Ikike field comes on stream, adds 50,000 bpd to Nigeria’s oil output By Eyo Nsima TotalEnergies Ikike oil field has come on stream, promising to add 50,000 barrels per day, bpd, to Nigeria’s output. The field, which is located on Oil Mining Lease, OML99, has TotalEnergies as operator (40%) in partnership with the Nigerian National […]
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Why Centre for Development Support Initiatives seeks Implementation of Climate Law By Mina Ogbanna The Centre for Development Support Initiatives (CEDSI) has joined over 60 civil society organisations (CSOs) in Nigeria to sign a petition, urging President Muhammad Buhari, Attorney-General and Minister of Justice, Abubakar Malami and the Minister of Environment, Mohammed Abdullahi, to implement
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JUST IN: Again, households, investors experience setback as power system collapse By Eyo Nsima Again, many households and companies in Nigeria have been thrown into darkness following another system collapse, apparently the sixth in 2022. Checks by The Daily, www.thedaily-ng.com, showed that as of 4 pm, only Omoku (45.5MW) and Trans-Amadi (33.40MW) were on the
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DANGOTE INDUSTRIES COMPLETES ISSUANCE OF ₦187.6BN SERIES 1 FIXED RATE SENIOR UNSECURED BOND, MARKING NIGERIA’S LARGEST CORPORATE BOND ISSUANCE Dangote Industries Limited (“DIL” or the “Group”), one of the leading, diversified, and fully integrated conglomerates in Nigeria and Africa is pleased to announce the successful completion of its ₦187.6bn Series 1 Bond Issuance (the “Transaction”),
BREAKING: Marketers increase petrol price to N179 per litre By Eyo Nsima Oil marketers have increased the price of petrol to N179 per litre, from N165 per litre nationwide. The increase was based on the directive of the Nigerian National Petroleum (NNPC) Limited, yesterday. In its directive obtained by The Daily, www.thedaily-ng.com, the NNPC had
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Biodiversity: Dangote Cement partners Agencies, Stakeholders on environmental sustainability …plants 7,205 trees to commemorate the 2022 Environmental Day Nigeria’s bid to reduce carbon emissions has received a boost as Pan-African cement manufacturer, Dangote Cement Plc entered into partnership with partnered with the United Nations Environment Programme (UNEP) and National Environmental Standards and the
Coleman opens $1bn fibre optic cable factory, targets African market By Eyo Nsima An oil and gas service company, Coleman Technical Industries Limited (CTIL) on Friday opened its multi-billion-dollar fibre optic cable manufacturing factory, hoping to take advantage of the African Continental Free Trade Area (AfCFTA) to play big in the African market. The company
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FENRAD to Governor Okezie Ikpeazu, “Are you still working with Aba Master plan?” As a leading civil society and environmental rights advocacy group in Abia State, Foundation for Environmental Rights, Advocacy and Development, FENRAD has raised concern over the works by Governor Ikpeazu-led administration after visiting Azikiwe Road, former Ahiaudele Market, Faulk’s, and Osusu roads
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