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Author Archives: admin

KEDCO Financial Performance Improves Power Restoration

…Appeals for prompt payment of outstanding bills…… Kano Electricity Distribution Plc (KEDCO) has reported steady improvements in its financial and operational performance following the restoration of power supply. This marks a recovery from the severe disruptions experienced during the September–October 2024 billing cycle, caused by widespread blackouts. Sani Bala Sani, Head of Corporate Communication at KEDCO, disclosed this in a ...

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Axxela Appoints New Group CEO As Osunsanya Retires

Axxela Limited,one of the leading gas and power portfolio companies in sub-Saharan Africa, has announced the official retirement of its Chief Executive Officer, Bolaji Osunsanya and the appointment of a successor, Ogbemi Ofuya as the new Group Chief Executive Officer. After over two decades of outstanding leadership at Axxela,and a distinguished career spanning over 35 years across consulting, financial services, ...

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9,000 Niger Delta Youths Empowered through Shell’s LiveWIRE Programme

Since its inception in 2003, the LiveWIRE programme, an initiative by The Shell Petroleum Development Company of Nigeria Limited (SPDC), has empowered over 9,000 youths across the Niger Delta region. Targeted at individuals aged 18 to 35, the programme aims to boost employment opportunities by providing entrepreneurial training, start-up grants, and business mentorship. In the latest chapter of this impactful ...

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Dangote Refinery Slashing of Petrol Price, Sets to Ignite Intense Competition in the Market

……by Ben Ndubuwa…. In a significant move aimed at reducing the cost of Premium Motor Spirit (PMS) in the country, Dangote Petroleum Refinery announced on Sunday that it has slashed the price of petrol from N990 per litre to N970 per litre. This price slash is expected to ignite intense competition as both major energy marketers and the independents are ...

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Ministers, Oil Industry Leaders To Converge at 13th Practical Nigerian Content Conference

A long list of oil industry leaders, ministers of the federal republic,national assembly members, as well as oil and gas stakeholders are confirmed to attend the 2024 edition of the Practical Nigerian Content Conference and Exhibition slated for the first week of December at the magnificent Nigerian Content Tower, Yenagoa, Bayelsa State. The theme of the event is “Deepening the ...

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Allegations of Missing Funds in Access Bank PLC

Our attention has been drawn to a video on social media wherein allegations of missing funds and unethical behaviour have been made against Access Bank PLC. First and foremost, we wish to emphasise that the safety and security of our customers’ funds are core priorities which we take seriously. Second, Access Bank Plc does not engage in or condone any ...

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Electricity: 3.5m Meters To Be Deployed To Band A Consumers

The Federal Government of Nigeria, under the Meter Acquisition Fund (MAF) scheme, has commenced the phased distribution of over a million prepayment meters to Band A electricity consumers in Nigeria. ConsumerConnect reports the government said the objective of the scheme was to accelerate the deployment of electricity meters and close the current metering gap in the power ecosystem in the ...

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NNPC Ltd Pledges Collaboration with Stakeholders to Develop Nigerian Football

GCEO of NNPC Ltd, Mr. Mele Kyari, welcoming the Chairman of National Sports Commission, Alhaji Shehu Dikko, and Managing Director of AfroSports, Mr. Rotimi Pedro, during a visit to the NNPC Towers. The Nigerian National Petroleum Company Limited (NNPC Ltd), has pledged to work closely with stakeholders in the sports sector to develop and commercialise the game of football in ...

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PAN Sets to Address Production and Quality Standards of Honey in Nigeria

……..Organizes Symposium……. As concerns about honey adulteration and quality rise globally, the Palynological Association of Nigeria (PAN) is stepping forward with a significant initiative. On November 27, 2024, PAN will host a symposium titled “Honey Production and Quality in Nigeria: Setting the Standards”, aimed at addressing the challenges of ensuring honey quality in the country. The event, scheduled for 9:00 ...

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Cabotage Vessel Financing Fund Intact for Maritime Capacity Development, NIMASA Boss

Photo caption: NIMASA Director-General, Dr. Dayo Mobereola ……..NIMASA Boss Committed to Disbursement…… Funds accrued under the Cabotage Vessel Financing Fund (CVFF) are intact and currently held with the Central Bank of Nigeria under the Single Treasury Account (TSA). This is contrary to a misleading publication alleging that the funds have disappeared from the CVFF account. The report of a missing ...

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