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Sopuruchi Onwuka

NCDMB to launch 17 firms from technology incubation centre

Sopuruchi Onwuka The Nigerian Content Development and Monitoring Board (NCDMB) has declared that it will today launch new 17 portfolio companies that have passed through the Board’s Technology Incubation and Innovation Centre (TIIC). The local capacity building agency and domestic…

Nigeria’s inflation overshoots to near-two-decade high in July

Sopuruchi Onwuka Nigeria’s inflation on global ratings jumped by 1.3 percent in one month to reach troubling 24.1 percent just one month after the new government of President Bola Tinubu came into office and pulled all the price triggers in…

Seplat offers development partnership to Edo State

Sopuruchi Onwuka Seplat Energy Plc and the Edo State government have agreed to deepen their partnership towards improved social, economic and environmental development. The partnetship was part of the discussions during a courtesy visit to the Executive Governor of Edo…

WIEN secures NGA partnership on gender diversity in energy industry

Sopuruchi Onwuka Nigeria’s foremost workplace gender equity advocacy group, Women in Energy Network (WIEN) is collaborating with the new leadership of the Nigerian Gas Association (NGA) to evolve a structured data based approach to gender balancing in the industry. The…

ACFTA: China’s $160 bn package to fund African industrialization

Sopuruchi Onwuka New race for African governments in the ongoing Chinese loan disbursements would be to advance industrial propositions that would enable flow of local goods and services in the toll free African Continental Free Trade Area (ACFTA), shifting the…

Diezani: Who goes to jail?

Sopuruchi Onwuka The pressing of charges on Mrs Diezani Alison-Madueke, now popularly known as Diezani, is set to burst a can of worms in the lingering intrigues that held millions of Nigerians spellbound over drawn out corruption case involving millions…

Amend EPSRA, PIA to fix distressed power sector, El-Rufai warns

Sopuruchi Onwuka Former governor of Kaduna State, Mallam Nasir El-Rufai, declared that the laws governing operations in the power and petroleum sectors should be aligned to salvage the increasingly distressed and illiquid electricity supply industry. Mallam El-Rufai stated that the…

NLNG plant is not shut down

The Nigeria Liquefied Natural Gas (NLNG) Limited has discredited media report stating that its plants are in prolonged shutdown and threaten gas production. Nigeria LNG Limited (NLNG) states that the report is false and misleading, its spokesman, Mr Andy Odeh,…

S.Arabia mauls down hundreds of migrants – report

Graves mark migrant routes The Human Rights Watch (HRW) has accused the authorities of Saudi Arabia of killing hundreds of migrants along the Yemeni border, an allegation the government denies.  In a new report, the Human Rights Watch declared that…

San Leon shops $5m for indirect investment in OML 18

Sopuruchi Onwuka, with agency reports San Leon Energy announced a further investment of $5.0 million in Energy Link Infrastructure (Malta) Limited (ELI), which owns the new pipeline and the floating storage and offloading vessel for the OML 18 oil and…