* To Halt Gas Supply To GENCOS Over N2trillion Debt The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has announced plans to reassess the 0.5% levy associated with the Midstream Downstream Gas Infrastructure Fund (MDGIF) to ensure compliance with…
Chappal Energies Completes Acquisition of Equinor’s Nigerian Assets for $1.2B.
Chappal Energies, an African Energy company has formally taken over the Nigerian assets of Equinor’s Nigerian assets, competing the acquisition process which had been on for quite a while. The deal, which was previously agreed to and announced in November…
PACT Decries N10M Tobacco Fund as Inadequate Amid 29,000 Annual Deaths
The Protecting and Activating Communities Against Tobacco (PACT) Lagos hub, has described as vastly insufficient the recent increase in the National Tobacco Fund from N4.7M to N10m in the budget. The National Tobacco Control Fund (NTCF) is a financial mechanism…
Lagos State Strengthens Drive Towards Universal Health Coverage
• 1.3 Million Residents Enrolled on Ilera-Eko• As LASHMA Renews Drive Towards Compulsory Health Insurance In a concerted push to ensure accessible, affordable, and equitable healthcare for all residents, the Lagos State Government has said it is strengthening drive towards…
PNC2024: Chevron Is Committed to Nigerian Content, with Annual $1 Billion Investment on Local Suppliers in Last 10years – Jim Swartz
Jim Swartz, Chairman and Managing Director of Chevron Nigeria Ltd and Chevron Mid-Africa Business Unit Chevron Nigeria Ltd (CNL) has reaffirmed its commitment to Nigerian content development, stating that over the last 10years, the oil major has invested an estimated…
Shell Underscores Commitment to Nigerian Content Development – Announces Investment of $1.98 billion in 2023
Shell Companies in Nigeria General Manager, Nigeria Content, ‘Lanre Olawuyi, welcomes the Minister of State for Petroleum Resources (Oil), Sen. Heineken Lokpobiri to the Exhibition Booth of Shell. Shell companies in Nigeria (SCIN) have restated their commitment to supporting Nigerian…
PNC: Nigerian Content Soars to 56% as Ministers, Stakeholders Applaud NCDMB’s Developmental Impact
The Executive Secretary, NCDMB, Engr. Felix Omatsola Ogbe in a group photograph with Honourable Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, Honourable Minister of State for Petroleum Resources (Gas), Rt. Hon. Ekperipe Ekpo, Chairman, Senate Committee on…
Savannah Energy Provides 2024 Operational and Financial Updates,Outlines FY25 Plans for Nigeria, Niger
Savannah Energy PLC, a British independent energy company dedicated to delivering “Projects that Matter,” has provided a detailed update on its operational performance, future outlook, and strategic plans for FY25, focusing on its portfolios in Nigeria and Niger. Operational Update…
NNPC Debunks Pricing Claims, Announces PHRC Portal Opening Pending Finalization
The Nigerian National Petroleum Corporation (NNPC) Ltd. has refuted recent claims about the pricing of products from the Port Harcourt Refining Company (PHRC), clarifying that the company has not yet begun bulk sales or opened its online purchase portal. According…
President Tinubu Says Nigeria’s Reform Will Impact Africa, Praises Macron For His Interest In Africa
President Bola Ahmed Tinubu has lauded the amicable relations with French President Emmanuel Macron, appreciating his interest in Africa. Tinubu expressed confidence that Macron’s goodwill would foster stronger bilateral ties, benefiting the entire continent..At the State Dinner organised by the…
