Chemical Engineers seek private control of moribund refineries
By Providence Ayanfeoluwa The Nigerian Society of Chemical Engineers (NSChE) has called on the Federal Government to adopt a transparent, competitive and time-bound privatisation process for Nigeria’s moribund state-owned refineries, with majority private ownership and professional management. The society’s National President, Engr. Bayo Olarewaju-Alo, made the call at a press conference titled, “Nigeria’s Moribund Refineries […]
CBN injects $210m as naira appreciates to N360.45/$
The Naira yesterday started the week with a 12 kobo appreciation to N360.45 per dollar, in the Investors and Exporters (I&E) window, even as the Central Bank of Nigeria (CBN) injected $210 million into the foreign exchange market.
FG, RMI to cut cost of electricity delivery by 60%
THE Federal Government through the Rural Electrification Agency, has entered into a partnership with the Rocky Mountain Institute, RMI, to bring down the cost of mini-grid-delivered electricity across the country by over 60 per cent.
Shell, GTbank agree $270m oil-backed loan to Amni
Shell Western Supply and Trading Limited, a subsidiary of Royal Dutch Shell and Guaranty Trust Bank have granted a $270 million loan to Amni International Petroleum Development Company Limited.
EKEDC appeals to police, armed forces on settlement of debt
THE management of Eko Electricity Distribution Companies, EKEDC, has urged security agencies to pay their outstanding debt.
Shell says Amnesty Intl’s claims on 89 oil spills false, without merit
Amnesty International has queried oil companies, Shell Petroleum Development Company and Eni trading in Nigeria as Nigeria Agip Oil Company, on the 89 out of the 1,830 oil spills reported by both companies in Nigeria between 2011 and 2018.
