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Month: September 2023

Rainbow Book Club host playwright finalists of Nigeria Prize for Literature

The Nigeria Prize for Literature, sponsored by Nigeria LNG Limited (NLNG), and the Rainbow Book Club today in Port Harcourt, held a bookfest in honour of three shortlisted playwrights for the 2023 edition of the Prize. The bookfest featured readings…

Seplat’s CEO awarded BusinessDay’s excellence recognition

The Chief Executive Officer of Seplat Energy Plc, Mr. Roger Brown, has been recognized for excellence and exceptional leadership in business by Nigeria’s foremost business news media, BusinessDay Media Limited in collaboration with the Nigerian Exchange Limited (NGX). Th recognition…

EKEDC bags ISO 27001 Certification

Sopuruchi Onwuka Leading indigenous utility company, Eko Electricity Distribution Company (EKEDC), has earned international recognition for installing and operating measures that prevent and mitigate loss, damage, theft, and other threats to information assets. According to the company’s corporate communications unit,…

NCDMB graduates indigenous underwater divers

Partners Nigerian Navy, MDTI on in-country capacity The Nigerian Content Development and Monitoring Board (NCDMB) has graduated a batch of 20 young Nigerians at the Nigerian Navy Underwater Warfare School, Navy Town, Ojo, Lagos State. The programme held in partnership…

Business International Business

OPEC projects demand resilience from 2024 economic boom

Sopuruchi Onwuka The Organization of Petroleum Exporting Countries (OPEC) is providing strong market incentives for producers and investors in the petroleum industry, pointing at demand resilience that would surpass pre-pandemic levels despite recovering production from key member states. According to…

Energy

Chevron and partners intervene in healthcare, education in Rivers, Yobe, Oyo States

Sopuruchi Onwuka Nigerian affiliates of Chevron Corporation and its partners in operated petroleum assets have jointly funded and executed delivery of health facilities and equipment to hospitals in Rivers and Yobe States. According to the General Manager in charge of…

Energy

NCDMB to upgrade workshops, learning tools at PTI

•             Wabote named Fellow, Petroleum Training Institute Sopuruchi Onwuka The Nigerian Content Development and Monitoring Board 9NCDMB) has pledged to assist the Petroleum Training Institute (PTI) in Effurun, Warri, with the upgrade of its engineering workshops, digital learning tools and…

Profligacy: How states squandered the future

Some states cede 30% allocation to creditors Sopuruchi Onwuka Nigeria’s independent resource wealth auditor, the Nigerian Extractive Industries Transparency Initiative (NEITI), has declared that the 36 states of the federation conceded princely N129.6 billion or significant 15.8 percent of statutory…

NAOC Divestment: Time to dismantle transaction clogs

Sopuruchi Onwuka It has become necessary and even urgent for regulators in the industry to evolve a smooth process for implementation of the relevant sections of the Petroleum Industry Act relating to entry and exit of investors in the upstream…

Old MMIA terminal evacuated over fire incident

Sopuruchi Onwuka A section of the old terminal of the Murtala Muhammed International Airport (MMIA), Lagos, was evacuated early Wednesday following a fire outbreak suspected to have been sparked off by faulty electrical fittings. The Oracle Today received video recording…