The maiden edition of the African Local Content Roundtable ended on Friday at the Nigerian Content Tower in Yenagoa, Bayelsa State, with a strong push by Nigeria and other members of the African Petroleum Producers Association (APPO) to develop regional oil and gas investments and renegotiate the COP-21 Climate Change Agreement which is driving the…
The Association of Licensed Telecommunication Operators of Nigeria (ALTON) has suspended interenet access to Twitter. In other words, all Tweeps using MTN, Airtel, Glo, 9mobile in the country cannot have access to Twitter currently via the networks. According to the ALTON, this is in compliance to the directive of the Federal Government on Friday. This…
The Federal Government has halted the operations of micro-blogging platform, Twitter in Nigeria indefinitely. In a statement released on Twitter by the Minister of Information and Culture, Alhaji Lai Mohammed, the government says the Microblogging and social networking service has been used to persistently undermine Nigeria’s corporate existence. “The Minister said the Federal Government has…
Africa’s leading sugar manufacturer, the Dangote Sugar Refinery (DSR) has unveiled an innovative sugar brand, tagged: New Look, Same Great Quality. The ceremony for the unveiling of the white granulated white sugar was conducted on Thursday at the ongoing Kaduna 42nd International Trade Fair. The vitamin A fortified sugar excited participants who thronged the Dangote…
By Irina Slav Crude oil prices strengthened further this week hitting their highest level in more than two years, after OPEC+ signaled its growing optimism about the balance between demand and supply, and confirmed that it planned to continue increasing production. Bloomberg quoted Saudi Energy Minister Abdulaziz bin Salman as saying that crude oil demand “has shown clear…
The Senate, on Wednesday, has passed the bill seeking to prohibit the discrimination between Bachelor degree certificate holders and Higher National Diploma (HND) certificate holders. The bill was read for the third time at plenary on Wednesday and was subsequently passed. The piece of legislation was sponsored by Senator Ayo Akinyelure who represents Ondo Central…
Nigeria’s Department of Petroleum Resources (DPR) has concluded the 2020 marginal oilfield bid round. The process is the first successful bid since 2003 when 24 assets were put on offer. The process, which culminated in the presentation of letters to the bid winners in Abuja by the industry regulator, started in June last year, with…
The Niger Delta Power Holding Company (NDPHC), a key intervention agency in the Nigeria's power sector, has contributed over 3,400 megawatts (MW) to the national grid, delivering 22 substations since 2015, a new report has shown. Through its six National Integrated Power Projects (NIPP) thermal power plants and scores of power substations, the company has…
Civil society groups in Nigeria have urged the Nigerian government to compel Shell to clean up the massive pollution its extractive activities have created in the Niger Delta and cautioned that the company’s plans to divest its operations by moving offshore is only targeted at evading the scrutiny that its onshore activities have attracted. Three…