Oyedele fiscal policy Committee teams up with NEITI to drive oil, gas, extractive industry transparency
Oredola Adeola The Presidential Committee on Fiscal Policy and Tax Reforms (PCFPTR) has agreed to partner with the Nigeria Extractive Industries Transparency Initiative (NEITI) to leverage the findings…
NLC, TUC give FG 14 days to lessen economic impact of fuel price hike, Naira devaluation
Oredola Adeola Following the Federal Government's failure to implement the 16-point agreement agreed on October 2, 2023, the Nigeria Labour Congress and the Trade Union Congress have given…
NNPC Ltd. finally agrees to CBN oversight of oil sales revenue
Oredola Adeola The Nigerian National Petroleum Company Limited (NNPC Ltd.) has agreed to the Federal Government's directive for the Central Bank of Nigeria (CBN) to oversee the management…
Court orders Tinubu to regulate petroleum products, essential goods within seven days
Oredola Adeola The Federal High Court in Lagos has issued a directive to the administration of President Bola Tinubu to regulate the prices of Premium Motor Spirit (petrol), Diesel,…
NNPCL, TotalEnergies, partners commence oil production from Akpo West Field, add 14,000bpd to Nigeria’s output
The Nigerian National Petroleum Company Limited (NNPC Ltd.) TotalEnergies and partners have commenced crude oil production from the Akpo West Field, adding about 14,000 barrels per day of condensate to…
NSIA, UK FCDO, partners launch Green Guarantee Company, with $1bn guarantee to mobilize climate finance for developing countries
Oredola Adeola The world's first climate-focused guarantee company, the Green Guarantee Company (GGC), has been launched by the Nigeria Sovereign Investment Authority (NSIA) alongside the United Kingdom’s Foreign,…
Ikeja Electric attains triple certification in quality, environmental, safety management systems
Oredola Adeola Ikeja Electric Plc Integrated Management System (IMS) has been simultaneously recertified with three major certifications - ISO 9001:2015 for Quality Management Systems, ISO 14001:2015 for Environmental Management Systems,…
Tantita arrests MT Harbour Spirit for crude oil theft in Delta State
Oredola Adeola The Tantita Security Services Limited, in collaboration with the Nigerian Navy other security operatives have arrested another vessel Motor Tanker (MT) Harbour Spirit, with IMO No. 8226272,…
NCDMB parleys Chevron, commits to fast-tracking oil, gas projects approvals
Oredola Adeola The Nigerian Content Development and Monitoring Board (NCDMB) has pledged to expedite the approval of requests and documents submitted by oil and gas companies to ensure…
Tinubu, OPEC SG among speakers to discuss new energy world order at NIES 2024
Oredola Adeola The Nigeria International Energy Summit (NIES) 2024, scheduled to take place at the International Conference Centre (ICC) in Abuja, Nigeria, from February 26 to March 1, 2024,…