PENGASSAN Advocates for AI Integration, Local Refinery Ownership, and Exchange Rate Stabilization The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has called for the integration of artificial intelligence (AI) and local ownership of refineries as key strategies to enhance energy security and address crude oil theft in Nigeria. These recommendations were made…
Brevity Anderson signs landmark MoU with African Petroleum Producers Organization Brevity Anderson, a strategic advisory and consultancy firm specializing in facilitation and optimizing international trade and business operations has signed a landmark Memorandum of Understanding (MoU) with the African Petroleum Producers Organization (APPO). The signing of this strategic partnership, which took place in Malabo, Equatorial Guinea…
NNPCL, NLNG, FIRS, Delta, Lagos, JAMB, TotalEnergies, Osun, T-Pumpy, others Partner GOCOP for 2024 Conference More sponsors have supported the hosting of the eighth annual conference of the Guild of Corporate Online Publishers (GOCOP) from October 2 to October 3, in Lokoja, Kogi State. Leading the pack of sponsors are the Nigerian National Petroleum Company…
Marine and Blue Economy Ministry, NIMASA, Committed to Promoting Industry Partnerships The Minister of Marine and Blue Economy, Mr. Adegboyega Oyetola, has emphasized the Ministry’s dedication to fostering partnerships between the government and private sector, aiming to promote innovation and sustainability in Nigeria’s maritime sector. Speaking at the Stakeholders Sensitisation Workshop on Deep Seabed Activities…
FAAC says Oil-Producing States Receive N99.47bn Derivation Revenue for August Nigeria’s oil producing states received N99.474 billion Derivation Revenue for August, being the 13% derivation fund as prescribed by law. The oil producing states are Akwa Ibom, Delta, Rivers, Bayelsa, Imo, Abia, Ondo, Anambra, Edo and Lagos. The amount received by them is part of…
APM Terminals Apapa reports a 25% rise in non-oil export APM Terminals Apapa has reported a 25% rise in non-oil export throughput for the first half of 2024, reflecting its pivotal role in supporting Nigeria’s economic diversification. Courage Obadagbonyi, Chief Financial Officer, shared that the terminal handled 51,000 TEUs during this period, up from 47,000…
Breaking Barriers: Access Bank Championing Education for Every Child in Africa “Children in emergency situations have a right to quality education like every other child, yet education in emergencies continues to be critically underfunded and under-resourced. Education is lifesaving and should not be seen as a second phase of a humanitarian response,” – Wongani Grace…
NAEC 2024 Conference Set to Address Nigeria’s Energy Future, Ministers Confirm Attendance All is set for the 2024 edition of the Association of Energy Correspondents of Nigeria (NAEC) Annual Strategic International Conference, bringing together top stakeholders from Nigeria’s oil, gas, power, and renewable energy sectors. The conference, scheduled for Thursday, October 3, 2024, at Eko…
Kogi State Electricity Market Now Under KSERC Oversight In line with the amended Constitution of the Federal Republic of Nigeria (CFRN) and the Electricity Act 2023, the Nigerian Electricity Regulatory Commission (NERC) has transferred regulatory oversight of Kogi State’s electricity market to the Kogi State Electricity Regulatory Commission (KSERC). Under the Electricity Act 2023, NERC…
Adubi Highlights Benefits of FG’s Draft National Integrated Electricity Policy Bukola Adubi, Chief Executive Officer of MicCom Cables and Wires, has outlined the advantages of the Federal Government’s draft National Integrated Electricity Policy and Strategic Implementation Plan (NIEP-SIP). This policy aims to overhaul Nigeria’s electricity sector, making it more resilient, efficient, and better equipped to…