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    How stalled negotiations can keep Equatorial Guinea from being a Gas Mega hub
    March 5, 2024DocumentaryFeatureImpactNewsOilOil & GasOpinion-editorial

    How stalled negotiations can keep Equatorial Guinea from being a Gas Mega hub

    by NJ Ayuk, Executive Chairman, African Energy Chamber    Will Equatorial Guinea fulfill its promise as a gas “mega hub,” or will stalled negotiations turn what should be a national economic boon into a missed opportunity? The answer depends largely…

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    FCCPC vows 24/7 vigilance for consumer rights, urges swift action from DisCos
    March 5, 2024DistributionImpactPower

    FCCPC vows 24/7 vigilance for consumer rights, urges swift action from DisCos

      Oredola Adeola The Federal Competition and Consumer Protection Commission (FCCPC) has reaffirmed its commitment to maintaining a 24/7 presence to ensure that electricity distribution companies (DisCos) adhere to the right standards and has urged them to create a swift…

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    Transcorp Power Plc makes NGX debut with 7.5bn shares listed at N240 per share, valuation surges to N1.98 trn
    March 5, 2024ConcessionGenerationNewsPower

    Transcorp Power Plc makes NGX debut with 7.5bn shares listed at N240 per share, valuation surges to N1.98 trn

      Oredola Adeola Transcorp Power Plc has made its debut on the Nigerian Exchange (NGX) through a listing of 7.5 billion ordinary shares of 50 kobo each at N240 per share by introduction, which saw 40 million shares worth N10.56…

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    The economy of corruption in Nigeria: Institutional weakness, lack of political will, development outcomes
    March 4, 2024DocumentarySpecial Project

    The economy of corruption in Nigeria: Institutional weakness, lack of political will, development outcomes

    By Afeez Olawoyin ABSTRACT This article gives an overview of Nigeria’s recent experience with corruption in the context of economic development. It also discusses the possible causes and effects of corruption, which are seen to be rooted in socio-cultural practices…

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    NNPC Ltd recommends collaborative war room among upstream producers to tackle oil, gas sector challenges 
    March 1, 2024FinanceGasNewsOil & GasOil theftSabotageSecurityUpstream

    NNPC Ltd recommends collaborative war room among upstream producers to tackle oil, gas sector challenges 

      Oredola Adeola   The Nigerian National Petroleum Company Limited (NNPC Ltd) has recommended increased cooperation among independent producers to tackle security, financial, technological, and other hurdles impeding the optimal growth of divested assets in the country’s oil and gas…

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    President Tinubu reconstitutes FGN Power Company Ltd mgt team, reappoints Anuwe, Prof. Lawal
    March 1, 2024DistributionImpactNewsPowerTransmission

    President Tinubu reconstitutes FGN Power Company Ltd mgt team, reappoints Anuwe, Prof. Lawal

      Oredola Adeola President Bola Tinubu has initiated the restructuring of key members to the management team of the FGN Power Company Limited, with the reinstatement of Kenny Osebi Anuwe as the Chief Executive Officer and Prof Mamman Lawal as…

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    FG pays about N1trn monthly petrol subsidy, Pinnacle Oil MD reveals, challenges NNPCL to open up
    March 1, 2024DownstreamFinanceOil & GasSabotage

    FG pays about N1trn monthly petrol subsidy, Pinnacle Oil MD reveals, challenges NNPCL to open up

      Oredola Adeola Robert Dickerman, the Managing Director/Chief Executive Officer of Pinnacle Oil and Gas Ltd, has revealed that Nigeria is currently paying a staggering N1 trillion monthly as a subsidy on Premium Motor Spirit (petrol), which he claimed is…

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    Lokpobiri inaugurates NCDMB Governing Council with Ogbe as Secretary
    February 29, 2024ImpactLocal ContentNews

    Lokpobiri inaugurates NCDMB Governing Council with Ogbe as Secretary

      Oredola Adeola The Nigerian Content Development and Monitoring Board (NCDMB) Governing Council has been officially inaugurated, with Senator Heineken Lokpobiri, Minister of State, Petroleum Resources,Oil, as the Chairman and Engr. Felix Omatsola Ogbe, Executive Secretary and Secretary. The Advisors…

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    Kaduna DisCo assures 24/7 uninterrupted power supply for maximum demand customers
    February 29, 2024DistributionGenerationNewsPower

    Kaduna DisCo assures 24/7 uninterrupted power supply for maximum demand customers

      Oredola Adeola Kaduna Electric has promised to provide uninterrupted power supply 24 hours a day, 7 days a week, to its Maximum Demand customers and other segments, dedicated to elevating their operational efficiency, drive productivity, and ultimately lower expenses…

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     NUPRC defends proposed 2024 closed bids round for oil, gas fields
    February 29, 2024FinanceGasGreen FinanceNewsOil & GasUpstream

     NUPRC defends proposed 2024 closed bids round for oil, gas fields

    Oredola Adeola The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has reaffirmed its commitment to conducting the 2024 closed bids through a rigorous, fair, and competitive process, emphasising that the move was sanctioned under Section 73(1) of the Petroleum Industry Act.…

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