March 2024

Egbin Power Gets FG’s Assurance On Debt Payment,Increased Gas Supply

Mohammed Shosanya Minister of Power, Adebayo Adelabu, has affirmed Federal Government’s commitment to gradually offset the debt owed Nigeria’s largest power generation company, Egbin Power, starting next month April, while noting that

9 months ago

Power

Asharami Synergy Partners NMDPRA On Promotion Of Clean Energy

Mohammed Shosanya Asharami Synergy,a Sahara Group Downstream Company,has reiterated its commitment to promoting the adoption of cleaner fuels in the sector, working in collaboration with regulatory authorities and delivering exceptional fuel solutions

9 months ago

Oil&Gas

Easter: IBEDC Tells Nigerians To Embrace Love

Mohammed Shosanya The Ibadan Electricity Distribution Company (IBEDC) Plc extends warm greetings to Christians and all Nigerians in commemoration of. the Easter season. In a statement issued by the Managing Director, Engr.

9 months ago

Power

Nigerian Troops Kill 212 Terrorists,Rescue 244 Victims In One Week

Mohammed Shosanya The Director, Defence Media Operations (DMO), Major General Edward Buba has disclosed that troops in the last one week killed 212 terrorists, arrested 252 and rescued 244 victims. He also

9 months ago

News·Nigeria News

CBN Unveils N500bn, N200bn Minimum Capital Base For Banks

Mohammed Shosanya The Central Bank of Nigeria (CBN) on Thursday,unveiled new minimum capital requirements for banks, pegging the minimum capital base for commercial banks with international authorisation at N500 Billion. Acting Director,

9 months ago

Banking&Finance·Business

Eko DisCo Board Faults Egeregor’s Publication

Mohammed Shosanya The Chairman of Eko Electricity Distribution Company (Eko DisCo), Mr. Dere Otubu has issued a disclaimer on a publication made by a board member, Babor Egeregor. He expressed this in

9 months ago

Power

Access Holdings’ Profit Hits N729bn

Mohammed Shosanya Access Holdings Plc (“The Group”) has announced its audited Consolidated and Separate Financial Statements for the year ended December 31, 2023. In the year under review, the Group recorded a

9 months ago

Banking&Finance·Business

TotalEnergies Marks 100th Anniversary,Reveals Ambitious Plans

Mohammed Shosanya TotalEnergies,Thursday,marked the 100th anniversary of the company’s creation. TotalEnergies’ 100-year history tells the story of the world and energy, from the 1920s to the present day,a statement said,adding that a

9 months ago

Oil&Gas

PTDF Boss: How To Accelerate Growth In Oil,Gas Sector

Mohammed Shosanya Mr. Ahmed Galadima Aminu, the Executive Secretary, Petroleum Technology Development Fund (PTDF), on Thursday disclosed measures required to achieve the desired development in the oil and gas sector. He stated

9 months ago

Oil&Gas

Kyari Says Bridging Energy Access Gap Vital for Nigeria’s Economic Growth

Mohammed Shosanya The Nigerian National Petroleum Company Limited (NNPC Ltd) has emphasized the critical import of bridging the energy access gap to the creation of economic prosperity of the country. The Group

9 months ago

Oil&Gas

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