Germany’s state-owned rail company Deutsche Bahn (DB) is blaming strikes, construction work and storms for a poor punctuality record in the first half of this year, with just 62.7% of long-distance trains arriving without major delay. “The massive strikes, country-wide…
Access Bank Joins NGX to Launch Impact Board
Access Bank Plc, Nigeria’s leading institution in sustainable finance, was one of the participants in the launch of the Nigerian Exchange Limited (NGX) Impact Board, a dedicated platform for listing sustainability instruments to integrate sustainability into the core of Nigeria’s…
Francophone British Business Council (FBBC) Joins MSGBC Oil, Gas & Power 2024 as Strategic Partner, Promoting United Kingdom-Africa Investment
The Francophone British Business Council enables access by UK companies to Francophone markets seeking partnerships and investment, including Senegal, Guinea-Conakry and Ivory Coast The Francophone British Business Council (FBBC) has partnered with the upcoming MSGBC Oil, Gas & Power…
At MEMAN Press Briefing, Speakers Advocate Competition, not Monopoly in Downstream Sector,
At the recent Major Energy Marketers Association of Nigeria (MEMAN) quarterly press briefing, various speakers advocated for the enabling environment for competition to thrive and not monopoly as only competition would guarantee better pricing, increased consumer awareness and quality products.…
ReconAfrica’s Farm in Namibia Onshore to Accelerate Exploration and create more Opportunities
The African Energy Chamber supports ReconAfrica’s divestment of a 20% stake in Petroleum Exploration License (PEL) 73 onshore Namibia to BW Energy, which will fast-track the planned multi-well drilling campaign and 3D seismic program In a milestone transaction, Reconnaissance…
Commissioner Unveils Waste Management Plans at Event …Govt to build waste-to-energy plants at Olusosun, Epe and Badagry
The Lagos State Commissioner for the Environment and Water Resources, Mr. Tokunbo Wahab, has unveiled plans to radically improve the waste management system in the state, at a Waste to Energy Summit themed, “Driving Environmental Sustainability”. The event, organised by…
Nigeria to be Net Exporter of Petroleum Products by December 2024
Nigeria concludes plans to become net exporter of petroleum products by end of 2024
Nigeria’s food importation policy could destroy country’s agriculture, warns Akinwumi Adesina
Nigeria should be producing more food to stabilize food prices, while creating jobs and reducing foreign exchange spending The President of the African Development Bank Group Dr. Akinwumi Adesina has said the decision by Nigeria’s government to allow massive…
Climate activists pour paint on Tesla Cybertruck in Hamburg
Climate activists have doused one of US carmaker Tesla’s Cybertrucks with orange paint at the Tesla Centre in the Wandsbek district of the northern German port city of Hamburg, police confirmed on Saturday morning. According to the activists from the Last…
Floods, hailstones cause havoc in southern Germany
A major storm caused flooded roads and cellars and traffic obstructions due to fallen trees in the southern German state of Bavaria on Friday evening. According to a police spokesman in the city of Kempten, south-west of Munich, roads were…
