March 28, 2024

Business

SNEPCO MD meets OPEC Secretary General

SNEPCO MD meets OPEC Secretary General   L-R: Secretary General of the Organization of the Petroleum Exporting Countries (OPEC), His Excellency, Haitham Al Ghais;Managing Director, Shell Nigeria Exploration and Production Company Limited (SNEPCo,) Elohor Aiboni and the Permanent Secretary of the Federal Ministry of Petroleum Resources, Gabriel Aduda…during the Ministers and Heads of Delegation dinner at […]

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SERAP sues governors, Wike ‘over failure to account for missing N40 trillion LGA allocations’

SERAP sues governors, Wike ‘over failure to account for missing N40 trillion LGA allocations’   Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against Nigeria’s governors and the Minister of the Federal Capital Territory, Abuja, Mr Nyesom Wike “over their failure to account for the alleged missing N40 trillion federal allocations meant for

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NIGERIA: NARTO strike ends as FG accepts to pay bridging claims

NIGERIA: NARTO strike ends as FG accepts to pay bridging claims

NIGERIA: NARTO strike ends as FG accepts to pay bridging claims   By Eyo Nsima The Nigerian Association of Road Transport Owners, NARTO, has called off  its strike in Nigeria following the acceptance of the Federal Government to pay outstanding bridging claims for the transportation of petrol across the country. The Minister of State Petroleum Resources

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Nabalayo, Major, win Asharami Synergy Kenya Creative Writing Competition

Nabalayo, Major, win Asharami Synergy Kenya Creative Writing Competition

Nabalayo, Major, win Asharami Synergy Kenya Creative Writing Competition   Asharami Synergy Kenya Limited, a Sahara Group Company, has announced Hope Nabalayo and Ariel Major, both students at University of Nairobi as joint winners of its creative writing competition at an awards ceremony held at KCA University, Nairobi, Kenya. Cheryl Omolo, Jomo Kenyatta University of Agriculture and

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Zandaux Echoes “One Africa. One Market” to Propel African Business Connectivity

Zandaux is set to redefine African business connectivity and the African B28 e-commerce sector by launching its revolutionary multi-vendor platform in South Africa, following successful debuts in Kenya and Nigeria in January. The platform that is on a mission to create a One Africa-One Market has earned widespread acclaim for its intuitive interface, robust features,

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How NUPRC worked assiduously to reposition upstream oil and gas industry in Nigeria

How NUPRC worked assiduously to reposition upstream oil and gas industry in Nigeria

How NUPRC worked assiduously to reposition upstream oil and gas industry in Nigeria   By ENGR. GBENGA KOMOLAFE It is a great pleasure and honour for me to deliver this keynote speech to this esteemed audience of professionals and eminent stakeholders in the African oil and gas industry at the8th Sub-Saharan Africa International Petroleum, Exhibition

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IMPROVING THE IMPLEMENTATION AML/CFT REQUIREMENTS APPLICABLE TO NON-PROFIT ENTITIES BY BANKS AND OTHER FINANCIAL INSTITUTIONS

Improving Implementation AML/CFT Requirements Applicable to Non-Profit Entities By Banks and Other Financial Institutions

Improving Implementation AML/CFT Requirements Applicable to Non-Profit Entities By Banks and Other Financial Institutions   By Victoria Ibezim-Ohaeri Good morning, distinguished guests, representatives of the banking sector and other financial institutions, stewards of civil society, donors and philanthropic community, members of the academia and the press, and all who have gathered here today. On behalf

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Senate Committee, NCDMB Hold Inaugural Meeting, To Collaborate on Local Content Implementation

The Senate Committee on Local Content on Wednesday held the first interactive session with the leadership of the Nigerian Content Development and Monitoring Board (NCDMB) at the Senate Building at Abuja and resolved to collaborate and deepen the implementation of local content in the oil and gas industry and linkage sectors. The Chairman of the

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FG Commends Dangote Cement for Vital Roles in Economic Diversification

FG Commends Dangote Cement for Vital Roles in Economic Diversification   …Minister lauds Cement Plant’s promotion of best practices   The Federal Government has commended the leading roles being played by the Dangote Group to complement government’s efforts to diversify the nation’s economy and the company’s dedication to promotion of best practices in all its

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ELECTRICITY: DisCos collected N260.16bn revenue in Q3’23 — report

ELECTRICITY: DisCos collected N260.16bn revenue in Q3’23 — report   By Eyo Nsima The revenue collected by Electricity Distribution Companies, GenCos, dropped quarter-on-quarter, QoQ by 1.10 per cent to N260.16 billion in the third quarter of 2023, from N263.08 billion in the second quarter of 2023. However, on a year-on-year, YoY basis, the revenue generated

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