Breaking: Chief of Naval Staff tasks officers on Engineering, Maintenance as Engineering Week opens in Lagos By Eyo Nsima The Chief of Naval Staff, Vice Admiral AZ Gambo, has tasked officers on Engineering and Maintenance of ships and other facilities as Naval Engineering Retreat opens in Lagos. . Details later.
All On, Infibranches Sign a $2m Deal to Drive Growth in the Nigerian Renewable Energy Sector Shell-funded impact investment company All On is pleased to announce a $2m investment in a fintech company, Infibranches Technologies Limited to help bridge the energy distribution gap in underserved rural and peri-urban areas of Nigeria. Olusola Owoyemi, Infibranches CEO,
Buhari appoints Ararume Board Chairman of new NNPC Ltd By Eyo Nsima President Muhammadu Buhari, Sunday, ordered the immediate incorporation of NNPC Limited in line with the provision of the Petroleum Industry Act (PIA). The President also named Senator Ifeanyi Ararume as NNPC Limited Board Chairman with Mele Kolo Kyari and Umar I. Ajiya as
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SERAP asks Lawan, Gbajabiamila to reject Buhari’s fresh request to borrow $4bn, €710m Socio-Economic Rights and Accountability Project (SERAP) has urged the Senate President Dr. Ahmad Lawan, and Speaker of House of Representatives Mr Femi Gbajabiamila to reject the fresh request by President Muhammadu Buhari to borrow $4 billion and €710 million until
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NCDMB, Host Communities Parley on Security of Projects, Jobs The Nigerian Content Development and Monitoring Board (NCDMB) on Tuesday in Yenagoa held the maiden interactive session with representatives of host communities of its major projects in Bayelsa State and charged them to protect and support the projects in their localities to ensure their timely
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Sylva opens NCDMB Research Incubation Centre, launches $50m R&D Fund The Minister of State for Petroleum Resources, Chief Timipre Sylva on Thursday commissioned the Nigerian Content Development and Monitoring Board’s Technology Incubation and Innovation Center and formally launched the US$50 million Nigerian Content Research and Development Fund. The Minister performed these tasks at the second edition of the NCDMB R&D Fair and Conference held on Thursday at the
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NCDMB, Bayelsa sign Power Purchase Agreement on 10MW IPP The Nigerian Content Development and Monitoring Board (NCDMB) and the Bayelsa State Government on Wednesday signed a Power Purchase Agreement (PPA) for the delivery of electricity from the 10 megawatts gas-fired independent power plant constructed by the NCDMB in partnership with the Nigerian Agip Oil Company
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Shell restates commitment to Research, Development in Nigeria Energy giant, Shell, has said its research and development strategy is aligned with Nigeria’s 10-year strategic roadmap for local content being implemented by the Nigerian Content Development and Monitoring Board (NCDMB). Managing Director of the deep-water business of Shell in Nigeria, Mrs Elohor Aiboni, said Shell Nigeria
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DPR generates N2.24trn in 8 months, targets N5trn in December By Eyo Nsima The Director of the Department of Petroleum Resources, DPR, Engr. Sarki Auwalu has disclosed that the department has generated 70 per cent of its N3.2 trillion (N2.24trn) revenue in the first eight months of 2021. Auwalu who made the disclosure during a
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How Danish bulker got damaged in collision with Greek bulker, Aegean Sea Greek and Danish bulk carriers LEVANTES and CLIPPER COMO collided at around 0100 UTC Sep 18 in the Aegean Sea some 10 nm SW of Bozcaada island, Turkey, according to FleetMon. It stated: “No news yet on LEVANTES damages, while CLIPPER COMO, apparently
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