FAAC says Oil-Producing States Receive N99.47bn Derivation Revenue for August Nigeria’s oil producing states received N99.474 billion Derivation Revenue for August, being the 13% derivation fund as prescribed by law. The oil producing states are Akwa Ibom, Delta, Rivers, Bayelsa, Imo, Abia, Ondo, Anambra, Edo and Lagos. The amount received by them is part of…
APM Terminals Apapa reports a 25% rise in non-oil export APM Terminals Apapa has reported a 25% rise in non-oil export throughput for the first half of 2024, reflecting its pivotal role in supporting Nigeria’s economic diversification. Courage Obadagbonyi, Chief Financial Officer, shared that the terminal handled 51,000 TEUs during this period, up from 47,000…
Breaking Barriers: Access Bank Championing Education for Every Child in Africa “Children in emergency situations have a right to quality education like every other child, yet education in emergencies continues to be critically underfunded and under-resourced. Education is lifesaving and should not be seen as a second phase of a humanitarian response,” – Wongani Grace…
NAEC 2024 Conference Set to Address Nigeria’s Energy Future, Ministers Confirm Attendance All is set for the 2024 edition of the Association of Energy Correspondents of Nigeria (NAEC) Annual Strategic International Conference, bringing together top stakeholders from Nigeria’s oil, gas, power, and renewable energy sectors. The conference, scheduled for Thursday, October 3, 2024, at Eko…
Kogi State Electricity Market Now Under KSERC Oversight In line with the amended Constitution of the Federal Republic of Nigeria (CFRN) and the Electricity Act 2023, the Nigerian Electricity Regulatory Commission (NERC) has transferred regulatory oversight of Kogi State’s electricity market to the Kogi State Electricity Regulatory Commission (KSERC). Under the Electricity Act 2023, NERC…
Adubi Highlights Benefits of FG’s Draft National Integrated Electricity Policy Bukola Adubi, Chief Executive Officer of MicCom Cables and Wires, has outlined the advantages of the Federal Government’s draft National Integrated Electricity Policy and Strategic Implementation Plan (NIEP-SIP). This policy aims to overhaul Nigeria’s electricity sector, making it more resilient, efficient, and better equipped to…
Petroleum Minister Pledges Strong Collaboration with NIPetE Ahead of Annual Conference …NIPetE to host 3rd annual conference on October 31 and November 1 In a bid to strengthen Nigeria’s oil and gas sector, the Minister of State for Petroleum Resources, Sen. Heineken Lokpobiri, has reaffirmed the government’s commitment to forging a robust partnership with the…
Breaking Barriers: Access Bank Championing Education for Every Child in Africa Access Bank PLC, a leading financial institution in Africa, is reaffirming its unwavering commitment to education and community development through a series of impactful initiatives across the continent. At the heart of their efforts is the belief that every child, regardless of circumstances, deserves…
NNPCL, NLNG, FIRS, Delta, Lagos, JAMB, TotalEnergies, Osun, T-Pumpy, Others Partner with GOCOP for 2024 Conference The eighth annual conference of the Guild of Corporate Online Publishers (GOCOP) is set to take place from October 2 to October 3, 2024, in Lokoja, Kogi State, and has garnered substantial backing from an impressive roster of sponsors….
Huge Infrastructural Investment Key to Efficient and Equitable Energy Transition in Developing Countries, Says NLNG MD, Dr. Philip Mshelbila In a powerful call for action, the Managing Director and CEO of Nigeria LNG (NLNG), Dr. Philip Mshelbila, has highlighted the critical need for massive infrastructural investments to drive an efficient and equitable energy transition in…
