Business

UNDP, AFS Hub Train 200 Women and Youths in Renewable Energy Systems

Published

2 years ago

December 1, 2024

OCHEFA

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The United Nations Development Programme (UNDP), in collaboration with AFS Vocational Hub, has announced the training of 200 youths and women in renewable energy systems through the Comprehensive Vocational Training in Renewable Solar Energy Systems (VTRES) initiative.

AFS Vocational Hub Programme Manager Ndueso Eno, in a statement on Sunday, said the initiative is targeted at tackling unemployment and driving the nation’s transition to clean and sustainable energy solutions.

While a total of 1,000 beneficiaries are expected to participate in this initiative, the first 200 participants are being trained on the design, installation, operation, and maintenance of solar photovoltaic (PV) systems.

The program aligns with the United Nations Sustainable Development Goals (SDGs) 7 (Affordable and Clean Energy), 8 (Decent Work and Economic Growth), and 9 (Industry, Innovation, and Infrastructure).

The eight-week training, which officially commenced on Monday, October 7, 2024, at AFS Vocational Hub, integrates instruction on solar PV systems with entrepreneurship, soft skills, and digital marketing, thereby promoting economic inclusion and growth.

UNDP National Programme Specialist Lady Clare Henshaw said the program was designed to empower young people, unemployed and underemployed individuals, women, and persons with disabilities, equipping them with critical skills to actively engage in the renewable energy sector.

She encouraged participants to seize the opportunity and highlighted the global shift towards a greener economy, with solar energy emerging as a leading source.

“This training is a vital step towards achieving sustainable development in Nigeria. By empowering youths and women with practical skills in renewable energy, we are not only tackling unemployment but also driving the nation’s transition to clean and sustainable energy solutions,” she added.

The Managing Partner of AFS Vocational Hub, Babafemi Oladosu, said, they are proud to partner with UNDP Nigeria to provide quality vocational training that equips participants with the tools they need to succeed.

The provision of startup packs ensures they can immediately apply their skills and start building careers in this critical sector.”

Business

Enugu Air Begins London Gatwick flights From December 10, 2026

The Enugu State-owned airline will use an Airbus A330-200 leased from Portugal-based EuroAtlantic under an Aircraft, Crew, Maintenance and Insurance (ACMI) arrangement.

Published

2 hours ago

November 8, 2026

OCHEFA

17 Views

Enugu Air will begin direct flights to London Gatwick on December 10, 2026, with four services weekly.

Tickets are already available for booking.

The Enugu State-owned airline will use an Airbus A330-200 leased from Portugal-based EuroAtlantic under an Aircraft, Crew, Maintenance and Insurance (ACMI) arrangement.

The service is being delivered through a strategic partnership with Omni-Blu Aviation (OBA).

The airline said the service will improve international travel connectivity for passengers departing from Lagos, Enugu and other parts of Nigeria.

Passengers from Enugu will be able to begin their international journey to London from their home airport, Akanu Ibiam International Airport.

The four weekly flights are expected to give travellers greater flexibility between Nigeria and the United Kingdom.

Enugu Air Chief Executive Officer Captain Tolu Ita said: “The commencement of our London Gatwick service reflects our commitment to expanding international connectivity and the vision of His Excellency, Governor Peter Mbah, to connect Enugu to more opportunities across the world.”

He added: “Of particular importance is ensuring that passengers from Enugu can begin their international journey to London from their home airport, Akanu Ibiam International Airport. We are proud to make the journey from Enugu to London Gatwick a reality for our passengers.”

Business

Naira Exchange Rates Thursday, 5 Nov 2026

Published

3 days ago

November 5, 2026

OCHEFA

159 Views

BLACK/ PARALLEL MARKET RATES

₦1400DOLLAR (USD)

₦1830POUND (GBP)

₦1515 EURO (EUR)

₦950 CANADIAN DOLLAR (CAD)

₦70 SOUTH AFRICAN RAND (ZAR)

₦350 UAE DIRHAM (AED

₦190 Chinese YUAN (CNY)

₦100 Ghanaian CEDI (GHS)

West African CFA ₦2240 (XOF)

Central African CFA ₦2180 (XAF)

₦820 Australian Dollar AUSSIE (AUD)

Business

NNPCL wants to sell 10% equity via IPO on NGX, LSE

NNPC is expected to spend at least the whole of 2027 preparing for the proposed offering, with the listing primarily intended to strengthen corporate transparency and governance in line with Nigerian law.

Published

4 days ago

November 4, 2026

OCHEFA

204 Views

The Nigerian National Petroleum Company Limited (NNPC Ltd.) is considering selling between 5% and 10% of its equity through a potential initial public offering (IPO), with the proposed listing expected to focus primarily on Nigeria’s domestic capital market.

The Group Chief Executive Officer of NNPC Ltd., Bashir Bayo Ojulari, disclosed this in an interview with Reuters on Tuesday, November 3, 2026, adding that the company could also pursue a secondary listing in London or New York.

The disclosure comes shortly after the Dangote Petroleum Refinery’s IPO closed on October 27, following a two-week extension of its subscription period from the initial October 13 deadline.

Ojulari indicated that raising additional capital would be a secondary consideration rather than the main reason for going public.

The company is also considering listing some of its subsidiaries separately, following a model adopted by Abu Dhabi National Oil Company (ADNOC), the United Arab Emirates’ state-owned oil company.

Beyond the potential IPO, Ojulari disclosed that Chinese companies have expressed interest in acquiring equity stakes in some of NNPC’s smaller refineries, particularly the Port Harcourt and Warri facilities, which require substantial rehabilitation.