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Tuesday, April 20, 2021

NNPC Signs $1.5billion Contract for Rehabilitation of PH Refinery …To...

The drive by the Management of the Nigerian National Petroleum Corporation (NNPC) to boost in-country refining capacity was bolstered on Tuesday with the signing...

Ecobank Wins Starsight Sustainability Award 2020

Leading West African Commercial and industrial solar power and cooling provider, Starsight says Ecobank is well placed to be the market leader in the...

How Discos failed to pay N510.53 billion in 2020

Power distribution companies in the country failed to pay a total of N510.53bn for the electricity sold to them in 2020 by Nigerian Bulk...

Nigeria Set to Play Strategic Role in New World Energy Order – Kyari

As the world transits to cleaner energy, the Nigerian National Petroleum Corporation (NNPC) has affirmed Nigeria’s preparedness to play a strategic role in the...

Seplat issues $650 million 5-year Senior Notes

Seplat Petroleum Development Company Plc (Seplat), a leading Nigerian independent energy Company listed on both the Nigerian Stock Exchange (NSE) and the London Stock...

Dr. Ainojie Alex Irune Interview On CNN Connecting Africa, Speaks On Potential Of Renewable...

Dr. Ainojie Alex Irune Chief Operating Officer, Oando Energy Resources,  had an interview on CNN Connecting Africa, Moderated By Eleni Gikos, alongside CEO’s of...

NNPC to Maintain Ex-Depot Price of PMS until Conclusion of Engagement with Labour

The Nigerian National Petroleum Corporation (NNPC) has said it would maintain its current ex-depot price of Premium Motor Spirit (petrol) until the conclusion of...

NNPC Records 80.12% Increase in Trading Surplus in December …Posts Petroleum Products Sale...

The Nigerian National Petroleum Corporation (NNPC) has announced an increase of 80.12% in trading surplus for the month of December 2020 which stands at...

PH Refinery Rehabilitation a Viable Endeavour – Kyari …Provides Justification for $1.5billion Refinery...

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has described the recently approved rehabilitation exercise of the 210,000...

Ardova Seeks Shareholders Approval For N60 Billion Fresh Capital

The Board of Directors of Ardova Plc has decided to seek the approval of shareholders of the downstream oil and gas company for a...

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Unity Bank Posts Assets Growth of 67.90% to N492.02 Billion … As Gross...

Unity Bank Plc grew its assets base to N492.02billion representing a significant increase of 67.90% from the N293.05 billion of total assets value recorded...

Ecobank Announces First 50 Beneficiaries Of Super Reward Scheme

The first set of beneficiaries of Ecobank Nigeria Super Reward scheme has emerged. 50 customers will receive N25, 000 each. The four-month Super Rewards scheme...

VFD Group N4.13Billion Proposed Right Issue Gets SEC Approval

Lagos-based proprietary investment company, VFD Group Plc, has received clearance from the Securities & Exchange Commission (SEC) for the proposed right issue of 7,452,054...