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Nigeria mops N12.6 Trn in H1 oil income
Eyes N20.4 trn in 2022 Sopuruchi Onwuka Nigeria has accumulated princely $21 billion or some N12.6 trillion oil income in the first seven months of the year, posting an outlook of significant $37 billion or N20.4 trillion for the year….
NCDMB delivers vocational centre to University of Ibadan
Harps on Technical Education The Nigerian Content Development and Monitoring Board (NCDMB) weekend handed over a newly developed Vocational School to the University of Ibadan for grooming of technical skills for application in domestic industrial sector. The Oracle Today reports…
NGA hosts Learning Solutions series
The Nigerian Gas Association (NGA) has announced a schedule doe for its planned Learning Solutions, a certificated course of study and training program. According to newsletter dissipated by the association which houses all upstream and midstream oil and gas companies…
Savannah Energy, Notore enter fresh GSA
Sopuruchi Onwuka British independent energy company, Savannah Energy PLC, has declared that its local affiliate, Accugas Limited, has inked a new gas sales agreement (GSA) with Notore Chemical Industries PLC (Notore). Savannah brands itself as Africa focused and indirectly owns…
SEPLAT JV empowers 300 Edo, Delta teachers at STEP-3
Leading Nigerian independent energy company, Seplat Energy Plc, say it has empowered 300 teachers from both Edo and Delta States in the third edition of its signature Seplat Teachers Empowerment Programme (STEP). The STEP initiative launched in 2022 seeks to…
Hotspot and Husk Power deploy solar power at rural telecom hubs
Telecommunications service provider, Hotspot Network Limited (HNL) is in partnership with Husk Power Systems to displace diesel generating plants at off grid telecommunication mast stations in rural Nigeria. A statement from Husk Power Systems which operates large fleet of rural…
India pointed as Russia sneaks oil export into US
The US has raised concerns that India hid the origin of Russian oil shipped to New York, a top Indian central banker said. Speaking at a recent event in Bhubaneswar, India, Michael Patra, the deputy governor heading monetary policy at…
Aramco, 5 oil majors post $110.9 bn Q2 profit
Sopuruchi Onwuka Five multinational oil majors and one international national oil firm jointly posted whopping $110.9 billion profit in second quarter of the year, amplifying the role of the companies in meeting ever rising global energy demand. The record profit…
FG, electricity workers reach truce, suspend strike
Total national blackout was averted yesterday after the officials of the Ministry of Labour and Productivity engaged electricity workers union in a fruitful negotiation to resolve demands that led to a strike which was capable of pulling down the already…
Factors that stoke runaway inflation in Nigeria
Sopuruchi Onwuka Rising insecurity at fishing hubs in the northern parts of the country is compounded by Ukrainian export holdup and rising petrol prices to push Nigeria’s inflation to pre-2005 highs, amplifying how Putin’s war decisions aggravated Buhari’s bad policies…
