OPEC daily basket price
OPEC daily basket price stood at $114.96 a barrel Tuesday, 24 May 2022, compared with $115.95 the previous day https://www.opec.org/opec_web/en/press_room/6758.htm
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NCC committed to promoting organizational efficiency, capacity building” – Danbatta
…set to strengthen strategic collaboration with NIM The Nigerian Communications Commission (NCC) has once again reiterated its stance on professionalizing its workforce and strengthening collaborations with strategic partners such as the Nigerian Institute of Management (NIM) in order to enhance operational efficiency. The Executive Vice Chairman (EVC) of NCC Prof. Umar Danbatta, stated this while
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FENRAD marks International Day for Biological Diversity
The Foundation for Environmental Rights, Advocacy and Development, FENRAD, a pro-democracy and environmental rights advocacy group has celebrated the International Day for Biological Diversity (IDB) 2022. According to FENRAD, Biodiversity Day 2022, which has, ‘Building a Shared Future for All,’ as its topic is a call on humanity to do its best towards ensuring a
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FG to maximize local content opportunities in midstream/downstream sectors
The Federal Government has expressed firm determination to fully catalyze investments in the midstream and downstream sectors of the petroleum sector, with a view to creating employment for teeming youths and maximizing local content opportunities. The Minister of State for Petroleum Resources, Chief Timipre Sylva gave the assurance on Monday when he declared open the
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COMMENTS ON THE MAY 2022 MPC COMMUNIQUE
The outcome of the MPC meeting of 24th May 2022 was not unexpected having regard to the intense inflationary pressures, the increasing risks to price stability and the policy tightening trend by Central Banks globally. The primary mandate of the CBN is price stability. Numerous headwinds had posed significant risks to this critical CBN objective.
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Dangote Refinery ‘ll meet Nigeria’s fuel requirement, export
Dangote’s 650,000 Refinery will meet 100 per cent Nigeria’s fuel demand and enough for export, the Technical Consultant, Dangote Industries Ltd, Engr. B. A. Soyode, has said. Soyode, stated this during the Nigeria Content Midstream/Downstream Oil and Gas Summit, Tuesday in Nigeria. He said the products will be of very high environmentally compliant quality specifications
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NNPC, Sahara Group invests USD300m in gas carriers to drive clean energy access in Africa
**Targets 10 additional carriers in 10 years The Nigerian National Petroleum Company Limited (NNPC) and leading energy and infrastructure conglomerate, Sahara Group today took delivery of two 23,000 CBM Liquefied Petroleum Gas (LPG) vessels at the Hyundai MIPO Shipyard in Ulsan, South Korea, with plans to add 10 vessels in 10 years to enhance Africa’s
Miccom chief commends SON-LASCOPA collaboration, warns counterfeiters
The Chief Operating Officer of Miccom Cables, Olubukola Adubi has lauded the Standards Organisation of Nigeria (SON) and the Lagos State Consumer Protection Agency (LASCOPA) over their recently announced collaboration to stamp out counterfeiting and peddling of substandard products from the market. She said this whilst speaking at a courtesy visit of Miccom to SON
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SERAP writes INEC, seeks details of financial transactions of political parties
SERAP writes INEC, seeks details of financial transactions of political parties Socio-Economic Rights and Accountability Project (SERAP) has urged Professor Mahmood Yakubu, the Chairman of the Independent National Electoral Commission (INEC) to “widely publish the reports on the accounts and balance sheet of every political party submitted by the Independent National Electoral Commission (INEC) to
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FG MOVED TO DELIVER TWO NUMBER 330kV TRANSMISSION SUBSTATIONS IN KATSINA & KANO STATES
The Federal Government is making effort to deliver two units of 330 kV power transmission substations in Katsina and Kano states along with the transmission lines to raise power supply in the states. The Managing Director of the Transmission Company of Nigeria (TCN), Engr. Dr. Sule Abdulaziz, disclosed this while inspecting the 330/132/33kV Katsina Substation
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