Landmark Gas Sales Agreement Signed for Brass Fertilizer and Petrochemical Project After nearly a decade of overcoming complex challenges, a historic Gas Sales and Purchase Agreement (GSPA) has been signed for the Brass Fertilizer and Petrochemical Project. The agreement, which was finalized on Friday, marks a crucial milestone that sets the stage for the project’s…
GOCOP Encourages Online Publishers to Harness AI and Connect with Readers Effectively The Guild of Corporate Online Publishers (GOCOP) has called on mediapreneurs to incorporate Artificial Intelligence (AI) to enhance reader engagement on their websites. Publishers are encouraged to utilize various online platforms and technological tools to effectively promote their content and expand their audience…
GOCOP President Calls on Members to Maintain Ethical Standards in Online Journalism …Max Amuchie Highlights Revenue Opportunities and Low-Hanging Fruits Maureen Chigbo, President of the Guild of Corporate Online Publishers (GOCOP), has urged the Guild’s more than 100 members to make entrepreneurial decisions that will distinguish them in the online media landscape. Chigbo delivered this…
Ex-Minister Cites Alleged Phantom $16 Billion Expenditure as Cause for Power Sector Reform Delays in Nigeria A former Minister of Power and ex-Governor of Cross River State, Senator Liyel Imoke, has said that the alleged expenditure of a non-existent $16 billion on Nigeria’s power sector by the Olusegun Obasanjo administration did not occur as claimed….
Access Bank Secures Provisional Licence in Namibia Access Holdings Plc has announced that it has received a provisional licence from the Bank of Namibia to establish a commercial bank in the country. In a statement, the Bank shared, “Access Holdings Plc is pleased to inform the investing public and the Nigerian Exchange Ltd that its…
Nigeria’s Path to Energy Independence Hinges on Maximizing Gas Reserves, Says PETAN Chairman The Chairman of the Petroleum Technology Association of Nigeria (PETAN), Engr. Wole Ogunsanya, has emphasized that Nigeria’s path to energy independence lies in maximizing its vast gas reserves. Speaking at the 2024 Annual Strategic International Conference organized by the Association of Energy…
Seychelles: AfDB Approves $25 Million Loan to Boost Renewable Energy Access and Job Creation The African Development Bank Group (AfDB) has approved a $25 million loan for Seychelles to support the first phase of the Economic Resilience and Green Recovery Support Programme, an initiative aimed at improving economic governance and expanding access to renewable energy…
FG Unveils 64 CNG Buses to Celebrate Nigeria’s 64th Independence Anniversary To commemorate Nigeria’s 64th Independence Anniversary, the Federal Government has introduced 64 Compressed Natural Gas (CNG) buses, reinforcing its commitment to providing affordable, eco-friendly transportation. The unveiling ceremony, held at the Presidential Villa, was led by Mr. Wale Edun, the Minister of Finance and…
Tinubu’s Executive Orders to Unlock $2.5bn in New Oil Sector Investments …JPMorgan renews interest in Nigeria, others Despite holding about 38 percent of Africa’s hydrocarbon reserves, Nigeria has attracted only just 4 percent of investments inflow into Africa since 2016. Nigeria, the most populous nation in Africa, boasts of over 37 billion barrels of proven…
NNPC Ltd Moves to Revive Brass, Olokola LNG Projects The Nigerian National Petroleum Company Limited (NNPCL) has begun discussions with investors towards bringing back Brass and Olokola Liquefied Natural Gas (LNG) projects. According to the national oil firm, the move is part of its bid to maximise the nation’s abundant gas resources for economic development…
