BUSINESS

NNPC, TotalEnergies sign MoU on methane detection technology

Daily Dispatch December 19, 2023

The Nigerian National Petroleum Company Ltd., NNPC Ltd., has signed a Memorandum of Understanding, MoU, with TotalEnergies for the adoption and deployment of a methane detection technology known as Airborne Ultralight Spectrometer for Environmental Application, AUSEA, in all its upstream

BUSINESS

2024: NNPCL pledges to produce 2m barrels of crude oil daily

Daily Dispatch December 18, 2023

The newly appointed Board and Management team for the Nigerian National Petroleum Company Ltd (NNPCL) on Monday pledged to produce two million barrels of crude oil on a daily basis from 2024. Chief Pius Akinyelure, Non-Executive Board Chairman of NNPCL, stated this while briefing State House Correspondents shortly after the inauguration of the board by […]

BUSINESS

UBA secures US$175 m facility from AfDB towards supporting private sector, infrastructure, Dev. Women-own business

Daily Dispatch December 18, 2023

Towards enhancing its support to the private sector and financing of infrastructure development in Africa’s largest economy, Nigeria, the United Bank for Africa(UBA) has received a $175 million financial package from Africa Development Bank(AfDB) Group. This facility comprises a $100 million in long-term senior debt, $50 million of trade finance medium-term senior debt and

BUSINESS

Breaking: Aviation Minister sacks all Directors of aviation agencies

Daily Dispatch December 14, 2023

The Minister of Aviation and Aerospace Development, Festus Keyamo, has ordered Directors of agencies under the ministry to hand over to the most senior officers. This was contained in a statement by the ministry’s spokesperson, Odutayo Oluseyi, on Thursday in Abuja. Keyamo said the action was to effect reorganisation in the agencies under the ministry. […]

BUSINESS

NNPCL generates N4.5trn revenue for govt in 10 months –Kyari

Daily Dispatch December 14, 2023

The Nigerian National Petroleum Company Limited ( NNPCL), on Wednesday, said that it remitted N4.5 trillion generated  revenue as of October this year  into Federation Account. The national oil company also declared that prosperity beckons for the country as indices and parameters in that direction are already showing and being strategically leveraged on by NNPC Ltd 

BUSINESS

The Alternative Bank Revolutionizes Agriculture to Tackle Hunger in Ogoniland

Daily Dispatch December 14, 2023

The Alternative Bank Limited, a forward-thinking financial institution, is taking proactive steps to combat hunger and environmental distress in Ogoniland. Teaming up with over 800 local farmers, the bank has launched the Agricultural Community Support Programme (ACSP) in Bori, Khana Local Government Area of Rivers State, in collaboration with Global Entrepreneurship City