World stage group

Seplat Energy threatens legal action against those behind report of alleged impropriety in Mobil Producing acquisition

August 10, 2022August 10, 2022 - by WorldStage Report - Leave a Comment

WorldStage Newsonline– Seplat Energy has threatened to pursue legal action against any parties involved in disseminating reports alleging impropriety in the process of securing ministerial consent to the acquisition of Mobil Producing Nigeria Unlimited by Seplat Energy Offshore Limited.

Energy / Jobs

Oando appoints BDO Professional Services auditor, as Ernst & Young resigns

August 10, 2022August 10, 2022 - by WorldStage Report - Leave a Comment

WorldStage Newsonline– Oando PLC has announced that its Board of Directors had approved a change of the Company’s auditors from Ernst & Young to BDO Professional Services.

Energy

Ikeja Electric signs tripartite agreement with Enaro Energy, Ayobo Community on 24 hours power supply

August 10, 2022August 10, 2022 - by Press Release - Leave a Comment

Ikeja Electric Plc, Nigeria’s leading electricity distribution company, has signed a Tripartite Interconnected Mini-Grid Agreement with Enaro Energy Limited and Ayobo community, to provide reliable and uninterrupted electricity supply to Ishokan Phase1 Estate, Mercy Land Estate and Mercy Land Phase1 residents in Ayobo, Lagos State.

Energy

Asharami Synergy receives three ISO certifications, promotes downstream sustainability

August 10, 2022August 10, 2022 - by Press Release - Leave a Comment

Asharami Synergy, a Sahara Group downstream company has received three certifications from the International Organization for Standardization (ISO) in recognition of the company’s commitment to global quality, health, safety and environmental standards.

Energy

Nigeria: FG inaugurates Africa’s 1st Meter Museum in Lagos

August 10, 2022August 10, 2022 - by Benson Akomo - Leave a Comment

WorldStage Newsonline– The Federal Government of Nigeria through the Nigerian Electricity Management Services Agency (NEMSA) has inaugurated a Meter Generation Museum/Gallery at the National Meter Test Station, Oshodi, Lagos State.

Energy

EKEDC confirms fire outbreak at Lagos Island substation

August 9, 2022August 9, 2022 - by Benson Akomo - Leave a Comment

WorldStage Newsonline– Eko Electricity Distribution Company (EKEDC) has confirmed a fire incident at its injection substation in Idumagbo, Lagos Island.

Energy / Nigeria

Nigeria: Reps summons Finance Minister, demands oil subsidy claims documents

August 9, 2022August 9, 2022 - by Luke Ajulo - Leave a Comment

WorldStage Newsonline– The House of Representatives has summoned the Minister of Finance, Budget and National Planning, Hajia Zainab Ahmed to make available before it all documents relating to subsidy claims from 2013 till date.

Energy

Shell completes acquisition of renewables platform Sprng Energy group

August 9, 2022August 9, 2022 - by Press Release - Leave a Comment

Shell Overseas Investment B.V., a wholly owned subsidiary of Shell plc (Shell), has completed its 100% acquisition of Solenergi Power Private Limited and with it, the Sprng Energy group of companies from Actis Solenergi Limited (Actis).

Economy / Energy / Nigeria

Nigeria: Mineral production up 39.19% to 89.48m tonnes in 2021- NBS

August 9, 2022August 9, 2022 - by Prince Okedinachi - Leave a Comment

WorldStage Newsonline– The aggregate production of mineral products in Nigeria grew by 39.19 per cent from 64.29 million tons in 2020 to 89.48 million tonnes in 2021 according to the National Bureau of Statistics (NBS) Mineral Production Statistics report 2021 released in Abuja.

Energy / Nigeria

Nigeria: Losing 400,000 barrels daily to oil theft is a national emergency – Sylva

August 8, 2022August 8, 2022 - by Joseph Udo - Leave a Comment

WorldStage Newsonline– The Minister of State for Petroleum Resources, Dr Timipre Sylva has described the development where the country loses 400,000 barrels of crude daily via oil theft as a “national emergency”.