AKTORAS, a new state-of-the-art and energy-efficient vessel, recently chartered by Nigeria LNG Limited (NLNG), has arrived at the Company’s Bonny Terminal for its maiden loading of LNG. According to a statement by the Manager, of Corporate Communication and Public Affairs, Sophia Horsfall, the charter of the vessel by NLNG’s shipping subsidiary, Bonny Gas Transport Limited …read more →
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Access Bank Raises N442 Billion Capital through Syndicated Tier II Facility
In a significant stride towards fostering economic growth, Access Bank PLC, sub-Saharan Africa’s largest bank by customer base, has celebrated a landmark moment in its partnership with the Dutch Entrepreneurial Development Bank (FMO). The occasion marked the signing of a monumental syndicate Tier II Facility agreement of USD295 million (equivalent of about N442,500,000,000), underscoring a …read more →
Access Holdings’ Shareholders Pledge Overwhelming Support for Rights Issue
Shareholders of Access Holdings PLC have expressed overwhelming confidence in the company’s growth strategy and pledged their support for the ongoing N351 billion rights issue. This, they did, at the recent “Facts Behind the Rights Issue” presentation held at the Nigerian Exchange (NGX) office in Lagos. The shareholders praised Access Holdings for its impressive track …read more →
Gov Oyebanji Inaugurates A-Bamisil Palm kernel Crushing Plant in Ekiti
Governor Biodun Oyebanji of Ekiti on Friday, inaugurated A-Bamisil, a privately owned 200 metric tons per day capacity palm kernel oil (PKO) crushing plant to reduce unemployment, hunger and poverty in the state. Oyebanji, while inaugurating the A-Bamisil Palm kernel Crushing Plant located along Ijan road in Ado-Ekiti, promised that his administration would play a …read more →
NNPC Commissions 12 CNG Stations, to Build Three LNG Stations, 100 CNG Sites
The Group Chief Executive Officer of NNPC Limited Mallam Mele Kyari has declared that the drive to bring Compressed Natural Gas (CNG) closer to Nigerians has since commenced and is irreversible. Kyari, who disclosed this on Thursday during the simultaneous commissioning of 12 CNG stations in Abuja and Lagos, said in addition to the massive …read more →
Tinubu Flags off Lagos-Calabar N15trn Highway Project
President Bola Tinubu, on Sunday in Lagos, flagged off the construction of the 700km Lagos-Calabar Coastal Highway, stating that the project would revolutionize transportation in Nigeria and bolster the unique economic strength of each zone. Tinubu who cut the tape at exactly 6:03pm in Lagos was flanked by Minister of Works, Dave Umahi, Senate President …read more →
Tinubu Commissions Three Major Nigeria’s Gas Projects, Lauds NNPC, Partners
In line with its renewed hope agenda, the Federal Government has reiterated its determination to utilize Nigeria’s abundant gas resources towards revamping the nation’s industrial growth and kickstarting its economic prosperity. President Bola Ahmed Tinubu disclosed this while commissioning three critical gas infrastructure projects executed by NNPC Limited and its partners in Ohaji-Egbema, in Imo …read more →
Aigboje Aig-Imoukhuede Appointed President of France Nigeria Business Council
At the esteemed Choose France Summit 2024, held on Monday, May 13, 2024, Aigboje Aig-Imoukhuede, the Chairman of Access Holdings PLC, was formally appointed as the President of the France Nigeria Business Council (FNBC) by the President of the French Republic, President Emmanuel Macron. The France Nigeria Business Council (FNBC) stands as a pivotal coalition …read more →
Wärtsilä to Operate & Maintain 50MW Power Plant in Kogi
Technology group Wärtsilä has signed a ten-year Operations and Maintenance (O&M) Agreement for a captive power plant providing the energy for a Nigerian cement producing facility. The new cement plant is owned by Mangal Industries and is located in Kogi State, Nigeria. The order was booked by Wärtsilä in Q2, 2024. The power plant is critical …read more →