NIPCO PLC achieves 69% turnover increase in 2023 despite product, FX challenges
... gears up for a promising 2024, focuses on strategic investments, expansion of gas infrastructure Oredola Adeola NIPCO PLC, one of Nigeria's leading downstream oil and gas companies, has recorded…
MAN DG pledges support for Coleman products to boost market penetration
Thelma Tokunbo Thelma Tokunbo has committed to enhancing the market penetration of Coleman Wires and Cable products across Africa. Mr. Ajayi-Kadir made this promise during a recent tour of Coleman…
Dangote secures $5.33m for importation of gasoil, LPFO from $105.33m CBN FX auction allocation
.... secures $105.33m out of total of $876.26 million at a rate of N1,495/$1 Oredola Adeola The Dangote Oil & Gas Company Limited received $5.33 million for the importation…
Egbin Power bags triple ISO certifications, reinforces commitment to operational excellence
Oredola Adeola Egbin Power Plc, Nigeria’s largest power generation company, has been certified to three ISO standards, underscoring its commitment to high operational standards and quality management systems. Mokhtar…
NUPRC dismisses Dangote Refinery’s allegations of weak enforcement of Domestic Crude Supply Obligation
... reaffirms active enforcement of PIA Section 109 for Domestic Crude Supply to Dangote, others, on 'willing buyer, willing seller' basis ... Dangote Refinery secures 29,047,098 barrels (90.6%) of domestic…
Dangote Refinery accuses NUPRC of failing to enforce Domestic Crude Supply Obligation
"We have never accused NNPC of not supplying us with crude" - Dangote's spokesperson Oredola Adeola Dangote Refinery has revealed that the Nigerian National Petroleum Company Limited (NNPCL) provided approximately…
Adelabu to power up Lagos-Ogun corridor with $200m JICA loan secured by Fashola
... to upgrade power for 200 Lagos/Ogun communities with 203 km of HV lines in Agbara-Mowe-Sagamu corridor Oredola Adeola Chief Adebayo Adelabu, the Minister of Power, has confirmed the…
EKEDC urges customers to embrace meter applications, report installers demanding fees
... orders MAP vendors to clear installation backlogs within weeks, vows sanctions ... launches Rapid Response Team to minimize downtime, address faults promptly Oredola Adeola The Eko Electricity Distribution Company…
11 Plc tackles Ikeja fire incident, confirms evacuation of injured victims to hospital
...NNPCL confirms explosion did not impact NGML/NIPCO CNG stations ... six vehicles damaged, nearby building impacted; cause under investigation, two suffer severe burns Thelma Tokunbo Following a fire outbreak at…
NNPC Ltd denies sabotage allegations against domestic refiners, asserts legal compliance, fair practices
"Refining business is a straightforward business which any investor should know before coming into the market" Kyari informs Senate Committee Oredola Adeola The Nigerian National Petroleum Company Limited (NNPCL) asserted…