.. eyes strong growth, digital transformation in 2024 ….. NIPCO PLC has achieved a significant milestone in its business operations with over 250 branded outlets in the company’s two decades history. This landmark achievement was announced by Suresh Kumar, Managing Director/CEO of NIPCO Gas, during the company’s 2023 Annual General Meeting held at the Abuja Continental Hotel ,FCT Abuja . ...

Oando Plc was the highlight of the trading week ending August 9, 2024, as the stock posted a 60.47% gain to close with a share price of N40.60. This is as banking stocks recorded a N316 .4 billion equity gain, with the NGX Banking Index rising by 5.14% during the week. During the week, the NGX rose by 0.84%, with ...

Chappal Energies has made notable strides in Nigeria’s energy sector through two recent acquisition agreements with two major international firms, Equinor and TotalEnergies. As supermajors seek to divest their onshore and shallow-water assets in Nigeria, aiming to decarbonize their portfolios and align themselves with their energy transition strategies, Chappal Energies, registered in Mauritius, is set to expand its holdings and ...

Eko Electricity Distribution Company (EKEDC) has urged its unmetered customers to register for prepaid meters to eliminate estimated billing. Mrs Rekhiat Momoh, the acting Chief Executive Officer of EKEDC, made this appeal during a Customers’ Engagement forum in ljora Business Unit on Thursday in Lagos. The Business Intelligence (TBI Africa) reports that customers at the forum were drawn from various ...

. ……….Nigeria’s cost of production compared to many countries is too high…… ……..by Ben Ndubuwa.. ..The Petroleum Technology Association of Nigeria (PETAN) is seeking support from Aradel Holdings to improve Nigeria’s oil production and bridge the gap between its producing and selling costs. PETAN chairman, Mr Wole Ogunsanya, disclosed this during a courtesy visit by the association’s delegation to the ...

Salahudden Tahir; Amina Danmadami; Francis Nwaochei and Felix Obike; Names and faces at a press conference to conclude the 47th NAICE in Lagos The Society of Petroleum Engineers (SPE) has declared that many feats being enjoyed in the Nigeria’s oil industry, including the marginal field programme, were the brainchildren of its past conferences.Promising to do more during a press conference ...

Photo: A cross section of Shell Staff at the 2024 Nigeria annual international conference and exhibition of the Society of Petroleum Engineers (SPE), Annual Banquet and Awards…held in Lagos Shell Companies in Nigeria (SCiN) won the coveted Best Exhibitor award at the 2024 Nigeria Annual International Conference and Exhibition of the Society of Petroleum Engineers (SPE) held in Lagos from ...

Chief Adebayo Adelabu receives Governor Dapo Abiodun in Abuja on Thursday ………by Ben Ndubuwa……Chief Adebayo Adelabu, the Minister of Power, has confirmed the plan utilisation of the Japan International Cooperation Agency (JICA) $200million loan to enhance transmission infrastructure along the Lagos-Ogun Industrial Corridor, which includes the Agbara, Mowe, and Sagamu industrial clusters. The disclosure was made in a statement by ...

Dangote Refinery has revealed that the Nigerian National Petroleum Company Limited (NNPCL) provided approximately 60 percent of the 50 million barrels of crude oil it recently lifted. The company has therefore pointed fingers at the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) for its perceived reluctance to enforce the domestic crude supply obligation, which has hindered the refinery from receiving its ...

The management of North South Power Company Limited (NSPCL) in Niger State has sensitised communities around the Shiroro Hydro-Electric Power Plant to desist from water-based activities. Mr Olubunmi Peters, the Vice Chairman NSPCL, gave the warning during the annual stakeholders’ flood sensitisation and awareness forum in Minna, the state capital, on Thursday, August 8, 2024. Peters, represented by Abdullahi Hassan, ...