Author name: Ayomide Oginni

Dangote’s 50kg Cement costs between N4,000 to N4,600, while Cement sells at an average price of N6,216 in Benin despite govt’s regulation

Tax: Govt earns N412.9bn from Dangote Cement in 3 years

Tax: Govt earns N412.9bn from Dangote Cement in 3 years Tax: Dangote Cement Remits N412.9bn to Govt in 3 years   Dangote Cement Plc, a subsidiary of Dangote Industries Limited, (DIL), paid a total of N412.9 billion into the coffers of the Federal Government as tax for 3 consecutive years. A total of N97.24 billion […]

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Job Creation: Lagos NUJ Honours Dangote with Excellence award … commends Group for critical infrastructure provision

Job Creation:Lagos NUJ Honours Dangote with Excellence award

Job Creation: Lagos NUJ Honours Dangote with Excellence award … commends Group for critical infrastructure provision   Lagos NUJ Honours Dangote as highest private employer in Nigeria … commends Group for critical infrastructure provision It was a night of accolades for Africa’s foremost business conglomerate, Dangote Industries Limited, (DIL), as journalists in Lagos State conferred an award

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Accelerating Sustainable Hydrocarbon Developments in Africa: SLB Joins AEW 2023 as Bronze Sponsor

Accelerating Sustainable Hydrocarbon Developments in Africa: SLB Joins AEW 2

Accelerating Sustainable Hydrocarbon Developments in Africa: SLB Joins AEW 2023 as Bronze Sponsor   As Africa’s energy sector grows and new investment is directed into the continent’s vast oil and gas basins, the role service companies play in integrating technological advancements with sustainable oilfield practices continues to expand. Companies such as SLB (formerly Schlumberger), a

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JUST IN: Nigeria’s power grid collapses 3rd time in a week

Nigeria Energy Report

Nigeria Energy Report   NIGERIA POWER REPORT Peak Generation — 4181.57MW Lowest Generation — 3729.4MW Energy Generated — 96310.18MWH Energy Sent Out — 95146.47MWH Generation at 06:00Hrs — 3932.3MW Highest System Frequency — 50.58Hz Lowest System Frequency — 49.034Hz Highest Voltage Recorded — 348kV Lowest Voltage Recorded — 299kV National Peak Demand Forecast —19798MW Grid

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Dangote’s 50kg Cement costs between N4,000 to N4,600, while Cement sells at an average price of N6,216 in Benin despite govt’s regulation

Dangote Cement – Clarification of cement price misinformation

Dangote Cement – Clarification of cement price misinformation   …..says Nigeria’s price is in line with or lower than prices across the West African coast. Management of Dangote Cement Plc has clarified that the price of a bag of cement from its factories across Nigeria (as at 28th August 2023) is N4,010 in Okpella and N4,640

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MARITIME: Second ship trying to break Russian blockade

MARITIME: Second ship trying to break Russian blockade

MARITIME: Second ship trying to break Russian blockade   By Our Correspondent A second ship is attempting to break through Russian blockade of Ukrainian ports, bulk carrier PRIMUS left Odessa port on August 26, 2023, to sail to Varna Bulgaria, according to FleetMon. It stated: “The ship left Odessa at around 0550 UTC, but something

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MARITIME ACCIDENT: How Ferry sunk assisting tug in Taiwan

MARITIME ACCIDENT: How Ferry sunk assisting tug in Taiwan

MARITIME ACCIDENT: How Ferry sunk assisting tug in Taiwan   By Our Correspondent A Ferry NEW TAIMA collided with assisting tug TIMP NO.13302 while leaving Fuao Port, Matsu Islands in Taiwan, according to FleetMon. It stated: “Ferry NEW TAIMA collided with assisting tug TIMP NO.13302 while leaving Fuao port, Matsu islands, Taiwan, at around 1000

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Dangote beats MTN, Globacom, Banks to emerge Most Valuable Brand in Nigeria for 6th Consecutive Year

Dangote beats MTN, Globacom, Banks to emerge Most Valuable Brand in Nigeria for 6th Consecutive Year

Dangote beats MTN, Globacom, Banks to emerge Most Valuable Brand in Nigeria for 6th Consecutive Year   Dangote Industries Limited has emerged as Nigeria’s most valuable brand for the sixth consecutive year. This achievement was confirmed by the brand and marketing firm, TOP 50 BRANDS NIGERIA, as part of its comprehensive 2023 Top Brands perception assessment. Winning the award for

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TotalEnergies acquires a 40% interest in a CO2 Storage exploration license

How TotalEnergies acquires a 40% interest in a CO2 Storage exploration license

How TotalEnergies acquires a 40% interest in a CO2 Storage exploration license   TotalEnergies has signed an agreement with CapeOmega Carbon Storage AS, a wholly owned subsidiary of CapeOmega AS, to acquire the 40% participating interest held by CapeOmega in the CO2 storage exploration license ExL004 (the “Luna” project). Located 120 km offshore Bergen in

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Nasarawa State and NASENI To Partner On Lithium Processing Policy

Nasarawa State and NASENI To Partner On Lithium Processing Policy

Nasarawa State and NASENI To Partner On Lithium Processing Policy   The Nasarawa State government and the National Agency for Science and Engineering Infrastructure (NASENI) are set to partner on a lithium processing policy that would ensure that Lithium mined in the State is processed locally instead of exporting it raw.   The processing policy is

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