The Executive Operations Director at Seplat Petroleum Development Company Plc, Mr. Effiong Okon, has said the right adoption of contemporary technologies like Artificial Intelligence (AI), big data and mobile technology will not only drive planning and forecast in the Nigerian oil industry, but will help in addressing like risks associated with the business. The Seplat…
The Leading Electricity Distribution Company, Ikeja Electric Plc (IE) has fully commenced the roll out of meters under the Meter Asset Provider (MAP) scheme, to all unmetered customer across its network. In the first phase, which culminated at the end of July, metering was restricted to only customers in Ikorodu, Abule-Egba and Shomolu Business Units….
Mr Kunle Olubiyo, the President, Nigerian Consumer Protection Network, has condemned the alleged scam in the distribution of prepaid electricity meters in some parts of Abuja. Olubiyo made the condemnation in a statement issued and made available to newsmen on Friday in Abuja. He berated a situation where customers were made to foot bills which…
The Chairman of ExxonMobil companies in Nigeria, Mr Paul McGrath, has expressed confidence and optimism in the Nigerian petroleum industry with the appointment of Malam Mele Kyari as the new Group Managing Director of NNPC. McGrath, in a statement on Friday by Mr Ndu Ughamadu, the spokesman for the corporation, said this when he visited…
The Nigerian Content Development and Monitoring Board (NCDMB) will support Notore Chemical Industries Plc to fully develop its industrial complex so it could offer integrated services to oil and gas companies and increase its contributions to the agricultural and infrastructural sectors. The Executive Secretary NCDMB, Engr. Simbi Kesiye Wabote visited the company in Eleme, Rivers…
The IPCC Special Report on Climate Change and Land released on Thursday, August 8, 2019 is a stark reminder that the world is in an ecological and climate emergency, the Climate Action Network (CAN) has said. The report – coming after the IPCC Special Report on 1.5C and the IPBES Global Assessment Report on Biodiversity report…
The Federal Capital Territory (FCT) Emergency Management Agency (FEMA) says increasing water level of the River Niger portends a threat to the nation’s capital, given its proximity to Lokoja. Director-General of FEMA, Alhaji Abbas Idriss, stated this at the 2019 Stakeholders Retreat on Flood Mitigation and Response Coordination, held on Wednesday, August 7, 2019 in…
Ibrahim Thiaw, UN Under Secretary General and Executive Secretary to the UN Convention to Combat Desertification (UNCCD) in a reaction to the Intergovernmental Panel on Climate Change (IPCC) Special Report on Climate Change and Land released on Thursday, August 8, 2019, says that the world can’t head off the worst ravages of climate change without…
Ahead of the Youth Climate Action Summit in New York by September 2019, Nigeria has embarked on a youth mobilisation campaign in the bid to fish out innovation in climate change exploit. Dr Peter Tarfa of the Department of Climate Change in the Federal Ministry of Environment with some Nigerian youth representatives at the 2019…
Oil jumped more than $1 a barrel on Thursday due to expectations that falling prices may lead to production cuts, coupled with a steadying of the yuan currency after a week of turmoil spurred by an escalation of U.S.-China trade tensions. Brent crude had rebounded to $57.57, up to $1.34 or 2.4 per cent, by…