Keen on optimising production from the nation’s hydrocarbon assets to boost revenues and meet the nation’s OPEC production quota, the Nigerian National Petroleum Company Limited (NNPC Ltd) and its Joint Venture partner in the Awoba Unit Field, Newcross Exploration and Production Ltd, have restarted production from the Awoba field which last contributed production to the…
…As Governor A.A Sule Visits NASENI to Facilitate Discussions on the Project The National Agency for Science and Engineering Infrastructure (NASENI), is set to collaborate with Nasarawa state government and Bobtrack Tractors, a division of Saint Bob Motors Limited to start the manufacturing and assembling of tractors in the north-central geo-political zone. The facilities and…
It’s been only a while ago since Tunde Onakoya, sitting in the heart of Times Square, New York City, playing the game of Chess with his partner, Shawn Martinez, on a stretch of 60 hours, set a new Guinness World Record for the longest Chess Marathon in history. It was a victory for endurance and…
The Nigerian National Petroleum Company Limited (NNPC Ltd) and its Joint Venture partner in OML 85, First Exploration and Petroleum Development Company Limited (First E&P), have commenced oil production from the asset also known as Madu Field. Production from the field which is located in shallow waters offshore Bayelsa State and operated by First E&P…
In establishing Oyo State University of Technology in 1990, the founding fathers had a clear objective for it not to be just another university. Their desire was for a university that would produce self-reliant graduates who would lead the charge in the technological and industrial development of Nigeria, which was why they made it a…
Every government all over the world subsidizes certain things for the citizenry. From America to Europe, it is either agricultural products or housing and to all other basic things of life. Therefore, this present administration must not make the mistake of thinking every subsidy is an aberration. It is certainly not. There is nothing abnormal…
Three things. One, Access Holdings has just declared a profit after tax of N612 billion, with a 300 per cent increase year-on-year. Two, the return of Aigboje Aig-Imokhuede to Access, not as CEO of Access Bank, which he was until 2013, but this time as Chairman of Access Holdings, the umbrella for the different interests…
It is difficult to guess what was on the mind of the Nigerian Electricity Regulatory Commission (NERC) in deciding at this time on an increase in electricity tariffs specifically targeted, in this instance, at Band A Customers of the Electricity Distribution Companies and opting to be the face of the hike in the tariff, while…
