Spectranet 4G LTE has introduced Spectra-cular data plans as part of efforts to make Internet connectivity affordable and accessible to subscribers. Structured to suit the needs of all types of data users – casual users, moderate users and heavy users, these simple easy-to-understand plans named as Unified Value, Mega ValueRead More

The Nigerian Export Promotion Council (NEPC) has announced plans to attract $150 billion over the next 20 years courtesy of its zero oil plan initiative. The Executive Director, NEPC, Olusegun Awolowo, explained that so far the council has identified over 22 products that have the potential and capacity to generateRead More

The Nigerian National Petroleum Corporation (NNPC) yesterday in Abuja defended it decision to award the contract for the protection of the 87-kilometre Trans Forcados Pipeline (TFP) to an indigenous firm, Ocean Marine Solutions (OMS). Recently, some Niger Delta youths from Ijaw, Isoko, Itsekiri and Urhobo had blocked the gate ofRead More

With a focus to progressively improve operations and deliver customer-centric services, Nigeria’s leading Electricity Distribution Company, Ikeja Electric Plc (IE), has unveiled an ultra-modern undertaking office in Ikeja GRA to provide customers with improved access to quality service. The newly unveiled office is an upgraded facility designed to deliver positiveRead More

Oil marketers in Nigeria recently raised the alarm over N650bn owed them by the Federal Government in subsidy arrears, saying the settlement of the debts owed them will save their assets from being taken over by banks. The government is currently indebted to members of: Major Oil Marketers Association ofRead More

Ade Yesufu is the Commercial Director, Future Energy Nigeria. In this interview, he speaks on Nigeria’s power sector, the challenges bedeviling it and its attractiveness to investors. How will you rate the current government in terms of the power sector performance?  The Federal Government’s road map for solving the country’sRead More

The President of Nigerian Association of Petroleum Explorationists (NAPE), Dr. Andrew Ejayeriese, has stated that claims by the federal government to achieve 40 billion barrels in reserves by the year 2020 are not feasible. The Federal Government, through the Nigeria National Petroleum Corporation (NNPC), announced an outlook for 2018 to increase crude oil reserve byRead More

Polaris Bank Limited has identified Pan Ocean Oil Corporation’s OML-147 flow station at Owa- Alidinma and the Ovade-Ogharefe Gas Processing/LPG Propane Plant II, as laudable projects capable of generating significant cash flows. The Group Managing Director of Polaris Bank Limited, Mr. Adetokunbo Abiru, said this when he visited the siteRead More

If anyone ever needed any kind of convincing about the exceptional managerial qualities of Dr. Emmanuel Ibe Kachikwu, Nigeria’s Minister of State for Petroleum, the events of the past few weeks provide eloquent testimonies. Dr. Kachikwu, however, does not need validation. His sterling records, in private as well as inRead More

Stakeholders in the country’s oil and gas sector have accused oil companies of deliberately hiding information about the various deals they undertake, with the intention to dodge relevant tax payments. They alleged that some oil firms go abroad to sign deals on oil assets domiciled in Nigeria, and thus denyRead More