News
Shell Supports Nigerian Firms with $1.9Bn Contracts

Shell companies in Nigeria have awarded contracts amounting to $1.9 billion to registered Nigerian contractors within a year.
According to a 2023 Shell Briefing Note, the oil multinational also paid $1.36 billion in corporate taxes and royalties to the Federal Government in 2022.
Additionally, the oil firm contributed $79.77 million to the Niger Delta Development Commission (NDDC) during the same period.
Discussing the companies’ operations during the review period, Osagie Okunbor, country chair of Shell Companies in Nigeria, emphasized the firm’s ongoing commitment to Nigeria and its dedication to enhancing the well-being of host communities.
He noted that the Shell Petroleum Development Company (SPDC), Shell Nigeria Exploration and Production Company (SNEPCO), and Shell Nigeria Gas (SNG) invested $34.29 million in direct social initiatives in 2022.
Further, Okunbor stated that the company has set aside an additional $56.13 million, to be contributed in 2023 by SPDC and SNEPCo, as a statutory contribution to the Host Communities Development Trusts (HCDT) for the benefit of local communities.
Okunbor expressed concern about the persistent problem of crude theft and vandalism, describing it as “a serious threat to our country.”
Regarding renewable energy, the briefing note revealed that the companies committed $200 million to supporting AllOn as a renewable impact investment.
These companies also provided funds for AllOn’s expansion of the DART program and committed an additional $23 million for investment in renewable energy to be paid to AllOn Energy Company.
Regarding investments in the education sector, the note highlighted that 3,500 university grants have been disbursed, and 990 cradle-to-career scholarship grants have been awarded by companies, including Shell Nigeria Gas (SNG), since 2016.
The companies have also assisted Lagos and Bayelsa States with educational infrastructure projects valued at approximately $15 million.
The note further stated that over 92,000 individuals have benefited from the company’s Community Health Insurance scheme since its inception in 2010.
Additionally, 220 Nigerian individuals were recipients of the Shell Live Wire entrepreneurship programme.
The companies employ around 2,500 individuals, with 97 per cent being Nigerian nationals.
Moreover, approximately 10,000 contractors are supporting the operations of these companies. To aid the victims of the devastating flood that occurred in 2022, Okubor announced that Shell donated $1 million to those affected by the flood.
News
PalmPay Launches CSR Initiatives to Empower Women, Foster Financial Literacy in Northern Nigeria

In a strategic move to expand financial inclusion in Nigeria, leading mobile banking platform, PalmPay has launched a series of CSR programs across Kano and Kaduna. The CSR initiative named “Passing the Baton” represents the brand’s commitment to passing on knowledge and providing the resources individuals and businesses need to achieve financial independence and drive economic empowerment.
This initiative is a bold move by PalmPay to bridge the opportunity gap in the North by providing financial literacy training and micro-business branding support to 5,000 women-owned businesses in Kano and Kaduna. This strategic initiative reaffirms PalmPay’s commitment to inclusive development and economic empowerment, particularly in underserved regions.
“At PalmPay, we believe that real financial inclusion must be far reaching and cover the grassroots,” said Chika Nwosu, Managing Director of PalmPay. “Our new CSR program is focused on supporting gender equity by equipping women with the knowledge, tools, and visibility they need to thrive as entrepreneurs in their communities.”
Through this initiative, beneficiaries will receive free health insurance, hands-on training workshops, enhanced store branding to boost visibility, and branded merchandise to strengthen their business presence.
The initiative is part of PalmPay’s broader strategy to extend its innovative solutions, expand its footprint in Northern Nigeria, while building sustainable partnerships with local stakeholders for long-term impact.
In a show of support, His Royal Highness, the Emir of Kano, Dr. Muhammadu Sanusi II, has endorsed the initiative, calling on other stakeholders to join forces with PalmPay in ensuring the North benefits fully from the growing digital economy. PalmPay has received commendation from community stakeholders, as the initiative aims to serve as a model for similar projects across other northern states.
As PalmPay continues to scale across Nigeria, the company remains committed to bridging the financial inclusion gap and empowering underserved groups, particularly women and youth, through its innovative solutions and impact initiatives.
News
EFCC Witness Admits Writing Off Arik Air’s $2.3M Debt Amid N76Bn Fraud Trial


News
Anambra Shines in 2025 E-Governance Rankings, Setting National Standards

Anambra State has once again demonstrated its leadership in digital transformation, emerging as one of Nigeria’s top three states in the 2025 e-Governance Report published by the Panorama CIAPS Governance Performance Index (CGPI).
According to the report — a collaborative effort between Nigerian Panorama and the Commonwealth Institute of Advanced Professional Studies (CIAPS) — Anambra ranks alongside Lagos and Enugu as the leading states in adopting and implementing e-governance practices that foster accountability, transparency, and improved service delivery.
In his remarks, Professor Anthony Kila, Director of CIAPS, emphasized the importance of e-governance in shaping how governments interact with citizens. “The centrality of e-governance allows us to assess the performance of state governments in the country. How the government treats the digital world says a lot about them,” he said.
The report evaluated states based on a comprehensive set of criteria, including website security, up-to-date content, public engagement, availability of online services, policy updates, and user accessibility. Anambra’s performance reflects the state’s deliberate investment in digital infrastructure and its commitment to leveraging technology as a tool for inclusive governance.
Reacting to the recognition, the Managing Director/CEO of the Anambra State ICT Agency, Chukwuemeka Fred Agbata, CFA, described the report as a welcome validation of the efforts being made under the leadership of Prof. Charles Chukwuma Soludo, CFR, to reposition Anambra as a liveable and prosperous smart mega-city.
“This is not just about being tech-savvy,” Agbata said. “It’s about using digital tools to create real impact — making the government more accessible, responsive, and transparent. Anambra is building a digital future that works for everyone.”
The CGPI Report recommended that all states intensify efforts to train public servants, maintain digital platforms effectively, and build user-friendly systems that keep citizens informed and empowered. For Anambra, this recognition serves both as a milestone and a motivation to scale new heights.
As the journey continues, Anambra remains focused on setting the pace for e-governance in Nigeria in line with the Governor’s mantra of Everything Technology & Technology Everywhere.
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