27 C
Lagos
Tuesday, January 19, 2021
An explosion at Gbetiokun, OML 40 oil field operated by the Nigerian Petroleum Development Company (NPDC), on behalf of the NPDC/Elcrest Joint Venture has killed seven people. This was disclosed in a statement by the Nigerian National Petroleum Corporation (NNPC), Group General Manager, Group Public Affairs Division, Dr. Kennie Obateru...
Idowu Sowunmi To reaffirm its status as the biggest cement producer in Africa, Dangote Cement has set the pace with the exportation of 27,800 metric tonnes of clinker to a neighbouring African country, Senegal. With this historic maiden voyage from its Export Terminal located in Apapa Port, Lagos at the weekend,...
By Tobiloba Kolawole The Federal Government and State governments in Nigeria are consolidating efforts to take advantage of the far-reaching potentials in the deployment of information and communications technology for social and economic gains. At the opening ceremony of the 6th regular meeting of the National Council on Communications Technology, which...
Godwin Obaseki of the Peoples Democratic Party (PDP) has defeated Osagie Ize-Iyamu of the All Progressives Congress (APC) to secure another four-year term as governor of Edo State. Obaseki was returned elected after scoring highest number of votes in the Saturday poll, said the Returning Officer for Edo State governorship...
African Energy Chamber's Local Content Advisory Committee has held its first meeting, placing local content development at the core of its activities towards the continent's economic recovery. The meeting agreed that with several established markets like Nigeria or Angola and frontier energy markets such as Senegal or Uganda, the oil...
After spending 16 months reviewing data from various the International Oil Companies (IOCs), Kariya Energy Monday announced its readiness to enter into various definitive agreement to acquire upstream and midstream oil and gas assets in African countries. Kariya Energy would pursue profitable small-scale Liquefied Natural Gas (LNG) projects across Africa,...
The Ogun State government has reacted to some media reports that erroneously claimed the state generated merely Seventy billion, nine hundred and twenty two million, five hundred and ninety thousand, four hundred and ninety five naira, eighty nine kobo (N70,922,590,495.89) as internally generated revenue for year 2019 In their...
African Energy Chamber has released its Energy Outlook for 2021, assessing Africa’s competitiveness compared with other frontiers, while highlighting the countless opportunities that continue to emerge and exist across the entire energy value chain. The report explored the forces shaping up continent’s energy market after the historic shocks of 2020,...
The Senate on Monday passed the 2021 Appropriation Bill of N13.5 trillion. This followed the adoption of the report of Senate Committee on Appropriations at plenary. The News Agency of Nigeria (NAN), reports that President Muhammadu Buhari had on Oct. 8, presented the 2021 budget of N13.08 trillion to the joint...
The Central Bank of Nigeria (CBN) Wednesday demanded statutory powers from the Nigerian Senate to enable freeze bank accounts that are linked to criminal suspects. This demand was made on behalf of CBN by the Director, Legal Services, Mr Kofo Salam-Alade, who appeared before a Senate Committee Hearing for a...