Siemens, Ghana seal €250m nation’s electricity grid upgrade deal
Less than four months after the Nigerian government sealed multipurpose national power development scheme with Siemens, the government of Ghana earlier in the week sealed similar understanding with the same german group to upgrade national grid. This is Nigeria suffered…
Ghana flags off e-Cargo Tracking System for petroleum products
As part of taming smuggling of petroleum products in the petroleum downstream sector, Ghanaian Vice President, Dr Mahamudu Bawumia Thursday, launched the Electronic Cargo Tracking System (ECTS) and Command Control Centre for the Bulk Road Vehicle (BRV). Business Hilights Ghana…
End killings, kidnapping, insurgency to save Nigeria from collapse—Labour
Rising from its National Executive Council meeting during the week, the Trade Union Congress (TUC) and the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), have cried out to the Federal Government to urgently address the cases of…
Nnamdi Obiagwu, now Eterna Plc’s COO
Eterna Plc has via a statement released to the Nigerian Stock Exchange (NSE), appointed Nnamdi Obiagwu as Chief Operating Officer (COO) effective 10th January 2020. Obiagwu is a graduate of Mechanical Engineering from the Federal University of Technology, Owerri. He…
PwC opens up on how NNPC underdeveloped Nigeria, raised poverty level
…Says realistic economic diversification should start form NNPC Until the Federal Government reverse to begin its economic diversification campaign from the oil and gas sector and the Nigerian National Petroleum Corporation (NNPC), self deceit remains the best explanation for whatever…
Nigerian Adeoye replaces Ayuk as MD of Africa’s leading Energy Law Group
Nigerian-born oil and gas law icon, Zion Adeoye has been named Managing Director of Centurion Law Group (www.CenturionLG.com). Adeoye, who will be based at our Johannesburg headquarters and takes up post with immediate effect, holds an LLB from the University…
Expect electricity tariff hike after criminalisation of estimated billing—NASS
The National Assembly (NASS) weekend introduced fresh angle to the rattling of Nigerians by reactions and counter-reactions of Discos and the Nigerian Electricity Regulatory Commission (NERC) over imminent increase in electricity tariff. The Speaker of the Federal House of Representatives,…
Gas development strides by E’Guinea may overshadow other emerging gas powers
A review of several gas development programmes and investment strides made by Equatorial Guinea throughout 2019 till recently are becoming so intimidating when moves made by other African economies are put on the same table. This was the position of…
S&P Global Platts foresees drop in IOCs stakes over 2019 PSC Act
Endless negative reverberations have continued to trail the passage and assenting into law the Deep Offshore and Inland Basin Production Sharing Contract (PSC) Amendment Bill into law President Muhammadu Buhari in early November 2019. PSC is a term used in…
Attention DPR: New scam by digital fuel dispensers’ exposed in Nigeria
For many car owners who will relax on their car seat and answer a fuel attendant the question of ‘How much Sir?’ and be carried away without monitoring the discharge and running of the meter, a victim has opened up…
