The Global Environment Facility (GEF) and the United Nations Development Programme (UNDP) have signed agreements to provide renewable electricity to 70,000 Nigerians through 23 power mini-grids. Implemented by the Rural Electrification Agency (REA) under the Africa Mini-grids Programme (AMP), this initiative aims to enhance the nation’s clean energy ecosystem and support agricultural development. With capacities…
Dangote Petroleum Refinery on Saturday reacted sharply to the trending decline in international crude oil prices. The refinery announced an adjustment to its ex-depot price of petrol, from N950 to N890, effective from Saturday, February 1. A statement from Dangote Petroleum Refinery, issued by the Group’s Chief Branding and Communications Officer, Anthony Chiejina, said that…
▪︎Groundbreaking of five mini-LNG plants by the Minister of Petroleum Resources (Gas), Hon Ekperikpe Ekpo, in Kogi State, yesterday. The NNPC Ltd. and its partners have launched five mini-Liquefied Natural Gas (LNG) Plants in Ajaokuta, Kogi State, on Thursday. The groundbreaking ceremony was performed by the Honorable Minister of State for Petroleum Resources (Gas), Ekperikpe…
The Minister of State Petroleum Resources (Gas), Rt. Hon. Ekperikpe Ekpo has successfully concluded the defense of dissertation pursuant to obtaining PhD in Environmental Pollution and Toxicology from the University of Calabar. The exercise which had external and internal examiners in attendance was held in the Department of Zoology and Environmental Biology, Faculty of Biological…
Global natural gas markets are set to remain tight in 2025 as demand continues to rise and supply expands more slowly than before the pandemic and energy crisis, according to the IEA’s latest quarterly Gas Market Report published today. The report, which provides a thorough review of market developments in 2024 and an outlook for 2025, finds that…
Adedolapo Osuntuyi, the Executive Director of the Dolly Children Foundation, has won the African Humanitarian Award in the “Education Champion” category. The award was in recognition of her unrelenting commitment to empowering poor children in Africa via education. The “Education Champion” category recognizes those who have exhibited a strong dedication to improving educational opportunities for…
Diageo Plc, a British multinational alcoholic beverage company, with its headquarters in London, England, has announced the sale of its majority stake in Guinness Ghana Breweries to the Castel Group for $81 million. The transaction will see the UK-based beverage giant part with its 80.4% shareholding in the Ghanaian unit while retaining ownership of its…
“Over 10,000 small-scale welders in Sri Lanka have benefitted from a UNIDO project funded by the Global Environment Facility (GEF) enlightenment campaign on the dangers of polychlorinated biphenyls (PCBs), a chemical use in the welding industry. UNIDO project manager, Carmela Centeno, Head of the Responsible Materials and Chemicals Management Unit, who disclosed this, said that …
Access Bank PLC is convening a distinguished line-up of seasoned speakers, and top executives from leading international banks, Development Finance Institutions (DFIs), and captains of industry in Africa to address the future of commerce across the continent. The convergence – Africa Trade Conference (ATC) themed, ‘Empowering Africa Through Trade, Innovation, and Sustainable Growth’, is scheduled…
Justice Dehinde Dipeolu of the Federal High Court in Lagos has overturned a Mareva injunction that had frozen the assets of General Hydrocarbons Ltd (GHL) and its directors. The court upheld arguments presented by GHL’s counsel, Abiodun Layonu, SAN, asserting that the injunction was in violation of an existing order issued by a court of…
