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Access Holdings clears the paths to ₦351 Billion Rights Issue
Sopuruchi Onwuka Diversified financial services group, Access Holdings Plc has cleared the path to formal launch off its authorised right issue by early next week. With the arrangement which was signed off at a ceremony in Lagos is part of…
Derisking Nigerian business environment is collective responsibility __NNPC
Sopuruchi Onwuka All Nigerians must play significant roles in attracting global investible funds into the highly challenged Nigerian business environment, the Nigerian National Petroleum Company (NNPC) Limited has declared. Chief Financial Officer, Mr. Umar Ajiya, who spoke at the ongoing…
NCDMB to build credible players, weed out job traders
Sopuruchi Onwuka The Nigerian Content Development and Monitoring Board (NCDMB) has declared its unbending resolve to bolster the capacity and effectiveness of credible local companies partnering the agency in delivering the prime economic objectives in the petroleum industry. The Executive…
IPPG demands state of emergency in petroleum sector
* Wants IOC divestment deals quickly closed Sopuruchi Onwuka Nigerian players in the upstream oil and gas exploration and production industry have called on federal government to declare a state of emergency in the petroleum sector to save the economy…
Retail expansion earns N183.3 bn revenue for Eterna Plc
Sopuruchi Onwuka Integrated energy provider in the downstream petroleum market, Eterna Plc, has declared consolidated operating revenue of N183.3 billion in the 2023 operating year, trailing a profit of N7.8 billion. Chairman of the company, Dr. Gabriel Ogbechie, declared at…
Namibia to unveil Luderitz Basin potential at West Africa Energy Summit
Sopuruchi Onwuka Government of Angola will at the West Africa Energy Summit in September avail the global upstream petroleum players the opportunity of prying to potentials hosted in the country’s popular Luderitz Basin. The Petroleum Commissioner of Namibia, Ms. Maggy…
AGIS demands innovation in Africa’s energy play
Sopuruchi Onwuka The Africa Gas Innovation Summit (AGIS) 2024 has emphasized the urgent need for innovation in Africa’s energy landscape. Speakers at the event which held recently in Abuja that Africa’s vast gas resources present a path to a sustainable…
Axxela beats chest with 8 million man-hours of no LTI
Sopuruchi Onwuka Leading gas and power portfolio company, Axxela Limited, has announced significant 8.0 million man-hours of activity with no lost time to injury (LTI), surpassing the previous 7.0 million man-hours LTI milestone. The landmark achievement further affirms its strict…
Projects Tourism extends Tour Africa Lottery entry to August
Sopuruchi Onwuka Promoters of Project Tourism have declared extension of entry for travel enthusiasts to explore the opportunity to participate in a two nation trip that takes tourists on an adventure in Nigeria and Rwanda. The programme which is jointly…
NNPC Ltd sets August deadline for OB3 gas pipeline delivery
The much awaited completion of the Obiafu-Obrikom-Oben (OB3) Gas Pipeline project is likely to be delivered by August when the challenging Niger River crossing is expected to be completed. According to the Nigerian National Petroleum Company (NNPC) Limited, the river…
