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Enugu crash: Dangote Industries vows legal action against unauthorized use of logos on trucks
Sopuruchi Onwuka Dangote Industries Limited (DIL) has stated intention to press legal action against third party logistics providers that use its brands on their vehicles without authorization. The company which made its statement available to Oracle Intelligence vowed to implement…
Trade envoy pldges stronger UK-Nigeria economic ties
Sopuruchi Onwuka The UK Trade Envoy to Nigeria, Florence Eshalomi MP, has declared the commitment of the British government to supporting Nigerian businesses as they scale globally and to ensuring our partnership delivers real, inclusive impact. Ms Eshalomi who concluded…
Putin quenches Trump’s fire in the oil market
Sopuruchi Onwuka All the market sentiments and related price movements associated with high stake peace meeting between President Donald Trump of the United States and Russian President Vladimir Putin went cold after the American president came from the meeting without…
More oil coming to market as global 2P reserves hit 1.5 trillion barrels
Global 1P reserves grow by 5Bbbls A total of 1.572 trillion barrels produced in past 124 years Sopuruchi Onwuka The world is not really coming to the end of petroleum consumption as more exploration and production investments achieve significant reserves…
Renaissance declares resolve to boost oil output
Sopuruchi Onwuka The Renaissance Africa Energy Company Limited has restated it’s resolve to add value to operated assets and boost oil and gas production. Chief Technical Officer (CTO), Mr. Abdulrahman Mijinyawa, who received multiple awards on behalf of the company…
Dangote lands massive CNG fired fleet for fuel distribution
Sopuruchi Onwuka Dangote Petroleum Refinery & Petrochemicals has commenced the receipt of 4,000 compressed natural gas powered truck heads and tanker trailers as the group joins the domestic retail of products. The company stated in a release that the fuel…
Panic in Corporate Centrum as Sahara Group battles insolvency
Sopuruchi Onwuka The energy business empire of corporate mogul, Kola Adesina, is battling tough liquidity challenge that threatens its continued participation in the debt ridden national gas-to-power programme. Leaders and top management executives are all pulling strings to stave off…
OIDA Fireside Chat: UNOC chief canvasses intra-African energy alliance
Sopuruchi Onwuka The need for collaboration among players in the African energy industry has become urgent in order to join forces in meeting the rising demand associated with the continent’s growing youth and productive population. It is in this line…
Ikazoboh chairs board of Dangote Cement as Aliko steps down
Non-Executive Director at Dangote Cement, Mr Emmanuel Ikazoboh, has been named the new Chairman of the company following the exit of founder, Alhaji Aliko Dangote, from the board. The company announced weekend that Aliko Dangote officially stepped down as Chairman…
Africa needs growth pillars for independent development __Wewimo
Sopuruchi Onwuka African nations currently facing dwindling foreign aids, trade frictions and migration pushback from once sympathetic western governments must now confront the urgent need for effective political leadership and rapid infrastructure development required for economic independence and internally propelled…
