Thursday , 23 November 2017

Alison_Godswill

Natgas exporting countries convene as global buyers’ market rises

Top officials of major gas producing countries are meeting this week in Bolivia to weigh how to shore up prices that have been hammered by expanding supplies of the fuel that are giving global buyers greater sway over purchase and contract terms.   The Gas Exporting Countries Forum (GECF), which aspires to be the OPEC for natural gas suppliers, kicked …

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NNPC completes 539km of gas pipeline projects

The Nigerian National Petroleum Corporation (NNPC) has so far completed, commissioned and delivered 500km of gas pipelines between 2010 to date as part of an aggressive expansion of gas pipeline infrastructure across the country. Group Managing Director of the NNPC, Dr. Maikanti Baru, stated this on Tuesday in Abuja at the 2017 Conference and Annual General Meeting of the Nigerian …

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Winner Emerges In 2017 UBA Foundation National Essay Competition

It was an all-female affair as 15-year-old Samuella Sam-Orlu of British Nigerian Academy, Abuja emerged the overall winner of the 2017 edition of the UBA Foundation National Essay Competition, winning an educational grant of N1 million to study in any African university of her choice, as well as a laptop. Sam-Orlu clinched the first position at the grand finale, which was held on Monday at the UBA Head Office, …

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Full text of Mugabe’s resignation letter

The Honourable Jacob Mudenda Notice of resignation as President of the Republic of Zimbabwe In terms of the provisions of section 96 (1) of the constitution of Zimbabwe, amendment number 20, 2013. Following my verbal communication with the Speaker of the National Assembly, Advocate Jacob Mudenda at 13:53 hours, 21st November, 2017 intimating my intention to resign as President of the Republic …

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30 people killed in attack on cattle herders in northeast Nigeria -police official

Unidentified attackers killed more than 30 cattle herders in the north-eastern Nigerian state of Adamawa, a police spokesman said on Tuesday.   The attack, in the Numan area of Adamawa, began on Sunday night and fighting continued into Monday morning, said Othman Abubakar, a police spokesman for the state, adding that an investigation was underway. He gave no further details.   Earlier on Tuesday, a …

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Service firms get training on upgraded NOGIC JQS

Ahead of the February 2018 deadline to digitalize core operations and eliminate paper applications, the Nigerian Content Development and Monitoring Board (NCDMB) recently organized trainings for personnel of service companies on the use of the upgraded NOGIC JQS platform. The one day intensive training ran consecutively for five days in Yenagoa, Bayelsa State and drew several participants. Operating companies had …

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SPDC JV’s Afam VI power plant secures licence for another 10 years

The Nigeria Electricity Regulatory Commission has renewed the power generation licence for Afam VI Power Plant, a 650MW-capacity facility that has delivered over 24.16 million Megawatt-hour (MWh) of electricity into the Nigerian grid between inception in 2008 and 2016. Afam VI is owned by The Shell Petroleum Development Company Joint Venture (SPDC JV) and located in Okoloma in Oyigbo Local …

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Nigeria holds benchmark interest rate at 14 pct

Nigeria’s central bank held its benchmark interest rate at 14 percent, its governor said on Tuesday, following a Monetary Policy Committee meeting. All 15 analysts polled last week said rates would be held at 14 percent in Nigeria, with cuts of up to 100 basis points expected in either July or September 2018. –        Mfuneko Toyana; Reuters

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