August 31, 2026
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BUSINESS

BUSINESS

UBA, Redtech, MoMo PSB Launch Interoperability Deal to Expand Cardless Payments in Nigeria

United Bank for Africa, Redtech, and MoMo PSB have unveiled a new payment interoperability partnership aimed at expanding seamless, cardless transactions for consumers and merchants across Nigeria. The collaboration integrates Redtech’s payment infrastructure with UBA’s extensive merchant network and MoMo PSB’s mobile wallet ecosystem, enabling customers to make payments
BUSINESS

NNPC Completes OB3 River Niger Crossing, Boosts Gas Transmission Capacity by 2bcf/d

The Nigerian National Petroleum Company Limited has announced the successful completion of the River Niger crossing on the Obiafu-Obrikom-Oben (OB3) Gas Pipeline, unlocking an additional 2 billion standard cubic feet per day (2bcf/d) in gas transmission capacity. The development was disclosed in a statement issued on Thursday by the company’s Chief Corporate Communications
BUSINESS

NMDPRA approves F-500 Encapsulator Agent for oil depots, pipelines with strict three-year terms

The Nigerian Midstream and Downstream Petroleum Regulatory Authority has approved the F-500 Encapsulator Agent fire suppressant for use across midstream and downstream petroleum operations, subject to strict three-year conditions and regulatory monitoring. The fluorine-free agent is now cleared for deployment in depots, pipelines and processing facilities, the NMDPRA said