The Nigerian National Petroleum Corporation (NNPC) Sunday announced a trading surplus of N6.33 billon for the month of May 2019, a figure which is 13 per cent higher than the N5.60 billion surplus posted in the preceding month of April 2019. According to the May 2019 edition of the NNPC Monthly Financial and Operations Report…
The first cargo of liquified natural gas under the long-term contract between PGNiG and US LNG provider Cheniere Energy arrived today at the President Lech Kaczyński LNG Terminal in Świnoujście. The long-term contract, which was signed in November of 2018, will total approximately 39 bcm of natural gas over the 24 year period of the agreement. …
The Nigerian National Petroleum Corporation is set to leverage on the existing Direct-Sales-Direct-Purchase product supply arrangement to guarantee energy security for the nation. The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC) Mallam Mele Kyari, made this commitment Wednesday at his maiden townhall meeting with staff of the corporation at the NNPC Towers,…
An Information and Communications (ICT) expert, Mrs Mary Uduma, on Wednesday says Nigeria is ready for digital transformation in terms of infrastructure. Uduma made this known in an interview in Lagos. She said that the broadband the country was developing now would help the digital transformation. According to her, with the available infrastructure and youths’…
The Nigerian Communications Commission (NCC) says it will subsidise the fund for deployment of 318 Base Transceiver Stations (BTS) in unserved and underserved locations in the country in 2019. The Executive Vice Chairman, Prof. Umar Danbatta, made this known on Thursday in Lagos, during the Nigeria ICT Impact CEO Forum (NIICF). The forum, organised by…
Naval Forces in Rivers said they have intercepted a large barge used in transporting about a million litres of diesel. The feat was achieved weeks after a similar one was intercepted by naval operatives in Rivers waterways. The barge, Dantech II, was suspected to have lifted the diesel from illicit refining facilities, which mainly operated…
The Department of Petroleum Resources (DPR), Eket Field Office, has sealed Truefaith Gas Station and eight filling stations for various offences in Akwa Ibom. The Head of Operations, DPR, Mr Joy Koro disclosed this during routine surveillance of filling stations in Uyo on Wednesday. Koro explained that the filling stations were sealed for various offences…
The Nigerian Guild of Editors (NGE) has expressed optimism in the ability of the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Malam Mele Kyari, to steer the corporation to enviable heights. The corporation in a statement signed by its Spokesman, Mr Ndu Ughamadu, disclosed that NGE said this in a congratulatory letter…
The Managing Director of Kano Electricity Distribution Company (KEDCO), Dr Jamilu Gwamna, has said that the power deal signed between the federal government and German-based company, Siemens would revolutionise the power sector in Nigeria. In a statement issued on Wednesday in Kano, Gwamma commended the federal government for signing the electricity road map agreement noting…
Schneider Electric in partnership with PowerForAll and Rockerfeller Foundation earlier this week in Abuja launched a campaign to develop human capital towards curbing a widening unemployment gap in the power sector. The powering jobs campaign became necessary sequel to a recent study by PowerForAll which revealed that there is an urgent need to develop…