Author: majorwavesen

Kyari in Seoul Promises Improved Fiscal Competitiveness, Regulatory Stability The Group Chief Executive Officer (GCEO) of Nigerian National Petroleum Company Limited (NNPCL), Mallam Mele Kyari was among the presidential delegates who had engagements with Korean business community in Seoul, South Korea. [custom-related-posts title=”Related Posts” none_text=”None found” order_by=”title” order=”ASC”] Kyari told the business community in Seoul…

Central Bank Redesigns Naira Notes The Central Bank of Nigeria (CBN) says it will redesign N200, N500 and N1000 Naira notes. CBN Governor, Godwin Emefiele, disclosed this during a special press briefing in Abuja. Emefiele who said issues of the new designs will take effect from Thursday, December 15, 2022, added that existing notes would…

Akobo Minerals breaks ground on Segele Gold Mine Akobo Minerals (Euronext Oslo – “AKOBO”), the Scandinavian-based Ethiopian gold exploration and boutique mining company, today announced that it has broken ground at its Segele gold mine. This marks an important milestone on the path to gold production in early 2023. Jørgen Evjen, CEO of Akobo Minerals,…

Wabote Commissions GIL Automation’s factory, charges oil firms on diversification, energy transition  The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote on Thursday in Lagos performed the commissioning of GIL Automations’ cable tray and switchgear factory and the opening of its new building. The company offers an array…

First Bank Blazing The Trail for The Energy Sector Ever since the Petroleum Industry Act (PIA) came to into existence which is to strengthening administrative governance in the oil and gas industry, stakeholders have embraced the Act. Amazing Science, isn’t it?   One of the major stakeholders of the energy sector is the financial institutions…