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NNPC, Aiteo launch Nembe crude oil grade with 2 cargoes
Sopuruchi Onwuka Nigeria’s crude oil offerings to the international market have continued to increase with the new Nembe crude oil grade which has been launched by the partners in the operations of the Nembe petroleum assets. The Nembe crude oil…
Three directors join Seplat’s board
The Board of Directors of Seplat Energy Plc today announces the approval of the appointment of Mr. Christopher John Okeke, Mr. Udoma Udo Udoma and Mr. Babs Omotowa as Independent Non-Executive Directors of the Company. Mr. Okeke and Mr. Udoma…
Wabote counts local content benefits at MG VOWGAS’s facilities
The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote on Tuesday commissioned MG VOWGAS’ newly installed 200-ton heat treatment furnace and state-of-the-art dish head forming machine at the company’s yard in Port Harcourt,…
American, European startups ready to deploy flying cars in 2024
Sopuruchi Onwuka, with agency reports US start-up, Alef Aeronautics, and its German competitor, Volocopter, are working to get regulators in both countries to create new regulatory environment and low altitude aviation codes to enable them deploy flying cars and air…
Displacing 21 GW coal generation with nuclar demands $249 bn
Sopuruchi Onwuka, with agency reports It is becoming clearer that the highly hyped energy transition will be a super slow process, promising that fossil fuels would linger long in the global energy mix for a long time into the future….
Seplat’s grows Q3 revenue by 31% to N478.1bn
Indigenous energy group, Seplat energy Plc, has announced a 31 percent revenue jump, posting gross earnings of N478.1 billion in the first nine months of the year and interim dividend of US3 cents per share. The Nigerian independent energy company…
Vivajets rolls out products, canvasses connectivity in Africa
Innovative Nigerian business aviation company, Vivajets, has rolled out a set of innovative product offerings at a recent international conference held by the company in Lagos. The organization also released a guide on fractional aircraft ownership, a specialized service that…
Oando is ahead of Africa’s ESG curve
Nigeria’s leading indigenous energy solutions provider, Oando, has been confirmed the leader in Africa’s efforts to conform to new global environmental and sustainability standards through its innovative investments in business portfolios that wipe off its operational footprints on the environment….
NCDMB is still the best among Nigeria’s MDAs
The Nigerian Content Development and Monitoring Board (NCDMB) has maintained its lead in excellence with the retention of its position as the best Federal Agency in transparency and efficiency in business. In the 2023 Half Year Executive Order 001 Compliance…
Co-Founders want ousted Web Summit CEO to divest
Sopuruchi Onwuka Co-founders of Europe’s largest technology conference, the Web Summit, have demanded the ousted Chief Executive Officer, Paddy Cosgrave, to sell his majority stake in its parent company to save the company from industry indignation. Mass resentment towards the…
