African Export-Import Bank (Afreximbank) (www.Afreximbank.com) and the Midstream and Downstream Gas Infrastructure Fund (MDGIF) have signed a landmark memorandum of understanding (MoU) to establish a collaborative framework aimed at promoting, developing and improving gas infrastructure in Nigeria. It was signed on the sidelines of the just ended fourth Intra-African Trade Fair (IATF2025) by Mrs Helen…
Good day, distinguished guests, esteemed members of the Association of Telecommunication Companies of Nigeria (ATCON), industry leaders, government representatives, and valued stakeholders. It is a privilege to stand before you at the 2nd edition of ATCON’s Strategic Stakeholders Meeting, a platform that exemplifies collaboration and innovation in Nigeria’s telecommunications sector. I extend my sincere gratitude…
African Export-Import Bank (Afreximbank) has acted as global coordinator and joint mandated lead arranger for a senior secured term loan facility amounting to US$1.6 billion, in favour of Staatsolie Maatschappij Suriname N.V. (Staatsolie), Suriname’s state-owned energy company, in a major boost to the country’s GranMorgu upstream offshore oil project. Afreximbank, Banco Latinoamericano de Comercio Exterior,…
NCC, Stakeholders Tackle Rural Connectivity Challenges The Nigerian Communications Commission (NCC) has collaborated with the Association for Progressive Communications and other institutional stakeholders towards addressing challenges confronting rural network conNCC, Stakeholders Tackle Rural Connectivity Challenges The Nigerian Communications Commission (NCC) has collaborated with the Association for Progressive Communications and other institutional stakeholders towards addressing challenges…
NNPC Limited has affirmed its commitment to supplying crude oil for local refining based on mutually agreed terms and conditions. NNPC Limited debunked recent reports circulating on social media regarding the alleged unilateral termination of the crude oil sales agreement in Naira between NNPC and Dangote Refinery. In a statement by Olufemi Soneye, Chief Corporate…
The Group Chief Executive Officer of NNPC Ltd, Mele Kyari has said that the world recognizes Africa as the next destination of providing greater support to the global energy market, recognizing Nigeria’s position as the largest producer of oil and gas in the continent. Kyari disclosed this while delivering an address on the theme “Africa’s…
NNPC Shipping, Stena Bulk, Caverton Launch New Joint Venture … Partnership To Boost Nigeria, Africa’s Energy, Maritime Sectors The Nigerian National Petroleum Company (NNPC) Shipping, Stena Bulk, and Caverton Marine Limited have today announced the signing of a new joint venture that will transform Nigerian maritime transportation. The agreement, signed in London last week, aims to create a new tanker operation serving Nigeria and West Africa’s crude oil, refined product and…
The Federal Ministry of Works (FMoW) and the Federal Ministry of Communications, Innovation, and Digital Economy (FMoCIDE) have established a Joint Standing Committee on the Protection of Fiber Optic Cables to address the persistent issue of fiber optic cuts and damages caused by road construction and rehabilitation activities. These disruptions have had a significant negative…
…Talks on Fuel Quality Just Drama, Bad Marketing Antics,  …Insists NNPC Ltd Didn’t Import Products This Year  …Says Importation a Standard Industry Practice Worldwide The Group Chief Executive Officer of NNPC Ltd, Mr. Mele Kyari has flayed talks about the existence of sub-standard fuel in the country, describing it as unfortunate drama and bad marketing practice. Kyari, who was speaking while fielding questions at a fireside chat during the 60th Nigeria Mining & Geosciences Society (NMGS)…
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…
