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With more women moving into traditionally male-dominated industries and a rise of millennial women globally over the past decade, Nigerian women particularly have been taking a cue from the global trajectory as no fewer than eight women are now in the upper echelon of the banking sector in Nigeria, occupying positions that were hitherto reserved…
July 20, 2021
...To 1.829 million bpd The price of brent crude -- international oil benchmark -- dropped by $1.2 to $72.39 per barrel early Monday, less than 24 hours after the Organisation of Petroleum Exporting Countries, (OPEC) and non-OPEC Ministers agreed to increase oil production at a virtual meeting, Sunday. At the 19th OPEC and non-OPEC Ministerial…
July 19, 2021
The Nigerian National Petroleum Corporation (NNPC) started its week with assurance that Nigeria remains on track on the global demand for cleaner energy. Emphasizing on this, the Vice President, Prof. Yemi Osinbajo, at the just concluded 2021 Nigeria Oil and Gas Strategic Conference and Exhibitions (NOG) in Abuja, says the Federal Government is working conscientiously…
July 19, 2021
By Bankole Shakirudeen Adeshina The financialisation of national, family, and individual assets, intellectual properties, and the strategic investment in human capital development and utilisation, have been identified as the new energy fueling global wealth and prosperity. At the 60th Public Lecture of the Nigerian Institute of Management (Charter) held at Idowu Taylor, Victoria Island, Lagos…
July 17, 2021
Chief Executive Officer, Proton Energy, Mr Oti Ikomi has backed the federal government's plan to concession the Transmission Company of Nigeria (TCN) to allow for more efficiency. According to the energy expert, the concession of TCN would transform its operations. The TCN which is currently government-owned was among the 18 companies unbundled from the defunct…
July 17, 2021
Nigeria’s headline inflation has slowed down to 17.75 per cent year-on-year in June. It was the third consecutive month the inflation would decelerate. In May, the inflation rate was 17.95 per cent, which was 0.18 percentage points higher than the most recent figure contained in the consumer price index (CPI) released by the National Bureau…
July 16, 2021
Insists On 5% To Oil Host Communities The House of Representatives on Thursday has stepped down the adoption of the conference report on the age-long Petroleum Industry Bill (PIB), for the third reading and final passage. This followed a disagreement with the Senate on the conference report by both chambers. The New Diplomat earlier reported that…
July 15, 2021
The Senate, on Thursday has passed the conference report of the National Assembly on the Petroleum Industry Bill (PIB). The Conference Committee of the Senate and the House of Representatives on the PIB, in its report adopted the 3 per cent for oil producing communities as trust fund, which was passed by the red chamber…
July 15, 2021
Asks Body To Protect Domestic Fishermen The FishNet Alliance, an Africa-wide network of fishers has raised alarmed over overfishing, illegal, unreported and unregulated fishing allegedly perpetrated by some developed countries, calling on the World Trade Organisation (WTO) headed by Dr. (Mrs.) Ngozi Okonjo-Iweala to wade in. The alliance which engages in the promotion of sustainable…
July 15, 2021
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With more women moving into traditionally male-dominated industries and a rise of millennial women globally over the past decade, Nigerian women particularly have been taking a cue from the global trajectory as no fewer than eight women are now in the upper echelon of the banking sector in Nigeria, occupying positions that were hitherto reserved…
July 20, 2021
...To 1.829 million bpd The price of brent crude -- international oil benchmark -- dropped by $1.2 to $72.39 per barrel early Monday, less than 24 hours after the Organisation of Petroleum Exporting Countries, (OPEC) and non-OPEC Ministers agreed to increase oil production at a virtual meeting, Sunday. At the 19th OPEC and non-OPEC Ministerial…
July 19, 2021
The Nigerian National Petroleum Corporation (NNPC) started its week with assurance that Nigeria remains on track on the global demand for cleaner energy. Emphasizing on this, the Vice President, Prof. Yemi Osinbajo, at the just concluded 2021 Nigeria Oil and Gas Strategic Conference and Exhibitions (NOG) in Abuja, says the Federal Government is working conscientiously…
July 19, 2021
By Bankole Shakirudeen Adeshina The financialisation of national, family, and individual assets, intellectual properties, and the strategic investment in human capital development and utilisation, have been identified as the new energy fueling global wealth and prosperity. At the 60th Public Lecture of the Nigerian Institute of Management (Charter) held at Idowu Taylor, Victoria Island, Lagos…
July 17, 2021
Chief Executive Officer, Proton Energy, Mr Oti Ikomi has backed the federal government's plan to concession the Transmission Company of Nigeria (TCN) to allow for more efficiency. According to the energy expert, the concession of TCN would transform its operations. The TCN which is currently government-owned was among the 18 companies unbundled from the defunct…
July 17, 2021
Nigeria’s headline inflation has slowed down to 17.75 per cent year-on-year in June. It was the third consecutive month the inflation would decelerate. In May, the inflation rate was 17.95 per cent, which was 0.18 percentage points higher than the most recent figure contained in the consumer price index (CPI) released by the National Bureau…
July 16, 2021
Insists On 5% To Oil Host Communities The House of Representatives on Thursday has stepped down the adoption of the conference report on the age-long Petroleum Industry Bill (PIB), for the third reading and final passage. This followed a disagreement with the Senate on the conference report by both chambers. The New Diplomat earlier reported that…
July 15, 2021
The Senate, on Thursday has passed the conference report of the National Assembly on the Petroleum Industry Bill (PIB). The Conference Committee of the Senate and the House of Representatives on the PIB, in its report adopted the 3 per cent for oil producing communities as trust fund, which was passed by the red chamber…
July 15, 2021
Asks Body To Protect Domestic Fishermen The FishNet Alliance, an Africa-wide network of fishers has raised alarmed over overfishing, illegal, unreported and unregulated fishing allegedly perpetrated by some developed countries, calling on the World Trade Organisation (WTO) headed by Dr. (Mrs.) Ngozi Okonjo-Iweala to wade in. The alliance which engages in the promotion of sustainable…
July 15, 2021
