Over 1,200 alerts have been issued to governments and companies since a U.N. initiative began monitoring methane leaks from oil and gas infrastructure last year. But only 12 of those alerts for major plumes – just 1% – garnered a “substantive response” with action taken to plug the leaks, according to a report by the …read more →
Author: Admin
Access Bank Named Hits Forbes 2024 World’s Best Employers List
Access Bank PLC has been named as the only Nigerian company on the 2024 World’s Best Employers List by Forbes in reflection of its dedication to fostering a workplace culture that prioritises employee empowerment, inclusivity, and gender equity, leading full-service commercial bank. As one of only 13 African companies to receive this distinction amongst the …read more →
Access Holdings Reaffirms Commitment to Driving Inter-, Intra-African Trade
Access Holdings Plc, the parent company of Access Bank Plc, has announced a series of initiatives aimed at empowering small businesses across Africa and enhancing intra-African trade. During a recent media roundtable, the leadership team, including Acting GCEO Ms. Bolaji Agbede, and Group Managing Director/CEO, Roosevelt Ogbonna, shared insights on the company’s strategic priorities for …read more →
Lagos NURTW Launches ₦10.2B CNG Tricycles to Curb Rising Transport Expenses
To address the growing transportation challenges in Lagos State, the National Union of Road Transport Workers (NURTW) has introduced 3,000 Compressed Natural Gas (CNG) tricycles, valued at ₦10.2 billion. The goal is to provide more affordable transportation options and reduce residents’ financial stress, particularly due to expensive fuel prices. Alhaji Azeez Abiola, the Zonal Chairman of the Tricycle …read more →
Access Bank Reaffirms Commitment to Nigeria’s War Against Money Laundering, Drug Trafficking
Access Bank PLC has reinforced its dedication to the fight against illicit drug trafficking and money laundering, committing to a closer partnership with the National Drug Law Enforcement Agency (NDLEA). The bank made this commitment at the formal decoration of its Group Chief Executive Officer/Managing Director, Roosevelt Ogbonna, and Group Chief Conduct and Compliance Officer, …read more →
FG To Begin $750m World Bank Electrification Project For 17.5 Million Nigerians
The Rural Electrification Agency (REA) says starting in November, the Federal Government will kick-start a new rural electricity project bankrolled by the World Bank to provide electricity for 17.5 million Nigerians. The Agency’s Managing Director, Abba Aliyu, who revealed this on Channels Television’s Sunrise Daily programme, also said his agency has plans to provide cheap …read more →
Savannah Energy Records 3% Increase in Nigerian Production; 40% Boost in Financial Performance
British independent energy company, Savannah Energy PLC recorded a strong financial performance as its total unaudited income for the half-year, which ended 30 June 2024, increased by 40 per cent to $233.4 million, compared to $167.6 million in the same period in 2023. In terms of operations, the company’s average gross daily production in Nigeria …read more →
Solid Minerals Ministry Probes Segilola Taxation Dispute
The Ministry of Solid Minerals Development said it is probing the claims and counter-claims of Osun State Government and Thor Explorations Limited, owners of the Segilola Resources Operating Limited over taxation and operational matters. The Minister of Solid Minerals Development, Dr. Dele Alake announced on Friday that a fact-finding team has been set up to …read more →
Zulum Earmarks N20b for Reconstruction, Relief for Borno Flood Victims
Borno State Governor, Prof. Babagana Zulum, has announced allocating N20 billion to reconstruct the infrastructure damaged by the 10 September flood and assist the victims. The ravaging flood had affected parts of Maiduguri Metropolitan Council and its surrounding local government areas, leaving thousands displaced. According to a statement on Saturday, Zulum announced the Council Chamber …read more →
FG Tasks Julius Berger Plc on Prompt Project Delivery as Abuja-Kaduna- Zaria–Kano Dual Carriageway, Bodo-Bonny Road Get Funding for Completion
The Federal Government has tasked Julius Berger (Nig.) Plc on the need to fast-track the completion of the rehabilitation of the 82-km Section II of the Abuja – Kaduna – Zaria – Kano Dual Carriageway in FCT, Kaduna, and Kano States and the construction of the Bodo – Bonny road with bridges across the Opobo …read more →