Category Archives: Business

Poland Releases 800,000 Tonnes of Oil Reserves

Poland’s energy ministry has decided to release mandatory oil reserves to secure output at domestic refineries after the suspension of contaminated oil deliveries from Russia in April. Poland, Germany, Ukraine, Slovakia and other countries halted oil imports via the Druzhba

Wecyclers Wins €200,000 Prize In Waste Management

Wecyclers, a Lagos-Based waste recycling company founded by Mrs Bilikiss Adebiyi-Abiola in 2012, has won the 2019 King Baudouin African Development Prize worth €200,000 (N104 million) for its development work in Africa. Herve Lisoir, Coordinator Africa and Developing countries, King

Ford, Amazon Partner for in Car-delivery

Ford Motor Co. is joining General Motors Co. and Volvo Cars in partnering with the world’s largest online retailer to launch in-car package deliveries as connected vehicle technology becomes more sophisticated. The Dearborn automaker announced Tuesday it is teaming with

Oil Prices to remain Buoyant in 2019 Amid Iran Waivers, OPEC Output – Reuters Survey

Oil prices are likely to stay buoyant this year as the U.S. decision to end waivers on Iranian oil and OPEC output curbs are expected to keep supply tight, a Reuters survey showed on Tuesday. A monthly survey of 31

Online Jobs You Could Do & Earn Up To N80,000 Monthly

Before landing your dream job, one of the most flexible and rewarding online jobs you can do from your home today is to execute virtual gigs on iProo. You could earn up to N80,000 on a monthly basis working from

FG, NNPC, Industry Players Intensify Efforts To Increase Domestic Gas Supply

The Federal Government of Nigeria, Nigerian National Petroleum Corporation (NNPC), and industry players in the Nigerian Gas sector has made a substantial commitment to increase the domestic gas supply across the country. In a statement made known to Oil and

Gas Shortage Forces Down Output of Four Gencos – TCN

Egbin, Omotosho, Olorunsogo, Paras lose 1,988mw Four power generation companies (Gencos) have been unable to generate electricity to the national grid for several days, due to gas supply challenges, the Transmission Company of Nigeria (TCN) disclosed yesterday. The TCN said

See Amala That Cost 6,500 Naira Per Plate Causes Internet Frenzy

Social media has been thrown into a frenzy after photos of a plate of amala and ewedu soup being sold for a whooping N6,500 at a restaurant in Lagos surfaced. One of the major reasons the Yoruba delicacy pair popularly

Seplat Eyes $700m for Gas Development

Seplat Petroleum Development Company Plc Wednesday said it had taken a final investment decision to develop gas fields in the country’s Imo state and would raise $700 million for the venture in partnership with the Nigeria National Petroleum Corporation (NNPC).

We Are Planning On Getting More Jets For Our Pastors -Oyedepo Reacts To Sulaiman Buying Private Jet

Bishop Oyedepo Speaks On Apostle Suleman’s Private Jet, Says Winners Chapel is planning to buy more jets for Pastors. The presiding Bishop of the Living Faith David Oyedepo has said the church is planning on buying more jets to aid