My expectations of newly sworn-in leaders across Nigeria On May 29, 2023, amidst great anticipation, Bola Ahmed Tinubu was sworn in as president of the Federal Republic of Nigeria whilst 28 other elected officials across Nigeria were sworn in as…
Seplat Energy and the “false allegations” against CEO Roger Brown – Thisislagos Special Report
Roger Brown, who had a stellar banking career in London’s financial district as head of Oil and Gas at Standard Bank, was the one who mooted the idea for Seplat to go public in 2014
OPEC+ can be trusted to balance markets, UAE minister says
The United Arab Emirates’ energy minister said on Monday that OPEC+ is keen on providing the world with the oil supply it needs. He said that the alliance of top producers would always be in a position to balance markets.…
Iran starts refining its oil in Venezuela -Minister
Iranian Petroleum Minister Javad Owji said that Iran has started refining its crude oil in Venezuela. Owji said Iran had started processing some 100,000 barrels per day of its crude in Venezuela’s El Palito refinery. “This was a long-standing and…
Dear Nigerians, I will not run in 2023 – Buhari
President Muhammadu Buhari has declared this decade as Nigeria’s decade. He also put paid to insinuations that he is seeking a third term in office. In a letter to the nation, the President declared without equivocation – “I will be standing down in 2023 and will…
Sahara Group canvasses more investment in Africa’s E&P business
Oil and Gas businesses in Africa need to intensify exploration efforts to guarantee reserve replacement and enhanced capacity to meet growing demand and global competition, Olajumoke Ajayi, Managing Director, Asharami Energy (A Sahara Group Upstream Company), has said. Ajayi, who…
Transcorp records an impressive Profit After Tax of N20.6bn
Transnational Corporation of Nigeria Plc (Transcorp) has announced its audited results for the year ended 31st December 2018, with a 94% growth in Profit After Tax (PAT) of ₦20.6bn in 2018 compared to ₦10.6bn in the prior year. The Group, Nigeria’s leading diversified listed conglomerate,…
FirstBank attributes growth to innovations, service delivery
First Bank of Nigeria Limited has said that its success story is based on innovations and reinvention of products and services aimed at satisfying customers’ needs and aspirations. According to a NAN report, Dr. Adesola Adeduntan, the Bank’s Managing Director, stated…
I can’t get married on what I earn now -Ajidahun Oluwatobi
Ajidahun Oluwatobi says he would like to get married but the reality is that he cannot if he depends on what he is earning right now. Although he says he is a businessman, who is into oil and gas, he…
Fuel scarcity looms as NUPENG, PENGASSAN issue strike notice (Vanguard)
Nigeria Union of Petroleum and Natural Gas Workers, NUPENG and its Petroleum and Natural Gas Senior Association, PENGASSAN, have threatened to shut down the nation’s Petroleum industry of alleged plans to sack thousands of workers from its operations nationwide. NUPENG…