The Nigeria Innovation Summit (NIS) 2019 has continued to garner supports and endorsements ahead of the Aug. 20 and 21 event in Lagos, the National Coordinator, Mr Tony Ajah said on Tuesday. According to Ajah in a statement, the latest partnership came from the Nigerian Communications Commission (NCC); the country’s telecom regulator that has been…
… As NEITI Pledges Total Support for Corporation The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has urged the public to be wary of attempts to drag the corporation into politics in the guise of requests for information under the Freedom of Information law. The GMD made the call…
The Department of Petroleum Resources (DPR) has officially commenced full operation at its new office in Awka, Anambra. Mr Ignatius Anyanwu, DPR’s Operations Controller in Awka, said in Awka on Tuesday that the office was created in the last quarter of 2018. Anyanwu said the department set up the Anambra office in view of the…
The Ibadan Electricity Distribution Company (IBEDC) has urged its customers in the region to apply for electricity meters through the Meter Assets Provider (MAP) Scheme to avoid estimated billings. Mr John Ayodele, IBEDC Chief Operating Officer said this at MAP Customers’ Town Hall meeting on Tuesday in Osogbo. Represented by Mrs Angela Olarenwaju, IBEDC Head…
Mr Wale Ajibade, an Executive Director in Sahara Group, said that the current efforts by the Angolan Government to restructure its oil and gas sector called for collaborations between local and international companies along the value chain in the industry. Mr Bethel Obioma, Head, Corporate Communications of Sahara Group, quoted Ajibade to have said this…
Port Harcourt Refining Company Ltd (PHRC) Eleme, on Tuesday graduated 80 participants of its youth empowerment and skills acquisition programme, charging them to be economically preoccupied with their acquired skills. Mr Abba Buka, the Managing Director, PHRC gave the charge at the 3rd Graduation Ceremony of Youth Empowerment and Skills acquisition Programme (YESAP) in Eleme,…
Oil prices fell further on Wednesday, extending recent heavy losses as deepening U.S.-China trade tensions weighed on the outlook for the global economy and energy demand. Brent crude futures LCOc1 were down 70 cents, or 1.2 per cent at 58.26 dollars a barrel by 1205 GMT, setting a fresh seven-month low. Prices have lost more…
The Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Malam Mele Kyari, has urged management of Nigerian Liquefied Natural Gas (NLNG) to look beyond the execution of the final investment decision (FID) on Train-7. The final investment decision is billed for October 2019. Kyari disclosed this while receiving the top-level NLNG management team, led by…
The Nigeria-Morocco Gas Pipeline (NMGP) project would open new vistas for Nigeria’s gas aspirations, the Group Managing Director of the Nigerian National Petroleum Corporation, Mallam Mele Kyari, has said. Mallam Kyari disclosed this Tuesday in Abuja at a stakeholders’ engagement involving the corporation, its Moroccan partner on the Gas Project, the Morocco National Office for…
The National Bureau of Statistics (NBS), has announced that 5.61 billion litres of Premium Motor Spirit (PMS), popularly known as petrol were imported into the country in the second quarter of the year. The NBS said this on Tuesday in its Petroleum Products Imports and Consumption (Truck Out) Statistics for Second Quarter, 2019, obtained from…