Oracle Intelligence

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Year: 2021

Emeka Okwuosa: The Titan With Stalwart Strides

Sopuruchi Onwuka Anambra-born businessman, Engr. Emeka Okwuosa, who turns 60 today, stands on the front row of Nigeria’s most successful professionals who currently drive the nation’s economic development with indigenous capacity. He is a symbol of locally evolved innovations and…

OPEC congratulates Buhari on unlocking oil investments

Sopuruchi Onwuka The Organization of Petroleum Exporting Countries (OPEC) has described the eventual legislative passage and presidential assent of the highly awaited Petroleum Industry Bill (PIB) as a significant milestone for Nigeria’s oil industry and an historic achievement for the…

NNPC returns to old structure, scraps COO position

Sopuruchi Onwuka Nigerian National Petroleum Corporation (NNPC) has consolidated on its traditional administrative structure with the reinstallation of the designation of Group Executive Director for its divisional heads. Chief Operating Officer positions in the Corporation have now been redesignated as…

Forest Capital acquires Kayvee Microfinance Bank

Sopuruchi Onwuka Forest Capital has announced acquisition of Kayvee Microfinace Bank, saying it is a strategic move to broaden its influence into greater social and business spheres. Forest Capital is the investment subsidiary of Farmforte limited, a valuechain development company…

NNPC aligns with Nipco on autogas promotion

Sopuruchi Onwuka The Nigerian National Petroleum Corporation (NNPC) is to align with Nipco Plc in promoting use of compressed natural gas for automobile application and also deepen government’s transportation fuel diversification in the country. The corporation declared intention to work…

NCDMB generates 30,000 jobs from Ikike field development

…Revamps technical college as TotalEnergies loads out AMD 2 Module Sopuruchi Onwuka Federal government has declared generation of significant 30, 000 jobs from the first phase of activities for the development of the Ikike oilfield, offshore Niger Delta. The Nigerian…

NNPC Records ₦43.57bn Trading Surplus in April

The Nigerian National Petroleum Corporation (NNPC) has announced a trading surplus of ₦43.57bn in April 2021 representing a 23.64% increase over the ₦35.24bn surplus it recorded in the previous month of March 2021. This is contained in the April 2021…

Barkindo presents Iran’s OPEC status to Raisi

Sopuruchi Onwuka The Organization of Petroleum Exporting Countries (OPEC) has congratulated the new President of the Islamic Republic of Iran, Ebrahim Raisi, on his electoral victory and assumption of the country’s political leadership. The group which controls supply forces in…

WHO declares post COVID-19 syndrome a health concern

Sopuruchi Onwuka, with agency reports World Health Organization (WHO) has advised people who suffered the novel coronavirus disease or COVID-19 to seek further medical attention if symptoms persisted after the acute phase of the sickness. Covid-19 technical lead at WHO,…

OPEC demands inclusive debate on climate change

Sopuruchi Onwuka Developed economies of the world must balance out the demands for climate remediation with the economic development goals of developing countries in order to activate implementation of the popular Paris Agreement with “with a unified and powerful voice.”…