Friday, 31st March 2023
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27 Jan 2015
ELECTRICITY Management Services Limited (EMSL) has endorsed the products, processes and manufacturing facilities of MOMAS Electric Meters Manufacturing Company Limited (MEMMCOL).   EMSL one of the successor organisations of the former Power Holding Company of Nigeria, charged with the sustained technical inspection, testing and certification of all electrical equipment, power systems and electrical Installations in…
20 Jan 2015
BARELY 55 years ago, five oil-producing developing countries including Iran, Iraq, Kuwait, Saudi Arabia and Venezuela, gathered in the Iraqi capital Baghdad to form the Organization of the Petroleum Exporting Countries (OPEC).    That meeting was a momentous as it was held at a time when the oil market was dominated by the established industrialized…
20 Jan 2015
THE Aberdeen-based company, Eland, an oil & gas production, development and exploration company operating in West Africa with a principal focus on Nigeria, has announced that Elcrest Exploration and Production Nigeria Limited (“Elcrest”), Eland’s joint venture company, has completed the loading and sale of a further 31,500 bbls gross of crude for an average price…
20 Jan 2015
THE Federal Government has explained how it has been able to raise generating capacity to over 4500mw within four years.   Minister of Power, Prof. Chinedu Nebo, stated that Nigerians would have enjoyed much more stable power supply, if the activities of vandals blowing up pipelines had not increased in recent times.   The minister…
20 Jan 2015
APPARENTLY thrown into grief moment by the demise of its Chairman, Techno Oil Limited has applauded the indelible footprint of Late Dr. John Nnadi, to the rising profile of the indigenous company.   The Executive Vice-Chairman of Techno Oil, Mrs. Nkechi Obi, in a statement mave available to The Guardian, described Nnadi as a father…
20 Jan 2015
THE announcement by the Federal Government to reduce the price of a litre of fuel from N97 to N87 was not unexpected as many countries around the world have taken advantage of the decline in crude oil prices to cut their pump prices.   The United States of America, which has within a very short…
20 Jan 2015
THE Nigerian National Petroleum Corporation (NNPC) has initiated a new scheme to ensure smooth distribution of Dual Purpose Kerosene (DPK) across the country.    The Group General Manager, Group Public Affairs Division, Ohi Alegbe, in a stamen made available to The Guardian recently, said the ‘Kero Correct’ initiative would cut-off the several layers of middlemen…
30 Sep 2009
SHELL Global Solutions, a unit of Royal Dutch Shell, is pushing to expand its upstream business by selling to oil producers in Asia and the Middle East technology designed to boost output of mature fields, an executive with the company has said.
30 Sep 2009
IN 1896, Nigeria flagged-off power generation with a 20-mega watt (mw) capacity power plant located in Ijora, Lagos. With this development, all were agog with anticipations that the feat would fast-track growth and development of the African giant, even when it was yet to get independence.
7 Jul 2007
THE World Bank has disclosed that its financing for renewable energy and energy efficiency projects in developing countries has risen by 24 per cent in the last fiscal year to $3.3 billion. The apex bank in a statement released recently said that in the past five years, it had approved 366 projects in 90 countries, noting that last year alone, the bank approved 99 projects in 48 countries.


The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has secured the conviction of Umar Hussaini, a lawyer to former Comptroller-General of Nigeria Customs Service (NSC), the late Abdullahi Dikko, over a N1.1 billion fraud.
2 mins ago
Nigeria contingents' already maxing preparation for hajj 2023 in the Kingdom of Saudi Arabia may soon be inundated with unsuspecting shock in the rise of fare considering the global upsurge essentially among major participating countries.
3 mins ago
Losing one's memory and sense of self is a terrifying reality, especially for individuals suffering from different forms of dementia. As humans age, the body begins to experience changes in different parts, and the risk for dementia grows. While this is a global trend, statistics have reported that more than 900,000 people are living with…
11 mins ago
The Enugu State Governor-Elect, Dr. Peter Mbah, has dedicated the March 18 governorship victory and his certificate of return to the electorate in the state who made it possible through their massive votes and support at the polls.
32 mins ago
First Bank of Nigeria Limited has announced a phased corporate name change of its subsidiaries in the United Kingdom and Sub-Saharan Africa.