energy sector
2 Nov
The Federal Government of Nigeria has confirmed its readiness to host the headquarters of the Africa Energy Bank (AEB), following the country’s successful bid in July 2024. Preparations are well underway to ensure a seamless operational launch of the Bank in the first quarter of 2025, marking a significant milestone in Africa’s energy sector development.…
16 Oct
Experts in the energy sector have stressed that enhanced investment is crucial to the growth of the Nigerian oil and gas industry. They spoke during the Kenna Partners Energy Dialogue held in Lagos at the weekend.
21 Sep
Kano State government is partnering Tony Blair Institute (TBI) for global change to attract $23.5m worth of investment and wealth creation in energy sector.
4 Sep
The Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) has expressed great excitement over the commencement of premium motor spirit (PMS) production by Dangote Refinery. The refinery, which is set to revolutionise Nigeria's petroleum industry, began producing petrol this week. Aliko Dangote, the Executive Chairman and CEO of Dangote Refinery, announced at a press…
31 Jul
In its truest sense, the economic concept of capitalism is the rational functionality of basic laws of demand and supply to determine the prices, and consequential allocation of goods and services, in free markets, with the overriding objective of profit maximisation.
9 Apr
The Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri and the Minister of State for Petroleum (Gas) Ekperikpe Ekpo are to speak at the 23rd yearly NOG Energy Week 2024 following the Executive Order by President Bola Ahmed Tinubu on government’s strategies in strengthening the country’s energy sector.
26 Mar
Tetracore Energy Group celebrated with its inaugural Graduate Management Trainee Class of 2023 as 12 exceptional graduates who had undergone rigorous training over the past months completed their training. The inaugural Graduate Management Trainee program commenced on the 25th September, with a grand inauguration ceremony held at the prestigious Tetracore headquarters in Lagos. The program…
8 Mar
The Chief Executive Officer, Coleman Wires and Cables, West Africa’s largest cable manufacturer, George Onafowokan, has attributed the success of the brand to a commitment to standardization, adherence to rules, and a focus on maintaining high standards of quality. He made this known while speaking at the Nigeria International Energy Summit (NIES) 2024, held in…
7 Mar
Mainstream Energy Solutions Limited and the Northeast Development Commission (NEDC) have insisted that a drastic improvement in manpower remains sacrosanct in Nigeria if the country meets the projected electricity supply target.
7 Mar
Nigeria's 11 electricity Distribution Companies (DisCos) and Generation Companies (GenCos) may face licence revocation over poor power supply, Minister of Power, Adebayo Adelabu, has threatened yesterday.
28 Feb
The House of Representatives, on Wednesday, turned down the report of its Ad-hoc Committee that investigated the alleged irregularities and corruption in the acquisition of OVH Energy Marketing by the Nigerian National Petroleum Company Limited (NNPCL). The Hon. Hassan Abubakar Nalaraba-led Committee's report was discarded after it was debated at plenary on Tuesday due to…
25 Jan
The Niger state government has sued three power stations and their operators in the Federal High Court in Minna demanding the payment of outstanding ground rent charges of N136, 696, 127, 200 from 2017 to 2022. In two separate writ of summon, the Niger State Revenue Service is listed as the plaintiff while Shiroro Hydro…