Author name: Ayomide Oginni

AfDB signs $15 million Transaction Guarantee Facility with NMB Bank Zimbabwe

AfDB signs $15 million Transaction Guarantee Facility with NMB Bank Zimbabwe   The African Development Bank (https://www.AfDB.org/) and NMB Bank Limited Zimbabwe (NMB) have signed a $15 million Trade Finance Transaction Guarantee Facility to unlock trade finance opportunities for Zimbabwean small and medium-sized enterprises and those in agri-business and trade distribution value chains. The signing […]

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16 March, 2024 H.E. Chief Godswill Obot-Akpabio, CON

16 March, 2024 H.E. Chief Godswill Obot-Akpabio, Con Senate President National Assembly Three Arms Zone, Abuja Abuja Dear Chief Godswill Obot-Akpabio: Re: Request to refer to appropriate anti-corruption agencies allegations by Senator Abdul Ningi that the Senate padded the 2024 budget by arbitrarily and irregularly inserting projects worth N3.7 trillion for investigation and prosecution of

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Budget padding: Refer allegations to EFCC, ICPC, reinstate whistleblower Ningi, SERAP tells Akpabio

Budget padding: Refer allegations to EFCC, ICPC, reinstate whistleblower Ningi, SERAP tells Akpabio   Socio-Economic Rights and Accountability Project (SERAP) has urged the Senate President Mr Godswill Akpabio to “urgently refer the allegations that lawmakers padded the 2024 budget by irregularly inserting projects worth N3.7 trillion to appropriate anti-corruption agencies for investigation and prosecution.”  

Budget padding: Refer allegations to EFCC, ICPC, reinstate whistleblower Ningi, SERAP tells Akpabio Read More »

TCN Commissions 100MVA Power Transformer in Dan Agundi 132/33kV Transmission Substation, Kano

TCN Commissions 100MVA Power Transformer in Dan Agundi 132/33kV Transmission Substation, Kano The Transmission Company of Nigeria (TCN) has officially commissioned a new 100MVA 132/33kV power transformer at its Dan Agundi Transmission Substation in Kano State. The commissioning took place on March 13th, 2024. The transformer commissioning significantly boosts the capacity of the Dan Agundi

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Ghana Energy Minister to Connect Foreign Funders with Emerging Projects at AEW 2024

Ghana Energy Minister to Connect Foreign Funders with Emerging Projects at AEW 2024   Ghana is implementing a strategic agenda to rejuvenate its oil and gas sector, aiming to achieve universal access to electricity by 2030 while propelling industrialization. With proven oil reserves of 600 million barrels, gas reserves of 0.8 trillion cubic feet and

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OPEC Secretary General to Highlight Future of African Oil Investment Prospects at AEW 2024

OPEC Secretary General to Highlight Future of African Oil Investment Prospects at AEW 2024   Africa’s burgeoning oil market, accounting for more than 10% of the global oil output, plays a vital role in meeting global energy demand, shaping energy security, and stabilizing the global economy. As the continent expands its oil activities for energy

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PRESS RELEASE NEW MANAGING DIRECTOR/CEO AND EXECUTIVE DIRECTORS OF REA ASSUME OFFICE

PRESS RELEASE NEW MANAGING DIRECTOR/CEO AND EXECUTIVE DIRECTORS OF REA ASSUME OFFICE March 14, 2024 Abuja, Nigeria – His excellency, Bola Ahmed Tinubu, GCFR, President and Commander in Chief of the Armed Forces of the Federal Republic of Nigeria appoints new Ag. Managing Director/Chief Executive Officer and Three (3) Executive Directors for the Rural Electrification

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Senate Disowns Report on Exposing Fraud in Refineries Rehabilitation …As Kyari Reassures Nigerians Delivery Schedule Intact

Senate Disowns Report on Exposing Fraud in Refineries Rehabilitation …As Kyari Reassures Nigerians Delivery Schedule Intact     The Senate has dismissed media reports claiming that it will expose all “frauds associated with the contracts and management of the Turn Around Maintenance of the nation’s refineries”. A news report last week claimed that the Senate

Senate Disowns Report on Exposing Fraud in Refineries Rehabilitation …As Kyari Reassures Nigerians Delivery Schedule Intact Read More »

UTM Solicits NCDMB’s Equity Investment, Approvals For Floating LNG Project

UTM Solicits NCDMB’s Equity Investment, Approvals For Floating LNG Project UTM Offshore Limited, promoters of Nigeria’s first Floating Liquefied Natural Gas (FLNG) facility has requested the Nigerian Content Development and Monitoring Board (NCDMB) to invest equity in the project and to accelerate key approvals that would fast-track the project’s development. The request was made on

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