Dangote refinery begins petrol processing – Official
The 650,000 barrels per day Dangote Refinery has begun the processing of petrol, an official has said. The Nigerian National Petroleum Company Limited (NNPC Ltd) would buy its products exclusively, Reuters reported Monday, quoting an official of the company. We…
Geometric Power laments gas shortage
The management of the Geometric Power Plant has decried the acute shortage of natural gas supply to its 188-megawatt plant in the Osisioma Industrial Estate in Aba, Abia State, saying it is affecting the state’s economic growth. In a press…
NIPCO, partner unveil power projects in Lagos
NIPCO Gas has, in partnership with the Nigerian National Petroleum Company Gas Marketing Limited, unveiled the Lekki Gas Distribution Project and the Lekki Power Plant. NIPCO Gas entered into a partnership with the NGML for the supply and distribution of…
Tinubu Appoints Two Directors For Bank Of Industry
Akinde is a finance professional with over 20 years of Investment and Corporate Banking experience and an extensive track record covering capital raising (Debt, Equities and Hybrids) as well as Corporate Finance (Mergers & Acquisitions, Privatization Advisory and Project Finance)….
FG, states raise N100bn for meter procurement
The Federal Government and the states have raised N100bn for the procurement of prepaid electricity meters. Minister of Power, Adebayo Adelabu, said this was under the Presidential Meter Initiative programme. Adelabu disclosed this while addressing broadcasters in Ibadan, the Oyo…
Enugu Governor, Peter Mbah Urges Youth to Embrace Technology and Hard Work for Success
The governor of Enugu State, Dr. Peter Mbah, has advised youth of the state to embrace technology and imbibe the virtues of hard work, courage, and empathy in order to make success out of their lives. Mbah, however, emphasised that…
NNPC begins export of gas to Japan, China
The Nigeria National Petroleum Corporation (NNPC) Limited has announced the commencement of Liquefied Natural Gas (LNG) exports to the Asian markets of China and Japan. The spokesperson of the national oil company, Olufemi Soneye, made this disclosure in a statement…
Kogi monarch applauds World Bank, FG investment in livestock farming
The Ohinoyi of Ebiraland, His Majesty Ahmed Tijani Anaje, has commended the World Bank, Federal Government and Kogi State Government for investing heavily in the livestock sector to generate enormous income for Nigerians. The royal father stated this when staff…
FCMB appoints new board members
First City Monument Bank Limited has appointed Ademola Adebise and Mrs Olufunmilayo Adedibu to its board of directors. A statement from the bank on Wednesday described Adebise as a respected figure in the Nigerian financial industry and Adedibu as a…
Dangote Refinery Speaks On New Price Of Petrol Per Liter
Dangote Refinery Speaks On New Price Of Petrol Per Liter Dangote Petroleum Refinery has announced that it has yet to fix any price for its Premium Motor Spirit, popularly called petrol. A report earlier on Tuesday said dealers under the…