Transcorp Group Targets 2,000MW By Year-End
Adaobi Rhema Oguejiofor
The Group Chief Executive Officer (GCEO) of Transcorp Group, Owen Diana Omogiafo, has revealed that the Group is determined to increase the available power capacity to 2,000 megawatts by the end of 2023.!-->!-->!-->!-->!-->…
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Infrastructure Bank Joins FEMADEC to Promote CNG Buses in Nigeria
Adaobi Rhema Oguejiofor
The Infrastructure Bank (TIB) and FEMADEC Group have collaborated in order to promote the use of Compressed Natural Gas (CNG) powered buses across Nigeria.
The collaboration is aimed at producing around!-->!-->!-->!-->!-->!-->!-->…
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We’re Tasked With Providing Alternative To Petrol, Minister Charges Staff
The newly inaugurated Minister of State (Gas), Petroleum Resources, Ekperikpe Ekpo, has charged members of the ministry to see to the actualisation of gas as a sustainable alternative to gasoline.
Ekpo detailed the ministry’s agenda!-->!-->!-->!-->!-->…
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Subsidy Removal: There’s Light At End Of The Tunnel – Remi Tinubu
Nigeria’s First Lady, Remi Tinubu on Tuesday, appealed to Nigerians to be patient over the current hardship following the removal of subsidy from Premium Motor Spirit (PMS), better known as fuel or petrol, saying there is always light!-->!-->!-->…
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Nigerians Could Pay Less for Fuel as Global Crude Prices Tumble
Fuel pump prices in Nigeria could see a reduction if global crude prices keep tumbling.
This week, global crude prices have seen a reduction as the market reacts to weakening economic data out of China.
It has been said that when!-->!-->!-->!-->!-->!-->!-->…
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Nasarawa State to Develop 25MW Energy Plant on HYPADEC Admission
Adaobi Rhema Oguejiofor
The Governor of Nasarawa State, Abdullahi Sule, has said that the admission of the State into the Hydroelectric Power Producing Areas Development Commission (HYPADEC) will facilitate its production of about!-->!-->!-->!-->!-->…
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Fresh Oil Spill Hits Rivers Community
By Moses Patience Chat
Members of Bodo City, a community in Gokana local government area of Rivers State, have discovered a fresh incident of oil spillage, following a leakage from the Trans Niger Pipeline (TNP) operated by a!-->!-->!-->!-->!-->…
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NCDMB to Launch 17 New Companies
Adaobi Rhema Oguejiofor
The Nigerian Content Development and Monitoring Board (NCDMB), in collaboration with the Founder Institute (FI), the world's largest and most proven pre-seed startup accelerator, is set to launch 17 new!-->!-->!-->!-->!-->…
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Diesel pump price skyrockets to N950/litre
The Natural Oil and Gas Suppliers Association of Nigeria (NOGASA) has said that the foreign exchange volatility in Nigeria and the recent implementation of a 7.5 per cent Value Added Tax on Automotive Gas Oil (AGO), popularly called!-->!-->!-->…
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Govt pays $10bn annually to get crude refined – Presidency
"...More refineries would not lead to lower fuel prices in Nigeria"
The Senior Special Assistant to President Bola Tinubu on Public Affairs, Ajuri Ngelale, has said that Nigeria spends about $10 billion a year on foreign exchange!-->!-->!-->!-->!-->…
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