
Category: Business News
Business News

Schneider Electric, Bantog to co-exhibit home-made, smart switchgear panels, others to oil sector
Leaders of digital transformation, energy management and automation, Schneider Electric, has entered a partnership with Bantog Engineering to exhibit its newly launched locally manufactured IEC-Standard Switchgears and other electrical solutions at the Nigerian Oil and Gas (NOG) Conference and Exhibition slated for July 2021 in Abuja.
The Head of Building Business Unit, Schneider Electric, Mr Mojola Ola, who disclosed this in a press release noted that the partnership with Bantog has lasted more than four years. He also stated that the collaboration between Schneider Electric and Bantog for joint exhibition at NOG was targeted at showcasing locally manufactured, smart and innovative electrical solutions with features that can be easily integrated into installations and platforms of oil and gas companies using the cloud.

Power sector development: Ikeja Electric inducts 20 young engineers
Nigeria’s largest Electricity Distribution Company, Ikeja Electric (IE), has inducted 20 young Engineers into a 12 months comprehensive developmental programme targeted at young, dynamic, self-motivated and highly driven young talent to improve their capacity and practical field practice experience.

Schneider Electric to host Innovation Day 2021, emphasize link between Digitisation and Sustainability
Schneider Electric, the leader in digital transformation of energy management and automation, will be hosting its 2021 Innovation Day come July 6, 2021.
Nigeria lost N851bn to oil theft, sabotage —NEITI
Nigeria lost N851.84bn ($2.78bn) to oil theft and pipeline sabotage in 2019, the Nigerian Extractive Industry Transparency Initiative (NEITI) has said. NEITI said this in its latest oil and gas industry audit report. NEITI stated that it arrived at the estimate after using an average price of $65.61 per barrel and an average exchange rate…

Ikeja Electric distributes free educational materials to mark Children’s Day
Nigeria’s leading Electricity Distribution Company, Ikeja Electric (IE), has restated its support for quality education with the donation of educational materials to Agidingbi Primary Schools, Ikeja, Lagos, as part of activities to mark this year’s Children’s Day.

Schneider Electric commits to global fight against biodiversity loss
As part of its activities around the International Biological Diversity Day, Schneider Electric, a leading firm in energy management and automation has made commitments to actualize its pledge of combating the global loss of biodiversity by achieving a net-zero loss of biodiversity from its operations, with a specific target of 2030.

Siemens AG holds free online seminar series exploring the latest innovations in Acoustic Testing
Siemens AG has organized a free online seminar series aimed at exploring the latest innovation in Acoustic Testing.

Spiked cybercrime amid Covid-19: Schneider Electric recommends solutions, prods energy companies, banks, industries
Following the rising incidents of ransomware, phishing, and malware attacks, among others, Schneider Electric has urged energy companies, financial institutions, large industries, and micro small and medium (MSMEs) sized companies to be extra vigilant, and to deploy proven cybersecurity measures especially as the perpetrators of cybercrime have become more sophisticated.

Halliburton presents major software grant to three Algerian universities
Halliburton Company today announced it awarded three multimillion-dollar educational software grants to Algerian public universities to train and prepare the next generation of Algerian oil and gas engineers and geoscientists.

Schneider Electric launches cost-efficient, ultra-smart features on APC UPS
Determined to ensure that power is provided at constant, acceptable voltage, current, and frequency, APC by Schneider Electric has added new features to three of its existing Uninterrupted Power Supply (UPS), to enrich customers’ experience.