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FG to convert 774,000 petrol-powered bikes to electric

17.04.2025
The Federal Ministry of Innovation, Science and Technology has officially launched the Sustainable Energy Access Projects initiative, planning to convert 774,000 petrol-powered motorcycles to electric. This is also as the ministry launched a 30-megawatt power facility in Sagamu Local Government Area of Ogun State. Under the initiative, 1,000 motorcycles are to be converted in each...
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Lokpobiri to grace NAPE 50th anniversary

17.04.2025
The Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, will lead other dignitaries to the 50th anniversary of the National Association of Petroleum Explorationists. The event, scheduled to be held on August 14, is to celebrate NAPE’s 50 years of aiding the growth of Nigeria’s oil and gas company. Others expected at the event...
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NCDMB official unveils book on local content devt

17.04.2025
Media and Publicity Manager at the Nigerian Content Development and Monitoring Board, Obinna Ezeobi, has authored a book on local content development in the energy sector. As stakeholders in the Nigerian oil and gas industry gear up to mark 15 years of the enactment and implementation of the Nigerian Oil and Gas Industry Content Development...
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Kenyon boosts youth skills in energy sector

17.04.2025
Kenyon International West Africa Company Limited, an oil and gas servicing firm, has reinforced its commitment to nurturing Africa’s next generation of energy professionals through its active participation in the Society of Petroleum Engineers Africa Annual Student Congress 2025. The event, which was held recently at the Dangote Business School, Bayero University, Kano, brought together...
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NSIA plans to exit fertiliser programme

17.04.2025
The Nigeria Sovereign Investment Authority has announced plans to withdraw from the Presidential Fertiliser Initiative, marking the conclusion of an eight-year intervention that increased the number of operational blending plants from four in 2017 to over 90 across the country. The planned exit was disclosed at the NSIA’s 2024 Earnings Presentation and media engagement held...
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Analysts link naira rebound to oil price, others

17.04.2025
The naira showed renewed strength at both the official and parallel markets at the start of the week, buoyed by a combination of internal and external factors. Analysts say the rebound, from a low of 1,635/$ to about 1,615/$ in the parallel market, reflects improving investor sentiment, sustained interventions by the Central Bank of Nigeria...
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Sahara Group, Amigo LNG sign gas purchase agreement

17.04.2025
Sahara Group, a global energy and infrastructure conglomerate, has signed a landmark 20-year Liquefied Natural Gas Sales and Purchase Agreement with Amigo LNG S.A. de C.V., the Mexican subsidiary of Singapore-based LNG Alliance, to enhance global efforts to drive seamless energy access and security. Under the terms of the agreement, Sahara Group will purchase 0.6...
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Local investors lead as African venture capital raises $3.6bn

17.04.2025
The African Private Capital Association has revealed that the African continent secured $3.6bn in venture capital funding, including $1bn from venture debt, in 2024. This was indicated in the statement accompanying the release of the 2024 Venture Capital in Africa Report. This report, which is in its sixth edition, revealed that Africa experienced a market...
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Stakeholders unite against e-call-up racketeering at ports

17.04.2025
Container traffic is gradually returning to the Lagos Ports axis, including the Apapa and Tincan Island Ports, findings by The PUNCH show. This is even as the Trucks Transit Park Limited, managers of the Electronic Call-up System introduced by the Nigerian Ports Authority, Nigeria Customs Service, and licensed agents, have moved to tackle the racketeering...
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FCMB trains entrepreneurs – Punch Newspapers

17.04.2025
First City Monument Bank has trained entrepreneurs through its Business Empowerment, Sustainability and Training Masterclass, which participants have credited with transforming their business operations and mindset. FCMB concluded the programme’s last phase in March, training participants in Ogun, Oyo, Osun, Ondo, and Kwara states. According to a statement, the BEST sessions focused on financial literacy,...
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I apologise for saying no heaven without tithe – Adeboye

04.10.2024
The General Overseer of the Redeemed Christian Church of God, Pastor Enoch Adeboye, has apologised for saying that Christians who don’t pay tithe might not make it to heaven. Adeboye who had previously said that paying tithe was one of the prerequisites for going to heaven, apologised for the comment while addressing his congregation Thursday...

Protesters storm Rivers electoral commission, insist election must hold

04.10.2024
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Man who asked Tinubu to resign admitted in psychiatric hospital

04.10.2024
The Adamawa State Police Command has disclosed that the 30-year-old Abdullahi Mohammed who climbed a 33 kv high tension electricity pole in Mayo-Belwa last Friday has been admitted at the Yola Psychiatric hospital for mental examination. The Police Public Relations Officer of the command SP Suleiman Nguroje, told Arewa PUNCH on Friday in an exclusive...

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