Northern Nigeria to See Power Restoration Within Days, Minister of Power Assures Power Minister Adebayo Adelabu has assured that electricity supply will be restored to northern Nigeria within the next two to three days, following recent outages across the North-East, North-West, and parts of North-Central regions. Adelabu’s announcement comes as he addressed senators’ concerns regarding…
NIMASA Mandates Dockworker Registration, Enforces Compliance Within 30 Days The Nigerian Maritime Administration and Safety Agency (NIMASA) has announced a new directive requiring the registration of all dockworkers engaged in stevedoring activities nationwide. The agency has warned International Oil Companies, terminal operators, jetty operators, and other stevedoring firms against hiring unregistered dockworkers. This initiative aligns…
Supporting Local Expertise to Boost Nigeria’s Crude Oil Production: Lokpobiri Highlights Progress at Lagos FPSO Facility The Minister of State for Petroleum Resources, Senator Heineken Lokpobiri, has emphasized the critical role of strengthening local capabilities in driving an increase in Nigeria’s crude oil production. During a recent inspection of the Floating Production Storage and Offloading…
Landmark Gas Sales Agreement Signed for Brass Fertilizer and Petrochemical Project After nearly a decade of overcoming complex challenges, a historic Gas Sales and Purchase Agreement (GSPA) has been signed for the Brass Fertilizer and Petrochemical Project. The agreement, which was finalized on Friday, marks a crucial milestone that sets the stage for the project’s…
GOCOP Encourages Online Publishers to Harness AI and Connect with Readers Effectively The Guild of Corporate Online Publishers (GOCOP) has called on mediapreneurs to incorporate Artificial Intelligence (AI) to enhance reader engagement on their websites. Publishers are encouraged to utilize various online platforms and technological tools to effectively promote their content and expand their audience…
GOCOP President Calls on Members to Maintain Ethical Standards in Online Journalism …Max Amuchie Highlights Revenue Opportunities and Low-Hanging Fruits Maureen Chigbo, President of the Guild of Corporate Online Publishers (GOCOP), has urged the Guild’s more than 100 members to make entrepreneurial decisions that will distinguish them in the online media landscape. Chigbo delivered this…
Ex-Minister Cites Alleged Phantom $16 Billion Expenditure as Cause for Power Sector Reform Delays in Nigeria A former Minister of Power and ex-Governor of Cross River State, Senator Liyel Imoke, has said that the alleged expenditure of a non-existent $16 billion on Nigeria’s power sector by the Olusegun Obasanjo administration did not occur as claimed….
Access Bank Secures Provisional Licence in Namibia Access Holdings Plc has announced that it has received a provisional licence from the Bank of Namibia to establish a commercial bank in the country. In a statement, the Bank shared, “Access Holdings Plc is pleased to inform the investing public and the Nigerian Exchange Ltd that its…
Nigeria’s Path to Energy Independence Hinges on Maximizing Gas Reserves, Says PETAN Chairman The Chairman of the Petroleum Technology Association of Nigeria (PETAN), Engr. Wole Ogunsanya, has emphasized that Nigeria’s path to energy independence lies in maximizing its vast gas reserves. Speaking at the 2024 Annual Strategic International Conference organized by the Association of Energy…
Seychelles: AfDB Approves $25 Million Loan to Boost Renewable Energy Access and Job Creation The African Development Bank Group (AfDB) has approved a $25 million loan for Seychelles to support the first phase of the Economic Resilience and Green Recovery Support Programme, an initiative aimed at improving economic governance and expanding access to renewable energy…