Daily Archives: May 2, 2018

NNPC Announces Policies To End Gas Flare … As Nigeria Eyes Total Flare Out In 2 Years

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Maikanti Baru, has announced a three-point smart strategy aimed at ending gas flaring in the nation’s Oil and Gas Industry.

Shareholders Commend Transcorp For Leading Role In Improving Access to Electricity in Nigeria

Shareholders of Transnational Corporation of Nigeria Plc (Transcorp) strongly commended the Board and management for Transcorp’s impressive contribution to transforming the Nigerian power sector, through its power subsidiary, Transcorp Power. The commendations were received at the 12th Annual General Meeting of Transcorp, held on April 30th 2018, at Oriental Hotel, Victoria Island, Lagos.

CBN To Remove Bank Executives For Late Submission Of Accounts

The Central Bank of Nigeria (CBN) plans to introduce regulations that will enable it to remove bank executives if they fail to publish audited annual accounts during the following 12 months, it said.

OTC No Longer Jamboree Says Baru … Over 20 Nigerian Companies Showcase Capabilities At World’s Biggest Upstream Technology Event

The Group Managing Director of the Nigeria’s National Petroleum Corporation, (NNPC), Maikanti Baru said Nigeria’s participation at the annual Offshore Technology Conference (OTC) in Houston, Texas, United States of America, had grown from mere jamboree-like activity in the 1990’s to a fully-fledged engagement where indigenous oil services companies parade their competencies and proven job profile to the global oil and gas industry.