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Default: Power Group Seeks Market Operators, DisCos’ Increased Engagement

Mohammed Shosanya Power Up Nigeria,a consumer group in the nation’s power sector,has advocated the need for increased engagement between Market Operators and Distribution Companies to resolve issues surrounding the latter’s non-compliance with

April 30, 2023

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Nigeria’s Mini-Bid Round Will Boost Global Energy Sufficiency -FG

Nigeria’s mini-bid round will boost global energy sufficiency in the long run,the federal government has said. This year’s mini bid rounds,which is the first in the last 15 years,is expected to auction

January 16, 2023

Oil&Gas

Terrorism: CBN Orders Banks To Publish Beneficial Owners Of Accounts

By Omobolanle Shosanya The Central Bank of Nigeria (CBN) has directed banks and other financial institutions to disclose beneficial owners of accounts belonging to their customers. The directive was contained in a

January 16, 2023

Banking&Finance·Business

Our Bonny Plant Still Operating, Says NLNG

By Tunde Sholanke Nigeria Liquefied Natural Gas Limited,has confirmed that operations at its plant on Bonny Island is still active despite a Force Majeure declared recently and feedgas supply hitches Andy

January 16, 2023

Oil&Gas

Why We Stopped Acquisition Of Sidian Bank -Access Bank

By Tunde Sholanke Access Bank Plc,says failure to fulfil some requisite conditions was responsible for calling off the proposed acquisition of Sidian Bank. The development ends the bank’s binding agreement with Centum

January 16, 2023

Banking&Finance·Business

House Of Rep:Sarumi Remains Best Choice For Ibadan North-Group

A group, Young Progressives in Oyo State (YPO) says the People’s Democratic Party House of Representatives flag-bearer in Ibadan North, Lanre Sarumi remains the best candidate for the Federal Constituency. The group,

January 14, 2023

Politics

Report: Robots Will Spur Growth In Global Oil, Gas Industry

Advances in modular and customizable robots is expected to result in growing deployment of robotics in the oil and gas industry, says GlobalData, a leading data and analytics company. GlobalData’s thematic report,

January 14, 2023

Oil&Gas

N2.1bn Judgement Debt: Polaris Bank Clears Air On Garnishee Order

Polaris Bank has has faulted reports insinuating that an Ondo High Court ordered the Central Bank of Nigeria (CBN) to freeze its account The report,according to the bank didn’t state the correct

January 14, 2023

Law/Human Rights

NPA Gets 15 Ships Laden With Petroleum Products, Frozen Fish, Wheat

The Nigerian Ports Authority (NPA),says it’s expecting 15 ships conveying petroleum products and other goods at the Lagos ports from January 13 to January 17, 2023. The agency listed the items expected

January 14, 2023

Business·Maritime

Has Controversial Sen. Ishaku Abbo Lost His Ticket?

The name Senator Ishaku Abbo, senator, representing Adamawa north is synonymous with controversies. Abbo, being one of the youngest senators in the Nigerian 9th senate is always at the center of one

January 14, 2023

Opinion

Kaduna Electric Disconnects Sokoto, Zamfara MDAs Over N2.5bn Debt

Kaduna Electric has disconnected power supply to all Ministries, Departments and Agencies (MDAs) and other facilities in Sokoto and Zamfara state on account of N2.5billion debt. The electricity firm said it took

January 14, 2023

Power

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