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Monday, January 25, 2021

Elumelu’s Firm Buys Shell, Total, ENI Stakes In Oil Block

Shell Petroleum Development Company of Nigeria Limited, Total E&P Nigeria Limited and Nigerian Agip Oil Company Limited assigned their interests of 30 per cent,...

Downstream Infrastructure Rehab: NNPC Harvests Bids from 96 Reputable Firms from Various Jurisdictions for...

Buoyed up by the culture of Transparency, Accountability and Performance Excellence (TAPE) of the current NNPC management, no fewer than (96) prominent and reputable...

Ardova Plc Positions to Acquire Enyo Retail and Supply Limite

A leading Nigerian integrated energy company, and the shareholders of Enyo Retail and Supply Limited (“Enyo”) have entered discussions relating to AP acquiring Enyo. Enyo...

NNPC Restates Commitment to OPEC+ Agreement …To Focus More on Gas, Condensats for...

The Nigerian National Petroleum Corporation (NNPC) has reiterated its commitment to abide by the output cut agreement of the Organization of the Petroleum Exporting...

Pwc Reports Shows Nigeria, others’ll lose $1tn Oil Revenue In 20 Years

Nigeria and other African oil-producing countries will lose an estimated N1tn in oil export revenues over the next 20 years as prices are forecast...

NERC Says No 50% Electricity Tariff Increment

The Nigerian Electricity Regulatory Commission (NERC), on Tuesday, January 5, has denied news going around some section of the media that it has increased...

Seplat Signs Crude Purchase Agreement with Waltersmith

Seplat Petroleum Development Company Plc, a Nigerian independent energy company has signed a Crude Purchase Agreement (CPA) with Waltersmith Petroman Oil Limited (Waltersmith). A...

Eterna  To Sell Equity Stakes To New investor

Eterna Plc has announced the decision of some of its shareholders to sell equity holdings in the company to a “new investor.” In a statement,...

NNPC Set to Deepen Compliance with EITI Standards …Appoints EITI Implementation Programme Manager

In keeping with its resolve to deepen its compliance with the transparency standards dictated by the Extractive Industries Transparency Initiative (EITI) as a Supporting...

Oando Foundation To Promote Environmental Education & Sustainable Action In Schools & Communities

Oando Foundation (OF), an independent charity, has initiated a project to promote environmental education and sustainable action for pupils in target schools and host...

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Fidelity Bank Hosts National Capacity Building Webinar For SMEs Maiden Enugu Edition To Empower...

Fidelity Bank Plc, top Nigerian lender is set to organise a National Capacity Building Webinar For Small Medium Enterprises (SMEs) in the country. The...

N1.3billion Debt: AMCON Takes Over Assets Of Inducon Nigeria Limited

Following the order of Honourable Justice Aikawa of the Federal High Court, Lagos the Asset Management Corporation of Nigeria (AMCON) at the weekend took...

Incubator Reality set to disrupt Nigerian startups with over N1 billion

The Incubator Reality has created a lifeline to leapfrog and disrupt Nigerian start-ups to increase their capacity and access to funding via a novelty...