State Governors Demand Refund of $10bn Investments in National Integrated Power Projects In a recent move, state governors have called for the refund of their full equity investments in the $10 billion National Integrated Power Projects (NIPPs), managed by the Niger Delta Power Holding Company (NDPHC). This demand was made under the auspices of the…
Access Bank Completes Acquisition of BancABC Tanzania *Dar es Salaam, June 12, 2024* – Access Bank PLC has officially announced the successful acquisition of African Banking Corporation (Tanzania) Limited, known as BancABC Tanzania. This acquisition aligns with Access Bank’s strategic expansion goals and follows the initial announcement made in July 2023. This milestone is a…
Blue Economy: CGE vows to empower more women in coastal fishing, aquaculture. The Centre for Gender Equality (CGE) Africa is doubling down on its efforts to empower more women in coastal fishing and aquaculture, aiming to lift them out of poverty and create multimillionaires in these sectors. During the 2024 Gender and The Blue Economy…
MAN, FG, key stakeholders to host closed-door manufacturers’ summit. As part of efforts geared towards revitalizing the country’s manufacturing sector, the Manufacturers Association of Nigeria (MAN) has disclosed its readiness to host a closed-door Manufacturers Summit with the Federal Government, Ministries, Departments and Agencies from June 4th to 6th, 2024, at the Banquet/Conference Hall, State…
Photo caption: Managing Director, NNPC Energy Services Limited (EnServ), Sophia Mbakwe (5th from right) and Chief Executive Officer, Schlumberger (SLB), Mr. Olivier Le Peuch (4th from left) exchange documents shortly after the signing ceremony of a technical partnership agreement on bolstering upstream operations between the two companies, held at the NNPC Towers in Abuja,…
President Tinubu Requests House Approval for N24 Billion Airport Refund to Nasarawa and Kebbi States President Bola Tinubu has called on the House of Representatives to grant concurrent approval to the Federal Government for the refund of N24 billion to Nasarawa and Kebbi states. The refund is for the takeover of airports constructed by the…
NIGCOMSAT Set to Launch Specialized Satellite for Military Operations in Tackling Insecurity In a significant move aimed at bolstering Nigeria’s security apparatus, the Nigerian Communications Satellite (NIGCOMSAT) has unveiled plans to deploy a dedicated satellite tailored specifically for the Nigerian Army. This initiative seeks to elevate the military’s capabilities and efficacy in combating emerging security…
Nigeria Delegations at the 2024 OTC in Houston, Texas USA Egbert Faibille Jnr · Chief Executive Officer, Petroleum Commission Ghana and his Nigeria counterpart Engr. Gbenga Komolafe CCEO NUPRC; Petroleum Commission, Ghana Board member, Sen. Heineken Lokpobiri Honourable Minister of State Petroleum Resources (Oil), Mrs Olayemi Anyanechi (NUPRC); Engr. Wole Ogunsanya, PETAN Chairman and Mrs…
EKEDC customers along the Ajah-Ibeju corridors to enjoy improved power supply Residents and businesses along the Ajah-Ibeju corridors served by the Eko Electricity Distribution Company (EKEDC) can anticipate a significant improvement in their power supply. This development comes as the Transmission Company of Nigeria (TCN) inaugurates a 63MVA-132/33KVA mobile substation at the Ajah Transmission Station….
Minister Ekperikpe Ekpo Advocates for Pipeline Investment Following Ogun State Gas Truck Accident Rt. Hon. Ekperikpe Ekpo, the Minister of State for Petroleum Resources (Gas), embarked on a visit to the site of a tragic gas explosion in Ita Oshin, Abeokuta, Ogun State. The incident, which resulted in loss of life and property, occurred when…
