FCMB holds ‘Blockchain networking event’ Sept 5

By Oke Peter In its efforts to build on the success recorded at the recently-concluded Sustainable Energy Finance Workshop (SEFi 2018), First City Monument Bank (FCMB) has announced that it will hold a ‘Blockchain networking event’ aiming to improving participants’ knowledge of blockchain technology as a useful tool for Renewable Energy Solutions. The networking event…

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DisCos’ debts to NBET, market operator hit N103 billion

Investigations have shown that the Electricity Distribution Companies (Discos) in Nigeria are indebted to the Nigerian Bulk Electricity Trader (NBET), and Market Operator (MO) to the tune of N103billion, according to the Nigerian Electricity Regulatory Commission recent (NERC) report released this week. The Guardian has reported. DisCos were issued an invoice totalling N147billion for energy…

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Kenya Mining Forum ’ll exploit Kenya’s ‘Big Four Agenda’ opportunities

The forthcoming third edition of the Kenya Mining Forum (KMF) will focus strongly on how the mining industry can contribute to the Kenyan Government’s ‘Big Four Agenda’ namely, manufacturing, universal healthcare, affordable housing, and food security. The event will take place between 12th and 13th November, 2018 at the Safari Park Hotel & Casino, Nairobi,…

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NNPC reporting template ready next month

By Energy Worth The Nigeria National Petroleum Corporation (NNPC) reporting template ordered by President Muhammadu Buhari to resolve remittance to the Federation Account will be ready next month, Minister of Finance Kemi Adeosun said on Thursday. She told reporters at the end of the Federation Account Allocation Committee (FAAC) meeting yesterday that “what the President…

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FG should review Discos’ performance —Consultancy Dell’Amore CEO, Idris Mohammed

Alhaji Idris Mohammed is the President and Chief Executive Officer of Consultancy Dell’Amore International Limited and former Managing Director, Kaduna Electricity Distribution Company (KEDC). He received a ‘Special Recognition Award’ as one of the top 50 in the world, who have contributed to the promotion of power projects in Africa at the just-concluded 20th anniversary…

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Fears, political tensions may cripple investment in Nigeria’s oil sector

Stakeholders in the oil and gas, and investment sectors have said growing socio-economic uncertainties and political instability could further quash inflow of investment into the country. The experts, who reacted to the declining level of investment into Nigeria’s oil and gas sector, are worried that the country is fast losing its competitiveness to other countries…

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