Category: Business News
Business News
Siemens deal ’ll provide 3,800 power, transformers —FG
The Office of the Minister of Power disclosed this in series of tweets on Tuesday, which were further affirmed by the Minister of Power, Sale Mamman, via his official Twitter handle.
Ikeja Electric unveils WhatsApp Chatbot to enhance service delivery, complaints resolution
The company, while explaining the functionality, noted that through the dedicated WhatsApp Chatbot number 09088951626, customers can get their account details, check and pay bills, confirm payments, report faults, make complaints and request for prepaid meter.
Covid-19: Schneider Electric begins distribution of palliatives to underprivileged children, widows across Nigeria
Energy management giant, Schneider Electric, has begun distribution of 13,000 meals to underprivileged children and widows across the country with a kick off in Amuwo-Odofin community in Lagos State.
NCDMB tower to attract investors to Nigeria —Experts
Project 100, conceived in 2017, is an initiative of the Ministry of Petroleum Resources and the NCDMB to identify 100 Nigerian oil and gas service providers and support them through special interventions to facilitate their incubation, maturation and growth into world class service companies.
4.36 million oil barrels lost to power outage, others, says NNPC
According to data in NNPC’s latest monthly report, a total of 4.36 million barrels of oil could not be produced in the period as a result of the shutdowns.
Petrol may sell for N149 per litre
This means a litre of petrol may be increased from N143 to N149.
The new ex-depot price was contained in an internal memo by the Pipelines and Products Marketing Company seen by our reporter yesterday night.
Sylva to inaugurate committee for Oloibiri Museum and Research Center
The Honorable Minister of State for Petroleum Resources, Chief Timipre Sylva will today, August 4, 2020 inaugurate the Project Committee for the development of the Oloibiri Museum and Research Center (OMRC).
Nigeria accelerates plans to encourage downstream investment
The panel discussed how Nigeria could improve investment into the sector through increased beneficiation opportunities, encouraging local transformation and boosting local market and job opportunities through local beneficiation and developing the Made in Nigeria brand.
We don’t fix electricity tariffs, says FG •Vows to reduce political influence in the power sector
However, other members of the panel, including the Chief Executive Officer, ZJK Energy, Mr. Rumundaka Wonodi; Principal Consultant, Emtech Energy Services, Ifey Ekeonu; and Head, (PMU) Nigeria Electrification Project (NEP), Mr. Kenny Anuwe, agreed on the need to reduce the political influence in the power sector.
Will Buffett’s $10bn bet on natural gas go bust?
Buffett’s US$10-billion bet on natural gas infrastructure shows that the billionaire investor believes that natural gas hasn’t run its course, regardless of what environmentalists and climate-conscious investors think.