Oracle Intelligence

Online newspaper platform

Business

N.I.E.S 2022: CEO Roundtable to unfold strategies for seamless energy transition

The CEO roundtable of the upcoming Nigeria International Energy Summit (N.I.E.S 2022) taking place in Abuja from February 27th to March 3rd, 2022, will unfold strategies for a seamless energy transition with the view of ensuring energy security without putting…

Husk Power Systems to build 500 minigrids in Nigeria

Signs U.N. Energy Compact to connect 1m users to 5,000 minigrids Sopuruchi Onwuka Microgrid electricity provider, Husk Power Systems, has declared intention to expand its rural clean energy services in Nigeria and other nations in Africa and Asia where it…

UAE to lift travel ban on Nigeria, other African countries

The United Arab Emirates will lift an entry and transit ban on Saturday on travelers who had recently visited South Africa, Kenya, Nigeria, Ethiopia and eight other African countries. The National Emergency Crisis and Disasters Emergency Management Authority (NCEMA) said…

NLNG activates 6 of 12 hospital support projects

Sopuruchi Onwuka Nigeria LNG (NLNG) Limited flagged off its multi-billion-naira Hospital Support Programme (NLNG HSP) with Memoranda of Understanding (MOU) with initial six out of 12 Nigerian teaching hospitals targeted in the scheme. Managing Director of the gas liquefaction and…

NCDMB dismisses pejury allegation against Wabote as charade

Sopuruchi Onwuka The Nigerian Content Development and Monitoring Board has dismissed allegations of perjury against its Executive Secretary, Engr Simbi Wabote, as disingenuous and diversionary tactic to stampede into dropping his suit challenging allegations that he operates a foreign account….

BFI Group ready to reactivate ALSCON

Sopuruchi Onwuka A Nigerian American consortium, the BFI Group, has declared its readiness to begin processes for reactivation of production at the Aluminum Smelter Company Limited in order to fast tract the ongoing economic diversification of the government. The development…

Ardova’s LPG facility to go live by December

Sopuruchi Onwuka Integrated petroleum marketing company, Ardova Plc, has declared that its ambitious storage facility for holding liquefied petroleum gas (LPG) also called cooking gas is targeted for commissioning by the end of the year. The company which held a…

NLNG provides RSUTH with infectious diseases unit

Nigeria LNG Limited (NLNG) on Friday signed a Memorandum of Understanding (MoU) with Rivers State University Teaching Hospital (RSUTH) for the provision of a multi-million naira Infectious Diseases Unit to support robust healthcare delivery in Rivers State. At a signing…

Energy transition: Africa to host 2 bn cars by 2040

Sopuruchi Onwuka Nigeria and other developing economies of the world must brace to host about two billion vehicles that are fired with petroleum fuels as the industrialized nations that currently champion the global movement for energy transition plan total switch…

Nigeria turns an OPEC laggard as oil demand surges above 100 mbd

Sopuruchi Onwuka Nigeria’s crude oil production maintained fluctuating trend in December 2021, shedding 43,000 barrels per day to end the year at 1.338 million barrels per day.  According to the Monthly Oil Market Report of the Organization of Petroleum Exporting…