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NAEC Conference: Sylva, Kyari, Komolafe,Wabote , Others to Brainstorm on Future of Nigeria Oil Industry amid Energy Transition
The Minister of State for Petroleum Resources, Chief Timipre Sylva and the Group Chief Executive Officer of the Nigerian National Petroleum Company (NNPC) Limited, Mallam Mele Kyari, would at the Annual International Conference of Association of Energy Correspondents of Nigeria…
Bonny Light Energy And Offshore Limited pledges supply of 60 m liters of Jet-A1
Indigenous fuel trader, Bonny Light Energy And Offshore Limited, has declared commitment to step into the fuel supply crisis rocking the nation’s aviation industry with solutions that guarantee 60 million liters of the product on monthly basis. According to a…
Israeli Iron Dome intercepted 97% of missiles fired by Islamic jihadists
Israeli Defence Forces (IDF) has declared that over 1000 missiles fired at the Jewish state by Islamic jihadists from Gaza in Palestine delivered minimal impact, explaining that most of them missed targets. The Oracle Today reports that Israel’s aerial territories…
Axxela retains “A-” corporate credit rating by Agusto & Co
A leading energy solutions providers in Sub-Saharan Africa, Axxela Limited (Axxela), has retained its “A-” corporate credit rating by Agusto & Co. for the second year running. Following a successful corporate rating report, the rating agency affirmed the “A-” rating…
African Business Roundtable, Afreximbank conclude online masterclass
The African Business Roundtable (ABR) and the African Import-Export Bank (Afreximbank) have rounded off the coordinated Project Preparation Masterclass webinar for businesses in the continent. The masterclass which held last week was designed to bring business projects to fruition. According…
Seplat cleared for $1.6 bn MPNU acquisition
Sopuruchi Onwuka Indigenous energy independent multinational, Seplat Energy Plc, is finally on its way to become a major player in the Nigerian petroleum industry following eventual ministerial approval for the company to proceed with acquisition of a local upstream affiliate…
Nord Stream 1: Russia goads Europe with high gas prices
Sopuruchi Onwuka International prices for natural gas surfs highest levels in the energy market as Europe remains in limbo over its gas supply deals with highly isolated and angry Russia which is strongly asserting its status as a world economic…
Revenue windfall: Shell pays 8% salary bonus to employees
Shell Plc has given the vast majority of its employees a bonus equivalent to 8% of their annual salary as earnings surge to historic highs. “In recognition of the contribution our people have made to Shell’s strong operational performance against…
Buhari’s govt owes $47 Billion to the Nation’s Central Bank
Nigeria said it owes 20 trillion naira ($47 billion) to its central bank and the obligations are yet to be added to the African nation’s outstanding public debt, according to a report by the budget office. The debt figure is…
Black Italians protest racism in Ogochukwu’s brazen daylight killing
Propaganda around the death was “ruining the reputation of the city.” Black Italians marched through a well-to-do Adriatic beach town Saturday demanding that authorities reverse themselves and recognize the role of race in the brutal daylight killing of a Nigerian…
