Energy Archives — Page 48 of 54

December 12, 2016 No Responses

Nigeria Energy Sector Fund declares N51 coupon payment

The Nigeria Energy Sector Fund (NESF), a closed-end investment vehicle quoted on the Nigerian Stock Exchange (NSE) has declared a coupon payment of N51 per note to unitholders for the financial year ended March 31st 2016. The coupon translates to...

December 6, 2016 No Responses

NLNG commissions $2m laboratory at UNN

Nigeria LNG Limited (NLNG), recently, at the University of Nigeria, Nsukka (UNN) commissioned a $2 million NLNG/UNN Engineering Laboratory donated to the institution as part of the company’s $12 million University Support Programme (USP). NLNG’s USP was la...

December 6, 2016 No Responses

Nigeria, Ghana, Togo, others ban ‘dirty fuels’ from Europe

(BBC) Five countries in West Africa have decided to stop importing “dirty fuels” from Europe, the UN Environment Programme says. A recent report revealed that European companies were exploiting weak regulations in West Africa to export fuels with h...

December 2, 2016 No Responses

NLNG presents $100,000 cash prize to Ibrahim, 2016 Literature Prize winner

Nigeria LNG (NLNG) Limited on Tuesday formally presented the Nigeria Prize for Literature and accompanying cash prize of $100,000 to the 2016 winner, Abubakar Adam Ibrahim, at a Public Presentation ceremony in Abuja. Ibrahim’s entry, Season of Crimson Blosso...

December 2, 2016 No Responses

Africa is a difficult region for paying taxes, says PwC

Economies around the world continue to make progress in simplifying and reducing the burden of tax compliance on business, according to the latest edition of Paying Taxes 2017, a report by the World Bank Group and PwC. Released on Thursday,...

December 2, 2016 No Responses

PwC Photo News

R-L—Moshood Olajide (Director), Pedrol Omontuehen (Head, Power & Utilities), Delia Asuzu, (Head, Marketing), Akinyemi Akingbade (Senior Manager, Power & Utilities)

December 1, 2016 No Responses

Lagos targets 10,000 units of street lights in 2017, laments inadequate gas supply

The Lagos State Government is to deploy not less than 10,000 units of street lights before the end of February 2017. Already, the State Government had deployed 36,000 units under its light up Lagos initiative, bringing the total units to...

December 1, 2016 No Responses

At PwC forum, experts seek adequate measures against energy theft

Energy theft and challenges associated with gas supply on Wednesday dominated discussions at the 2016 edition of PwC Power & Utilities Roundtable in Lagos. Participants at the event attended by various stakeholders called on relevant government agencies to...

November 25, 2016 No Responses

224 firms bid for crude lifting contracts

Not less than 224 local and foreign firms have submitted bids for the purchase and sale of Nigeria’s crude oil. Speaking at the opening ceremony for the sale and purchase of the crude oil grades in Abuja, the Group Managing...

November 21, 2016 No Responses

NNPC, Shell, Access Bank, First Bank, others sign $2.2b contract deal

As part of measures to facilitate access to finance for Nigerian suppliers in the oil and gas sector, Shell with the backing of the Nigerian National Petroleum Corporation (NNPC) has signed $2.2b Memoranda of Understanding with eight Nigerian banks under...

November 18, 2016 No Responses

Kachikwu canvasses early repairs of refineries

The Minister of State for Petroleum Resources, Dr. Emmanuel Ibe Kachikwu has called for the prompt rehabilitation of the nation’s refineries as part of measures to prevent them from being sold as scrap. Speaking on Thursday at a stakeholders’...

November 15, 2016 No Responses

NUPENG faults restructuring agenda for NNPC, DPR, PPPRA

The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has advised the Federal Government to desist from its reported plans to scrap the Nigeria National Petroleum Corporation (NNPC), Department of Petroleum Resources (DPR), Petroleum Product Pricing ...

November 15, 2016 No Responses

NNPC redeploys staff, appoints new spokesperson

The Nigerian National Petroleum Corporation (NNPC) has announced the appointment and redeployment of top management staff across board. According to Group Managing Director of the Corporation, Maikanti Baru, the changes were informed by the desire to cons...

November 8, 2016 No Responses

NPA pledges sustained partnership with NLNG

As part of measures to enhance economic growth, the Managing Director of Nigerian Ports Authority (NPA), Hadiza Bala Usman has assured the management of Nigerian Liquified Natural Gas (NLNG) of a sustained partnership. Playing host to a delegation from....