Governor Otu has recorded a major breakthrough in its quest to transform the state into a maritime hub with the official presentation of the Hydrographic, Geotechnical, geophysical Report and New Navigational Chart for the proposed Bakassi Deep Seaport project. Governor Bassey Otu, speaking at a formal ceremony held in the State Executive Council Chamber, described […]Read More
Jul 01, 2025 UK energy regulator, Ofgem, has given the provisional green light to an investment program of $33 billion (£24 billion) to maintain essential gas distribution networks and expand the power grid in a move to boost energy security and allow more renewables to enter the electricity system. A total of $20.7 billion (£15 […]Read More
Jul 01, 2025 Kazakhstan’s crude oil output jumped 7.5% in June to 1.88 million barrels per day (bpd), matching the country’s all-time high set in March, according to figures leaked to Reuters. This puts Kazakhstan well over its official OPEC+ quota of 1.5 million bpd, and continues a pattern of months-long noncompliance that’s frustrating the […]Read More
Minister of Interior, Dr Olubunmi Tunji-Ojo has disclosed that the recently launched electronic visa (e-visa) regime, has achieved significant success, processing over 14,000 applications within its first six weeks. Tunji-Ojo stated this on Monday at a stakeholder sensitization workshop on major immigration innovations held at the Nigeria Immigration Service (NIS) headquarters in Abuja. He further […]Read More
Jun 30, 2025 US power utilities are projected to spend a record $212.1 billion in capital expenditures this year, primarily driven by the need to secure new electricity supply for data centers. Investment in transmission and distribution infrastructure by US investor-owned utilities has nearly doubled in the past decade, reaching over $100 billion in 2025, […]Read More
Jun 30, 2025 Crude oil prices began trading with a loss this week as traders anticipated another OPEC+ supply boost next month at a rate of 411,000 barrels per day, taking the cumulative increase this year to 1.78 million barrels daily, according to preliminary reports. At the time of writing, Brent crude was trading at $67.63 per barrel, […]Read More
The Chairman of the Federal Civil Service Commission (FCSC), Prof. Tunji Olaopa, has given insight into the strategic role of the civil service in the Federal Government’s attainment of its ambitious $1 trillion economy in 2030. Olaopa spoke on Monday during an in-house strategy retreat of the FCSC in Abuja. He noted that his commission […]Read More
The Group Chairman of Nigerian Exchange Group (NGX Group), Alhaji (Dr.) Umaru Kwairanga, has praised the President/Chief Executive, Dangote Group, Aliko Dangote for his substantial contributions to the Nigerian capital market and private sector development. He noted this during a courtesy visit to the Dangote Petroleum Refinery & Petrochemicals and Dangote Fertiliser Limited by capital […]Read More
Genesis Energy Holding a leading Pan-African clean energy infrastructure development and asset management company, and Desert Technologies Industries Factory CJSC , a global leader in smart solar infrastructure headquartered in Saudi Arabia, have formally signed a Strategic Collaboration Agreement during the 27th Africa Energy Forum (AEF 2025)—the continent’s premier platform for energy investment and collaboration. […]Read More
The Nigerian Liquefied Natural Gas, NLNG, on Thursday, commissioned a state-of-the-art modern laboratory complex at Abubakar Tafawa Balewa University Teaching Hospital (ATBUTH), reaffirming its commitment to improving access to quality healthcare across the country. NLNG’s Manager, Corporate Communication and Public Affairs, Mrs. Anne-Marie Palmer-Ikuku disclosed this in a statement made available to newsmen in Port […]Read More
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