BUSINESS

NNPC Ltd Set to Deliver Gas Revolution with OB3 Gas Pipeline Project

Daily Dispatch June 23, 2024

…As FG Expresses Satisfaction with Project’s Progress  In yet another major step towards boosting nationwide gas supply to drive industrialization and economic growth, the Nigerian National Petroleum Company Limited (NNPC Ltd) is set to deliver the Obiafu-Obrikom-Oben (OB3) Gas Pipeline

BUSINESS

FG Highlights AKK Gas Pipeline’s Massive Impact on Economy, Industrialisation

Daily Dispatch June 22, 2024

…As Kyari Assures Project Will be Ready 1st Qtr 2025  The Federal Government has highlighted the huge multiplier impact of the Ajaokuta-Kaduna-Kano (AKK) Gas Pipeline Project on the nation’s economic growth and industrialisation. This was made known during the visit of three cabinet Ministers to the AKK Gas Pipeline Project Site where they inspected the […]

BUSINESS

Union Bank Advocates for Environmental Restoration; Commemorates World Environment Day

Daily Dispatch June 17, 2024

Union Bank, one of Nigeria’s foremost financial institutions, has reemphasised the need to preserve and restore the global habitat through sustainable environmental practices. This clarion call was made during an event organised in partnership with the Nigerian Conservation Foundation to commemorate this year’s World Environment Day.The program, held on June 5th, 2024, at

BUSINESS

Why Guinness is leaving Nigeria After 74 years

Daily Dispatch June 11, 2024

After operating in Nigeria for about 74 years, since 1950, and enduring a harsh economic climate under President Bola Tinubu’s administration, Guinness has announced it will exit the Nigerian market and sell off its controlling shares to Singaporean conglomerate Tolaram Group on Tuesday. The brewery brand recorded a staggering N61.9 billion loss after tax between […]

BUSINESS

Dangote Shifts Date It Will Supply Petrol To Marketers

Daily Dispatch June 11, 2024

Dangote Petroleum Refinery and Petrochemicals in Lagos State has moved the supply date for Premium Motor Spirit (PMS) popularly known as petrol from June to mid-July. The President and Chief Executive Officer of the refinery, Aliko Dangote, attributed the postponement to slight delay but assured the public that by second to third week in July, […]

BUSINESS

NNPC Ltd. Progresses Floating LNG Project with Golar LNG

Daily Dispatch June 11, 2024

….Signs PDA on 400-500mmscf Gas Deal, Eyes FID before Dec 2024 Ending  In furtherance of its commitment to monetize Nigeria’s vast natural gas resources, the NNPC Limited has executed a Project Development Agreement (PDA) with Golar LNG for the deployment of a Floating Liquefied Natural Gas (LNG) offshore Niger Delta, Nigeria. The signing ceremony, which […]