Dangote refinery accuses NMDPRA of permitting import of ultra-high sulfur Russian diesel
... faults IOCs for inflating local crude prices by $6 above market rates Oredola Adeola Dangote Oil Refinery and Petrochemicals has raised concerns about its survival, accusing the Nigerian…
FG boosts foreign reserves by $5 m with first gold sale
Oredola Adeola The Federal Government has executed the first commercial transaction under the National Gold Purchase Program (NGPP), having refined over 70 kilograms of gold bars sourced from local artisanal…
11 DisCos receive N21.86bn for metering of unmetered Band A customers
... as NERC allocates N4.36bn to Ikeja Electric, N2.99bn to Abuja DisCo, N2.92bn to EKEDC Oredola Adeola The Nigerian Electricity Regulatory Commission (NERC) has approved the use of N21,864,851,725.00…
After 7 years of delays, FG confirms August 2024 completion date for OB3 gas pipeline
... new contractors adopt advanced micro-tunneling technology enabling OB3 pipeline under River Niger Oredola Adeola After over seven years of attempts to meet the deadline, August 2024 has…
All On awards $395,000 grant to Ceesolar Energy Ltd, to provide off-grid power to Bayelsa community
Oredola Adeola All On, a Nigerian impact investing company, has awarded a $395,000 grant to Ceesolar Energy Limited to provide off-grid power for 430 connections, benefiting around 2,000 residents of Oweighoroha…
Nigeria, Russia, US, six others account for 75% of global gas flaring in 2023 -World Bank reports
...flared gas in 2023, reaches 148 bcm, highest level since 2019 ... 9 bcm increase reverts world to levels last seen in 2019, with 6 years left to zero routine…
PETAN proposes JV with Abia State to operate 158 oil wells
... to leverage NUPRC's marginal field scheme Oredola Adeola The Petroleum Technology Association of Nigeria (PETAN) has proposed a Joint Venture (JV) model with the Abia State Government to…
Sanwo-Olu visits Paris’ Rungis Market, seeks collaboration for Lagos Food and Logistics Hub project
Oredola Adeola As part of efforts put in place to advance the construction of sub-Saharan Africa's largest Food Security Systems and Central Logistics Park on a 1.2 million square…
SEforALL Board reappoints Damilola Ogunbiyi for a second 5-year term as CEO
Oredola Adeola The Sustainable Energy for All (SEforALL) Governance Board approved the reappointment of Ms. Damilola Ogunbiyi to a second five-year term as Chief Executive Officer. Sherry Kennedy, SEforALL, Director of Communications,…
Band A supply milestone: IBEDC delivers 620 hours of electricity to customers since April
Oredola Adeola The Ibadan Electricity Distribution Company (IBEDC) has announced that it has delivered a cumulative minimum of 620 hours of electricity supply to its customers via the…
