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CATEGORY: Corporate

Shell Commits $2 Billion to New Offshore Gas Development in Nigeria.

Nigeria’s oil and gas industry has received a significant boost with Shell Nigeria Exploration and Production Company Limited (SNEPCo), a subsidiary of Shell plc, announcing a $2 billion final investment decision (FID) for the HI offshore gas project in Oil Mining Lease (OML) 144. This landmark project, developed in collaboration with Sunlink Energies and Resources Limited, represents a pivotal step in Nigeria’s ambition to harness its vast natural gas reserves, strengthen its energy sector, and enhance its standing in the global energy market.

Dangote Calls For Africa’s Industrial Revolution, Showcases Cement, Fertiliser, Refinery At Trade Fair.

At the recent Intra-African Trade Fair in Algiers, Aliko Dangote didn't just give a speech; he delivered a powerful call to action. Speaking on a day officially dedicated to his company, the renowned entrepreneur laid out a clear, passionate vision for Africa's future: an industrial revolution driven by Africans, for Africans.

FG Disburses N330 Billion to 8.5 Million Poor Households Under Renewed Safety Net.

The Federal Government of Nigeria has confirmed it has disbursed ₦330 billion in cash transfers to poor and vulnerable households nationwide as part of its renewed National Social Safety Net Programme. Finance Minister Wale Edun, who is also Coordinating Minister of the Economy, made the announcement at a press briefing in Abuja.

State House Press Release. National Council Of State Unanimously Approved The Appointment Of Professor Amupitan As INEC Chairman.

The National Council of State has approved the nomination of Professor Joash Ojo Amupitan (SAN) from the North-Central as the new Chairman of the Independent National Electoral Commission (INEC).

Shoprite Stores Shut in Ibadan, Ilorin While Lagos, Abuja Outlets Struggle with Empty Shelves.

Reports from multiple news outlets confirm that Shoprite, once a dominant supermarket chain in Nigeria, has shut down several outlets in Ibadan and Ilorin.

Ogun To Daniel - We have No Reason To Block Your Projects, Simply Follow Due Process.

Ogun State government has dismissed claims that it is deliberately frustrating road projects initiated by a former governor of the state and the Senator representing Ogun East at the upper chamber of the National Assembly, Senator Gbenga Daniel, noting that it seeks coordination, and not obstruction, of development projects..

PENGASSAN Strike Over Dangote Refinery Dispute Threatens Nationwide Power Blackout.

Nigeria is facing the risk of a crippling power crisis as the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) begins an indefinite strike...

Ogun Economy Now Worth N16Trn ... As MAc Group Pledges $2.5bn Disneyland Investment ...

Governor of Ogun State, Prince Dapo Abiodun, has disclosed that the state's economy has increased over fourfold, jumping from N3.5 trillion to N16 trillion in the last six years.

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