Jonathan Njoku, Senior Supervisor, Planning, Research and Statistics, NCDMB, and Charlotte Essiet, Lead Facilitator of Elint Systems with delegates of P100 companies at the NCDMB training on partnerships and Alliances in Lagos. …Beneficiaries urge NCDMB, MoPR to transition P-100 into a sectoral working group  The Project 100 beneficiaries have been equipped with advanced skills to scale up as leading Nigerian oil ...

Engr. Wole Ogunsanya, Chairman  of PETAN The Chairman  of Petroleum Technology Association of Nigeria (PETAN), Engr. Wole Ogunsanya has called for the privatization of Nigeria’s oil and gas pipelines in what he termed “commonwealth solution’”, to ensure efficiency and sustainability of the nation’s critical oil and gas industry. He made the charge at the Nigeria International Pipeline and Security Conference ...

*…Says Claims Are Crass Display of Ignorance* The attention of the Nigerian National Petroleum Company Limited (NNPC Ltd) has been drawn to a video clip of one Timothy Mgbere, a self-acclaimed “community person” who alleged that the much publicised restreaming of the Port Harcourt and truck-out of Premium Motor Spirit (petrol) which held earlier in the week were all false. ...

The Nigerian National Petroleum Company Limited (NNPCL)  has issued a statement clarifying that it has not yet begun bulk sales of its products or opened its purchase portal for Port Harcourt Refining Company (PHRC). NNPCL  assured the public that essential processes are still being finalized before these operations can commence. In an official release, NNPCL explained that all products currently ...

Aba Power Electric Ltd, Nigeria’s newest electricity distribution company, is working towards obtaining more natural gas supplies from its partners to increase electricity to nine of the 17 local government areas (LGAs) in Abia State it services as the Transmission Company of Nigeria (TCN) starts the regular services of the Alaoji-Aba 132kv line. A statement this morning by Ugo Opiegbe, ...

The Court of Appeal in Abuja has temporarily stayed the execution of a Federal High Court judgment that barred the Economic and Financial Crimes Commission from investigating Leno Adesanya, the promoter of Sunrise Power and Transmission Ltd, over alleged criminal activities connected to the $6bn Mambilla hydropower contract. A three-member panel of the appellate court, led by Justice Joseph Oyewole, ...

…….Ben Ndubuwa…. The Major Energy Marketers Association of Nigeria (MEMAN) has said that members distributed more than 251,797,142 litres of Premium Motor Spirit (PMS) from the Dangote Refinery over the past 10 weeks. This milestone highlights the group’s efforts to stabilize fuel supply across the country both from the refinery and with additional volumes from import. Speaking during Wednesday MEMAN ...

Nigeria’s Petroleum Industry Act (PIA) of 2021, a landmark legislation meant to regulate the country’s oil and gas sector, continues to face challenges despite its initial promise to streamline the industry and attract investments. Key stakeholders have highlighted unresolved issues hampering progress in a recent forum organized by the Centre for Petroleum Information (CPI). At the CPI’s Oil and Gas ...

Further to our July 14, 2023 announcement regarding the above subject, Access Holdings PLC (‘Access Holdings’ or ‘the Company’) is pleased to announce that its flagship subsidiary, Access Bank PLC (‘Access Bank’ or ‘the Bank’) has completed the acquisition of Standard Chartered Bank Angola S.A and Standard Chartered Bank (Sierra Leone] Limited (‘the Acquisitions’). Commenting on the completion milestone, Roosevelt ...

Buoyed by the ranking as Nigeria’s top performing organisation in efficiency and transparency from 2022 to date, the Nigerian Content Development and Monitoring Board (NCDMB) has unveiled plans to mark the 2024 World Anti-corruption Day on Thursday, 5th December at the Nigerian Content Tower, Bayelsa State. The theme of this year’s celebration is “Effective Whistleblowers Protection Mechanism: A Critical Tool ...