April 2024 - Page 10 of 14

Grid Collapses:Expert Seeks Use Of Battery Service To Boost Power Supply

Mohammed Shosanya Due to epileptic power supply and frequent national grid collapses plaguing Nigeria, the novel Battery as a Service (BasS) has been recommended to boost the country’s electricity supply storage and

April 15, 2024

Power

Electricity: NDDC Connects 2,000 Ondo Communities, Five LGAs

Mohammed Shosanya The Niger Delta Development Commission (NDDC) has completed and connected the 132/33kv electricity sub-station it built at Ode-Erinje in Okitipupa Local Government Area of Ondo State to the national grid.

April 14, 2024

Power

Theft: Police Arrest AEDC Staff,Five Others,Recovers Transformer

Mohammed Shosanya Operatives of the FCT Police Command have arrested an Abuja Electricity Distribution Company staff and recovered transformer and other exhibits from five other suspected vandals and thieves in Abuja. The

April 14, 2024

Crime/Metro

NDIC Pledges Improved Partnership With CBN To Strengthen Banking Sector

Mohammed Shosanya Nigeria Deposit Insurance Corporation (NDIC),has pledged to continue to collaborate with the Central Bank of Nigeria (CBN) to ensure the resilience and stability of the Nigerian banking sector. The Managing

April 13, 2024

Business·Insurance&Pension

FG Explains Drop In Nigeria’s Oil Output In Q1

Mohammed Shosanya Minister of State for Petroleum Resources(oil)Heineken Lokpobiri,says the drop in crude oil production in the first quarter of 2024 is due to challenges with the Trans-Niger pipeline (TNP) and the

April 13, 2024

Oil&Gas

Police Arrest Abductor Of Sen. Nwoko’s Legal Aide,1,340 Others

Mohammed Shosanya Operatives of the Nigeria Police Force (NPF) has arrested a suspected kidnapper of one Barr Chris Agidy, the legal aide to Senator Ned Nwoko and Mr Sunday Yahaya Zakwai, the

April 13, 2024

Crime/Metro

Nigeria’s Energy Sector Needs Robust Collaboration

Mercy Salawu The Society of Petroleum Engineers (SPE), Nigerian Council,has called for collaborative efforts in addressing the challenges and opportunities facing Nigeria’s energy sector. In a recent address at the opening ceremony

April 13, 2024

Oil&Gas

NSCDC Uncovers Illegal Crude Oil Refinery In Rivers

Mohammed Shosanya The Nigeria Security and Civil Defence Corps (NSCDC), Antivandal Squad in Rivers State have uncovered an illegal crude oil refining site in Adobi-Akwa settlement, Etche Local Government Area of Rivers

April 13, 2024

News·Nigeria News

Naira To Exchange Below N1,000 Per Dollar In Few Months-Report

Mohammed Shosanya A report by Goldman Sachs economists,says with the appreciation rate of the Naira in the foreign exchange market, the currency may exchange below N1,000 per Dollar in the coming months.

April 13, 2024

News·Nigeria News

Better And Faster Results As Shell Introduces Unmanned Survey In Nigeria

By Precious Okolobo It’s January 14, 2024, and Accession 500, a small Uncrewed Surface Vessel (USV) is riding the waves around Bonny into the history books of survey in the oil industry

April 13, 2024

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April 2024 - Page 10

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