Electricity Customer Numbers Reach 12 Million in Q4 2023 – NBS Reports According to the National Bureau of Statistics (NBS), Nigeria recorded a total of 12.12 million electricity customers in the fourth quarter of 2023, marking a 3.46 percent increase from the 11.71 million customers in the third quarter of the same year. Comparing year-on-year…
All On’s Caroline Eboumbou Honored with “Outstanding Woman in Renewable Energy” Award Caroline Eboumbou, the Chief Executive Officer of All On, has been recognized with the prestigious “Outstanding Woman in Renewable Energy” award at the recently concluded 2024 Women in Maritime & Energy Award ceremony held in Lagos. The 2024 WIME award, themed #InspireInclusion…
Nigeria Customs Achieves Remarkable Revenue Growth, Hits N1.3 Trillion in Q1 The Nigeria Customs Service (NCS) has announced a significant milestone in revenue generation, reporting a remarkable 122.35% growth compared to the same period last year, with a total revenue of over N1.3 trillion in the first quarter of 2024. During a media briefing held…
ERA/FoEN Urges Legislative Action to Hold Divesting IOCs Accountable In a recent development, the Environmental Rights Action/Friends of the Earth Nigeria (ERA/FoEN) has called upon the National Assembly to take decisive legislative action. This action aims to ensure that International Oil Companies (IOCs) are held accountable for environmental damages in the Niger Delta region. ERA/FoEN…
Schneider Electric Unveils Groundbreaking Strategies for Data Center Sustainability and Scope 3 Emissions Management In a landmark move towards advancing environmental sustainability in the data center industry, Schneider Electric has released comprehensive insights and strategies to tackle the burgeoning challenge of Scope 3 emissions. As data centers pivot towards renewable energy sources, Scope 3 emissions…
Schneider Electric Projects AI Disruption and Future Trends in Data Center Design In a recent white paper titled “The AI Disruption: Challenges and Guidance for Data Center Design,” Schneider Electric delves into the crucial attributes and trends surrounding AI workloads. The paper sheds light on the resulting challenges faced by data centers and offers comprehensive…
CBN Announces Over $1.5 Billion Inflow, Naira Strengthens Good news for the Nigerian economy! The Central Bank of Nigeria (CBN) reported a significant inflow of over $1.5 billion in recent days. This is seen as a positive outcome of the CBN’s monetary policies aimed at stabilizing the foreign exchange market. Naira Gains Ground: The Nigerian…
PETAN Elects New Exco at AGM in Port Harcourt Rising from today’s AGM and consequent election for new leadership, the following persons were duly elected to run the affairs of the Association from now till March 2026 after meeting all the criteria by the Electoral Committee. The Board was accordingly sworn in and consequently inaugurated…
N’Delta Elders, Youths Commends Boyloaf Commitment to end Oil Theft Hundreds of elders and Youths under various peace advocacy groups have showered encomium on the foremost Niger Delta ex-agitator, Chief Ebikabowei Victor-Ben, also known as “General Boyloaf” over his commitment to end crude oil theft in the region. According to the Elders and Youths from…
Kyari says Bridging Energy Access Gap Vital for Nigeria’s Economic Growth. The Nigerian National Petroleum Company Limited (NNPC Ltd) has emphasized the critical importance of bridging the energy access gap to the creation of economic prosperity of the country. The Group Chief Executive Officer of NNPC Ltd, Mr. Mele Kyari, made this submission in a…