Oando Plc says its attention has been drawn to recent allegations on social and digital media, levelled against the company of being a shareholder, and its Principals of being Board members, in a Maltese company, Ras Hanzir Oil Terminal Limited…
IAEA Reports Worsening Conditions at Zaporizhzhya Nuclear Plant
IAEA Director General Statement on Situation in Ukraine The nuclear safety and security situation at the Zaporizhzhya Nuclear Power Plant (ZNPP) remains highly challenging during the military conflict, including efforts to ensure adequate maintenance of key safety systems and…
Local Independents in Nigerian Petroleum Industry Upbeat as IOCs Back Pedal
…Merger and acquisition done for energy transition, strategic alliances for operational efficiencies. …Divestment by the majors creates opportunity for indigenous players in the industry. …Squeezing out the last barrel for the independents. Divestment has shown that the International Oil…
REA commits to Nigeria’s Green Economy Revolution at Oriental News Summit
The Ag. Managing Director and Chief Executive of the Rural Electrification Agency (REA), Engr. Abba Abubakar Aliyu, has called for a sustained push towards a Green Economy based future for Nigeria. Engr Abba Abubakar Aliyu stated this on Thursday July…
DG SEC Urges Nigeria to Embrace Green Economy at OrientalNews Summit”
In a keynote address at the Oriental News Summit, Mr. Emomotimi Agama, Director General of the Nigerian Stock Exchange (SEC), passionately articulated the profound personal impact environmental degradation has had on Nigeria. His narrative vividly described how pollution has devastated…
Gov. Uba Sani Applauds President Bola Tinubu on Historic Signing of North West Development Commission Bill
Kaduna State Governor, Senator Uba Sani has expressed his profound gratitude to His Excellency President Bola Ahmed Tinubu on the landmark signing of the North West Development Commission Bill describing it as “a decisive step to pull the North West…
Ohanaeze Ndigbo praises Tinubu as he signs South East and North West development commissions into laws
President Bola Tinubu got immediate applause from the South East political group, Ohanaeze Ndigbo after he signed into laws the North-West Development Commission (Establishment) Bill, 2024, and the South-East Development Commission (Establishment) Bill, 2023. The North-West Development Commission will facilitate…
IE stands firm on combating energy theft, reiterates penalties for offenders
Ikeja Electric Plc (IE)has reiterated that offenders caught in the act of energy theft will be immediately charged to court. The company emphasized that the era of merely imposing loss of revenue (LOR) penalty alone on offenders is over, as…
Forests face increasing risk of wildfires and pests due to climate change
The world’s forests are becoming increasingly susceptible to wildfires and pests due to climate change, according to a new report by the UN Food and Agriculture Organization (FAO), released Monday. “Forests and trees are essential components of agrifood systems. The…
Lokpobiri, Minister of State for Petroleum Resources Holds Key Meeting with Dangote, Regulatory Authorities, and NNPC Leadership
Senator Heineken Lokpobiri, Minister of State for Petroleum Resources (Oil) today led a crucial meeting involving top stakeholders to address issues surrounding the Dangote Refinery. Key participants included; Aliko Dangote, Chairman and CEO of Dangote Group; Farouk Ahmed, CEO of…
