April 3, 2026
Facebook Twitter Linkedin
AEW 2024

Author name: Godswill Odiong

Petroleum Industry Act marks a significant milestone in the administration of Nigeria’s oil and gas industry --- LCCI

Practical Steps Toward Boosting Nigeria’s Revenue and Foreign Exchange Inflows

Leave a Comment / Business /

By Dr. Chinyere Almona At the Council Meeting of the Lagos Chamber of Commerce & Industry on Wednesday 4th August 2021, there were deliberations on what practical steps can be taken by the Government to boost revenue and foreign exchange inflows. Nigeria’s fiscal and financial challenges have been of concern to several stakeholders including the […]

Practical Steps Toward Boosting Nigeria’s Revenue and Foreign Exchange Inflows Read More »

Shell LiveWIRE beneficiaries get N48m grant

Leave a Comment / Oil & Gas, Shell News /

117 young entrepreneurs from the Niger Delta have graduated from the Shell Nigeria LiveWIRE programme and have been awarded a N48m grant to either establish or expand their businesses. This brings to 7,913 the total number of beneficiaries of the youth enterprise development programme since its inception in 2003. Speaking at the graduation ceremony, Shell’s

Shell LiveWIRE beneficiaries get N48m grant Read More »

Seplat Energy’s gas revenue grows to $63.7 million year-on-year

Seplat committed to Nigeria’s energy security, sustainable development

Leave a Comment / Oil & Gas /

Seplat Energy Plc is committed to providing the required energy for Nigeria’s sustenance now and in the future given the country’s huge growth potential, Mr. Effiong Okon, the company’s Operations Director/Executive Director has said. Okon stated this during a panel session at the 44th edition of the Society of Petroleum Engineers (SPE) Nigeria Annual International

Seplat committed to Nigeria’s energy security, sustainable development Read More »

NNPC conducts Public Bid Opening for PHRC Rehab EPC Contract …restates Commitment to Revamp of Refineries

GAS DEVELOPMENT: NNPC promises support to Nipco

Leave a Comment / Oil & Gas /

By Eyo Nsima The Nigerian National Petroleum Corporation [NNPC] has promised to support NIPCO Plc in its efforts, targeted at boosting investment in the gas sector. The Managing Director, Gas Aggregation Company of Nigeria , Olalekan Ogunleye, who visited the stand of the company at the recently concluded 2021 Gas Sector Stakeholders Forum in Kano

GAS DEVELOPMENT: NNPC promises support to Nipco Read More »

Wema Bank plans acquisition, N40bn rights issue in September

Leave a Comment / Business /

By Eyo Nsima Wema Bank Plc, a leading commercial bank, has concluded plans to acquire a fintech firm or a merger with another commercial bank. Moruf Oseni, the bank’s deputy managing director, said, Friday, in Lagos during the company’s half-year 2021 investors/analysts presentation, that this was targeted at bringing about growth. He said: “In organic

Wema Bank plans acquisition, N40bn rights issue in September Read More »

DPR generates N2.24trn in 8 months, targets N5trn in December

DPR wins Best exhibitors Award at 2021 SPE Conference

Leave a Comment / Oil & Gas /

The Department of Petroleum Resources has been awarded the best exhibitors award at the 2021 Society of Petroleum Engineers (SPE) Nigeria Annual International Conference and Exhibition (NAICE) in Lagos. A statement issued on Friday by Mr. Paul Osu, Head, Public Affairs, DPR, on Friday in Lagos said the regulatory agency bagged the award for its

DPR wins Best exhibitors Award at 2021 SPE Conference Read More »

Tianjin Port Group plans zero carbon emission

Leave a Comment / INTERNATIONAL, Maritime /

Tianjin Port Group has concluded plans to build an Artificial Intelligence (AI) zero-carbon terminal, according to FleetMon. It stated: “Working towards the zero carbon emission goal, Tianjin Port Group has announced that they will be building an Artificial Intelligence (AI) zero-carbon terminal. “It will be the first of its kind in the world, where AI

Tianjin Port Group plans zero carbon emission Read More »

Ogoniland: We have completed remediation in five polluted sites

Oil spill in Novorossiysk, circumstances remain unknown

Leave a Comment / Oil & Gas /

Oil spill occurred on August 7, 2021, at oil terminal pier operated by Caspian Pipeline Consortium in Yuzhnaya Ozereevka, Novorossiysk, Russia, Black sea, according to FleetMon. It stated: “Oil spill occurred on Aug 7 at oil terminal pier operated by Caspian Pipeline Consortium in Yuzhnaya Ozereevka, Novorossiysk, Russia, Black sea. “Oil spill covered some 200

Oil spill in Novorossiysk, circumstances remain unknown Read More »

DRUG TRAFFICKING: US Coast Guard Offloads highest-ever drug bust worth $1.4bn

Leave a Comment / INTERNATIONAL, Maritime /

The US Coast Guard has offloaded the biggest quantity of illicit narcotics ever seized in a series of interdictions planned and executed by US, Canadian, and Dutch troops, according to FleetMon. It stated: “The US Coast Guard successfully offloaded the biggest quantity of illicit narcotics ever seized in a series of interdictions planned and executed

DRUG TRAFFICKING: US Coast Guard Offloads highest-ever drug bust worth $1.4bn Read More »

Scroll to Top