Nigerian Gas Association Unveils New Brand Identity, Ushers in Era of Sustainable Energy Lagos, Nigeria – The Nigerian Gas Association (NGA), the leading voice for the gas industry in Nigeria, celebrated a significant milestone on Tuesday, December 17, 2024, with the unveiling of its new brand identity during its Silver Jubilee Dinner and Awards night….
Setting the Record Straight: Meritocracy and Milestones at NNPC By Olufemi Soneye In response to Farooq Kperogi’s recent article, “Tinubu’s Buharisation of the NNPC,” it is imperative to address some critical misconceptions and provide clarity regarding the operations and leadership structure of the Nigerian National Petroleum Company (NNPC) Limited. Mischaracterizations of this nature have the…
Minister Commissions 300KVA Transformer to Transform Enugu Community …Pledges More People-Oriented Projects …Onu-Orie, Obuno Community Applauds Dr. Ogbuanu’s Generosity In a landmark event that underscores the federal government’s commitment to rural electrification and grassroots development, the Minister of Innovation, Science, and Technology, Chief Uche Nnaji, has commissioned a 300KVA transformer in Onu-Orie, Obuno Autonomous Community,…
TCN Announces Planned Maintenance Leading to Power Interruptions in Abuja and Surrounding Areas The Transmission Company of Nigeria (TCN) has announced a scheduled maintenance exercise set to take place over the weekend, which will result in temporary power outages across several parts of Abuja and its environs. This maintenance initiative, aimed at ensuring the optimal…
Shell’s $2.4 Billion Nigerian Asset Sale Tops Africa’s M&A Deals in 2024, Signaling Shift in Energy and Investment Landscape In a groundbreaking development that has sent ripples across Africa’s financial and energy sectors, Shell’s $2.4 billion sale of its onshore oil and gas assets in Nigeria has emerged as the largest mergers and acquisitions (M&A)…
Access Holdings Secures Full Regulatory Approvals for N351bn Rights Issue …Banking Subsidiary Exceeds CBN’s Minimum Capital Requirements Access Holdings Plc has announced the successful completion and full regulatory approval of its recently closed Rights Issue. The offer, which involved 17.77 billion ordinary shares at 50 kobo each, raised a total of ₦351 billion at ₦19.75…
Shell’s $5bn Bonga Investment: A Landmark Decision for Nigeria, Says TDF The Democratic Front (TDF) has hailed Shell’s $5 billion Final Investment Decision (FID) for the Bonga North Deep Offshore Field as a testament to Nigeria’s status as a premier destination for international investment. In a statement jointly signed by its Chairman, Malam Danjuma Muhammad,…
NNPC Launches Production Monitoring Command Centre to Boost Oil Production The Nigerian National Petroleum Company (NNPC) Limited has launched a new initiative, the Production Monitoring Command Centre (PMCC), designed to enhance production efficiency in the country’s hydrocarbon operations. In a statement released on Wednesday, NNPC spokesperson Olufemi Soneye explained that the PMCC, driven by NNPC’s…
Bayelsa Governor Reveals Oil Thieves Use Women and Children as Human Shields Bayelsa State Governor, Douye Diri, has revealed that suspected oil thieves are using women and children as human shields at illegal refining camps across the state. Speaking on Tuesday during a meeting with traditional rulers and local government chairmen at the Government House…
Electricity: NDPHC Plans Bilateral Deals to Address Stranded Power The Niger Delta Power Holding Company (NDPHC) has announced plans to expand bilateral agreements to sell unused electricity generated by its power plants across Nigeria. As the largest asset-owning entity in Nigeria’s Electricity Supply Industry (NESI), NDPHC operates eight functional power plants and manages several transmission…