Business Hilights

Tracking Nigeria's Headline Business News Online

Energy

Omatsola Ogbe Assumes Office As NCDMB Boss, Targets High Performance

The newly appointed Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe has assumed office and held his first official meeting with the Directors and management of the Board. Ogbe was appointed on Thursday…

Crude Oil Production, Price Benchmark for 2024 Budget Realistic—NNPC

… Pledges to Maintain Level of Dividends Projected in MTEF The Nigerian National Petroleum Company Ltd. (NNPC Ltd.) has assured that the projections on crude oil production and price benchmark for the 2024 Budget were realistic and realizable. The Group…

WEF at COP28: 12 High-Impact Business Partnerships for Climate and Nature

World leaders joined the World Economic Forum on a global stocktake to measure progress on climate action and reinvigorate accelerated international responses to industry decarbonization and net zero, energy transition, food, nature and innovative finance. The Forum released the 2023…

TotalEnergies Acquires 3 Start-ups in the Electricity Business

To contribute to the acceleration of its development in the electricity business, TotalEnergies acquires three start-ups that have benefited from its TotalEnergies On acceleration program based at STATION F in Paris. The success of the collaborations and tests carried out…

Sargas Energy Now Sales Under-Ground Cooking Gas tanks

Leading cooking gas accessories dealers in Nigeria, Sargas Energy has begun importation of Underground tanks due to arrive on the 25th of January 2024 from Turkey. Price: N14million Why use Underground Tanks??? Underground LPG tanks are not exposed to the…

NNPC, Partners to Reduce Methane Emissions-Eyesan, EVP Upstream

NNPC Limited has expressed its commitment to work with global partners in the march towards reducing methane emissions in oil and gas operations. On the sidelines of the ongoing United Nations Climate Change Conference, also known as COP28, taking place…

NNPC Ltd Seals LNG Deals for Domestic, International Markets

In its efforts to further boost natural gas utilization in the country and enhance Nigeria’s gas revenue NNPC Ltd has signed two major agreements to deliver LNG to the domestic gas market and the international LNG market. During two separate…

COP 28: Kyari Makes Case for Just Energy Transition for Africa

As conversations on finding sustainable solutions for a decarbonized energy future continue to hold globally, the Group Chief Executive Officer (GCEO), NNPC Ltd., Mr. Mele Kyari has said the African Continent needs “a just, differentiated transition” to enable it to…

Commission, EIB, Breakthrough Energy Catalyst partner on climate technologies

Friday at the COP28 in Dubai, Commission President Ursula von der Leyen, Founder of Breakthrough Energy Bill Gates, and European Investment Bank President Werner Hoyer announced the first two European projects to be supported by the EU–Catalyst partnership: Ørsted’s FlagshipONE…

Stop congratulating me on my reappointment—NNPCL Boss

The Group Chief Executive Officer (GCEO) of Nigerian National Petroleum Company (NNPC) Limited, Malam Mele Kyari, expresses gratitude to Stakeholders and Nigerians for their enthusiasm regarding his reappointment by the President and Commander-in-Chief of the Federal Republic of Nigeria, Asiwaju…