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Thursday, June 17, 2021
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Another shot in the arm for Adeduntan as FirstBank wins Global Banking and Finance’s Retail Banking CEO Award

While the age-old saying and philosophy of virtue being its own reward (or seeing doing good as its own reward) remains a strong motivating...

Huawei to push up Nigeria’s oil output by 5 per cent

BY KAYODE EKUNDAYO Huawei Technologies Company has said that is ready to help Nigeria raises its crude oil output by about 5 per cent, translating...

‘HOW ICT CAN REVOLUTIONISE THE OIL & GAS SECTOR- Rabiu Suleiman

Amid daunting challenges plaguing Nigeria's oil and gas sector, an industry expert and former Technical Adviser to the Ministry of Petroleum Resources, Engr. Rabiu...

Metallon renews attempt to take over Lekoil Nigeria Assets 

.As Nigeria Board expresses confidence in CEO The Corporate news circle is rife with news that Metallon Corporation Limited, a troubled South African company, has...

NNPC to Acquire Equity in Private Refineries above 50,000bpd capacities

The Nigerian National Petroleum Corporation has revealed that it is currently considering equity participation in a number of private refineries in the country in...

Seplat is financially strong, generates $318m cash, pays $344m dividend to shareholders -Orjiako

Chairman of Board, Seplat Petroleum Development Company Plc, Dr. ABC Orjiako, has said that the company is financially strong with the generation of $318...

Nigerian Breweries commission 663.6kWp solar power plant, to save N23m annually

Nigerian Breweries Plc on Thursday, commissioned a 663.6kWp solar power plant for its Ibadan, Oyo state operational plant. The project which was conceived in 2019,...

Solar Home System: ALLBASE introduces flexi-payment scheme for new customers

Africa’s next-generation distributed energy infrastructure company, AllBase Energy, has announced a new payment plan that will enable potential customers to acquire its solar home...

Nigerian first LNG Floating Plant: UTM Offshore, JGC, KBR Sign Pre-FEED Contracts

BY KAYODE EKUNDAYO UTM Offshore, an indigenous oil and gas company, has kick-off the development of Nigerian first Liquefied Natural Gas (LNG) floating plant with...

Amaechi inaugurates 11-member committee to probe NPA

The Minister of Transportation, Rotimi Amaechi, has inaugurated an 11-member committee to investigate activities of the Nigerian Ports Authority (NPA). On May 6, President Muhammadu...

NAPTIN applauds FG’s investment in youths’ skill acquisition initiatives

The Director General, National Power Training Institute of Nigeria(NAPTIN), Ahmed Bolaji Nagode,  has applauded President Muhammadu Buhari’s commitment to  a knowledge-based economy by investing...

Regional Electricity Market, critical to the development of W/Africa- Brou

BY KAYODE EKUNDAYO The President of the ECOWAS Commission, Mr. Jean-Claude Kassi Brou, has described the ECOWAS Regional Electricity Market, under construction, as “fundamental” and...
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Lagos begins demolition of structures under power lines

The Lagos State Building Control Agency, (LASBCA), said it would embark on demolition of illegal structures constructed under high tension cables and others. A statement...

Lekan Akinyanmi in full control of Lekoil Nigeria

Lekan Akinyanmi remains in full control of Lekoil Nigeria Limited (Lekoil Nigeria), the company officially recognized by the Nigerian government as custodian of some...

Firm to set up 1GW solar panel manufacturing factory in Nigeria

Solmont Technologies, an OEM, plans to construct a 1,000 MW per annum solar panel manufacturing facility in Ondo State, Southwest Nigeria. The factory is...

OAU to begin electricity generation, distribution

The Vice-Chancellor of the Obafemi Awolowo University (OAU), Prof. Eyitope Ogunbodede, has announced that the University has obtained the license to distribute electricity to...