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Trump’s trade antics win the US a $100 billion FDI
President Donald Trump has at the White House unveiled a $100 billion investment from Taiwan Semiconductor Manufacturing Company (TSMC), setting off fears that the asian country might be losing its world-beating semiconductor industry to the US due to political pressure….
IWD: Shyllon Museum, others empower Itamapako women leaders
The Yemisi Shyllon Museum of Art (YSMA), Pan-Atlantic University, has reaffirmed its commitment to using art education as a catalyst for empowerment and social development with the successful hosting of the “Leadership Orientation Programme: Cultural Inclusion through the Arts” for…
UK, Nigeria ETI launches Creative Industries Technical Working Group
Sopuruchi Onwuka The United Kingdom and Nigeria have officially launched the Creative Industries Technical Working Group to promote Enhanced Trade and Investment Partnership (ETIP) between businesses in the two countries. According to a statement from the UK High Commission in…
NCD violation: NCDMB’s been in running battle with Sterling Oil __Source
Sopuruchi Onwuka Allegations against Sterling Oil Exploration & Energy Production Company (SEEPCO) Limited on violating numerous labour laws, operating regulations and the Nigerian Content Act in the petroleum industry continue to mass up with revelations that the independent producer retains…
Axxela committed to Umuseti land dispute resolution
Sopuruchi Onwuka Major gas player in the domestic and regional market, Axxela, says it is working with stakeholders to peacefully resolve the land acquisition dispute in Umuseti, Delta State. Corporate Communications Manager, Omolara Shitu, stated in a media release that…
Local refining: Lokpobiri confirms industry support for OTL 2025
The Honourable Minister of State Petroleum Resources (Oil), Senator Heineken Lokpobiri has highlighted the importance of the downstream value chain of the petroleum industry to Nigeria, and the commitment of the Federal Government to optimizing the country’s refining capacity. He…
PENGASSAN threatens industrial action over showdown with SEEPCO Limited
Sopuruchi Onwuka The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has demanded the federal government to immediately impose stringent sanctions on Sterling Oil Exploration & Energy Production Company (SEEPCO) Limited for violating numerous labour laws, operating regulations…
NCDMB throws weight behind 100 kbd refinery project
Stakes funds in 20% equity Sopuruchi Onwuka The push for local refining capacity expansion has become intense with Nigerian Content Development and Monitoring Board (NCDMB) adding its weight to drive through a new 100,000 barrels per day (100 kbd) crude…
NCDMB brokers pan-industry commitment to local linepipe usage
Sopuruchi Onwuka Players in the Nigerian petroleum sector have declared their commitment to utilization of locally produced line pipes in the full industry value chain as a way of accelerating realization of targets set by the Nigerian Oil and Gas…
MasterCard resolves global outage
Global payment services provider, MasterCard, had declared that it promptly resolved glitches that rendered users all over the world unable to make online or in-person payments early Sunday morning. Senior Vice President in charge of Communications, Seth Eisen, said in…
