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Monthly Archives: April 2023

Independent Petroleum Producers To Partner Stakeholders On Oil & Gas Sectorial Growth

Independent Petroleum Producers To Partner Stakeholders On Oil & Gas Sectorial Growth

The Independent Petroleum Producers Group(IPPG) has promised to continue to partner relevant industry stakeholders towards the growth and development of the Nigerian oil and gas sector. The chairman of the IPPG, Mr. Abdulrazaq Isa while speaking at the 6th edition ...

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Airtel Partners AXA Mansard to launch digital health plans to consumers

Airtel Partners AXA Mansard to launch digital health plans to consumers

Leading telecommunications network provider, Airtel Nigeria, has partnered with AXA Mansard, to launch a digital health insurance plan that provides access to basic health care consultation and minor treatment for customers on the Airtel network. This was announced during a ...

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9mobile Invests N70bn On Network Modernisation

9mobile Invests N70bn On Network Modernisation

The chief executive officer of 9mobile, Juergen Peschel, said, 9mobile is on the path of resurgence following the enormous investments of over 70 billion into its network operations and a strong commitment by the board and management to aggressively reclaim ...

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Union Bank’s Profit Before Tax Hits N30.2bn In 2022

Union Bank’s Profit Before Tax Hits N30.2bn In 2022

Union Bank of Nigeria (UBN) Plc, has declared a growth of 47 per cent translating to N30.2 billion in its pre-tax profit for the year ended December 31, 2022. The bank’s audited results released on the Nigerian Exchange Limited showed ...

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Fintech Deploys Aids Interstate Transportation Booking Across Nigeria

Fintech Deploys Aids Interstate Transportation Booking Across Nigeria

Touch and Pay Technologies (TAP), a Nigerian fintech company and processor of micro-transactions in Africa, has deployed technology that aids interstate travel from Lagos to other parts of the country. Today, there are over a million interstate trips daily in ...

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Decade Of Gas: Don’t Jettison Project, Stakeholders Appeal To Incoming Govt

Decade Of Gas: Don’t Jettison Project, Stakeholders Appeal To Incoming Govt

…Fret over LPG supply instability, fear price hike Key stakeholders in the midstream sub-sector of the oil and gas industry have appealed to the incoming administration not to jettison the Decade of Gas plan, as it holds great potential for ...

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Equities Market Extends Gains, Up N18bn

Equities Market Extends Gains, Up N18bn

The Nigerian equities market yesterday continued its resurgence as the market ended N18 billion stronger due to gains in Stanbic IBTC Holdings Plc and 24 others. Precisely, the All-Share Index inched higher by 39.49 absolute points, representing an increase of ...

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Ayade Decries Abuse In Government, Vows To Recover, And Secure State Assets

Ayade Decries Abuse In Government, Vows To Recover, And Secure State Assets

…Disbands Scraps Metal Regulatory Agency Cross River state Governor, Professor Ben Tuesday decried the stealing of government assets in the twilight of his administration. The governor spoke at the State Executive Chamber of the Governor’s Office, Calabar while swearing in ...

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Gas utilisation: NNPCL Deepens Investments In AKK, OB3, Ors – Kyari

Gas utilisation: NNPCL Deepens Investments In AKK, OB3, Ors – Kyari

The Nigerian National Petroleum Company Ltd. (NNPC Ltd) is deepening investments in the Ajaokuta-Abuja-Kano (AKK) gas pipeline and OB3 gas interconnector to support five billion standard cubic feet per day domestic gas utilisation. Malam Mele Kyari, the Group Chief Executive, ...

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Global energy demand to increase by 23% to 2045 – OPEC

Global energy demand to increase by 23% to 2045 – OPEC

The Organisation of Petroleum Exporting Countries (OPEC) says global primary energy demand is forecast to increase by 23 per cent in the period to 2045, which necessitates utilising all forms of energy. The OPEC said based on its World Oil ...

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