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** Presents Awards and  inaugurate new executives ** As Lawmakers, community leaders urge the club to embrace unity, togetherness  The member Lagos State House of Assembly representing Epe Constituency I, Hon. Abiodun Tobun and High Chief Olawale Mogaji, the Otun Balogun of Epe Kingdom has urged members of Club Seventies Epe to ensure that unity and togetherness remains there watchword.Tobun ...

Today, another important milestone was achieved at the headquarters of the Economic Community of West African States (ECOWAS) as four significant Memoranda of Understanding related to the Nigeria Morocco Gas Pipeline Project were signed. Additionally, the project’s Steering Committee convened to discuss the progress of the Project and its strategic direction. Four Memoranda of Understanding were signed on Friday, June ...

At the FESTAC Africa 2023, Ecologistics Integrated Services announced the company has signed a Memo of Understanding with Zoetic Global and Tesla Carbon Bank, a voluntary carbon credit program, to facilitate the growth of Africa’s carbon market. FESTAC AFRICA is a celebration of the black people all over the world with themes on their arts, culture, heritage and other various ...

The Nigerian Content Development and Monitoring Board, NCDMB, has accepted to lead discussion at the 2023 National Conference on Building Local Content Synergy between the Insurance Industry and Oil and Gas Sector. Executive Secretary of the Board, Simbi Kesiye Wabote, who has confirmed NCDMB’s participation has also accepted to be the Guest speaker at the conference being organized by STANMEG ...

The Transmission Company of Nigeria (TCN) electricity substation in the Alagbon area of Lagos State has been gutted by fire. The fire incident which occurred at about 4:30 pm on Wednesday, affected one of its 60MVA power transformers in the substation. In a statement, the spokesperson of TCN, Ndidi Mbah, said the operator on duty heard a heavy bang from ...

REA, Managing Director, Mr. Salihijo Ahmad …….. by Jenifer Dike……. The Rural Electrification Agency (REA) says it has signed a Memorandum of Understanding (MoU) with Oando Clean Energy Limited (OCEL) to boost renewable energy access the country. Mr Mukhtar Ibrahim, acting Director, Promotions, in a statement in Abuja yesterday, said that the MoU signing is aimed at boostimg collaboration between ...

…… by Ben Ndubuwa…… The Central Bank of Nigeria (CBN) has collapsed segmentation of the foreign exchange market, saying that “All segments are now collapsed into the Investors and Exporters, I&E, window.”The Central Bank of Nigeria, CBN, has abolished segmentation of the foreign exchange market, stating that “All segments are now collapsed into the Investors and Exporters, I&E, window.The CBN, ...

Shell Nigeria Exploration and Production Company(SNEPCo) said, it paid a total of $907 million as taxes and royalties to the federal government last year as its operations continued to contribute to the national purse to finance development. Also last year, the company and its partners remitted more than $20.73 million to the Niger Delta Development Commission (NDDC) in compliance with ...

Belema Oil Producing Limited and the Nigerian National Petroleum Company (NNPC) Limited have been issued different operating licenses by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) to establish new crude oil terminals. This was disclosed in a statement released by NMDPRA on Tuesday, after Engr. Farouk Ahmed, Authority Chief Executive, presented the certificate to Jack-Rich, Chief Executive Officer, ...

……may grant level playing field but initially heat up products prices…. ……by Ben Ndubuwa…… Finally petroleum products Marketers may now have unhindered access to forex as the Central Bank of Nigeria (CBN) has granted banks freedom to trade forex at any rate. This official floating of the naira currency after years of sticking with a hard peg that scared investors ...