Two Nigerian entrepreneurs have been shortlisted among 21 finalists for the Shell LiveWIRE Top Ten Innovators Awards, a global competition which highlights and rewards businesses that demonstrate excellence in innovation as well as giving entrepreneurs a chance to shine on a global platform. T Shell Media Relations Manager, Mr Bamidele Odugbesan said in a statement listed businesses as ” FarmToJuice…
The Nigerian Association of Small Scale Industrialists (NASSI), has urged the Federal Government to totally unbundle the power sector to attract more investors. Chief Solomon Vongfa, NASSI National President who made the call in Abuja on Sunday, said unbundling the sector totally would also boost electricity supply in the country. According to Vongfa, unbundling the…
U.S. Southern District Court of New York has delivered judgment in favour of the Nigerian National Petroleum Corporation (NNPC) against ESSO Exploration and Production Nigeria Limited and Shell Nigerian Exploration and Production Company Limited (collectively ESSO). The Corporation disclosed this in a statement issued by Mr Ndu Ughamadu, the Spokesman for the corporation, on…
Nigeria’s leading Pan-African Energy Conference, Oil and Gas Masters’ Ball, Africa (OGMBA) is set to host industry stakeholders at the maiden edition of the Oil and Gas Grand Ball at the exquisite Civic Centre, Victoria Island Lagos on Sunday November 24, 2019 at 6pm. The Grand Ball aims to unite magnates in the energy industry…
Oil prices were steady on Friday, with crude benchmarks poised for multi-week gains, amid a sharp drawdown in U.S. crude inventories, while trade tensions eased after Washington and Beijing agreed to hold high-level talks next month. Brent crude was up six cents at 61.01 dollars a barrel by 0339 GMT, while U.S. West Texas Intermediate…
Economic and Financial Crimes Commission (EFCC) Port Harcourt Zonal Office, says it has commenced investigation of 58 suspected oil thieves allegedly involved in illegal oil bunkering. The EFCC on its website said the suspects and vessels were handed over to the EFCC by the Nigerian Navy Ship (NNS) Pathfinder for further investigation and possible prosecution….
The Eko Electricity Distribution Company Plc (EKEDC), says it is partnering with the Lagos State Building Control Agency (LASBCA) to remove all illegal structures erected by consumers on its Right of Way (RoW). The EKEDC Chief Executive Officer, Mr Adeoye Fadeyibi, made this known on Friday at the Customers’ Consultative Town Hall meeting with electricity…
Minister of Environment, Mohammad Mahmoud Abubakar, promised to ensure a comprehensive clean-up of Ogoniland in the Niger Delta region. The minister made the submission in Abuja on Friday, September 6, 2019 at the Joint Meeting of the Government Council (GC) and Board of Trustees of the Hydrocarbon Pollution Remediation Project (HYPREP) in his remark after assuming the chairmanship position of the HYPREP Governing…
The Federal Government on Thursday reiterated its commitment to ensure that Ogoni-clean-up project was effectively implemented. Dr Mohammad Abubakar, the Minister of Environment said this at a joint meeting of Governing Council and Board of Trustees (BoTs) of the Hydrocarbon Pollution Remediation Project, in Abuja. Abubakar, who was also the Chairman of the BoTs said…
The Benin Electricity and Distribution Company (BEDC) has been petitioned by an electricity consumer, Mr Shaibu Abraham, for illegal disconnection and demanding gratification by an official of the utility company in the Edo capital. In a petition dated Sept. 4, 2019 which was obtained in Benin on Thursday, the petitioner, through his lawyer, Douglas Ogbangwa…
