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Dangote refinery’s diesel, jet fuel supplies to disrupt Europe’s oil & gas industry, says OPEC
The Organisation of Petroleum Exporting Countries (OPEC) has said supplies from Nigeria-based world’s largest single-train Dangote Refinery and Petrochemicals will put pressure on the performance of Europe’s oil industry, especially the Northwest Europe (NWE) Gasoil. OPEC in its newly released monthly Oil Market Report for June 2024 listed Dangote Refinery among the top Diesel and jet Fuel suppliers that will…
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Seplat Energy driving energy security in Nigeria
Seplat Energy Plc, said it is rising to the challenge of energy deficit in Nigeria through its new critical projects, which are capable of taking the company’s gas processing capacity to 850 million standard cubic feet per day (MMscfd) consolidating the company’s position as a leading gas supplier to the Nigerian market. The Director New Energy, Seplat Energy, Mr. Okechukwu…
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Okupe backs Tinubu’s speech on economic challenges
Former Director-General of the Labour Party presidential campaign council, Doyin Okupe has voiced his approval of President Bola Tinubu’s recent address on the #EndBadGovernance protest, describing it as a commendable effort. On August 4, President Tinubu acknowledged the grievances of protesters decrying the nation’s economic hardships, assuring them that their voices had been heard “loud and clear.” In his speech,…
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Hunger Protest: Tinubu’s speech didn’t address police brutality against protesters– Soyinka
Nobel laureate, Prof. Wole Soyinka, criticized President Bola Tinubu’s national broadcast on Sunday for failing to address the violent crackdown by security forces on #EndBadGovernance protesters. In his statement, Soyinka expressed concern over the president’s omission of this crucial issue. He said: “I set my alarm clock this morning to ensure I did not miss President Bola Tinubu’s much-anticipated address…
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87 lawyers to bag Senior Advocates of Nigeria in September
The Legal Practitioners’ Privileges Committee (LPPC), has approved the conferment of the rank of Senior Advocate of Nigeria on 87 legal practitioners. A statement signed by the Chief Registrar of the Supreme Court and Secretary of the LPPC, Hajo Sarki Bello, disclosed that the 87 successful applicants will be formally sworn in next month. The successful applicants include former Chairman…
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Police fire teargas at protesters In Abuja
Men of the Nigeria police on Thursday morning shot teargas at protesters in Abuja. Accordiing to report gathered by western post, the police officers in an attempt to disperse protesters, shot teargas at protesters around the federal secretariat in Abuja. The protest against #BadGovernance started in the FCT despite the warnings of Minister Nyesom Wike that he won’t allow protest…
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Lafarge Africa declares 17.3% drop in profit amid N19.9bn FX loss
Lafarge Africa Plc declared N29.35 billion profit after tax in half year ended June 30, 2024, about 17.3 per cent decline from N35.48 billion reported in half year ended June 2023. The decline in profit can be attributable to N19.9 billion foreign exchange loss in the period under review. The cement maker on the Nigerian Exchange Limited (NGX) posted N33.31…
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BREAKING: OYSG postpones JPE, BECE exams over Oro festival
The Oyo State Government has rescheduled the SSS 1 and SSS 2 Joint Promotion Examination (JPE) and Basic Education Certificate Examination (BECE) slated for wednesday 31st, July, 2024. In a viral letter issued by the State’s Ministry of Education, Science and Technology and signed on behalf of the Commissioner by the Registrar Examination, Awodeji J.O, the State Government said the…
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Green economy will create greater prosperity for investors, says Agama
Stakeholders, stakeholders, intermediaries, issuers, investors, and regulators have been enjoined to take advantage of the enormous resources and potential of sustainable finance to build a green climate resilient economy in Nigeria and create greater prosperity for investors and Nigerians. This was stated by Director General of the Securities and Exchange Commission Dr. Emomotimi Agama during a capacity building workshop for…
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NPF clarifies redevelopment of Falomo Barracks, nationwide Police Housing Scheme
The Nigeria Police Force (NPF) has addressed recent misinformation regarding the redevelopment of Falomo Barracks in Lagos State and other police housing schemes nationwide. According to a press release signed by the Force Public Relations Officer, ACP Olumuyiwa Adejobi, there have been misleading claims suggesting the sale of Falomo Barracks land and the deteriorating conditions of police barracks. In response,…
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