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Organisation of Petroleum Exporting Countries (OPEC) | Reuters

OPEC: Renewable energy can’t overtake oil in decades

The consumption of renewable energy cannot come anywhere close to overtaking oil and gas usage in the decades ahead, the Organisation of Petroleum Exporting Countries said on Wednesday.
Nigeria Liquefied Petroleum Gas Association, NLPGA, has kicked against moves by the Petroleum Products Pricing Regulatory Agency, PPPRA, to impose administrative levy, despite the deregulation of the LPG sector.

PPPRA: Nigeria’s cooking gas consumption hits one million tonnes

The Petroleum Products Pricing Regulatory Agency (PPPRA) says Nigeria’s domestic consumption of Liquefied Petroleum Gas (LPG), popularly known as cooking gas, has exceeded one million Metric Tonnes (MT) in 2020.
Africa Development Bank (AfDB) is planning to invest $10 billion for the expansion of renewable energy projects in the continent, over the next five years.

AfDB mulls $10 billion boost for Africa’s renewable energy

Africa Development Bank (AfDB) is planning to invest $10 billion for the expansion of renewable energy projects in the continent, over the next five years.

NNPC diversifying portfolio beyond oil assets – GMD

The Nigerian National Petroleum Corporation (NNPC) says it is currently diversifying its portfolio beyond oil assets due to the impact of global energy transition.
Nigerian National Petroleum Corporation (NNPC)

NNPC committed to bringing down cost of production, remaining competitive

The Nigerian National Petroleum Corporation (NNPC) has, for the umpteenth time, pledged its commitment to bringing down the unit cost of oil production in the country to $10 per barrel, so as to remain competitive in the Industry and deliver value to all Nigerians.
OPEC and its oil allies reached agreement Sunday to cut global production by 9.7 million barrels a day starting May 1, to shore up the world price in the face of a significant drop in the demand for oil because of the coronavirus pandemic.

OPEC pledges support for access to modern energy sources

The Organisation of Petroleum Exporting Countries (OPEC) yesterday pledged its support for the 1.1 billion people globally without access to modern energy sources and the 2.8 billion individuals who still cannot afford modern cooking systems worldwide.
Secretary-General of OPEC, Mr. Mohammed Barkindo

OPEC: Crude oil will remain relevant beyond 2045

Secretary General of the Organisation for Petroleum Exporting Countries, OPEC, Mohammad Barkindo, yesterday, disclosed that despite its current anaemic outlook, crude oil would continue to be relevant in the foreseeable future, up to 2045.

Issa Aremu: Insecurity’s threat to Africa’s industrialization

African governments must put sustainable security measures if the continent must attract investment, protect the existing investments, and create sustainable decent jobs, foremost labour leader, Issa Aremu, has said.

Senator Saraki: PIB’ll be ready before end of 8th National Assembly

Senate President, Bukola Saraki, has assured Nigerians that the Petroleum Industry Bill law will be ready before the end of the Eighth National Assembly.

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Governor Seyi Makinde of Oyo State, on Wednesday, declared that starting from next year, the government would declare Hijrah holiday in line with the yearnings of the Muslim community in the state.

Oyo governor to declare Hijrah holiday from next year

Governor Seyi Makinde of Oyo State, on Wednesday, declared that starting from next year, the government would declare Hijrah holiday in line with the yearnings of the Muslim community in the state.
Zimbabwe's 71-year-old Vice President Kembo Mohadi on Wednesday refuted accusations of sexual misconduct by an online news outlet, saying he is the victim of political machinations.

Zimbabwean vice president accused of soliciting sex at his office

Zimbabwe's 71-year-old Vice President Kembo Mohadi on Wednesday refuted accusations of sexual misconduct by an online news outlet, saying he is the victim of "political machinations".
Nigeria Export Processing Zones Authority (NEPZA)

Nigerian government announces additional economic zones for agric, textile

The federal government has approved the expansion of the existing Free Trade Zones (FTZs), as well as the activation of existing ones to respond to the demands of the African Continental Free Trade Area Agreement (AfCFTA) and the COVID-19 pandemic.

WAEC registration: Kwara government warns principals against extortion

The Kwara Government has warned principals in public schools not to extort students during the registration of the upcoming West Africa Examination Council (WAEC) examination.

Court affirms Ogun NUJ chairman

The National Industrial Court, sitting in Ibadan, on Wednesday, affirmed the election of Comrade Soji Amosu as the duly elected Chairman of Ogun State chapter of the Nigeria Union of Journalists (NUJ).

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Abuja- Federal government has disclosed it plan to sell Geregu, Omotosho and Calabar power plants at N434 billion in 2021.

NDPHC to export 70MW of electricity to Togo

The management of the Niger Delta Power Holding Company, NDPHC, has disclosed that the company has entered a bilateral agreement with the Republic of Togo to supply the country with 70 Megawatt, MW, of electricity under the Power Purchase Agreement, PPA.
All Progressives Congress (APC) national stalwart Asiwaju Bola Ahmed Tinubu, has described as premature, talks about 2023 elections and the successor to President Muhammadu Buhari. To him, those making such calls do not love Nigeria.

Senator Tinubu calls for peace among Nigerians

The National Leader of the All Progressives Congress (APC), Bola Tinubu, has called for peace among all ethnic, tribal and religious groups in Nigeria.
Ugandan riot policemen patrol an area near the house of the presidential candidate and singer Robert Kyagulanyi Ssentamu, known as Bobi Wine in Magere neighbourhood of Kampala, Uganda January 16, 2021. REUTERS-Abubaker Lubowa-File Photo

U.S. says weighing options to hold accountable Ugandan security forces over abuses

Incumbent Yoweri Museveni, a former guerrilla leader who has led the East African country since 1986, was declared winner of the Jan. 14 election with 59% of the vote, while opposition leader Bobi Wine was given 35%. A crackdown by security forces on Wine’s supporters over the past few months has left dozens dead and hundreds detained.
Seventy-five members of the Boko Haram and Islamic State West Africa Province (ISWAP) terrorist groups have been killed by the military across the North East in the last six weeks.

Nigerian troops repel ISWAP attack on Borno community

Dikwa is about 86km Northeast of Maiduguri, the state capital. Security sources informed newsmen that a large group of gunmen believed to be members of ISWAP, a breakaway faction of Boko Haram, invaded the community, armed with gun trucks.
The Board of Lagos-based Mountain of Fire Ministry (MFM) FC is on the verge of announcing a replacement for its former Coach, Fidelis Ilechukwu.

MFM appoint new interim head coach

The management of Mountain of Fire and Miracles Ministries Football (MFM) Club has confirmed the appointment of Olalekan Gabriel as the interim head coach of the modest Nigeria Professional Football League (NPFL) team.