January 2024 - Page 8 of 13

Eterna Plc Emerges Domestic Sales Distributor Of Dangote Refinery Products

Mohammed Shosanya Eterna Plc, a key player in the energy sector, has been appointed the official domestic sales distributor for Dangote Petroleum Refinery products in Nigeria. This designation solidifies Eterna Plc’s pivotal

11 months ago

Oil&Gas

FG To Spend N1.6trn On Electricity Subsidy, Unveils Fresh Tariff Review

Mohammed Shosanya The Federal Government will spend up to N1.6 trillion in subsidizing electricity for end users by the end 2024, amounting about N120 billion every month, the Nigerian Electricity Regulatory Commission

11 months ago

Power

Rev. Esther Ajayi’s Charitable Endeavor Gives Scholarship To Over 100 University Students

Mohammed Shosanya Founder of Love of Christ Generation Church and The Esther Ajayi Foundation extends fully funded scholarships to foster education and leadership development in Nigeria. Renowned Christian leader Rev. Esther Ajayi

11 months ago

Education

Ibadan Explosion: Foreign Illegal Miners Disappeared Before Explosion -Survivor

A survivor of the explosion that rocked Ibadan, Oyo State capital, yesterday, has said it was foreigners, who engaged in illegal mining activities, that caused the explosion. He also said that they

11 months ago

Crime/Metro

CBN Tackles Forex Transactions Abuses, Clears Liabilities Backlog

Mohammed Shosanya The Central Bank of Nigeria (CBN), in its bid to clear the backlog of outstanding foreign exchange liabilities, has paid approximately USD 2.0 billion across various sectors, including manufacturing, aviation,

11 months ago

Banking&Finance·Business

Isale Eko Descendants Union Celebrates Jide Kosoko At 70

Mohammed Shosanya The Isale Eko Descendants Union, IDU, has extended warm wishes and congratulations to the iconic Nigerian actor, Prince Jide Kosoko, as he celebrates his remarkable 70th birthday. The union, in

11 months ago

Arts/Entertainment

Kyari Seeks Academia-Industry Partnership For Energy Sufficiency

Mohammed Shosanya The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC Ltd.), Mr. Mele Kyari has called for collaboration between the academia and the Oil & Gas Industry

11 months ago

Oil&Gas

Shell Strikes $2.4bn Deal To Sell Onshore Nigeria’s Assets

Mohammed Shosanya A consortium of five mostly local companies wIll acquire onshore assets of Shell’s subsidiary for a consideration of $1.3 billion The buyers will make an additional payment of up to

11 months ago

Oil&Gas

FG Warns Saboteurs In Power Sector

Mohammed Shosanya The Minister of Power, Chief Adebayo Adelabu, on Monday, warned saboteurs working against improvement in power supply and vandalising power facilities to desist from the nefarious act. His ministry has

11 months ago

Power

Odu’a Investment Retires CEO,Appoints Yinusa As Successor

Mohammed Shosanya The management of Odu’a Investment Company Limited popularly known as “Odu’a Investment” has announced the retirement of the Group Managing Director/Chief Executive Officer, Mr. Adewale Raji. The company also appointed

11 months ago

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January 2024 - Page 8

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