‎‎NAF RECEIVES FIVE NEW HELICOPTERS AS FG ACCELERATES AIRPOWER MODERNISATION. (PHOTO).

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 ‎‎NAF RECEIVES FIVE NEW HELICOPTERS AS FG ACCELERATES AIRPOWER MODERNISATION ‎ The Nigerian Air Force (NAF) has taken delivery of five new helicopters as the Federal Government accelerates efforts to modernize Nigeria’s airpower capabilities and strengthen the Armed Forces’ capacity to respond effectively to contemporary security challenges.  ‎ ‎A statement by the Director of Public Relations and Information Air Commodore Ehimen Ejodame indicates that the platforms comprise three AW-109 Trekker B helicopters  and two H-125 helicopters. ‎ The three AW-109s, which form part of 10 recently acquired by the Federal Government, were received in Lagos on 15 September 2026, with the remaining seven expected to be delivered before the end of 2026. ‎ ‎The Chief of the Air Staff, Air Marshal Sunday Aneke, described the acquisition as another significant milestone in the Federal Government’s sustained investment in the modernization and re-equipment of the NAF noting that the new pl...
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OANDO SECURES LEASE FOR GUARACARA REFINERY IN TRINIDAD. (PHOTO).

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 Oando Secures Lease for Guaracara Refinery in Trinidad


Oando Plc has emerged as the preferred bidder for leasing the Guaracara Refinery in Trinidad and Tobago, outcompeting CRO Consortium and INCA Energy.


Trinidad’s Minister of Energy, Stuart Young, attributed the decision to Oando’s strong financial track record, citing its $1.5 billion acquisition of ConocoPhillips’ assets in Nigeria in 2014.


Young highlighted the financial struggles of Petrotrin, the country’s energy firm, which faced escalating losses from $361.5 million in 2014 to $1.2 billion in 2016, alongside a decline in oil production.


The Cabinet-approved Evaluation Committee, comprising industry experts, shortlisted three companies before selecting Oando Trading DMCC as the preferred bidder.


The government reaffirmed its commitment to protecting Paria Fuel Trading Company’s assets, ensuring fuel supply stability and securing resources during the refinery’s restart.


In January, Oando also secured operatorship of Block KON 13 in Angola, a resource-rich area, further expanding its global energy portfolio.

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