Momas faults NERC’s directive on rollout of new meters from May 1
-By Yange Ikyaa
Momas Electricity Meter Manufacturing Company Limited has said that the directive by the Nigerian Electricity Regulatory Commission (NERC) to meter manufacturers to begin the roll out of new meters by May 1 is not!-->!-->!-->…
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FG, Islamic Bank seal N185m funding pact for textile industry, Hajj commission
The Federal Government has sealed a $523,823 (N185.95m) technical assistant financing pact with the Islamic Development Bank for Nigeria’s textile industry and the funding of the National Hajj Commission.
The agreement was confirmed on!-->!-->!-->…
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Concerns mount as 211 Nigerian oil blocks remain idle
Out of 390 oil blocks in the country, 211 are yet to be allocated by the Federal Government, latest data obtained from the Department of Petroleum Resources have shown.
With many other countries extending efforts to ramp up their oil!-->!-->!-->…
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JFSE completes Forcados project offshore Nigeria
Global controlled flow excavation (CFE) specialist James Fisher Subsea Excavation (JFSE), part of the James Fisher & Sons PLC group, has completed its first project in Nigeria and established a base in the country.
Tools will be!-->!-->!-->…
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NNPC, 2019 Budget And Baru’s Optimism
It was not the first time the Group Managing Director of the Nigeria National Petroleum Corporation, NNPC, had been upbeat about developments in the country’s oil sector in the last three years.
But when he told senators recently that!-->!-->!-->…
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PANIC In Osogbo As Foreigner Stabs Nigerian Accountant
A Turkish national, Yalcin Oktem has allegedly stabbed one Oluwaseun Ojo, the Accountant of an Osogbo-based Slavabogu Construction Company, managed by the Turks, for not writing the prefix ‘Mr’ in front of his name on the voucher presented!-->…
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Shell Emerges Nigeria’s Most Impactful Local Content Company
Shell Companies in Nigeria have emerged the International Oil Company with the most impactful Local Content Initiatives in the upstream category at the 2019 edition of the Nigerian Oil and Gas Opportunity Fair (NOGOF) held recently in!-->…
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‘Dangote Refinery will Transform Nigeria’s Economy’
Africa’s richest man and President of Dangote Group, Alhaji Aliko Dangote, has said his refinery, one of the world largest, when completed, will transform Nigeria’s economy.
He stated this at the weekend at Dangote Group Special Day at!-->!-->!-->…
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Squeezed by US shale, Nigerian oil propped up by Asian demand
* Nigeria’s top oil grades near five-year highs - trade
* In Europe, buyers drive hard bargain for Nigerian oil
The rising tide of light U.S. shale oil has largely swept away comparable grades of Nigerian oil from American shores and!-->!-->!-->!-->!-->…
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Modular Refineries Won’t Make Petroleum Products Available Everywhere – Minister
Dr. Ibe Kachukwu, the Minister of State for Petroleum Resources, said the establishment of modular refineries might not resolve the problem of scarcity of petroleum products in Nigeria.
Kachukwu said that the Federal Government actually!-->!-->!-->…
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