Business
Rosatom signs “Breakthrough” deal to manufacture unique equipment for Project BREST-OD-300 Nuclear Power Unit
Rosatom signs “Breakthrough” deal to manufacture unique equipment for Project BREST-OD-300 Nuclear Power Unit

CKBM and Siberian Chemical Combine (SCC), the Fuel Division of Rosatom the world’s largest producer of enriched uranium, have just signed a major nuclear power contract. The international deal is for the manufacturing and supply of main technological equipment of the reactor installation of BREST-OD-300 power unit on site the SCC in Seversk, Tomsk Region, West Siberia.
SCC and CKBM (an enterprise of the machine-building unit of Rosatom) will handle the manufacturing of equipment for the refuelling complex, while production, supply and installation supervision of steam generators for the reactor facility will be provided by ZiO-Podolsk Machine-Building Plant.
Most of the technical solutions for the BREST-OD-300 reactor installation itself and its main equipment are innovative and have never been applied at any nuclear facility anywhere in the world. . The equipment of the reactor must ensure operations during the entire service life remain at high temperatures as well as high fluxes of ionizing radiation in the flows of heavy liquid-metal coolant. The structural materials must also have high corrosion and radiation resistance.
Unlike NPPs with light-water VVER reactors, where refueling is performed at “cooled” reactor, the BREST-OD-300 project provides that these operations will be carried out at the temperature of the liquid-lead coolant of the primary circuit over 400° C. Before loading into the core, the fuel assemblies will be heated up in a special chamber and then placed into the core filled with a melt of lead coolant.
To further ensure fail-safe operation under extreme conditions, Rosatom has carried out extensive R&D, design and engineering, selection of unique materials, modelling of the processes and drawing the final technical projects. The production will take 3-4 years, while final installation of the main equipment should be completed in 2025.
“The special thing about all facilities of the Experimental Demonstration Energy Complex in Seversk is that all the key equipment, including the BREST reactor facility and the units for nuclear fuel fabrication and reprocessing, are absolutely unique at the global scale”, said Natalia Nikipelova, President of TVEL Fuel Company.
The power unit with an installed electric capacity of 300 MW with an innovative fast neutron reactor is the key facility of the experimental demonstration energy complex (EDEC), which is under construction at the site of Siberian Chemical Combine as part of the strategic “Proryv”, or the “Breakthrough” project. In addition to the power unit, the EDEC will include the on-site closed nuclear fuel cycle, embracing the unit for fuel fabrication (re-fabrication) of mixed nitride uranium-plutonium nuclear fuel, as well as the unit for irradiated fuel reprocessing. The “Breakthrough” project is aimed at development of the new technological platform of the nuclear power industry capable of solving the current issues of handling and storage of spent nuclear fuel and waste.
TVEL Fuel Company of Rosatom (Fuel Division of Rosatom State Corporation) includes facilities for nuclear fuel fabrication, uranium conversion and enrichment, gas centrifuges manufacturing, as well as research and development enterprises. Being the sole supplier of the Russian nuclear power plants, TVEL provides fuel for 75 power reactors in 15 countries in total, research reactors in nine countries, as well as reactors of the Russian nuclear vessels fleet. Every sixth commercial reactor in the world runs on TVEL fuel. The Fuel Division of Rosatom is the world’s largest producer of enriched uranium.
The Fuel Division is dynamically developing new businesses in the field of chemistry, metallurgy, energy storage, additive manufacturing, digital solutions, as well as decommissioning of nuclear facilities. TVEL’s corporate structure also includes the Rosatom’s integrator companies for development of additive technologies and energy storage systems.
Business
PUBLIC NOTICE*: Revalidation of UNIPGC Organizational Status
*PUBLIC NOTICE*: Revalidation of UNIPGC Organizational Status
To prevent any misunderstanding regarding our affiliation with the United Nations, we hereby provide a formal clarification on the status and identity of the United International Peace and Governance Council (UNIPGC), formerly known as IPGC.
UNIPGC is an independent Civil Society Organization and Non-Governmental Organization with continental chapters registered in the United States, Germany, Canada, and several countries across Africa. The organization is committed to promoting the values and principles of the United Nations, particularly in advancing Sustainable Development Goal 16 (Peace, Justice, and Strong Institutions), as well as advocating for good governance globally.
In furtherance of its mandate, UNIPGC has established partnerships with reputable diplomatic civil society organizations, including the United Nations Association of Nigeria and the United Nations Association of Ghana. These collaborations are aimed at strengthening its engagement with initiatives aligned with United Nations ideals.
Additionally, UNIPGC has entered into diplomatic relations with the International Organization for Economic Development (IOED), an Intergovernmental Organization (IGO), to enhance its capacity for international cooperation and diplomatic engagement.
We wish to clearly state that UNIPGC is **not** an entity, agency, or organ of the United Nations.
Members of the public and media practitioners are respectfully advised to refer to the organization by its full and correct name: **United International Peace and Governance Council (UNIPGC)**, and not as the United Nations.
Thank you.
Business
Laffmattazz Announces Strategic Partnership with First Bank of Nigeria Limited for 2026 International Tour
Laffmattazz Announces Strategic Partnership with First Bank of Nigeria Limited for 2026 International Tour
Laffmattazz, one of Nigeria’s foremost comedy and live entertainment brands, is pleased to announce its official partnership with First Bank of Nigeria Limited for the highly anticipated Laffmattazz 2026 International Tour, themed “Next Chapter: A New Season of Laughter.”
Now in its 15th year, Laffmattazz—the brainchild of renowned Nigerian comedian Gbenga Adeyinka (Gbenga Adeyinka 1st)—has evolved into a cultural phenomenon, celebrated for its seamless fusion of comedy, music, and live stage performances.
The 2026 tour, which kicked off on Easter Sunday, April 5th, 2026 at the Jogor Centre, Ibadan, marks a significant milestone in the brand’s journey. Building on over a decade of success across Nigeria, this year’s edition signals a bold expansion into the international market, with a multi-city run in Canada, alongside major stops in Akure, Abeokuta, and Lagos.
This strategic partnership with First Bank of Nigeria Limited underscores a shared commitment to excellence and innovation. It is also aligned with FirstBank’s First@Arts initiative—a significant and ongoing program dedicated to supporting the creative arts, entertainment, and cultural sectors. Through this initiative, FirstBank provides financing, advisory services, and actively fosters a sustainable value chain for artists and creative entrepreneurs, while supporting key industry platforms such as the Nigerian Entertainment Conference.
Speaking on the collaboration, the Laffmattazz team stated:
“We are delighted to welcome First Bank of Nigeria Limited as a strategic partner for the Laffmattazz 2026 International Tour. As we mark 15 remarkable years of Laffmattazz, this partnership reinforces our vision to take premium Nigerian entertainment beyond borders, while delivering even bigger, better, and more memorable experiences for our audiences.”
As a key partner, First Bank will enrich the tour through innovative customer engagement initiatives, experiential activations, and exclusive fan experiences across all tour locations.
With its distinctive blend of humor, culture, and live entertainment, the Laffmattazz 2026 Tour is poised to connect audiences across cities and continents, bringing laughter to thousands of fans worldwide.
⸻
About Laffmattazz
Laffmattazz is a premier Nigerian comedy and entertainment brand, now in its 15th year, renowned for its vibrant live shows and nationwide tours. Founded by Gbenga Adeyinka 1st, the brand continues to deliver high-quality experiences that celebrate creativity, culture, and laughter.
About First Bank of Nigeria Limited
First Bank of Nigeria Limited is Nigeria’s oldest financial institution, widely respected for its legacy of trust, innovation, and customer-centric financial solutions that support economic growth and development. Through its First@Arts initiative, the Bank continues to play a pivotal role in empowering the creative industry and driving sustainable growth across the sector.
Business
MREIF is Better: FirstBank’s Mortgage Loan Is the Game-Changer for Home Ownership in Nigeria
MREIF is Better: FirstBank’s Mortgage Loan Is the Game-Changer for Home Ownership in Nigeria
Anyone who has tried to get a loan to buy a house in Nigeria knows the drill: endless forms, property valuation, and eventual down payment of a minimum 25% or more on the property. Sometimes, interest rates could go as high as 30% per annum, while the typical loan limit is N50 million.
Now, FirstBank is making homeownership more attractive.
FirstBank, in partnership with the Ministry of Finance Incorporated (MOFI), has introduced the MREIF Home Loan. MREIF loan is a game-changer, offering a single-digit interest rate of 9.75% per annum, with a loan amount of up to ₦100 million and a repayment period of up to 20 years. This is perfect for salaried individuals, including Nigerians in the diaspora, looking to purchase homes in approved locations.
The MREIF loan stands out with its lower interest rate, higher loan amount, and flexible equity contribution as low as 10%. This makes it an attractive option for those seeking affordable homeownership.
You are one quick decision away from being a landlord.
If you’ve been waiting for the right time to buy a home, FirstBank’s MREIF Home Loan is the smartest route to owning property in Nigeria today. Visit the FirstBank website https://www.firstbanknigeria.com/personal/loans/mreif-home-loan/ to get started.
-
news4 months agoWHO REALLY OWNS MONIEPOINT? The $290 Million Deal That Sold Nigeria’s Top Fintech to Foreign Interests
-
celebrity radar - gossips3 months agoDr. Chris Okafor Returns with Power and Fire of the Spirit -Mounts Grace Nation Altar with Fresh Anointing and Restoration Grace on February 1, 2026
-
celebrity radar - gossips6 months agoEnd of an Era: Nigeria Mourns Evangelist Dr. Uma Ukpai, 80
-
celebrity radar - gossips4 months agoProphet Kingsley Aitafo Releases 2026 Prophecy: ‘Nigeria Will Rise, but the World Must Prepare for Turbulence’


