Access Holdings Justifies High Cost-to-Income Ratio, Outlines Growth Strategy Access Holdings PLC has clarified its high cost-to-income ratio, attributing it to strategic investments in growth and expansion. The company is focused on consolidating its presence in key markets and enhancing its service offerings. Key Points: Strategic Investments: Access Holdings is investing heavily in infrastructure, technology,…
Marowin Strengthens Industry with Exclusive Elcometer Partnership Marowin Engineering and Development Limited, a leading indigenous engineering and procurement firm, has announced an exclusive partnership with Elcometer, a global leader in precision measurement instrumentation. This strategic collaboration aims to enhance the reliability and efficiency of Nigeria’s oil and gas industry by providing access to cutting-edge equipment…
NMDPRA Pushes for Energy Transition, Recommends Phase-out of Traditional Outlets The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has called for a strategic shift in Nigeria’s energy landscape, advocating for the phase-out of traditional petroleum retail outlets in favor of facilities equipped to handle Liquefied Petroleum Gas (LPG) and Compressed Natural Gas (CNG). NMDPRA’s…
Odeh Retires as NLNG Appoints Sofia Horsfall as New General Manager, External Relations After a distinguished 26-year career, Andy Odeh has retired from Nigeria Liquefied Natural Gas (NLNG), passing the baton to Sofia Horsfall, who assumes the role of General Manager, External Relations, effective November 1, 2024. At a press conference in Lagos, Odeh expressed…
NNPC Ltd Launches Free Cancer Screening Campaign for 3,000 Nigerians NNPC Ltd, through its Corporate Social Responsibility arm, NNPC Foundation, is launching a nationwide free cancer screening campaign targeting 3,000 Nigerians. The campaign, titled “Cancer Awareness and ZSX Screening,” will offer free cancer screenings, health education, workshops, and consultations to empower individuals in recognizing cancer…
Egbin Power Strengthens Safety Standards with ISPON Certification for Employees Egbin Power has demonstrated a strong commitment to safety excellence as 28 of its employees were inducted as certified members of the Institute of Safety Professionals of Nigeria (ISPON). This certification, following an intensive training, assessment, and screening by ISPON, underscores Egbin Power’s dedication to…
Pan-Atlantic University Joins Forces with CESEL and University of Lincoln to Advance Biogas Production in Nigeria In an ambitious move to tackle Nigeria’s energy challenges, Pan-Atlantic University has partnered with the Clean Energy Solutions and Education Ltd (CESEL) and the University of Lincoln, UK, on a pioneering project aimed at revolutionizing biogas production. Supported by…
Seplat Energy’s Operating Profit Rises to N411.3bn in 9M 2024 … Declares US 9.6 Cents Total Dividend Per Share for 9M 2024 Seplat Energy PLC, a leading Nigerian independent energy company listed on both the Nigerian Exchange and the London Stock Exchange, has announces its unaudited results for the for the nine months ended 30…
OTL Africa Downstream Energy Week – A Catalyst for Innovation and Collaboration Across Africa’s Energy Sector In his welcome address at the 18th OTL Africa Downstream Energy Week, Adetunji Oyebanji, Chairman of the Advisory Board, highlighted the significance of the OTL conference as a premier platform for collaboration, innovation, and dialogue within Africa’s downstream energy…
President Tinubu’s Administration Advances Transparent Incentives for LNG and CNG Growth in Nigeria At the Oil Trading and Logistics (OTL) Africa Downstream Energy Week, Olu Verheijen, Special Adviser to President Bola Tinubu on Energy, highlighted transformative strides in Nigeria’s oil and gas sector under Tinubu’s administration. Speaking through representative Eriye Onagoruwa, Verheijen noted that while…