30 results
- 5 Jun 2013
Chevron Promises Clean Gas, Says No More Gas Flaring
Chevron Nigeria Limited has promised a ‘zero’ gas flaring operation in the years ahead, as the world marks this year’s World Environment Day (WED), meant to raise global awareness of the need to take…
- 29 Jan 2018
FG Loses Billions of Dollars to Gas Flaring Law Error
Nigeria’s plans to make gas flaring costlier for companies that have escaped the payment of billions of dollars’ despite being fined, Kemi Adeosun, Finance minister said. Bloomberg reported…
- 17 Nov 2009
FG Vows to End Gas Flaring in December
Federal Government has vowed to end all gas flaring in the country by end of this year in its determination to deliver to Nigerians 6,000 megawatts in December, and to reduce green house emission,…
- 26 Aug 2024
AFC Supports Africa’s Largest Methanol Plant, Transforming Flared Gas into Valuable Resources
Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider, is arranging a project development facility to support Africa’s largest gas-to-methanol plant, with the…
- 8 Jul 2014
FireEye Inaugurates Labs Advanced Reverse Engineering Team, Challenge
FireEye, a renowned network security company, announced on Monday the formation of the FireEye Labs Advanced Reverse Engineering Team and Challenge, also known as FLARE FireEye is known for…
- 18 Nov 2021
Angst as Nigeria Abandons old DPR, Seeks Firm to Draft New Document
Tempers are said to be flaring in Nigeria as the federal government has reportedly abandoned a previous DPR text which was concluded in 2020, and is looking to engage a new firm to write up an…
- 1 Jul 2022
PIN Lock is an Integral Aspect in Prevention of SIM Swap Fraud - Effiong
Martin Effiong, Operator Partnership Manager for Infobip in Anglophone West Africa, is a seasoned IT Professional, driven to achieve excellence with a flare for VAS, SaaS and CPaaS Product design,…
- 5 Dec 2015
#Electricity: Leveraging Gas to Power Nigeria
In order for any country to experience sustainable growth, there is an underlying need for consistent, affordable, and environmentally-friendly energy. Electricity plays a fundamental role in the…
- 21 Jan 2020
DEMS Volunteers’ Applaud Ongoing Reforms in Oil and Gas Sector by Minister
The Digital Economy Media Support Volunteers, DEMS Volunteers, has commended the ongoing digital oil & gas reforms being championed by Chief Timipre Sylva, Minister of State for Petroleum…
- 20 Mar 2015
Nigeria Loses $33m Daily to Oil Thieves
Wale Tinubu, chairman of Oando Energy Resources, has said that Nigeria may be losing about $33 million daily to theft as the activities of oil thieves have risen from 400,000 barrels per day, bpd to…
- 16 Sept 2018
BOI, Export-Import Bank of China Sign MoU on $500m Financing Support
The Bank of Industry (BOI), Nigeria’s leading Development Finance Institution (DFI), and the Export-Import Bank of China (CEXIM) have signed a Memorandum of Understanding (MoU) on a $500 million…
- 23 Apr 2013
Nembe Drags Shell to UN, Demands N1Bn
The paramount ruler and elders of Nembe Kingdom in Bayelsa, have petitioned the UN over alleged destructive oil exploration activities by the international oil majors, Shell and the Nigerian Agip Oil…
- 16 Oct 2018
Dr Ernest Obiejesi Calls for Bolder Initiatives to Boost the Domestic Gas Supply Market
Dr Ernest Obiejesi, Group Managing Director, Nestoil Limited, has said that the Power sector holds the key to stimulating growth in the domestic market. Dr Obiejesi was speaking at the 4th…
- 1 Feb 2013
NNPC Cornered $5Bn in 3 Years-NEITI
Nigerian National Petroleum Corporation (NNPC) has been indicted over failure to remit $4.84 billion from the Nigerian Liquefied Natural Gas (NLNG) to the Federation Account in line with statutory…
- 22 Aug 2018
FG May Adopt Methanol Fuel Technology – Minister
Federal Government is considering the utilization of methanol fuel technology to generate electricity and expand the chemical industry, according to Dr. Ogbonnaya Onu, minister of Science and…
- 4 Aug 2008
Mobil Flags Off $1.3Bn Gas Project
Mobil Producing Nigeria Unlimited (MPN), operator of the NNPC/MPN Joint Venture, has commenced a $1.3-billion project in its East area to provide gas feeds for recovery and production of additional…
- 10 Nov 2017
Nuclear Programme to Give Impetus to Nigerian Economy
Today, unfortunately, Nigeria’s economic potential is constrained by many structural issues including; inadequate infrastructure, foreign investment obstacles and economic flexibility. In 2015-2016…
- 7 Sept 2009
Reps Knocks Obasanjo’s ‘Oil Policy, Commends YarÁdua
House of Representatives has described President Olusegun Obasanjo administration’s ‘oil for infrastructure policy’ as ruse, stating that there were no infrastructural…
- 8 Jul 2013
EU Pledges Euros 27 for Nigeria’s Renewable Energy
The European Commission has announced €27 million of financial support to help improve the renewable energy policy in Nigeria. Currently, a large part of the Nigerian population lacks access to…
- 31 Aug 2017
4 Great Apps for Taking Pictures
You can get more out of your smartphone camera with these awesome photo apps that help enhance and give improvements to your simple everyday camera shots. Jumia Travel, the leading online…
- 8 Dec 2017
Fitch cuts Nigeria's 2017 GDP Growth Forecast to 1%
Fitch has cut its 2017 economic growth forecast for Nigeria to 1 percent from 1.5 percent, the ratings agency said on Friday. Nigeria returned to growth in the second quarter of 2017 after shrinking…
- 26 Jun 2026
MTN Chairman Blasts Xenophobia, Says South Africa Is Nothing Without Africa
Mcebisi Jonas, MTN Group Chairma,n has used the funeral service of Zimbabwean-born activist and public servant Thokozani Damasane to mount a sweeping attack on xenophobia, ethnic politics and state…
- 29 Jan 2019
FG May Lose $9Bn to UK Firm over Alleged Contract Breach
Nigeria is on the verge of losing over $9 billion owing to a ruling by a UK Arbitration Tribunal which found the federal government culpable of breaching an agreement it signed with a gas recycling…
- 17 Jul 2019
Oil: Will a sturdier floor make for a higher bounce?
By Han Tan, Market Analyst at FXTM, In the third quarter, WTI crude is set to form a solid base to launch another attempt at the $65/bbl mark, providing the global demand outlook doesn’t deteriorate…
- 8 Sept 2019
MainOne, CcHub, Others Partner for 2019 PitchDrive Asia Tour Stories
The second edition of Co-Creation Hub’s PitchDrive tech tour is currently underway. Ten selected startups utilising hardware and deep technology tools in their businesses are travelling through five…
- 7 Oct 2019
Oil Prices Slip as Global Economic Outlook Darken
By Lukman Otunuga, Senior Research Analyst, FXTM The taps on oil prices are set to leak in the week ahead due to growing evidence of a global slowdown and rising fears of falling demand for Crude…
- 6 Feb 2012
Brighter Side of Mayan Year
Along with predicting the end of the world in 2012, the ancient Mayan calendar could have helped mankind if it threw in a few forecasts about the economy this year to encourage profligacy or…
- 31 May 2020
FG Hopes Methanol will Improve Economy
Dr. Ogbonnaya Onu, minister of Science and Technology, has said that the use of methanol will help improve the economy and provide jobs amidst COVID 19 and after. Dr. Ogbonnaya Onu, minister of…
- 23 Jul 2020
Twitter Mulls Subscription Options as Ad Revenue Drops Sharply
Twitter is actively exploring additional ways to make money from its users, including by considering a subscription model, CEO Jack Dorsey said Thursday. The move comes as Twitter suffers a sharp…
- 22 Oct 2020
NAOSRE Condemns Shooting of Unarmed Protesters at Lekki, Calls for Dialogue
The National Association of Online Security Reporters, NAOSRE, has lent its voice to the global outcry over the unwarranted killings of innocent #End SARS protesters at the Lekki Tollgate in Lagos on…