Global

NNPC crashes diesel price nationwide by 42%
Energy

NNPC crashes diesel price nationwide by 42%

The price of Automotive Gas Oil (AGO), also known as Diesel, has crashed to about 42% nationwide, a huge downslide over the last six months, following key strategic interventions by the Nigerian National Petroleum Corporation (NNPC). It would be recalled that in the first quarter 2017, retail prices of AGO, […]

Global

SolarNow set to open first branch in Kenya

A Uganda-based solar energy company SolarNow is set to open its first branch in Kenya on June 20th. In just five years, the company supplied solar energy to 20,000 households, schools and companies. SolarNow is said to have created 420 jobs in Uganda since 2011 and is determined to replicate […]

Media survey says Facebook is number one news source
Global

Media survey says Facebook is number one news source

A recent media survey has adjudged Facebook as a leading news source edging out legacy traditional media sources and significantly outpacing other social networks/digital platforms like Google and Twitter. The Ogilvy Media Influence’s annual global survey of over 250 reporters and editors said the social media platform leads the trail. […]

Exxon to go ahead with Liza Field investment
Energy

Exxon to go ahead with Liza Field investment

Exxon Mobil Corporation said it will proceed with the first phase of development for the Liza field, one of the largest oil discoveries of the past decade, located offshore Guyana. The company also announced positive results from the Liza-4 well, which encountered more than 197 feet (60 meters) of high-quality, […]

Etisalat UAE allegedly pulls out of Etisalat Nigeria
Global

Etisalat UAE allegedly pulls out of Etisalat Nigeria

There are unconfirmed reports that Etisalat UAE, a Dubai-based Mubadala company has pulled out of Etisalat Nigeria. An unconfirmed report published by PremiumTimes, a local news website said the UAE company has finally pulled the plug. It would be recalled that Etisalat UAE had notified its Nigerian unit where it […]