The Crude Oil Refinery-owners Association of Nigeria (CORAN) has extended its heartfelt congratulations to Mr. Aliko Dangote and his team at Dangote Refinery on the remarkable achievement of commencing the production of Premium Motor Spirit (PMS). The group said that…
President Bola Tinubu Meets Chinese Premier, Says Africa Holds Vast Opportunities For Investments, Growth and Development with its vibrant population, productive economy, and natural resources.
President Bola Tinubu says Africa holds vast opportunities for investments, growth, and development with its vibrant population, productive economy, and natural resources. Speaking at a bilateral meeting on Wednesday in Beijing, China, with Chinese Premier Li Qiang, President Tinubu commended…
President Tinubu Sympathizes With Flood Victims Across The Country
President Bola Tinubu receives the news of the devastation wreaked by floods on communities and farmlands across the country with profound grief. Recent data by the National Emergency Management Agency (NEMA) indicate that lives have been lost — with thousands…
SPE Nigeria furthers the drive to boost oil, gas output to meet global energy demands
…unveils conference theme for 2025 The Society of Petroleum Engineers (SPE) Nigeria Council has reaffirmed its commitment to advancing the oil and gas sector, underscoring its crucial role in meeting the global energy needs in a safe, secure, and sustainable…
Finance, Logistics, Technology Experts Join African Energy Week 2024 as Commercial Energy Opportunities Unfold
As countries accelerate the pace of project development in Africa, the demand for legal, financial and logistics services continues to grow With Africa’s energy demand on track to grow more than three-fold by 2040, investments are being directed towards large-scale,…
Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) Chief Executive Officer (CEO) Joins African Energy Week (AEW) 2024 as Nigeria Advances Key Gas Pipeline Infrastructure
Farouk Ahmed, CEO of the Nigerian Midstream & Downstream Petroleum Regulatory Authority, has joined AEW: Invest in African Energy 2024 to showcase Nigeria’s regulatory progress and major midstream and downstream infrastructure projects Nigeria signed an agreement this month with Equatorial…
IBEDC Engages Customers in Ibadan and Ogun States
To enhance customer satisfaction and improve service delivery, the Ibadan Electricity Distribution Company (IBEDC) recently conducted visits and engagements with some of its Maximum Demand (MD) customers in Ibadan and Ogun States. This initiative is part of the company’s ongoing…
Empowering Türki̇ye’s Agricultural Future: Islamic Corporation for the Development of the Private Sector (ICD) and Vakif Katilim Bankasi Sign USD 30 Million Financing Agreement
Strategic Partnership to Propel SME Growth and Strengthen Food Security in Türkiye In a decisive move to bolster Türkiye’s economic and agricultural landscape, the Islamic Corporation for the Development of the Private Sector (ICD) has partnered with Vakıf Katılım Bankası…
‘SPDC’s Support Nurturing Next-Generation Energy Experts’
A leading academic has identified the targeted investments in education by the Shell Petroleum Development Company (SPDC) Joint Venture as a catalyst for addressing Nigeria’s energy challenges. Professor Anene Moneke, Director of the NNPC/SPDC/TotalEnergies/NAOC Joint Venture Centre of Excellence in…
NNPC Ltd Releases 2023 Audited Financial Statement – Announces net profit of N3.297 trillion, dividend of N2.1 trillion
The Nigerian National Petroleum Company Limited (NNPC Ltd) has released its 2023 Audited Financial Statement (AFS), declaring a net profit of N3.297 trillion at the close of the financial year which ended in December 2023, an increase of over N700billion…