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FG’s N1 trn mortgage capital to close urban housing gaps

Sopuruchi Onwuka The moves by the federal government to raise a trillion Naira in capital for the construction industry is conceived revive mortgage banking and arrest the worsening housing crises that beset urban dwellers in the country. Finance Minister, Wale…

MEMAN demands regulation led collaboration in dom-market transition

Sopuruchi Onwuka Leading energy supply group in the domestic fuel market, the Major Energies Marketers Association of Nigeria (MEMAN), is calling on all stakeholders in the downstream petroleum industry to collaborate in pushing the ongoing deregulation and liberalization to expected…

WIEN holds 2nd IWD Career Fair for college girls in Port Harcourt

Sopuruchi Onwuka Nigeria’s leading gender equity advocate, the Women in Energy Network (WIEN) on Tuesday rounded off its month long career mentorship and capacity building programme with the second phase of its International Women’s Day Career Fair in Port Harcourt….

Axxela vows enhanced energy support to sustainable industrialization of Lagos State

Sopuruchi Onwuka Leading gas and power solutions provider in sub-Saharan Africa, Axxela Limited, has reiterated its commitment to enhancing energy security, driving industrialization, and promoting environmental sustainability in Lagos State. Axxela made this pledge during a visit to Lagos State…

NLNG to digitize domestic LPG supply

Sopuruchi Onwuka Nigeria’s biggest gas processing company, the Nigerian Liquefied Natural Gas (NLNG) Limited, is working on processes for seamless flow of Liquefied Petroleum Gas (LPG) also called cooking gas to the domestic market. The company stated weekend that it…

NOGOF 2025 to dismantle barriers for local oil upstarts

* Bayelsa to host opportunity fair in May Sopuruchi Onwuka The Nigerian Content Development and Monitoring Board (NCDMB), has declared is intention to dismantle all entry barriers for local enterprises seeking opportunities in the nation’s petroleum industry. The agency which…

NNPC dismisses reports of PH refinery blast

Sopuruchi Onwuka The Nigerian National Petroleum Company Limited (NNPC Ltd) says there is no safety or security incident affecting the operated Port Harcourt Refining Company (PHRC) Limited, dismissing reports of a blast at the plant as operational incident. Spokesman of…

Naira for crude policy crumbles, Dangote begins sale in dollars

Sopuruchi Onwuka The highly applauded Naira-for-crude programme which was severally advertised on industry policy platforms as one of the most credible economic stabilization interventions of the current administration of the federal government to contain galloping inflation may have collapsed. Nigeria’s…

Business Economy Energy

XENERGI denies complicity in Axxela’s land crisis, urges peace

Sopuruchi Onwuka Indigenous gas technology solutions company, Xenergi Limited, has declared that it is not a party to the ongoing dispute between Axxela Limited and its host communities over land acquisition crisis in Delta State. Xenergi is a Natural-Gas technology…

NCDMB indicts SEEPCO Limited on multiple regulation breaches

Sopuruchi Onwuka  There appears to be no respite for the embattled Sterling Oil Exploration and Energy Production Company (SEEPCO) Limited in its war with the organized labour movement as the government’s regulator, The Nigerian Content Development and Monitoring Board (NCDMB),…