Association to invest over $80m in renewable energy sector- official Mr Ayo Ademilua, President, Renewable Energy Association of Nigeria (REAN), says no fewer than 80 million dollars is available for energy projects in the country for it members through investors. Ademilua said this during the Renewable Energy Investment MaMatchmakin event on Wednesday in Lagos. The…
NNPCL appoints Soneye Chief Corporate Communication Officer The Nigerian National Petroleum Company Limited (NNPCL) has appointed Olufemi Oladapo Soneye as its Corporate Communication Officer. In a statement signed by the management and posted on the X (former twitter) handle of the company, the national oil company said; “We are delighted to announce the appointment of…
Nigeria’s Tethys emerges brand licensee for Texaco lubricants A Nigerian company, Tethys Ltd., has signed an agreement with Chevron as the brand licensee for Texaco lubricants across the country. Speaking at the Chevron-Tethys Texaco Lubricants relaunch on Thursday in Lagos, Mr Jaap Jan Mohlmann, Manager, Distributor and Export Sales Chevron, said the company was happy…
Coalition wants NNPC to remain transparent, frowns against blackmailers The Coalition for Good Governance and Open Leadership in Nigeria has urged the Nigerian National Petroleum Company (NNPC) to remain transparent and support President Bola Tinubu’s effort at repositioning the oil sector. The Convener of the group, Mr Declan Ihekaire, at a news conference on Thursday…
Israeli-Hamas war: Putin demands ceasefire, cardinal offers self for hostages Russian President Vladimir Putin said the civilian death toll in Gaza could see a “catastrophic increase” and warned of the risk of a regional war, after talking to Iranian and Arab leaders on Monday. The Kremlin said Putin had spoken to his Syrian, Egyptian and…
Court fixes Nov. 1 to rule on ex-NNPC GMD’s ownership claim of seized $9.8m Justice Inyang Ekwo of the Federal High Court, Abuja, has fixed November 1, 2023 for ruling on the suit filed the lawyer to the former Group Managing Director (GMD) of the defunct Nigerian National Petroleum Corporation (NNPC), Engr. Andrew Yakubu, to…
Group hails disqualification of Sylva’s from Bayelsa State guber race *Urges INEC to respect court ruling The Bayelsa Democratic Coalition, advocacy group promoting transparent and peaceful governance in Bayelsa State, has called on the Independent National Electoral Commission (INEC) to respect the decision of a Federal High Court which disqualified the candidate of the All…
New CBN Governor may abandon Anchor Borrowers, eNaira, Currency redesign programmes New governor of the Central Bank of Nigeria, Olayemi Cardoso, may have opted out of some key development finance projects of his predecessor, Godwin Emefiele, a move that will halt the bank’s interventionist programmes that helped Nigeria exit economic recession twice in five years…
Tinubu sacks CAC, ITF, NEPC, OGFZA, NSDC bosses, appoints Chukwunonso Okeke new SON D-G President Bola Ahmed Tinubu has approved the appointment of Ifeanyi Chukwunonso Okeke as the new Director-General of the Standards Organization of Nigeria (SON). Okeke takes over from the former Director-General, Mallam Farouk Salim, who was appointed to head the organization in…
NIMASA Act amendment bill passes first reading at the Senate The bill to amend the Nigerian Maritime Administration and Safety Agency (NIMASA) Act has passed the first reading on the floor of the Nigerian Senate. Chairman Senate Committee on Marine Transport, Senator Wasiu Sanni Eshinlokun, who disclosed this during a working visit by the committee…
