NNPC/CNL Joint Venture secures $1.4bn for infill drilling scheme
Leading exploration giant, Chevron Nigeria Limited (CNL), operator of the joint venture between the Nigerian National Petroleum Corporation (NNPC) and CNL (NNPC/CNL JV) confirms that $1.4 Billion financing has been secured to fund the NNPC/CNL JV infill drilling program (Project)…
NNPC/Chevron JV secures $1.4bn funding for Kolmani field Exploration
Less than two weeks after the recent presidential flag off of the Kolmani drilling, the Nigerian National Petroleum Company Limited (NNPC) has sealed a $1.4 billion external project finance agreement jointly arranged by Standard Chartered Bank UK and the United…
NCC raises Judiciary’s Interest in ICT trends
The Nigerian Communications Commission (NCC) is seeking the nation’s judiciary to be part of Information Communications Technology (ICT) trends, whose impact has now affected ways that justice is delivered across the world. The leadership of the Commission made the call…
Just in: Meet Ecobank’s new DMD, Carol Oyedeji
The Board of Ecobank Nigeria has announced the appointment of Carol Oyedeji as a Deputy Managing Director of the local unit of Ecobank Group. The appointment of Oyedeji, has since been approved by the Central Bank of Nigeria (CBN). She…
NNPCL, NLNG, Chevron, Others line up for 11th PNC Forum by NCDMB
All is set for the takeoff of the 11th Practical Nigerian Content (PNC) Forum powered by the Nigerian Content Development & Monitoring Board (NCDMB) from December 5-8, 2022 in Uyo, Akwa Ibom State. Business Hilights recalls that it is noteworthy…
FG claims Nigeria Ready to Reap from AfCFTA Benefits
President Muhammadu Buhari has expressed Nigeria’s readiness to partner with African economic zones to benefit from the African Continental Free Trade Area (AfCFTA) agreement. Buhari gave the indication in Abuja, at the fifth African Union Symposium on Special Economic Zones…
Fears as Abuja–Kaduna Train services to resume Monday, December 5, 2022
The Managing Director, Nigeria Railway Corporation (NRC), Mr Fidet Okhiria, has averred that all was set for resumption of the services on Monday, December 5, 2022. Okhiria, however, advised passengers wishing to utilise the service to commence updating of their…
Glo draws winner of Festival of Joy promo house in Abuja
Another draw for a 3-bedroom apartment in the ongoing Glo Festival of Joy was done in Abuja on Thursday, October 30. The winner is expected to be presented the keys to the new apartment in Abuja on Friday, December 2….
AI Takes Over Qatar World Cup As Balls Are Charged Before Every Game
Qatar 2022 World Cup fiesta currently going on will go down in history as a digital tournament. The World Cup balls are charged before every game. The balls used at the World Cup in Qatar have a high-tech sensor which…
Covid-19 Recovery Efforts Trigger New Energy Access Policies—World Bank
Two years of Covid 19 pandemic have highlighted the vulnerability and isolation of populations without electricity and have prompted countries to increase their focus on energy access and affordability, finds a new World Bank report on energy policies and regulations….
