ENERGY TRANSITION: IOCs shift to gas as environmentalists, others battle against fossil fuel By Eyo Nsima The International Oil Companies, IOCs, have started shifting toward gas as environmentalists and others battle against fossil fuel production and consumption, according to African Energy Chamber, AEC. In its latest report, ‘The State of African Energy 2022’, […]
NIGERIA POWER REPORT 1.Peak Generation – 3,925MW 2. Lowest Generation – 3434.04MW 3. Energy Generated – 89141.28MW 4. Energy Sent Out – 87772.43MW 5. Generation at – 2702.6MW 6. Highest System Frequency – 50.84Hz 7. Lowest System Frequency – 49.1Hz49 8. Highest Voltage – 353kV 9. Lowest Voltage – 300kV 10. National Peak Demand Forecast
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NCC Rallies Media Stakeholders to Enhance Effective Reporting of Telecoms Industry Consistent with its strategic objective of stakeholder collaboration and partnering, the Nigerian Communications Commission (NCC) recently met a section of stakeholders in the mass media industry. The forum was a workshop, organised to keep Nigerian journalists who specialise in reporting the telecom and ICT
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NCC Allays Subscribers’ Fears on Service Providers’ Agitation for Tariff Increase …Says no tariff hike without recourse to empirical studies The Nigerian Communications Commission (NCC) has monitored with keen interest the deluge of reports in the media on the demand by Mobile Network Operators (MNOs) ostensibly to increase tariffs of telecom services and has taken
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NCC Issues Final Letters of Licence Awards to 5G Spectrum Winners The Nigerian Communications Commission (NCC) has confirmed issuance of the final letters of award of the Fifth Generation (5G) Spectrum Licences to MTN and Mafab Communications, winners of the 3.5GHz spectrum auction conducted by the Commission on Monday, December 13, 2021. Management of the
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Q1: Dangote Cement ramps-up production at Okpella plant …as earnings per share hit ₦6.18 Africa’s biggest cement manufacturer, Dangote Cement, has ramped up production at its newest plant, in Okpella Edo State even as its earnings per share rose by 16.8 percent to N6.18 in the three months ended March 31, 2022. Ramping up production at the
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OIL MARKET: Brent, other Crudes prices rise over $108 per barrel as European Commission bans Russian oil By Eyo Nsima The prices of Brent and other crudes have risen over $108 per barrel as the European Commission, EC, officially proposed a full ban on Russian crude and oil product imports by the end of 2022.
MARITIME: Accidents drop 6.3% to 311 cases in four months By Our Correspondents The global maritime accidents have dropped marginally to 311cases in the first four months (January – April) of 2022, from 332 cases, recorded in the corresponding period of 2021, indicating a fall of 6.3 percent. A breakdown showed that 90, 77, 69 and seven
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UKRAINE WAR: Indian tanker, SUNNY LIGER with Russian oil stranded in North Sea as Sweden, Rotterdam, Amsterdam refuse entry By Eyo Nsima An Indian tanker, SUNNY LIGER, with a commercial quantity of Russian oil, has been stranded in the North Sea as Sweden, Rotterdam and Amsterdam refuse entry. This has affected supply and worsened the ongoing instability in the global oil
