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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…
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…
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…
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…
Saudi Aramco targets $50 billion from shares
Saudi Aramco is considering selling a stake worth as much as $50 billion through a secondary share offering on the Riyadh bourse after consultations with advisers, the Wall Street Journal reported. The sale could happen before the end of the…
China to haul $40 bn at chip industry competition
China’s government is working to push massive 300 billion yuan, the equivalent of $41 billion, into its semiconductor sector as the country ramps up efforts to catch up with the U.S. and other rivals. The cash haul to be raised…
Africa Climate Summit unveils renewable powerhouse
Sopuruchi Onwuka, with agency reports Delegates at the first African Climate Change Summit in Nairobi, Kenya, have been told to stop bickering over the cause and cost of climate change impact on the continent and concentrate on capturing the new…
Shit in plane forces Delta Airlines to abort flight
Sopuruchi Onwuka, with agency reports A Delta Air Lines plane was forced to turn around about an hour into a flight from Atlanta to Barcelona, Spain, after a passenger sprayed diarrhea throughout the cabin all the way to the lavatory….
