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Eyesan engages operators on rapid output boost, pledges predictable regulation
By Sopuruchi Onwuka The new Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Mrs. Oritsemeyiwa Eyesan, has begun industry engagement with a call on operating companies to adopt efficient measures that will quickly boost oil production and government…
TotalEnergies finally signs off Renaissance JV interest to Vaaris
Displaces Chappal Energies, beats SAPETRO Sopuruchi Onwuka French multinational oil major with significant commercial interest in Nigeria, TotalEnergies, has reached a deal to sell its 10 percent non-operating stake in the Renaissance operated Joint Venture with the Nigerian National Petroleum…
WHO calls for fiscal measures against cheap sugary, alcoholic drinks
Frank Okon The World Health Organization (WHO) has urged governments to significantly raise taxes on sugary drinks and alcohol, warning that these beverages are too cheap and widely available in most parts of the world. In a statement issued on…
Eagles’ fans lament as Nigerian-Morocco tickets sold out
Nigerian fans of the Super Eagles currently face major difficulties in securing tickets for the AFCON semi-final against host nation Morocco, with many reporting that tickets sold out online within hours and later surfaced on the black market at inflated…
EKEDC announces board transition, appoints Wola Joseph-Condotti as Interim CEO
Sopuruchi Onwuka Eko Electricity Distribution Company PLC (EKEDC) has announced a leadership transition following the takeover of its Board by Transgrid Enerco, the company’s spokesman declared on Wednesday. EKEDC, one of Nigeria’s leading electricity distribution companies, serves customers across Lagos…
U.S. urges citizens to leave Iran immediately as crackdown intensifies
Ziggy Ojiegbe The United States has warned its citizens to leave Iran immediately, citing escalating violence, mass arrests and the risk of arbitrary detention as authorities intensify their crackdown on nationwide protests. In an emergency notice issued by the State…
Herzog voices concern as Christian families leave Israel
Frank Okon Israeli President Isaac Herzog has expressed concern over the growing number of young Christian families leaving Israel, warning that insecurity and instability are driving communities away from the Holy Land. Speaking at his annual Christmas and New Year…
Rising riot tolls: Iran seeks dialogue to avert U.S. military action as tensions rise
Ziggy Ojiegbe Iran is widening diplomatic channels with the United States in an effort to avert military confrontation, even as President Donald Trump weighs a range of forceful responses to Tehran’s violent crackdown on nationwide protests. Iranian officials say communication…
Fuel import data mirrors domestic market turmoil
Local refiners yet deliver cost benefits to Nigerians Sopuruchi Onwuka The performance of the domestic fuel production industry dominated the latest report by the Central Bank of Nigeria (CBN) on the country’s trade performance in the past two years. Although…
UN Energy Compacts commitments reach $1.6 trn, huge funding gap remains
Frank Okon Commitments made under the United Nations Energy Compacts have reached $1.6 trillion, with $284 billion already mobilized, as governments and the private sector step up efforts to expand renewable energy and improve access to electricity and clean cooking…
