Transnational Corporation of Nigeria Plc (Transcorp), Nigeria’s leading listed conglomerate, owner of Transcorp Power Limited, one of Nigeria’s largest power producers and the iconic Transcorp Hilton in Abuja, has announced the appointment of Mrs. Foluke K. Abdulrazaq to its Board of Directors, as Vice Chairman, effective Friday, 5th of June […]
The Nigerian National Petroleum Corporation (NNPC) Corporation has deployed online petroleum products procurement solutions and also developed a contacts-tracing software application that would be deployed in all its locations across the country. This is in line with the Transparency, Accountability and Performance Excellence (TAPE) agenda of the present leadership of […]
Nigeria Crude oil reserves now 36.89 billion barrels Nigeria has announced that its proven natural gas reserve is now 203.16 trillion cubic feet (tcf) while crude oil reserve is now 36.89 billion barrels (bb) as at January 1, 2020. Speaking during a media interactive session on Tuesday, Director of Department […]
As part of efforts to help mitigate the spread of coronavirus and fight the COVID-19, the West African Gas Pipeline Company Limited (WAPCo) has donated personal protective equipments (PPEs) and medical supplies that worth N15million to the Lagos State Government. Speaking in Lagos on Monday during the handover of the […]
The Minister of State for Petroleum Resources, HE Chief Timipre Sylva, has launched the National Gas Transportation Network Code on Monday February 10, 2020 on the opening day of the third edition of the Nigerian International Petroleum Summit (NIPS 2020) in Abuja. During the event which was declared open by […]
Federal Government has assured investors, both foreign and indigenous, of investment security and high returns on investments in Nigeria. Delivery his welcome address at the ongoing Nigerian International Petroleum Summit (NIPS) in Abuja on Monday, President Muhammadu Buhari, who was represented by Secretary to the Government of the Federation (SGF), […]
The Nigerian National Petroleum Corporation (NNPC) has said that the daily average natural gas supply to gas-powered plants in November last year increased by 16.53% to 645 mmscfd, equivalent to power generation of 2,178MW. Comparatively, the October 2019 gas supply to power averaged 553 mmscfd to generate 2,050 MW, a […]
A Kenyan athlete, David Barmasai Tumo, emerged winner of the Lagos marathon Saturday morning. The race, which is championed by Access Bank, started in front of the National Stadium, Surulere, and ended at the Eko Atlantic City, Victoria Island, a 42-kilometre stretch. The Third Mainland Bridge, Osborne road, Parkview and […]
Smile Nigeria, West Africa pioneer 4G LTE broadband service provider has commended MainOne and Globacom for helping the company overcome the challenge in a less hurtful manner. This came against the background of the outage and disruption of service occasioned by the recent cut in submarine cable.Ahmad Farroukh, group chief […]
Though Nigeria may have signed the African Continental Free Trade Area (AfCFTA) agreement, it may not enjoy the benefits of the deal if three of the major technical challenges that need serious consideration are not addressed, especially as governments negotiate the terms of their participation in the trade deal. According […]
