July 2024

NEITI Advocates Greater Women Inclusion In Mining

The executive secretary of the Nigeria Extractive Industries Transparency Initiative (NEITI) Dr Orji Ogbonnaya Orji, has canvassed for greater inclusion of women in the minerals and mining value chain.The NEITI chief executive made this call during his opening remarks at the two-day Multi-Stakeholders Roundtable with the theme, “‘Enhancing Inclusiveness – An Imperative for Promoting Transparency, …

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NUPENG, PENGASSAN Urge Tinubu To Probe Alleged Sabotage Of Dangote Refinery 

The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) and Petroleum and Natural and Senior Staff Association (PENGASSAN) have jointly demanded an investigation into the alleged sabotage by the International Oil Companies (IOCs) to undermine and destabilise the operations of Dangote Refinery and Petrochemicals Company. The two associations made the call in Lagos via …

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Federal Gov’t, Oil Producers Agree On Sustainable Crude Supply To Local Refineries

The Federal Government and producers in Nigeria have agreed to work towards a sustainable supply of crude oil to local refineries under a market-determined pricing system. LEADERSHIP understands that the aim is to ensure that while the operators do business optimally, the refineries are not starved of feedstock. The producers, under the umbrella of the …

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Naira Depreciation; New Capital Base Not Enough – Soludo

Former governor of the Central Bank of Nigeria and governor of Anambra State Professor Chukwuma Soludo has commended the recapitalization move of the banking industry even as he said with the depreciation of the naira, the new capital base which takes effect in 2026 is not enough. This is as he, alongside the governors of Lagos, Ogun and Kwara …

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World Finance 2024 Awards: Zenith Retains Best Commercial Bank For 4th Time

Zenith Bank Plc has emerged as the Best Commercial Bank, Nigeria in the World Finance Banking Awards 2024, retaining the award for a fourth consecutive year. Disclosing this in a statement yesterday, the bank also said it was named as Best Corporate Governance, Nigeria for the third year running in the World Finance Corporate Governance …

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Logistics Challenges, Flooding Cause Of Fuel Queues — NNPC

The Nigerian National Petroleum Company Limited (NNPCL) has said that the current fuel queues seen in the Federal Capital Territory (FCT) and some parts of the country, were as a result of disruption of ship-to-ship transfer of Premium Motor Spirit (PMS), also known as petrol, between Mother Vessels and Daughter Vessels resulting from recent thunderstorm. …

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Dangote Refinery Reassures Petrol Production Will Start In July  

Vice President of Oil and Gas at Dangote Industries Limited, Devakumar Edwin, has reassured of the commencement of production of Premium Motor Spirit (PMS) also known as petrol by the Dangote Oil Refinery and Petrochemicals company in the month of July. Edwin gave the assurance during an onsite visit to the Dangote Refinery at Ibeju-Lekki, Lagos, by …

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WMO-NiMet Regional Training Centre Set For ND Programmes

The National Board for Technical Education (NBTE) will undertake an inspection visit of the facilities at the Regional Training Centre (RTC), of the Nigerian Meteorological Agency (NiMet), at Oshodi-Lagos with a view to giving it accreditation for National Diploma (ND), programme. This followed an application for accreditation of National Diploma courses offered at the Centre …

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Metering, Measurement Conference Seeks Solutions To Nigeria’s Oil, Gas Production Losses

The Nigeria Hydrocarbon Measurement Conference (NiHMEC) is set to bring together industry stakeholders to address the critical issue of hydrocarbon measurement and accounting in Nigeria’s oil and gas sector. Accurate metering and measurement of oil and gas production have been identified as critical to maximising revenue generation in Nigeria’s oil and gas industry. Recall that …

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