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Monday, October 14, 2019

CBN Says DisCos’ Remittance Condition For N600 Billion Disbursement

The Central Bank of Nigeria (CBN) has warned would-be beneficiaries of the N600 billion power sector intervention fund that the disbursement of the fund...

Oando Announces that the NNPC/NAOC/OANDO Joint Venture has made Significant Gas & Condensates Discovery...

Oando Plc, through its Upstream subsidiary Oando Energy Resources (OER) is pleased to announce that the NNPC/NAOC/OANDO Joint Venture (NNPC 60%, Oando 20% and...

NNPC/NAOC/OANDO JV Makes Significant Gas & Condensates Discovery In Nigeria

NAOC, an affiliate of Italian corporation, Eni has made significant gas and condensates discovery onshore in the Niger Delta through its joint...

Oando Visits Prime Minister of Sao Tome & Principe: Commits to Further Cooperation

 The Chief Operating Officer, Dr. Ainojie Alex Irune and General Manager, Commercial, Akinbambo Ibidapo-Obe, of Oando Energy Resources (OER), the upstream subsidiary of Oando...

Seplat wins Outstanding Indigenous Contributor to Gas Development award

Seplat Petroleum Development Company Plc, an independent oil and gas exploration and production company incorporated and operating in Nigeria, has been honoured with the...

ANED Says MAP, Siemens pact positive interventions for power sector’

The Association of Nigerian Electricity Distributors (ANED) has praised the Federal Government and Siemen agreement and the Meter Asset Provider (MAP) programme, describing such initiatives...

LNG projects in Nigeria to attract $103bn

Liquefied Natural Gas projects in Nigeria, Egypt, Mozambique and elsewhere on the African continent are expected to attract nearly $103bn investments this year. According to...

Electricity Consumers To Pay More In Nigeria

The Federal Government through the Nigerian Electricity Regulatory Commission has increased the tariff payable by power consumers across the country. Findings from various documents obtained...

NEPAL Expands Operations Into Aviation Space

NEPAL Oil and Gas services Ltd., one of the leading indigenous companies operating in Nigeria’s Downstream Oil & Gas Sector has recently ventured into...

Adequate technology adoption will check poor forecast, risks in oil industry- Seplat

The Executive Operations Director at Seplat Petroleum Development Company Plc, Mr. Effiong Okon, has said the right adoption of contemporary technologies like Artificial Intelligence (AI),...

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Dangote Flour Shareholders Approves Crown Flour N24 Buy-Out Offer… Voluntary Delisting To Follow

Shareholders in a Court Ordered Meeting (COM) in Lagos on Monday October 14, 2019, approved the offer of Crown Flour Mills Limited (CFML)  a subsidiary...

SEC Restates Commitment to Sustainable Financing

The Securities and Exchange Commission, SEC, remains a strong advocate for the promotion of infrastructural development through sustainable financing.  This was stated by Acting...

₦5 Trillion AMCON Debt: Finance Minister, BPP, ICPC, Others Join Recovery Campaign

Minister of Finance, Mrs Zainab Shamsuna Ahmed has charged the management of Asset Management Corporation of Nigeria (AMCON) led by Mr. Ahmed Kuru,...