Shell, partners revamp flood-ravaged hospital in N’Delta The Shell Petroleum Development Company of Nigeria (SPDC) and its joint venture partners have given a new lease of life to government owned Edagberi Cottage Hospital in Ahoada West Local Government area of Rivers State. The 20-bed hospital was ravaged by flood in 2012 which rendered it […]
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SERAP sues Tinubu over failure to publish spending details of N400bn fuel subsidy savings Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against President Bola Ahmed Tinubu over “the failure to publish spending details of about N400bn so far saved as a result of the removal of subsidy on Premium Motor Spirit
NIGER: War not solution to democracy, Senate tells ECOWAS The Senate of the Federal Republic of Nigeria, Saturday, discouraged the Economic Community of West African States, ECOWAS, from going to war against new military government in Niger. The President Bola Tinubu-led ECOWAS had already warned the military to restore democracy or face military intervention
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Chevron Nigeria Limited Onboards Agbonu Ogulagha-Ibe Host Community Development Trust Chevron Nigeria Limited (“CNL”), operator of the joint venture between the Nigerian National Petroleum Company Limited (“NNPCL”) and CNL, (“NNPCL/CNL JV”), has successfully completed an onboarding workshop for members of the Board of Trustees (“BOT”), Management Committee (“MC”) and Advisory Committee (“AC”) of the
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Big 5 Construct Nigeria returns to Lagos connecting 140+ exhibitors with 8,000 construction professionals Nigeria boasts Africa’s largest economy, surpassing $450 billion in GDP. Its thriving construction sector drives GDP growth, fueled by improved economic conditions, higher oil revenues, and significant government investment in infrastructure projects. Big 5 Construct Nigeria, which returns to Lagos and
Sahara Power Group highlights sustainability milestones in Gree’n’lectric e-zine Africa’s largest private power business, Sahara Power Group (SPG), has released the second edition of Gree’n’lectric, an e-zine dedicated to promoting clean energy and environmental responsibility in the continent’s power sector. SPG, a Sahara Group company comprising Egbin Power, First Independent Power Limited (FIPL), and
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NCC warns against sale, use of non-type approved devices The Nigerian Communications Commission (NCC), has warned traders and other stakeholders about the negative consequences of selling and purchasing phones and telecommunications gadgets that are not type approved by the Commission. The certification of telecom devices used in the telecom sector is one of the mandates of
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Wabote Advocates Corporate Governance for Indigenous Oil Firms, lauds Aradel Holdings Indigenous oil and gas companies must instil principles of corporate governance in their operations if they are to grow and achieve sustainability, the Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote has said. Speaking virtually on Friday at the
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OIL MARKET: Prices hit $86.55 per barrel on OPEC meeting By Eyo Nsima The prices of crude oil have risen to more than $86.55 per barrel, from $82 per barrel, due mainly to the resolutions of the just-concluded meeting of the Joint Ministerial Monitoring Committee (JMMC) of the Organisation of Petroleum Exporting Countries; OPEC. The
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OIL MARKET: Prices leap toward $90 per barrel on Saudi Arabia supply cut By Eyo Nsima Crude oil prices continued to leap toward $90 per barrel in early August 2023, from about $80 recorded in June 2023, due mainly on account of Saudi Arabia’s supply cut. Specifically, the prices of Brent, OPEC Basket and
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