Author name: Alison Godswill

NNPC Limited Declares ₦5.4 Trillion Profit After Tax

NNPC Ltd Calls for Development of Institutions to Finance Energy Projects 

NNPC Ltd Calls for Development of Institutions to Finance Energy Projects   The Nigerian National Petroleum Company Limited (NNPC Ltd) has called for the establishment of more local institutions in Nigeria and Africa with capacity to provide funding for energy projects to tackle energy poverty. The call was made by the Chief Financial Officer of […]

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The data storage behind smart and safe cities

The data storage behind smart and safe cities

The data storage behind smart and safe cities By Ghassan Azzi, Sales Director, Africa, Western Digital Whilst technological breakthroughs and the adoption of digital technologies have brought a new era of progress, it can sometimes be hard for the untrained eye to recognise cutting-edge innovations in every-day life. However, smart cities are a key field

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NNPC Ltd Declares State of Emergency on Crude Oil Production

NNPC Ltd Declares State of Emergency on Crude Oil Production

NNPC Ltd Declares State of Emergency on Crude Oil Production   In a move towards increasing Nigeria’s crude oil production and growing its reserves, NNPC Ltd has declared a state of emergency on production in Nigeria’s oil and gas industry.   Group Chief Executive Officer of NNPC Ltd, Mr. Mele Kyari, disclosed this in a

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Access Holdings Plc Holds Signing Ceremony in Respect of Proposed ₦351 Billion Rights Issue

Access Holdings Plc Holds Signing Ceremony in Respect of Proposed ₦351 Billion Rights Issue

Access Holdings Plc Holds Signing Ceremony in Respect of Proposed ₦351 Billion Rights Issue   Access Holdings Plc (“Access Holdings” or “the Group”) on Tuesday, June 2, 2024, held a formal signing ceremony as part of the arrangements to raise a total of ₦351,009,103,017.25 (Three hundred and fifty-one billion, nine million, one hundred and three

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President of Dangote Group, Aliko Dangote and the Vice-President of Nigeria, kashim Shettima and Otunba Francis Meshioye, MAN president during the MAN Summit at the Villa in Abuja.

Global economic downturn: Dangote urges government to protect local industries.

Global economic downturn: Dangote urges government to protect local industries.   President of the Dangote Group, Aliko Dangote, has advocated for policies that safeguard domestic industries and cultivate them into indigenous champions capable of generating jobs and fostering prosperity in the face of current global economic woes. The foremost entrepreneur told the gathering of manufacturers

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NNPC Retail Debunks “Lubricants-for-Petrol” Claims

NNPC Retail Debunks “Lubricants-for-Petrol” Claims

NNPC Retail Debunks “Lubricants-for-Petrol” Claims   The NNPC Retail Limited said its attention has been drawn to a recent video clip making rounds on social media (X to be precise) concerning a fuel pump attendant in one of NNPC filling stations. In the said video, customers were coerced to purchase lubricants or engine oil as

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2023 elections: Court dismisses INEC motion seeking to set aside judgment on electoral offenders

SERAP gives CBN 7 days to ‘account for missing N100bn dirty notes, other public funds’

SERAP gives CBN 7 days to ‘account for missing N100bn dirty notes, other public funds’   Socio-Economic Rights and Accountability Project (SERAP) has urged Mr. Olayemi Cardoso, governor of the Central Bank of Nigeria (CBN), “to account for and explain the whereabouts of the over N100 billion ‘dirty and bad notes’ and ‘other large sum

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Afreximbank and the WTO Secretariat harmonize efforts to develop trade in Africa

Afreximbank and the WTO Secretariat harmonize efforts to develop trade in Africa

Afreximbank and the WTO Secretariat harmonize efforts to develop trade in Africa   Today, African Export-Import Bank (Afreximbank or “the Bank”) (www.Afreximbank.com) signed a Memorandum of Understanding (MoU) with the World Trade Organization (WTO) to amplify the impact of their strategically aligned joint efforts of promoting global trade leveraging Africa’s unique resource endowment. The MoU

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2,659 Compete as NNPC Foundation Unveils Business Opportunities for Youth Corps Members

2,659 Compete as NNPC Foundation Unveils Business Opportunities for Youth Corps Members

2,659 Compete as NNPC Foundation Unveils Business Opportunities for Youth Corps Members   A total of 2,659 members of the National Youth Service Corps (NYSC) across Nigeria have been pre-qualified for the final phase of the NNPC Foundation Business Pitching Exercise. Billed to hold from July 2nd to 10th, 2024, the exercise is an integral

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African Energy Chamber Drives Intra-African Energy Investment in Lagos

African Energy Chamber Drives Intra-African Energy Investment in Lagos

African Energy Chamber Drives Intra-African Energy Investment in Lagos   The Invest in African Energies roadshow in Lagos – organized by the African Energy Chamber (AEC) (http://www.EnergyChamber.org) on June 25 – united more than 250 Nigerian entrepreneurs and investors interested in accessing opportunities in Africa’s oil and gas and energy sector. Nigeria is home to

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