Tuesday, 7th December 2021
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Gas

23 Dec 2020
With Nigeria’s inflation escalating monthly due to the rising cost of essential consumption, operators in the gas downstream sector have advocated the need for increased conversion to gas-powered vehicles
23 Dec 2020
The over 202 trillion standard cubic feet deposit of gas in Nigeria could significantly improve economic development if the resource is harnessed for domestic benefits, Chairman of Oilserv Limited
16 Dec 2020
Minister of State for Petroleum Resources, Chief Timipre Marlin Sylva, has said that two new liquefied natural gas (LNG) facilities would generate 10,000 job opportunities in Kano. Sylva disclosed this while unveiling two major liquefied natural gas plants, in Kano. The minister declared that the establishment of LNG plants in northern part of country, was…
23 Nov 2020
Major players in the global oil and gas industry have agreed to conscientiously report methane emissions in a move to tackle one of the biggest contributors to global warming. The Oil and Gas Methane Partnership (OGMP) is a Climate and Clean Air Coalition (CCAC) initiative led by the United Nations Environment Programme (UNEP), European Commission…
23 Nov 2020
Obaseki woos investors with power, human capital, others The Nigeria Gas Company (NGC) Limited has pledged to embark on reclamation of its pipeline right of way from those who have already encroached on the land, appealing for cooperation from its host communities. NGC said that it was against the standard practice for individuals to either…
17 Nov 2020
The National Bureau of Statistics (NBS) on Tuesday said the average price for refilling five kilogrammes (5kg) cylinder of Cooking Gas decreased slightly to N1,953.71 in October from N1974.67 in September.
11 Nov 2020
Notwithstanding competition from renewables, the Nigerian Association of Petroleum Explorationists (NAPE) has said the government would not relent in its exploration activities in the frontier basins, especially in the Benue trough, by deploying new technologies that aid investment decision-making. NAPE President, Alex Tarka, preparatory to the Association’s yearly conference and exhibition, told journalists yesterday that…
11 Nov 2020
The Executive Vice Chairman/CEO of the Nigerian Communications Commission (NCC), Prof. Umar Garba Danbatta, has underscored the centrality of economic diversification and ethical leadership at all levels of government as panacea to the current economic headwinds in Nigeria. Danbatta stated this when he delivered a paper titled: “Ethical Leadership as an Instrument for National Sustainability…
2 Nov 2020
The initiative conceptualises a post-petroleum economy for Nigeria that is related to an energy transition from fossil fuels to renewable energy sources in Nigeria. The groundbreaking research toward a post-petroleum economy was commissioned by the Environmental Rights Action/Friends of the Earth Nigeria (ERA/FoEN) to provide some cost-benefit analysis of oil and gas and the prospects of…
30 Oct 2020
Barring unforeseen circumstances, the newly-licensed Lagos Commodities and Futures Exchange (LCFE), is targeting about 10 million Nigerian youths for empowerment as commodities traders under its proposed capacity building programme. The Exchange plans to leverage its state-of-the-art technology to bring millennials and those in the group of Generation Z to the commodities and futures exchange ecosystem…
24 Sep 2020
Experts has said for Nigeria to benefit from the two billion global wastes, the government must ensure rapid investment in clean and renewable energy, saying the country must begin to think circularly to regain waste as a resource. These thoughts were expressed during the last of four sustainability webinar series by Lafarge Africa, which focused…
15 Sep 2020
Nigeria is gifted with large quantities of solid minerals across virtually every state of the federation. Like oil and gas, solid minerals are essential to the country’s development due to their manifold utility. Thus, state governments have a vital role to play if governance in the mining sector will improve and subsequently have a positive…

Latest

12 mins ago
TradeDepot, the leading B2B eCommerce and embedded finance platform in Africa, has raised $110 million in an equity and debt funding round to support the delivery of Buy-Now-Pay-Later services to 5 million SME retailers and drive further expansion of its merchant platform across the continent. The new funding will also support the expansion of the…
16 mins ago
The Nigerian Senate has called on the British authorities to consider removing Nigeria from their Coronavirus (COVID-19) red list.
26 mins ago
President of the Ugwumba Leadership Centre for Africa and All Progressives Congress (APC), Uche Nwosu has urged the Federal Government to partner with private organizations and individuals to drive its women and youths' empowerment policies and programmes. He said such measures will eliminate observed sharp practices that have undermined the government's efforts at tackling youths…
30 mins ago
Many students are feared dead in the Ojodu area of Lagos State after a truck ran into them on Tuesday afternoon. The accident happened along Isheri Road, just before the Ojodu Police Station. An eyewitness said the accident which occurred at about 3:00 pm claimed the lives of over 10 students with others injured from…
38 mins ago
The Central Bank of Nigeria (CBN) on Tuesday released guidelines for its “Production and Productivity” initiative, through the “100 projects for EVERY 100 days” project.