Business Hilights

Tracking Nigeria's Headline Business News Online

Energy

Bridging Energy Access Gap Key to Nigeria’s Economic Growth—NNPCL

The Nigerian National Petroleum Company Limited (NNPC Ltd) has emphasized the critical importance of bridging the energy access gap to the creation of economic prosperity of the country. The Group Chief Executive Officer of NNPC Ltd, Mr. Mele Kyari, made…

March 28, 1924: TotalEnergies clocks 100 years in energy business

Yesterday, March 28, 2024, TotalEnergies’ 100,000 employees in 120 countries worldwide celebrated the 100th anniversary of the Company’s creation. TotalEnergies’ 100-year history tells the story of the world and energy, from the 1920s to the present day. A bold and…

NNPC Retail Limited Denies Price Adjustment Rumours

The NNPC Limited wishes to clarify rumours suggesting a price adjustment for Premium Motor Spirit (PMS) and Automotive Gas Oil (Diesel) at its retail stations nationwide. The company asserts that these reports are false and urges Nigerians to disregard them…

TotalEnergies, SINOPEC to produce sustainable jet fuel

TotalEnergies and China Petroleum and Chemical Corporation (“SINOPEC”) have signed a Heads of Agreement (HoA) to jointly develop a Sustainable Aviation Fuel (SAF) production unit at a SINOPEC’s refinery in China. The planned unit, jointly owned by SINOPEC and TotalEnergies,…

3 Factors Drive NNPC Ltd Transformation —EVP Gas, Power & New Energy

The Executive Vice President, Gas, Power and New Energy, Nigerian National Petroleum Company Ltd, Mr. Olalekan Ogunleye has identified transparency, accountability, research, technology and innovation as key drivers of the ongoing transformation in the company. Ogunleye disclosed this while speaking…

TotalEnergies strengthens social protection base for workers worldwide

Care Together by TotalEnergies, a worldwide program, reflects TotalEnergies’ commitment to social responsibility towards its employees. In addition to commitments specific to each affiliate, TotalEnergies guarantees compliance with high social standards for all its employees worldwide, regardless of the legislation…

NDDC to Hand Over Ondo Power Project to TCN

The Governing Board of the Niger Delta Development Commission (NDDC), has announced the completion and imminent inauguration of the 132/33kv electricity sub-station at Ode-Erinje in Okitipupa Local Government Area of Ondo State. This significant accomplishment also heralds the planned handover…

Gas to Trigger Nigeria’s Industrialisation, Economic Devt. —EVP Upstream, Eyesan

The Nigerian National Petroleum Company (NNPC) Ltd has reiterated its commitment towards utilizing Nigeria’s abundant gas resources to trigger Nigeria’s industrialisation and economic development. NNPC Ltd’s Executive Vice President, Upstream, Mrs. Oritsemeyiwa Eyesan disclosed this during a Panel Session at…

Gas to Trigger Nigeria’s Industrialisation, Economic Devt. —EVP Upstream, Eyesan

The Nigerian National Petroleum Company (NNPC) Ltd has reiterated its commitment towards utilizing Nigeria’s abundant gas resources to trigger Nigeria’s industrialisation and economic development. NNPC Ltd’s Executive Vice President, Upstream, Mrs. Oritsemeyiwa Eyesan disclosed this during a Panel Session at…

TotalEnergies 2024 Progress Report ready for Shareholders

TotalEnergies publishes its Sustainability & Climate – 2024 Progress Report, as pledged by the Board of Directors since 2020. This report gives an account of the implementation the Company’s strategy and the progress made in 2023 with regard to the…