FG unveils first ever creative SME film tech academy

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As part of measures to further empower, create wealth, and reduce poverty among Nigerian youths, the SMEDAN Idea Film Academy has trained over 200 persons since 2022. The founder of the academy, Mr. Adeolu Adeyemo, made this known during a news conference in Abuja. The news conference was also to premiere the movie “Fitila” during … Read more

New electricity regime : Unmetered customers shouldn’t be migrated to higher tariff band – FCCPC 

Acting Executive Vice Chairman/ Chief Executive Officer of FCCPC, Dr. Adamu Abdullahi,

The Federal Competition and Consumer Protection Commission (FCCPC) has called on the Nigerian Electricity Regulatory Commission (NERC) not to allow Distribution Companies (DisCos) to migrate unmetered consumers to a higher tariff band. The FCCPC, which commended the decision of NERC to impose N200 million fine on Abuja Electricity Distribution Company (AEDC) for infractions in the … Read more

Edo refinery receives 15,000 barrels of crude for production

Edo Refinery

The Edo Refinery has confirmed receipt of a total of 15,000 barrels of crude oil in 2024 for production from the Oza Oil Field operated by Decklar Resources Inc. and its co-venturer, Millenium Oil & Gas Company Limited. The Chief Executive Officer of Decklar Resources, Sanmi Famuyide who disclosed this in a statement, noted that … Read more