Brevity Anderson, a strategic advisory and consultancy firm specializing in facilitation and optimizing international trade and business operations has signed a landmark Memorandum of Understanding (MoU) with the African Petroleum Producers Organization (APPO). The signing of this strategic partnership, which took place in Malabo, Equatorial Guinea at the ongoing 6th meeting of APPO National Oil Companies CEOs’ forum, reinforces Brevity ...
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Nigeria’s Refining Industry: African Powerhouse in the Making – MEMAN Chairman
…….by Ben Ndubuwa….. The Major Energies Marketers Association (MEMAN), has said that the refining industry in Nigeria is on the brink of a transformative era, and poised to become a refining powerhouse in Africa. The Chairman MEMAN, Mr. Huub Stokman said Nigeria has the ability to rise to its full potential as a refining giant. “We should celebrate the achievements ...
Read More »PEGASSAN Seeks Strategic Shift on Divestments by IOCs as Local Investors are Bedeviled by Paucity of Funds
……Wants FG to Acquire More Equity Stake in Dangote Refinery…. ………by Ben Ndubuwa…….. The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has said that the growing trend of divestment by International Oil Companies (IOCs) in Nigeria, needs strategic shifts that prioritize local empowerment and innovation. PENGASSAN cautioned that while divestments can present opportunities for the Nigerian economy, ...
Read More »Electric Vehicles are the Future of Sustainable Mobility and Energy Security – MEMAN
………by Ben Ndubuwa……… The Major Energies Marketers Association of Nigeria (MEMEN) has said that the global shift towards electric vehicles (EVs) is gaining momentum as countries push for cleaner energy and reduced emissions to combat climate change. This transition aligns with global commitments such as the United Nations’ Sustainable Development Goals (SDGs) and the Paris Accord. MEMAN pointed out that ...
Read More »CNL Decries Circulation of False Recruitment Information
Chevron Nigeria Limited (CNL), operator of the Nigeria National Petroleum Company Limited (NNPCL) and CNL Joint Venture has received reports of false recruitment information in several media and online channels purportedly by CNL and Chevron Corporation, advertising job positions in CNL and offering job slots for sale. Additionally, these fraudulent job offers have reportedly been circulated through emails, text messages ...
Read More »NERC Warns of Harsh Penalties for Tampering with Electricity Facilities
The Nigerian Electricity Regulatory Commission (NERC) has warned power users about the illegal tampering of electricity facilities, emphasizing that offenders could face significant penalties under the new 2023 Electricity Act. In a recent statement on its social media platform, NERC outlined the legal consequences for various offenses, including unauthorized connections and meter tampering. Offenders may face a jail term of ...
Read More »Renewable Energy Alliance to Host 3rd Annual International Conference in Abuja
The Renewable Energy and Energy Efficiency Associations Alliance (REEEA-A) is set to host its 3rd Annual International Conference on September 25-26, 2024, at the Abuja Continental Hotel. The conference, themed “Road to Net Zero – Actionable Initiatives for Success,” is a timely response to Nigeria’s growing energy demands and the urgent need to combat climate challenges. Bringing together policymakers, industry ...
Read More »DisCos Remit ₦706.73 Billion in 2023, Says NERC
The Nigerian Electricity Regulatory Commission (NERC) has announced that power distribution companies (DisCos) in Nigeria remitted ₦706.73 billion in 2023. This information was disclosed in NERC’s 2023 annual report and accounts, released on Monday. According to the report, DisCos received a total invoice of ₦858.03 billion for energy supplied by the Nigerian Bulk Electricity Trading (NBET) and for service charges ...
Read More »Gastech: Nigeria and Libya Resume Talk on $13 Billion Gas Pipeline Project to Morocco
………by Victor Egbo……. The Federal government of Nigeria has resumed discussions with Libya government over the possibility of the proposed $13 billion Nigeria-Morocco gas pipeline project passing through Libya instead of Algeria to Morocco.then to Europe. The talks were revealed by Nigeria’s Minister of Petroleum (Gas), Rt. Hon. Ekperikpe Ekpo, during a meeting with Libya’s Minister of Oil, Dr. Khalifa ...
Read More »Access Holding Grows Revenue to N2.2 Trillion in H1 2024
Access Holdings Plc, a leading global financial institution, announced its half-year audited financial results for the period ended 30 June 2024. The results underscore the company’s continued resilience, focus on delivering sustainable performance and commitment to creating long-term value for shareholders. Performance Highlights Access Holdings Plc demonstrated strong performance across all key balance sheet indicators and continues to maintain a ...
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