Category: Newsline
NCC Approves Request by Telecoms Operators for Increase in Tariffs
The Nigerian Communications Commission (NCC), pursuant to its power under Section 108 of the Nigerian Communications Act, 2003 (NCA) to regulate and approve tariff rates and charges by telecommunications operators, will be granting approval for tariff adjustment requests by Network Operators in response to prevailing market conditions. The adjustment, capped at a maximum of 50…
NNPCL Sympathises with Victims of Tanker Explosion
The Nigerian National Petroleum Company Limited (NNPC Ltd.) extends its heartfelt condolences to the victims of the tragic petrol tanker explosion that occurred at Dikko-Maje Junction along the Abuja-Kaduna Road in Suleja Local Government Area of Niger State on Saturday. This devastating incident claimed the lives of several individuals who were attempting to scoop fuel…
Doyin Okupe Apologises to Mele Kyari
Dr Doyin Okupe, who served as Spokesman for former President Olusegun Obasanjo and Goodluck Jonathan has apologised to the Group CEO of the Nigerian National Petroleum Corporation Limited (NNPCL), Mr. Mele Kyari, for his dismissal of his leadership and skepticism of the ability of the NNPCL to deliver on its promises. A public statement issued…
Warri Refinery reopens, President Tinubu Expresses Joy, Congratulates Kyari
The 125, 000 barrels per day Warri Refining & Petrochemicals Company (WRPC) in Warri, Delta State has begun operation. Leading some stakeholders and newsmen on a tour of the plant, NNPCL Group CEO, Mele Kyari, expressed delight at the level of work done that has culminated in the recommencement of operations in the refinery. In…
Port-Harcourt Refinery Fully Operational, NNPCL affirms
The attention of the Nigerian National Petroleum Company Limited (NNPC Ltd) has been drawn to reports in a section of the media alleging that the Old Port Harcourt Refinery which was re-streamed two months ago has been shut down. We wish to clarify that such reports are totally false as the refinery is fully operational…
Afreximbank hosts factoring workshop to support SME-led economic transformation
Attendees of the Factoring workshop in Egypt pose for a group photo. In pursuit of the growth and transformation of Small and Medium Enterprises (SME) across Africa, African Export-Import Bank (Afreximbank), in partnership with FCI, the largest global network of factoring companies, and the Egyptian Factoring Federation (EFF), recently played host to a two-day Workshop…
NCC hosts Stakeholders Forum on A2P Messaging Licensing Framework
The Nigerian Communications Commission (NCC) today hosted a virtual Stakeholders Forum as part of its participatory rulemaking process to discuss the licensing framework for a new licence category in the Nigerian telecom sector, the Application-to-Person (A2P) Messaging Licensing Framework, which the Commission is developing. In a speech by the Executive Vice Chairman/CEO, Dr. Aminu Maida,…
AfDB Announces Plan to Build a State-of-the-Art Headquarters in Abidjan
The African Development Bank Group’s Boards of Directors have approved yesterday the proposal by the Bank’s Management to construct a modern, state-of-the-art building to host its headquarters in Côte d’Ivoire’s commercial capital, Abidjan. The executive directors unanimously approved the proposal, stating it was important for the Bank to maintain its strong presence in Abidjan and…
Afreximbank and Egyptian Exporters Association empower 150 African SMEs
One hundred and fifty small and medium-sized enterprises (SMEs) from 10 African countries are set to become Africa’s latest businesses positioned for the global export market with participation in the Export Readiness Programme (RERP) implemented by African Export-Import Bank (Afreximbank) and the Egyptian Exporters Association (Expolink) in Cairo, Egypt. Designed to equip the SMEs with…
Shell Nigeria Announces FID on Bonga North
Shell Nigeria Exploration and Production Company Limited (SNEPCo), a subsidiary of Shell plc, has announced a final investment decision (FID) on Bonga North, a deep-water project off the coast of Nigeria. Bonga North will be a subsea tie-back to the Shell-operated Bonga Floating Production Storage and Offloading (FPSO) facility which Shell operates with a 55%…