NNPC-SNEPCO donate vehicles, ambulance to boost security, healthcare in Lagos The Nigerian National Petroleum Company Ltd (NNPC) and Shell Nigeria Exploration and Production Company Ltd (SNEPCo) today donated vehicles including a specialised ambulance in support of security and health services in Lagos State. The Lagos State Security Trust Fund (LSSTF) received two vehicles while an…
Dangote Polypropylene Production Set to Revive Textile Industry and Save Nigeria $267 Million, Claims MAN Lagos, Nigeria – The Manufacturers Association of Nigeria (MAN) has announced a transformative development that is expected to revitalize the country’s once-thriving textile industry. In a detailed interview on the Channels Business Incorporated Programme, Segun Kadir-Ajayi, Director-General of MAN, revealed…
NIMC Cracks Down on Unauthorized Printing of NIN Cards Lagos, Nigeria – The National Identity Management Commission (NIMC) has issued a stern warning against the indiscriminate and unauthorized printing of NIN cards by unscrupulous individuals, cyber cafes, and certain organizations. The commission has made it clear that no entity other than itself is authorized to…
NERC Announces ₦509.84bn Revenue Collection by DisCos in Q4 2024 Abuja, Nigeria – In its much-anticipated quarterly report for 2024, the Nigerian Electricity Regulatory Commission (NERC) revealed that electricity distribution companies (DisCos) in the country collected a total revenue of ₦509.84 billion in the fourth quarter. This figure represents a significant portion of the ₦658.40…
Seplat Energy Drives Gender Equity in STEM at SPEWLLS 2025 Lagos, Nigeria – In a landmark event that underscored the transformative power of inclusivity in the energy sector, Seplat Energy has taken center stage at the Society of Petroleum Engineers Women Leadership Lecture Series (SPEWLLS) 2025. Held on March 21 at the prestigious Capital Club…
US Imports Over 2 Million Barrels of Jet Fuel from Dangote Refinery Washington, D.C. – In a remarkable demonstration of Nigeria’s rising influence in global energy markets, the United States has imported more than two million barrels of jet fuel from the Dangote Petroleum Refinery & Petrochemicals during March. This historic milestone is being hailed…
Global Renewable Energy Surge: Nations Amplify Climate Targets Ahead of 2035 LONDON, UK – A compelling new report has revealed a significant global push towards renewable energy, as nations worldwide submit their updated Nationally Determined Contributions (NDC 3.0) in anticipation of the 2035 climate goals. Conducted by 350.org in collaboration with Zero Carbon Analytics, the…
International Electricity Customers Owe Nigeria $8.84 Million, NERC Report Reveals ABUJA, Nigeria – A recent report released by the Nigerian Electricity Regulatory Commission (NERC) has exposed a significant financial deficit in the nation’s power sector, with international customers owing Nigeria $8.84 million for electricity supplied in the fourth quarter of 2024. The NERC report detailed…
Dangote Refinery, Others Face $1.4bn Monthly Crude Import Bill Amid Uncertainty The Dangote Petroleum Refinery and several modular refineries in Nigeria are projected to spend approximately $8.56 billion over six months to import an estimated 122.4 million barrels of crude oil to reach full operational capacity. This translates to about $1.43 billion per month in…
Multisub Energy and OHCDT Empower Host Communities with Solar Lights and Infrastructure Projects …NUPRC Applauds Multisub’s Commitment to Social Investment In a move to uplift and empower host communities, Multisub Energy Limited, an indigenous oil and gas exploration and production company, in collaboration with the Olure Host Communities’ Development Trust (OHCDT), has commissioned several community…
