OPEC daily basket price
OPEC daily basket price stood at $107.97 a barrel Wednesday, 20 April 2022, compared with $110.52 the previous day https://www.opec.org/opec_web/en/press_room/6758.htm
OPEC daily basket price Read More »
Petroleum varsity gets ICT centre donation from NNPC, SNEPCo
The Nigerian National Petroleum Corporation (NNPC) and Shell Nigeria Exploration and Production Company Limited (SNEPCo), today, inaugurated a state-of-the-art Information and Communication Technology (ICT) Centre at the Federal University of Petroleum Resources, Effurun, in Delta State. The 100-seater one-storey building was built and equipped by the NNPC and SNEPCo partnership to promote research, teaching and
Petroleum varsity gets ICT centre donation from NNPC, SNEPCo Read More »
Nigeria gets another Disco, as Aba Power Project is set to take off
Nigeria’s search for increased electric power supply has received a major boost with the emergence of a new electric distribution company in Aba, Abia State, bringing the number of electricity distribution firms in the country to 12. The previous ones are located in Abuja, Jos, Kano, Ibadan, Kaduna, Port Harcourt, Benin, Yola, Enugu, Ikeja and
Nigeria gets another Disco, as Aba Power Project is set to take off Read More »
OPEC daily basket price
OPEC daily basket price stood at $110.54 a barrel Monday, 18 April 2022, compared with $108.52 the previous Thursday https://www.opec.org/opec_web/en/press_room/6758.htm
OPEC daily basket price Read More »
Strong surge in deals shows investor confidence in Africa’s economic recovery, Africa’s Private Capital industry maturing
The African Private Equity and Venture Capital Association (AVCA) announced the release of its 2021 Annual African Private Capital Activity report. The anticipated annual report is a concerted effort to provide deep insight into private capital fundraising, investments and exits in Africa throughout 2021, data and analysis across investment strategies covering venture capital, private equity,
2022 FISCAL POLICY MEASURES: UPSIDES AND DOWNSIDES
The 2022 Fiscal Policy measures approved for implementation effective from 1st April 2022 has three major sections. The first is the Supplementary Protection Measures [SPM] for the implementation of the ECOWAS Common External Tariff (2022-2026). The second relates to excise duties on non-alcoholic beverages, cigarettes and tobacco products and telecommunications services. The third is on
2022 FISCAL POLICY MEASURES: UPSIDES AND DOWNSIDES Read More »
SPE, NCDMB hail Dangote Petroleum Refinery’s World-Class Technology Application
The Society of Petroleum Engineers (SPE) and the Nigerian Content Development and Monitoring Board (NCDMB) have applauded Dangote Petroleum Refinery for its application of world-class technology in the construction of the 650,000 barrels per day refinery project. The SPE and NCDMB, which came on a tour of the petroleum refinery project recently, believed that the
SPE, NCDMB hail Dangote Petroleum Refinery’s World-Class Technology Application Read More »
Withdraw pardon for Dariye, Nyame, uphold oath of office, SERAP tells Buhari
Socio-Economic Rights and Accountability Project (SERAP) has urged President Muhammadu Buhari to use his “good offices to urgently review and withdraw the pardon granted to former governors of Plateau State, Senator Joshua Dariye, and Taraba State, Rev Jolly Nyame who are serving jail terms for corruption.” SERAP is also urging him to “propose constitutional amendment
Withdraw pardon for Dariye, Nyame, uphold oath of office, SERAP tells Buhari Read More »
Management Board change coming at British American Tobacco
By Eyo Nsima British American Tobacco, BAT, has concluded plans to make changes in July 2022. According to the company, Marina Bellini, Director, Digital and Information will step down from the Management Board on 31 March 2022 and will leave BAT on 31 July 2022 to pursue new opportunities. Javed Iqbal, currently Area Director, Middle
Management Board change coming at British American Tobacco Read More »
Fire guts Ayede Substation, worsens power supply in Ibadan
The Transmission Company of Nigeria (TCN) says its 150MVA, 330/132/33 kV power transformer in Ayede Substation caught fire in the early hours of Wednesday morning. TCN in a statement by General Manager, Public Affairs, Ndidi Mbah disclosed that the fire has been contained and its engineers were working to isolate the burnt circuits, to enable
Fire guts Ayede Substation, worsens power supply in Ibadan Read More »