Seplat Energy Plc, leading indigenous energy company, has concluded the first phase of its training programme for journalists and media practitioners in Nigeria. The first phase of the programme covers thirty-seven (37) energy and judiciary correspondents cum editors. The Seplat Energy media training programme, which was organised in partnership with Channels Academy, is targeted at building reporting and editing capacity ...
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Heirs Holdings (HH) Convened Over 100 Board Members From Across All HH Investee companies
The HH Group Summit, held at the iconic Transcorp Hilton Hotel in Abuja from June 13 – 16, 2024, drew on the experience of board members of investee companies from sectors where HH invests: These are healthcare, power, energy, technology, financial services, hospitality, and real estate. Also present were trustees of the Group’s philanthropy, the Tony Elumelu Foundation, which catalyses ...
Read More »Access Bank PLC Breaks Ground on 60 Additional Classrooms in Kaduna, Seeks to Double Child Enrollment
Photo L-R: Roosevelt Ogbonna, FCA, CFA, Managing Director/CEO, Access Bank Group; Adamu Atta, Founder, Fifth Chukker; Uba Sani, Executive Governor, Kaduna; Aigboje Aig-Imoukhuede, CFR, Chairman, Access Holdings Plc, and Paul Usoro, SAN, Chairman, Access Bank Group, at the 2024 Access Bank UNICEF Charity Shield Polo Tournament held in Kaduna …Saturday. Access Bank PLC, one of Africa’s leading financial institutions, has ...
Read More »2024 Licencing Bid: NUPRC Gives Investors Additional 10 Days For Registration
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC), has offered another opportunity to investors by extending the 2024 licensing bid round registration by 10 days. Gbenga Komolafe, Commission Chief Executive Officer, who disclosed this in Abuja on Tuesday, said the extension is to allow interested investors to take advantage of the expanded opportunities. He explained that in pursuit of the commission’s ...
Read More »Asharami Synergy Ties Exceptional Performance In Aviation Fuel Market To Safety,Technology
Asharami Synergy Limited, a Sahara Group downstream company in Nigeria has attributed its sterling performance in the aviation fuel market to the firm’s commitment to safety, technology driven solutions and environmental sustainability. Speaking in Vienna, Austria, at the IATA Aviation Energy Forum, Foluso Sobanjo, Head, Downstream Africa, Sahara Group,disclosed that Asharami Synergy had a pedigree of exceptional performance in the ...
Read More »Minister Pledges an Uninterrupted Power Supply Soon
……by Victor Egbo……. The Minister of Power, Chief Adebayo Adelabu, has pledged that the federal government is doing that is possible to ensure Nigerians enjoy uninterrupted power supply in the nearest future. According to him, the ongoing reforms and transformation in the sector, would pave way for the regular electricity supply under the current administration. Adelabu,who disclosed thid after observing ...
Read More »Dangote Refinery: Aliko Explains How IOCs Frustrate Refinery Project, Sets to Flood Market with PMS Next Month
…………Expands Plant To 5.3 Billion Litres and Offsets $2.4 Billion out of $5.5 Billion loan…… … Lauds Afreximbank and Nigeria’s Access Bank for supporting the project…. …….by Ben Ndubuwa…….Last week in the Bahamas, Aliko Dangote, President Dangote Group explained how international oil companies tried to frustrate his refinery project by denying him access to their crude because they did not ...
Read More »Inflation Hits 33.95 Percent in May May Reach to 40 Percent
The National Bureau of Statistics disclosed in its latest data has disclosed that the Nigerian inflation rate has hit all time high of 33.95 percent in May 2024, moving to 40 percent if the government do not curb the rising trend This represents an increase of 0.26% points when compared to the April 2024 headline inflation rate, according to the ...
Read More »NLNG Reaches Overall Progress of 67 Percent Completion
…reiterates commitment to delivering Train 7 benefits to Nigerians Nigeria LNG Limited (NLNG) has reaffirmed its commitment to delivering economic benefits through the Train 7 project on Bonny Island. Speaking at a reconvened session of the Senate and House of Representatives’ Joint Committee on Gas (the Committee), officials of the Company provided necessary information and clarifications to address issues raised ...
Read More »IOCs Excited Over Plans by FG to Add Seven Deep Offshore Blocks to Bid Round
………..by Ben Ndubuwa…..As the federal government plans to include the seven deep offshore blocks from the 2022 Mini-Bid Round Exercise to the 2024 oil licensing round there are strong indication this plan may have arose the interest of the International Oil Companies (IOCs) to further invest more in Nigeria deep offshore instead of divesting their entire assets in Nigeria. Executive ...
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