Minister of State Petroleum Resources (Gas), Rt. Hon. Ekperikpe Ekpo, today visited the site of the gas explosion at Ita Oshin in Abeokuta, Ogun State, where there was a loss of life and destruction of property, as a truck conveying CNG, which experienced brake failure, crashed into the road barricade and the truck head went up in flames. On the ...
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keja Electric Celebrates It’s Workers With Awards for Excellence and Investments in Infrastructure
Nigerias leading electricity distribution company, Ikeja Electric Plc (IE), has reiterated its commitment to accelerated network upgrades aimed at providing efficient service delivery to her customers. This assurance was made in a statement issued by the companys Head of Corporate Communications, Mr. Kingsley Okotie to commemorate the International Workers Day celebration in appreciation of the commitment and resilience of the ...
Read More »FirstBank Emerges Best Private Bank In Nigeria, Best For Sustainable Investment In Africa
L-R: Idowu Thompson, Group Executive, Private Banking and Wealth Management, FirstBank receiving the Best Private Bank award trophy from Joseph Giarraputo, Founder and Editorial Director, Global Finance Magazine during a networking session at the dinner and award ceremony of the Global Finance ninth annual World’s Best Private Banks Awards for 2024 held recently in New York, USA. FirstBank of Nigeria ...
Read More »NCDMB Receives N450m Interim Dividend from Waltersmith Modular Refinery
… Firm declares N4.5bn Dividend for 2023….. The Nigerian Content Development and Monitoring Board (NCDMB) announced on Monday that it had received an interim dividend payment of N450 million out theN1.5bn declared by the Waltersmith Refinery and Petrochemical Company Limited. This payment represents NCDMB’s 30% share in the company for the year ended 2023. The NCDMB had in July 2018 ...
Read More »MEMAN Assures Nigerians of Ending Fuel Scarcity in Few Days Time Not Weeks
………..frown at speculations of price increase…….…….by Ben Ndubuwa…..The Major Energies Marketers Association of Nigeria (MEMAN) has Said that it deeply empathizes with Nigerians facing the challenges occasioned by the current non availability of Premium MotorSpirit (PMS) and the resulting queues at many retail outlets expressing dissatisfaction over the frustration and difficulties this situation has created.. MEMAN said that they are ...
Read More »NUPRC Sets 12 Blocks for 2024 Bid Rounds
The Nigerian Upstream Petroleum Regulatory Commission, NUPRC, yesterday, disclosed that it has commenced the process for the 2024 oil bid round with 12 oil blocks on offer and seven deep offshore blocks from last year’s bid round. The Commission Chief Executive, Engr. Gbenga Komolafe who disclosed this at the inaugural NEITI House Dialogue in Abuja, said the process will be ...
Read More »The Aggregate Platform TAP Celebrates its 4th Anniversary
The Aggregator Programme (TAP) for the Alleviation of Hunger is an independent charity powered by Oando employees (#HumansOfOando) to relieve hunger in Nigeria’s most vulnerable communities through feeding programs. Conceived in April 2020, TAP was designed as a short-term solution to alleviate hunger during the COVID-19 pandemic in Nigeria. The initiative recognised that there was a huge gap, despite contributions ...
Read More »ExxonMobil Reports Weak Q1, 2024 Profit Earnings
ExxonMobil Corp has reported a major profit drop from its announced first quarter results on Friday. The oil giant missed analysts’ estimates with a 28 per cent year-on-year drop in first quarter profits as weaker refining margins and lower natural gas prices offset volume gains. Latest results from oil and gas companies including Chevron and TotalEnergies reflect a sharp downturn ...
Read More »Renewable Energy Firm Expands Nigeria’s Operations After Acquisition Deal
Nigeria is set to witness expanded renewable energy investment afterIgnite Power, a renewable energy firm, escalates further into the West Africa. This is after the firm made strategic acquisition of Oolu, a prominent provider of renewable energy solutions in West Africa. The acquisition, further expands its access in Nigeria, Burkina Faso, Cameroon, and Senegal. It aims to replicate the success ...
Read More »UNN International Talkshop: Public Relations Key to Crisis Management – Anyaegbudike Chevron’s Official
The Manager of Communications, Chevron Nigeria and Mid-Africa Business Unit, Victor Anyaegbudike has said that effective public relations strategies were essential to maintaining stakeholder trust, managing crises, and ensuring the long-term success of corporate organizations. Victor Anyaegbudike Anyaegbudike stated this while delivering a paper titled: “Corporate Organizations, Public Relations, and Crisis Management” as a guest lecturer during the 2024 Jackson ...
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