A delegation from Africa-focused oil and gas upstream company Afentra has joined the African Energy Week (AEW): Invest in African Energy 2024 conference – Africa’s premier event for the energy sector – scheduled for November 4 – 8 in Cape Town. The delegation will be led by a team of executives including CEO Paul McDade, […]
Leading energy and infrastructure conglomerate, Sahara Group has moved to prevent annual estimated emission of 35,793,360g of CO2 through the installation of wind turbines at the Egbin Power Plc. The wind turbines will power critical security and essential services architecture at the Power Plant as Sahara Group continues its quest to promote environmental sustainability in
Sahara Group installs wind turbines at Egbin Power to reduce carbon footprint Read More »
The purpose of adequate capitalization is to ensure efficiency and stability of the financial system. Capital adequacy measures the capacity of a bank to meet its financial obligations and absorb any shocks related to losses. It measures the financial soundness of a bank, ensures the safety of depositors’ funds, deepens financial intermediation and enhances the
IMPLICATIONS OF THE PROPOSED RECAPITALIZATION OF NIGERIAN BANKS Read More »
Following recent undersea cable cuts that challenged connectivities in many countries in the West African region, Nigeria has called for a coordinated and multilateral approach by the region to protect shared telecommunications infrastructure, and diversify connectivity to ensure uninterruptible connections. Executive Vice Chairman of the Nigerian Communications Commission (NCC), Dr. Aminu Maida, made the submission
Nigeria Seeks Joint West Africa Regional Protection of Undersea Cables Read More »
The family of Dr. Cairo Ojougboh, a former member of Nigeria’s House of Representatives, has disclosed the burial arrangements for the late politician who passed away on February 7, 2024, at the age of 64. Scheduled for Friday, April 19, 2024, the interment will take place at the Ojougboh Family Compound in Agbor, Delta State.
Family announces burial arrangements of Ex-Reps Member, Cairo Ojougboh Read More »
Socio-Economic Rights and Accountability Project (SERAP) has urged Nigeria’s 36 state governors and the Minister of the Federal Capital Territory, Abuja, Mr Nyesom Wike to “widely publish copies of the loan agreements and spending details of some N5.9 trillion and $4.6 billion loans obtained by their states and the FCT, including details and locations of
Seplat Energy Plc, leading Nigerian independent energy company, says the execution of corporate social investment (CSI) programmes in oil and gas producing communities as well as empowerment of their people is capable of promoting stability in the energy sector and ensuring security of critical national assets. Mr. Samson Ezugworie, Chief Operating Officer, Seplat Energy, said
Empowering Communities, People Key to Ensuring Stability in Energy Sector – Seplat Read More »
The Nigerian National Petroleum Company Limited (NNPC Ltd) has emphasized the critical importance of bridging the energy access gap to the creation of economic prosperity of the country. The Group Chief Executive Officer of NNPC Ltd, Mr. Mele Kyari, made this submission in a keynote address on industry operations with the theme, “Stability in the
Bridging Energy Access Gap Vital for Nigeria’s Economic Growth, says NNPC Chief Read More »
By Eyo Nsima Asharami Synergy, a leading Sahara Group Downstream Company has reiterated its commitment to promoting the adoption of cleaner fuels in the sector, working in collaboration with regulatory authorities and delivering exceptional fuel solutions responsibly. Speaking at Asharami Synergy 2024 Customer Forum, Managing Director, Foluso Sobanjo said the company remained dedicated to spearheading
Asharami Synergy partners NMDPRA, Customers on promotion of clean energy policy Read More »
By Eyo Nsima Crisis has threatened operations in Eko Electricity Distribution Company, EKEDC, as the chairman and directors disagree over the sack of the company’s Managing Director/Chief Executive Officer, Dr. Tinuade Sanda. On March 25, 2024, the EKEDC Chairman, Dere Otubu, issued a letter, attributing the sack of Dr. Sanda to the directive by the
Crisis rocks Eko DisCo as chairman, directors disagree over sack of MD/CEO Read More »
