Mr Chinedu Bosah, National Coordinator, Coalition for Affordable and Regular Electricity (CARE), says the Federal Government needs to significantly invest in the power sector to address cutizens’ energy demands. Bosah made the call in an interview on Sunday in Lagos. that the government needed to invest substantially in generating, transmission and distribution capacities to meet these demands. According to him, ...

Over $ 44 billion has been paid as Dividends by the Nigeria Liquefied Natural Gas Limited (NLNG ) since it became operational 25 years ago. Andy Odey, the General Manager for External Relations and Sustainable Development disclosed in an interview on Wednesday. Odey said the company has distributed over $44 billion in dividends, contributing significantly to the Nigerian economy, particularly ...

At the inaugural summit of the Crude Oil Refinery Owners Association of Nigeria (CORAN), Abdulrazaq Isa, chairman of the Independent Petroleum Producers Group (IPPG) and Waltersmith Refinery & Petrochemical Company, expressed optimism about Nigeria’s journey toward becoming a net exporter of petroleum products. Speaking on behalf of IPPG, the Chairman applauded the summit’s theme, “Making Nigeria a Net Exporter of ...

… says Nigeria can become a refining hub Chairman of Dangote Refinery and Petrochemicals Company Limited, Aliko Dangote, made this assertion during his keynote address at a summit held in Lagos by the Crude Oil Refinery Owners Association of Nigeria (CORAN). The event attracted top government officials and key stakeholders from the midstream and downstream sectors. This is even as ...

……by Ben Ndubuwa……. Over 6,500 local and international investors and exhibitors have registered to participate in the forthcoming Nigeria Energy Exhibition and Conference slated for 15th to 17th October, 2024 despite the current forex volatility being faced by Nigerian businesses. The Exhibition Director, Nigeria Energy/Africa Energy Expo, Ade Yesufu, said this year’s participation is huge and impressive despite the financial ...

Senator Heineken Lokpobiri, Minister of State for Petroleum Resources (Oil), has refuted claims made by Engr. Kamoru Busari, Director of Upstream in the Ministry of Petroleum Resources, regarding the Nigerian National Petroleum Company Limited (NNPCL). Busari, representing the Minister at the inaugural Crude Oil Refiners Association of Nigeria (COREN) Summit in Lagos, suggested that NNPCL should cease operations at the ...

…….by Ben Ndubuwa…… Abdulrazaq Isa, Chairman of the Independent Petroleum Producers Group (IPPG), has raised concerns over Nigeria’s current crude oil production levels, describing them as an existential threat to the country’s socio-economic wellbeing. Nigeria’s output of 1.35 million barrels per day, according to Isa, jeopardizes the ability to provide feedstock for domestic refineries. Speaking at the 2024 Crude Oil ...

…to be held in Lagos from October 15 th – 17 th , 2024…. The Nigeria Energy Exhibition and Conference is to hold with the endorsement of the Nigerian Federal Ministry of Power. This 11th edition of the Nigeria Energy Exhibition and Conference is set to return to the Landmark Center in Lagos, Nigeria, from October 15th to 17th, 2024, ...

Access Holdings Plc (‘Access Holdings’) is pleased to inform the investing public and the Nigerian Exchange Ltd that its flagship subsidiary, Access Bank Plc (‘Access Bank’ or ‘the Bank’) has obtained a provisional licence from the Bank of Namibia to establish a commercial bank in Namibia. Commenting on the development, Roosevelt Ogbonna, Managing Director/Chief Executive Officer of Access Bank PLC, ...

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