TotalEnergies Unveils Kaminho Deepwater Project

TotalEnergies Unveils Kaminho Deepwater Project

Chairman and Chief Executive Officer of TotalEnergies, Patrick Pouyanné, met on May 20 in Luanda with João Lourenço, President of Angola, Diamantino Azevedo, Minister of Mineral Resources, Oil & Gas (MIREMPET), Paulino Jerónimo, Chairman and CEO of ANPG and Gaspar...
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CBN Raises Interest Rate To 26.25 %

CBN Raises Interest Rate To 26.25 %

The Central Bank of Nigeria (CBN) has raised the interest rate by 150 basis points from 24.75 per cent to 26. 25 per cent. Following a two-day meeting, the bank’s Monetary Policy Committee (MPC) agreed to increase the Monetary Policy...
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NDDC Boss Seeks Effective Stakeholders Collaboration

NDDC Boss Seeks Effective Stakeholders Collaboration

The Managing Director of the Niger Delta Development Commission, NDDC, Dr Samuel Ogbuku, has again called for effective collaboration of critical stakeholders in chanting new narratives in the Niger Delta region.Ogbuku, who stated this in his goodwill message ...
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Transcorp Power Declares N142b Revenue, N23.46b Dividend

Transcorp Power Declares N142b Revenue, N23.46b Dividend

Transcorp Power Plc, a subsidiary of Transnational Corporation Plc (Transcorp Group), has announced impressive financial performance at its 11th Annual General Meeting (AGM), the first since the Company went public, via a listing by introduction of its shares,...
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NDDC Inaugurates Edo Electricity Sub-Station

NDDC Inaugurates Edo Electricity Sub-Station

The Niger Delta Development Commission, NDDC, has inaugurated the 1×15MVA 33/11KV electricity injection substation it built in Amufi, Ikpoba-Okha Local Government Area in Benin City, Edo State.Speaking at the commissioning ceremony, the NDDC Managing Director...
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Bonny Gas Transport Charters Eco-Friendly Newbuild Vessel

Bonny Gas Transport Charters Eco-Friendly Newbuild Vessel

Bonny Gas Transport Limited (BGT), a subsidiary of Nigeria LNG Limited (NLNG), has chartered a newbuild vessel, AKTORAS, in a strategic move to diversify and reduce the carbon footprint of its shipping portfolio.  BGT was founded in 1989 to provide...
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NIMASA CELEBRATES NIGERIAN WOMEN STAKEHOLDERS.

NIMASA CELEBRATES NIGERIAN WOMEN STAKEHOLDERS.

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dayo Mobereola, during the 2024 commemoration of the International Day for Women in Maritime in Lagos, commended the contributions of Nigerian women to the development...
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NDDC To Commission 92 Projects Worth N84b

NDDC To Commission 92 Projects Worth N84b

The Niger Delta Development Commission, NDDC, will over the next two weeks commission 92 infrastructure projects executed at a cost of N84 billion across the nine mandates states in the region. The Commission’s Director, Corporate Affairs, Pius Ughakpoteni, ...
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Minister  Congratulates Newly Elected APRA Executives

Minister  Congratulates Newly Elected APRA Executives

The Minister of Information and National Orientation, Mohammed Idris, has felicitated the newly elected Executive Council of the African Public Relations Association (APRA), elected at the 35th APRA Annual Conference and Annual General Meeting (AGM), which was...
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SIFAX Group Chairman Identifies Blue Economy Potential At LAUTECH Lecture

SIFAX Group Chairman Identifies Blue Economy Potential At LAUTECH Lecture

Dr. Taiwo Afolabi, Chairman, SIFAX Group, has identified coastal tourism and renewable energy generation as some of the potential areas of growth that Nigeria needs to take advantage of in developing its blue economy.  Afolabi, while delivering the 16th&n...
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NADDC To Commence Accreditation Of CNG Conversion Workshops

NADDC To Commence Accreditation Of CNG Conversion Workshops

To ensure safety and standard, the National Automotive Design and Development Council (NADDC) has concluded arrangements to commence the accreditation and certification of Compressed Natural Gas (CNG) powered Vehicles Conversion Workshops in Nigeria. This was ...
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Tinubu To MDAs: Procure CNG Vehicles

Tinubu To MDAs: Procure CNG Vehicles

President Bola Tinubu has directed all government ministries, departments, and agencies to purchase compressed-natural-gas-powered vehicles.  Presidential spokesman Ajuri Ngelale said this in a Monday statement. “In line with his commitment to ensure en...
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NIMASA Unveils Reviewed Minimum Wage Document For Seafarers

NIMASA Unveils Reviewed Minimum Wage Document For Seafarers

The Nigerian Maritime Administration and Safety Agency (NIMASA) has launched the reviewed minimum wage document for Nigerian Seafarers, developed in line with the provisions of the Maritime Labour Convention MLC 2006. The document, which is for 2023-2025, is a...
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NIMASA DG Assures Maritime Stakeholders Of Inclusivity

NIMASA DG Assures Maritime Stakeholders Of Inclusivity

The Director General of the Nigerian Maritime Administration and Safety Agency, NIMASA, Dr. Dayo Mobereola has assured stakeholders in the Nigerian maritime sector of inclusivity, towards the development of the sector. The NIMASA DG  who made this asserti...
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