing Director of VFD Group Plc. “Namibia has become home to VFD Group, and we are committed to partnering with the government and people of Namibia to create strategic value for Namibians.”

He added: “The ease of doing business in Namibia under the leadership of President Netumbo Nandi-Ndaitwah is indicative of a country that is open for business and serious about catalysing sustainable development through regional capital flows.”

These promising preliminary discussions signal a new era in Nigeria–Namibia economic cooperation hinged on African-grown capital, private sector participation, and a shared belief in partnerships that build resilient economies and empower people.

The post VFD Group Explores Strategic Expansion Into Southern Africa appeared first on THISDAYLIVE.

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    Expert Tasks FG on Designing Domestic Refining Development Framework

    Expert Tasks FG on Designing Domestic Refining Development Framework

    Hammed Shittu in Ilorin 

    A multi dimensional energy expert, Abdulrazaq Hamzat, at the weekend called on the federal government  to urgently design a Domestic Refining Development Framework (DRDF) that will serve as a pathway to ensure competition and fair market balance in the oil sector of the country. 

    The enery expert however urged the federal government, the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), and the Nigerian National Petroleum Company Limited (NNPC Ltd) to consider the proposed framework to  achieve the desired result in the sector.

    Speaking with newsmen in Ilorin yesterday on the state of the nation,  Hamzat said that,  such designs  would go a long way of boosting local competition and accelerate the socio-economic development of the country.

    According to him,  “Nigeria has conquered one aspect of its petrol challenges with the success of Dangote refinery  but reliance on a single privately owned mega refinery poses long term risks to pricing, supply security, and energy sovereignty therefore calling on government to develop framework for local refining competition.” 

    While commending Dangote’s $20 billion refinery as a landmark private investment, he stressed that true national benefit lies not in monopoly, but in a competitive domestic refining ecosystem.

    According to him, It is unwise to encourage fuel importation just to create competition for Dangote.

    The post Expert Tasks FG on Designing Domestic Refining Development Framework appeared first on THISDAYLIVE.

    ​  

    Hammed Shittu in Ilorin  A multi dimensional energy expert, Abdulrazaq Hamzat, at the weekend called on the federal government  to urgently design a Domestic Refining Development Framework (DRDF) that will serve as a
    The post Expert Tasks FG on Designing Domestic Refining Development Framework appeared first on THISDAYLIVE.

    Continue reading
    Tinubu Mourns Ex-IG Arase

    Tinubu Mourns Ex-IG Arase

    . .Condoles Catholic faithful over demise of ex-Bishop of Nsukka diocese, Francis Okobo

    Deji Elumoye in Abuja

    President Bola Tinubu has commiserated with the Nigeria Police Force (NPF) over the demise of the 18th indigenous Inspector-General of Police (IGP), Solomon Ehigiator Arase, aged 69.
    Arase’s reforms as IGP and later as Chairman of the Police Service Commission brought lasting changes to the force.
    The President, in a release issued by his Adviser on Information and Strategy, Bayo Onanuga, commiserated with the family, friends and associates of the highly resourceful officer.
    President Tinubu acknowledged the dedication of the former IGP to enhancing security in the country, through initiatives such as the Intelligence Response Team, the Complaint Response Unit, and Safer Highway Patrols.
    Reflecting on Arase’s laudable service to the country, the President remarked, “Arase served the police force meritoriously from 1981 to 2016. During his career, he led tactical, operational, and intelligence units, including United Nations Peacekeeping in Namibia, the Commissioner of Police in Akwa Ibom, and the Principal Staff Officer to three IGPs.
    “He was Assistant Inspector General of Police in charge of Force Intelligence Bureau (FIB), and Deputy Inspector General of Police, Force Criminal Investigation Department.
    “After retirement, he continued to serve the nation in various public roles, including as Chairman of the Police Service Commission and as head of the Task Force on implementing the Edo State Anti-Community Development Association Law.
    “His expertise extended to consultancy roles with the Office of the National Security Adviser (ONSA), the European Centre for Electoral Support, the Human Rights Centre at the University of Oslo, and as a member of the Committee on Prevention of Torture in Geneva, Switzerland.
    “I pray for the peaceful repose of the soul of this dedicated security expert, whose experience and contributions will be deeply missed by our nation”.
    Also, President Tinubu expressed sadness over the passing of Bishop Francis Emmanuel Okobo, the pioneer Bishop of the Catholic Diocese of Nsukka, aged 88.
    “As the pioneer Catholic Bishop of the Nsukka Diocese, Bishop Okobo provided uncommon leadership and direction to the Catholic faithful, leading to the Church’s exponential growth in Nsukka Diocese.
    “As a priest and worker in God’s Vineyard, he lived an exemplary and impactful life, building the Church and guiding countless souls with love and wisdom,” the President said.
    President Tinubu commiserated with Bishop Okobo’s family, the Catholic faithful of Nsukka Diocese, and the people and government of Enugu State on the demise of this shepherd of the flock.
    He prayed for the peaceful repose of the revered clergyman’s soul.
    Bishop Okobo was ordained to the Priesthood in 1966 at 29 and served as a priest for 54 years.
    Following his Episcopal Ordination in 1991, he served as the Local Ordinary of the Nsukka Diocese for 34 years.

    The post Tinubu Mourns Ex-IG Arase appeared first on THISDAYLIVE.

    ​  

    . .Condoles Catholic faithful over demise of ex-Bishop of Nsukka diocese, Francis Okobo Deji Elumoye in Abuja President Bola Tinubu has commiserated with the Nigeria Police Force (NPF) over the
    The post Tinubu Mourns Ex-IG Arase appeared first on THISDAYLIVE.

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