Oracle Intelligence

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Year: 2022

Nigeria’s Omar Farouk joins WEC board

Sopuruchi Onwuka Nigeria’s rising energy diplomat, Dr Omar Farouk Ibrahim, has been elected into the board of the World Energy Council, representing Africa in the world’s oldest independent and impartial membership-based energy organization. Dr Farouk’s election enriches the council’s board…

Seplat Energy’s transition priorities excite global stakeholders 

Gas monetization, ending flares, others top agenda Seplat Energy Plc, leading Nigerian energy company listed on the Nigerian Exchange and the London Stock Exchange, says that its energy transition priorities remain to end flaring, monetise gas, displace diesel and biomass with cleaner fuel, extend…

Effective customer experience is key to Nigerian Content Roadmap

Delivering effective service to stakeholders of the Nigerian oil and gas industry is a key objective under the implementation of the Nigerian Content 10-year strategic roadmap, the Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote…

NCDMB accounts for $60 bn FDI, $112 bn value retention

Since you became the Executive Secretary of the Nigerian Content Development and Monitoring Board six years ago, you have been credited with several achievements. Which of these achievements do you consider most strategic?  I think the most strategic for me,…

2023: ObiDatti consolidates lead in Bloomberg’s poll

Sopuruchi Onwuka, with agency report With the political campaigns about to kick off, the presidential candidate of the Labour Party in the upcoming 2023 general elections, Mr Peter Obi, has continued to maintain a clear lead as the preferred choice…

Chinese man who killed Buhari won’t miss favorite food in prison

The Chinese businessman, Geng Quanrong, who is charged for the murder of his ex-girlfriend, Ummukulsum “Ummita” Buhari, will be served Chinese food by prison authorities. The 47 year old textile businessman made headlines in the past week after being arrested…

Green tech: French firm tests plant-based asphalt on new road

A company in France, Eiffage, is in the lead to displace another important fossil commodity, asphalt, with a plant based option it calls biophalt. It is now working to use biophalt to resurface a one-mile stretch of road in Haute-Garonne,…

Football legend, John Obi Mikel, retires @ 35

Former Nigeria and Chelsea midfielder John Obi Mikel announced his retirement after a long and decorated career on Tuesday, saying “all good things must come to an end”. “I look back at the past 20 years of my career, and…

Galloping inflation: CBN shoots lending rate to 15.5%

Nigeria’s central bank on Tuesday hiked its main lending rate by 150 basis points to 15.50%, its highest level yet and more than forecast, forging ahead with efforts to rein in inflation and ease pressure on the currency. Analysts had…

Saudi crown prince becomes prime minister

Saudi Arabia’s King Salman bin Abdulaziz named his son and heir Crown Prince Mohammed bin Salman as the kingdom’s prime minister and his second son Prince Khalid as defence minister, a royal decree reported by agency sources showed on Tuesday….