The Nigerian National Petroleum Corporation (NNPC) has, for the umpteenth time, pledged its commitment to bringing down the unit cost of oil production in the country to $10 per barrel, so as to remain competitive in the Industry and deliver value to all Nigerians. A statement from the Group General […]
Recent Posts
Insecurity: Buhari Charges Governors To Work With Traditional Rulers For Local Intelligence
President Muhammadu Buhari Tuesday in Abuja ended a meeting with 36 state governors on the issue of security with a charge to them to work more with traditional rulers and community members to improve local intelligence gathering that will aid the work of security agencies. The President, who listened to […]
NLNG wins World LNG award for outstanding contribution in 2020
Nigeria LNG Limited (NLNG) has won the most outstanding contribution in the industry award as a joint winner at the ongoing 2020 World LNG Virtual Summit and Award. NLNG emerged the winner alongside Kpler in a nomination group comprising British Petroleum (B.P.), Chart Industries, Natural Gas Company (DEFA), Qatar Petroleum […]
FBN Holdings Group Win Big at the 2020 Great Place to Work Awards
FBN Holdings Group has won big at the 2020 Great Place To Work Award ceremony held last week Friday in Lagos. The Holding Company along with its subsidiary companies; First Bank of Nigeria Ltd, FBNQuest Merchant Bank and FBNQuest Capital won various awards at the prestigious event FBN Holdings Plc […]
COVID-19: FIRSTBANK LAUNCHES NEXT-GENERATION ATM
…SPEARHEADS INNOVATION IN ELECTRONIC BANKING IN NIGERIA In the light of COVID-19, FirstBank has launched the FastTrack ATM, a Next Generation ATM and first of its kind in Africa, designed to promote financial activities on the ATM devoid of any form of physical interaction with the machine. The introduction of […]
House of Reps Hails NNPC’s Strides in Transparency
…As Kyari Defends NNPC 2021 Budget at NASS The House of Representatives Joint Committees on Petroleum (Upstream, Downstream and Gas) have applauded the Nigerian National Petroleum Corporation (NNPC) for breaking new grounds in its commitment to transparency and accountability. Chairman of the Joint Committees, Hon. Musa Sarki Adar, gave the […]
EndSARS Protests: Okorocha Salutes Sanwo-Olu’s Leadership, Courage
…Ex-Imo Governor Condoles With Lagos Over Destruction Lagos State Governor Babajide Sanwo-Olu deserves to clinch the honour, says the lawmaker representing Imo West District in the Senate, Sen. Rochas Okorocha. The two-term Imo State Governor said Sanwo-Olu has displayed uncommon courage in attending to emergency situations occasioned by the twin […]
President Buhari Commissions Eko Disco’s SCADA-DMS Centre
By Olatunde Dodondawa, Lagos President Muhammadu Buhari has commissioned the multi-million naira Supervisory Control and Data Acquisition – Distribution Management System (SCADA-DMS) at the headquarters of Eko Electricity Distribution Company (EKEDC), Marina, Lagos. The President also commended the management of the company for its leadership role in power sector. […]
MODULAR REFINERIES WILL MAKE PETROLEUM PRODUCTS AVAILABLE, ELIMINATE IMPORTATION – PRESIDENT BUHARI
President Muhammadu Buhari Tuesday said the establishment of modular refineries in the country will make petroleum products available in the country and eliminate importation. The President spoke at the virtual inauguration of the 5,000 barrels per day Waltersmith modular refinery in Ibigwe, Imo State, as well as the Ground-Breaking Ceremony […]
Techno Oil Unveils Automated LPG Terminal In Nigeria
…As Nigeria’s LPG Storage Capacity Hits 69,900mt In the latest development, Nigeria’s total storage capacity for liquefied petroleum gas (LPG), has increased to 69,900 MT, as Techno Oil Limited unveiled its new automated LPG terminal at Kirikiri in Apapa, Lagos recently. Prior to Techno Oil’s addition of its 8,400 MT […]