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 2024
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 2024
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 2024
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 2024
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 2024
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 2024
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 2024
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…
Latest
59 mins ago
No fewer than 23 persons were feared dead, with several others injured, in an attack on seven farming settlements in Ovia South West Local Government Area of Edo on Friday, Feb. 21. The affected communities included Marindoti, Gbelemontin Domiju, Kola Village, Taiye Camp, Eto Camp, Dipe Community, Bala Dele Community, and Thousand Community. It was…
2 hours ago
Marvel and Disney's "Captain America: Brave New World" clung to the top of the North American box office this weekend despite a steep drop
2 hours ago
Bayern Munich re-established their eight-point lead at the top of the Bundesliga with a deserved 4-0 victory over Eintracht Frankfurt on Sunday. France star Michael Olise broke the deadlock before the break, Japanese defender Hiroki Ito doubled the lead after an hour and Jamal Musiala capped another inspirational display with a beautiful late third. It…
2 hours ago
Liverpool boss Arne Slot said the depth of quality in the Premier League means his side can take nothing for granted despite opening up an 11-point lead with a 2-0 win at Manchester City on Sunday. Second-placed Arsenal have a game in hand on the leaders, but Slot's men took a giant stride towards a…
2 hours ago
Free Trade Zones stakeholders have expressed concern over certain provisions of the Nigeria Tax Bill, 2024, seeking to expunge some sections of the acts establishing both the Nigeria Export Processing Zones Authority (NEPZA) and the Oil and Gas Free Zones Authority (OGFZA), which provide tax incentives for the Special Economic Zones (SEZs) scheme. The stakeholders…
2 hours ago
The Ogoni ethnic nationality in Rivers State has stated that state creation is the only solution to address their grievances of neglect and marginalisation and a key condition for the resumption of oil activities in the area. They have called on the federal government to expedite the creation of "Ogoni State," with the capital in…
2 hours ago
An Ibadan-based human rights activist, Femi Aborisade, has said that former military president Ibrahim Badamosi Babangida should be in prison for the rest of his life for damaging the country. It would be recalled that IBB launched his autobiography, A Journey of Service, on February 20, 2025, giving a personal account of his regime, which…
2 hours ago
The membership rank of the ruling All Progressives Grand Alliance (APGA) in Anambra State has continued to swell as key and critical stakeholders of the Peoples Democratic Party (PDP) in the Anaocha Local Government Area of the state have dumped it for the ruling party, APGA. These stakeholders, led by a former presidential aide/campaign strategist,…
2 hours ago
The Supreme Court has affirmed the provision of Section 84 of the Sheriff and Civil Process Act (S&CPA), requiring prior consent of the