… announces N3bn dividend payout “Our 250 filling stations shine as downstream industry benchmark for service, ethical standards” – Oyebanji, MD/CEO said Oredola Adeola 11 Plc (formerly Mobil Oil Nigeria Plc) has announced a profit after tax of N26.56 billion…
…hit first oil, extract 6,000 bpd, target 40,000 bpd output by May 24 Oredola Adeola Production activities have recommenced on the Oil Mining Lease (OML) 13, in the Eastern Obolo Local Government Area, Akwa Ibom State, Nigeria, after a long dormancy…
Oredola Adeola The Nigerian National Petroleum Company Limited (NNPC Ltd.) and First Exploration & Production Limited (First E&P) Joint Venture (JV) have donated N53 million to non-governmental organizations (NGOs). Advisors Reports confirmed that the fund is specifically designated…
… streaming royalties soar by 127% year-over-year Oredola Adeola This surge in earnings represents a 2,500% rise since 2017, showcasing the substantial growth in revenue for artists from the platform. It is noteworthy that Spotify is…
Oredola Adeola President Bola Ahmed Tinubu has revealed that the take-off of a Lithium processing factory built in Nasarawa State by a Chinese firm offers Nigeria the opportunities to learn how it is done, to own and hone…
…as TCN fixes circuit breaker Oredola Adeola Residents of Ile-Ife, Ikire, Ilesha, and some parts of Ondo State are expected to experience a seven-hour power outage on Friday, May 10, 2024, as the Transmission Company of Nigeria…
.. sets to clear prepaid meter backlog, approve 4G-enabled meters for all customers …partners with 81 Division, Police to protect electricity infrastructure in V/I Oredola Adeola Ahead of the plan to re-launch its prepaid meter portal within…
… Chevron cites favorable gas pricing as key to boosting polypropylene production in Nigeria Oredola Adeola The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and the Senate Committee on Upstream visited Chevron’s Control Facilities to foster collaboration and strengthen ties within…
… “Obtain licenses or face sanctions” – NERC Vice Chairman warns power investors Oredola Adeola The Nigerian Electricity Regulatory Commission (NERC) has slapped CCETC Suk Power Company Limited, a Chinese-owned power firm operating in Nigeria, with a hefty penalty for…
Oredola Adeola The Nigerian National Petroleum Company Ltd (NNPC Ltd.) has assured operators and prospective investors of its commitment to continue investing in the development of huge oil and gas infrastructure to facilitate their business operations in Nigeria. …
