Author name: Godswill Odiong

Nigeria Hosts Conference to Strengthen AML/CFT Compliance for Non-profit Organizations

Key stakeholders from Nigeria’s banking sector, civil society, academia, and regulatory bodies convened today at a conference focused on enhancing Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) measures for non-profit entities. Hosted by Spaces for Change | S4C and supported by the Fund for Global Human Rights, the event emphasized collaboration between financial […]

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SERAP wants court to stop Akpabio, others from collecting salaries, pensions as senators

SERAP sues Akpabio, Abbas over ‘failure to clarify details of N344.85bn NASS budget’

Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against the Senate President, Mr Godswill Akpabio and Speaker of House of Representatives, Mr Tajudeen Abbas over “the failure to disclose, clarify and explain the details of N344.85 billion National Assembly budget, and the rationale for several budget items, such as the N6 billion budgeted

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JUST IN: Top Nigerian Banker, Others Killed in Helicopter Crash in California

A helicopter carrying six people, including the co-founder of Nigeria’s biggest bank by assets, crashed in a Southern California desert near the Mojave National Preserve, authorities said. Herbert Wigwe, 57, co-founder of Access Bank, was among the victims, family members from his home village of Isiokpo said. According to Bloomberg, Abimbola Ogunbanjo, 61, who was

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Senate Committee, NCDMB Hold Inaugural Meeting, To Collaborate on Local Content Implementation

The Senate Committee on Local Content on Wednesday held the first interactive session with the leadership of the Nigerian Content Development and Monitoring Board (NCDMB) at the Senate Building at Abuja and resolved to collaborate and deepen the implementation of local content in the oil and gas industry and linkage sectors. The Chairman of the

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NNPC, CBN to Strengthen Relationship to Guarantee Seamless Commercial Operation

The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC Ltd.), Mallam Mele Kyari,and the Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, have reviewed the decision of the NNPC Ltd.to domicile a significant portion of its revenues and other banking services with the CBN. Following their meeting in

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TotalEnergies denounces dissemination by Greenpeace of false and misleading information on greenhouse gas emissions

Nigeria: Production commences at the Akpo West field

TotalEnergies and its partners announce the start of production from the Akpo West field on the PML2 license in Nigeria. Located 135 kilometers off the coast, Akpo West is tied back to the existing Akpo Floating Production Storage and Offloading (FPSO) facility, which started-up in 2009 and produced 124,000 barrels of oil equivalent per day

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Chariot CEO Confirmed to Speak in Paris at Invest in African Energy Forum

Energy company Chariot’s CEO Adonis Pouroulis will speak at the upcoming Invest in African Energy (IAE) 2024 forum (https://apo-opa.co/3OCXgI6) in Paris on May 14-15. Pouroulis is expected to discuss Chariot’s role in driving transitional gas, power and green hydrogen projects across Africa in support of the energy transition, and further opportunities for global investors in

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Shell management visits NCDMB, plans FID for Bonga, Gas Projects

The leadership of Shell Companies in Nigeria on Wednesday sought the support of the Nigerian Content Development and Monitoring Board (NCDMB) to achieve accelerated development of three major oil and gas projects notably Bonga North deepwater and HI and HA, which are conventional gas projects. The Executive Secretary NCDMB, Engr. Felix OmatsolaOgbe received the delegation

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ENERGY TRANSITION: Ekpo pledges increased investments to unlock gas potential for power sector

FG sets up inter-ministerial committee to address the challenges of low gas supply to power plants

In a bid to address the challenges of low gas supply to Gas (Thermal) Power Generating Stations in the country, the Minister of State Petroleum Resources (Gas) Rt. Honourable Ekperikpe Ekpo and the Honourable Minister of Power, Chief Adebayo Adelabu today, Wednesday 7th February 2024 in Abuja have set up an Inter-ministerial Committee that will

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AfDB

Kenya: AfDB Adopts New 5-yr Plan to boost growth and human development

The Board of Directors of the African Development Bank Group (www.AfDB.org) on 14th December 2023 approved a new five-year Country Strategy Paper (CSP) for Kenya. The 2024-2028 CSP focuses on boosting private sector-driven growth through infrastructure development, strategic reforms, and human capital development. The Bank’s country office said these priority areas will complement each other

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