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Published on Dec 4, 2024

Africa Energy Bank rakes in $2.5bn, to commence operations March 2025

By Adewale Sanyaolu Barring any last minute change, the $5 billion Africa Energy Bank (AEB) is set to commence operations by March 2025. The AEB is being established by Africa Petroleum Producers Organisation(APPO) in collaboration with the Afriexim Bank. …

Source: The Sun Nigeria - Uncategorized
Published on Dec 4, 2024

Senate approves MTEF/FSP, probes NNPCL over N8.4tr subsidy funds

Confirms Oluyede as COAS Preparatory to the 2025 budget presentation by President Bola Tinubu before the joint session of the National Assembly, the Senate, yesterday, approved the 2025-2027 Medium Term Expenditure Framework (MTEF) and Fiscal Strategy …

Source: The Guardian (Nigeria) - Uncategorized
Published on Dec 4, 2024

Senate Passes 2025-27 MTEF-FSP, Probes NNPCL Over N11.54tn Subsidy Funds, Unremitted Taxes

Sunday Aborisade in Abuja The Senate yesterday passed the 2025-2027 Medium-Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP). The essence of MTEF-FSP is to provide a comprehensive, multi-year plan for government spending, outlining revenue …

Source: This Day - Pro-Government
Published on Dec 3, 2024

Seplat reacts to allegations of land encroachment in Delta communities

Seplat Energy JV on Tuesday denied encroaching on land belonging to Abigborodo and Obotie communities in Warri North and Sapele Local Government Area in Delta State. A statement from Stanley Opara, the manager of corporate Communications, External Affairs …

Source: Premium Times - Neutral
Published on Dec 3, 2024

Senate Approves MTEF, Launches Probe Into NNPCL’s Withheld ₦8.48 Trillion Subsidy Funds

The approval followed a report presented by the Senate’s joint Committees on Finance and National Planning and Economic Affairs, chaired by Senator Sani Musa (APC, Niger East). The Senate also initiated a probe into allegations from the Revenue …

Source: Naija News - Uncategorized
Published on Dec 3, 2024

Senate Passes 2025-27 MTEF/FSP, Probes NNPCL Over N11.54tn Subsidy Funds, Unpaid Taxes

Sunday Aborisade in Abuja The Senate Tuesday passed the 2025 – 2027 Medium-Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP). The essence of the MTEF-FSP (Medium Term Expenditure Framework and Fiscal Strategy Paper) is to provide a …

Source: This Day - Pro-Government
Published on Dec 3, 2024

Senate approves MTEF, probes NNPCL N8.4trn withheld subsidy funds

As President Bola Tinubu prepares to present the 2025 Appropriation Bill to the National Assembly this week, the Senate, on Tuesday, approved the 2025–2027 Medium Term Expenditure Framework and Fiscal Strategy Paper submitted earlier by the President. This …

Source: Punch - Uncategorized
Published on Dec 3, 2024

MTEF/FSP: Senate Investigates NNPCL Over Missing N8.4trn Subsidy Funds

…Approves Fiscal Plan For 2025 ABUJA – As the National Assembly awaits the presentation of the 2025 budget by President Bola Tinubu, the Senate on Tuesday mandated its Committees on Finance; Petroleum (Upstream) and Petroleum (Downstream) as well as Gas to …

Source: Independent - Label Pending
Published on Dec 3, 2024

Senate probes N8.4t withheld subsidy fund by NNPCL, passes MEET/FSP

The Senate has resolved to investigate allegations of withheld funds by the Nigerian National Petroleum Company Limited, including NGN 8.48 trillion in petrol subsidies, and $2 billion (NGN 3.6 trillion) in unpaid taxes. This is even as the Senate passed …

Source: Eagle Online - Neutral
Published on Dec 2, 2024

Nigerian Newspapers: Top Stories For Today (02/12/24)

Read the full details on our digital edition when you join our WhatsApp Communities here. Here are the major headlines for today: ‘With N13.8trn Deficit, FG May Return To Ways And Means Advances … Experts Canvass Listing Assets To Raise Equity Lagos, Abuja …

Source: Independent - Label Pending

28 days 09:56:33

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Published on December 4, 2024 - 12:14 GMT

Distributed Energy Resource Management System Market Growth Driven by Renewables, Smart Grids, and Tech, Led by Solar PV

The DERMS market is expanding rapidly due to increased renewable energy adoption, smart grid integration, and advancements in IoT and analytics. AUSTIN, TX, UNITED STATES, December 4, 2024 /⁨EINPresswire.com⁩/ -- The Distributed Energy Resource …

Distribution channels: Energy Industry ...
Published on December 4, 2024 - 08:04 GMT

Energy Transition Market Estimation to Hit $5.6 trillion by 2031

Global Energy Transition Market projected to grow at a CAGR of 9.3% from 2022 to 2031 WILMINGTON, DE, UNITED STATES, December 4, 2024 /⁨EINPresswire.com⁩/ -- According to a new report published by Allied Market Research, The global energy …

Distribution channels: Business & Economy, Energy Industry ...

Published on December 4, 2024 - 17:42 GMT

Parallax Energy Closes Acquisition of Vesta Energy Ltd.

CALGARY, Alberta, Dec. 04, 2024 (GLOBE NEWSWIRE) -- Parallax Energy Operating Inc., a wholly owned subsidiary of Parallax Energy, L.P. (collectively “Parallax”), today closed the acquisition of Vesta Energy Ltd. (the “Acquisition”), a private producer with …

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Published on December 4, 2024 - 08:29 GMT

Solar Concentrator Market Estimate to Hit $24.6 Billion by 2031

Global Solar Concentrator Market projected to grow at a CAGR of 16.8% from 2022 to 2031 WILMINGTON, DE, UNITED STATES, December 4, 2024 /⁨EINPresswire.com⁩/ -- According to a new report published by Allied Market Research, the solar …

Distribution channels: Business & Economy, Energy Industry ...

Published on December 4, 2024 - 17:39 GMT

The Global Energy Management System Market Size Reach USD 161.9 Billion by 2030 Growing with CAGR of 16.2%

Constrained energy supply and increased energy cost due to volatility in energy prices are expected to fuel the market growth. WILMINGTON, DE, UNITED STATES, December 4, 2024 /⁨EINPresswire.com⁩/ -- Allied Market Research published a new report, …

Distribution channels: Electronics Industry, Energy Industry ...
Published on December 4, 2024 - 13:46 GMT

Ignite Power’s Subsidiary Westa Solar Secures $15 Million Investment from AFRIGREEN to Expand Across Africa’s C&I Sector

Ignite Power secures $15M from Afrigreen to expand solar energy in West Africa’s C&I sector, leveraging innovative tech and financing to drive sustainability LAGOS, NIGERIA, December 4, 2024 /⁨EINPresswire.com⁩/ -- Ignite Power has secured $15 …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on December 4, 2024 - 10:44 GMT

Electric Commercial Vehicle Market to Hit $ 521.92 Billion by 2032 Owing to Rising E-Commerce & Zero-Emission Initiative

Electric Commercial Vehicle Market is driven by stringent emission regulations, advancements in battery technology, & demand for sustainable logistics solutions AUSTIN, TX, UNITED STATES, December 4, 2024 /⁨EINPresswire.com⁩/ -- Electric …

Distribution channels: Automotive Industry ...
Published on December 4, 2024 - 21:37 GMT

FTC Solar Announces Closing of Promissory Note Private Placement

AUSTIN, Texas, Dec. 04, 2024 (GLOBE NEWSWIRE) -- FTC Solar, Inc. (Nasdaq: FTCI), a leading provider of solar tracker systems, today announced that it has closed a previously announced private placement of senior secured promissory notes (the “Notes”) in an …

Distribution channels: Technology ...

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Published on December 4, 2024 - 23:30 GMT

Global Air Insulated Switchgear Market: Key Trends, Market Share, Growth Drivers, and Forecast for 2024-2033

The Business Research Company’s Early Year-End Sale! Get up to 30% off detailed market research reports—for a limited time only! LONDON, GREATER LONDON, UNITED KINGDOM, December 5, 2024 /⁨EINPresswire.com⁩/ -- The Business Research Company’s Early …

Distribution channels: Business & Economy, Companies ...
Published on December 4, 2024 - 23:30 GMT

The Air Separation Unit Global Market is Projected to Reach $7.02 billion by 2028

The Business Research Company’s Early Year-End Sale! Get up to 30% off detailed market research reports—for a limited time only! LONDON, GREATER LONDON, UNITED KINGDOM, December 5, 2024 /⁨EINPresswire.com⁩/ -- Take advantage of The Business …

Distribution channels: Business & Economy, Companies ...
Published on December 4, 2024 - 21:50 GMT

Triangle Math and Science Academy Unveils New STEAM Lab

State-of-the-art classroom prepares students for high-paying jobs after high school CARY, NC, UNITED STATES, December 4, 2024 /⁨EINPresswire.com⁩/ -- 𝐎𝐧 𝐓𝐮𝐞𝐬𝐝𝐚𝐲, 𝐃𝐞𝐜𝐞𝐦𝐛𝐞𝐫 𝟏𝟕𝐭𝐡 𝐚𝐭 𝟏𝟎:𝟎𝟎 𝐀𝐌, Triangle Math and Science Academy Elementary Campus (Cary) …

Distribution channels: Business & Economy, Education ...
Published on December 4, 2024 - 20:30 GMT

Arcus Power Launches Power Market Data Solutions on Snowflake Marketplace

Customers can now access Arcus Power’s comprehensive power market data for advanced analytics and informed decision-making CALGARY, ALBERTA, CANADA, December 4, 2024 /⁨EINPresswire.com⁩/ -- Arcus Power today announced the launch of its Power …

Distribution channels: Agriculture, Farming & Forestry Industry, Automotive Industry ...
Published on December 4, 2024 - 18:24 GMT

Infopine Inc. Launches Industry-Specific Distribution ERPs for U.S. Textile, PCB, and Electrical Markets

Infopine Inc. has launched its DistFlow ERP suite in the U.S., tailored for textile, apparel, PCB, and electrical distributors. NC, UNITED STATES, December 4, 2024 /⁨EINPresswire.com⁩/ -- Infopine Inc., a globally recognized leader in ERP …

Distribution channels: Electronics Industry, Energy Industry ...
Published on December 4, 2024 - 17:55 GMT

HERO Releases White Paper on the Value of Investing in People and Culture

An intentional focus on an employer’s people and culture can drive business success RALEIGH, NC, UNITED STATES, December 4, 2024 /⁨EINPresswire.com⁩/ -- The Health Enhancement Research Organization (HERO) has published a new white paper, titled …

Distribution channels: Business & Economy, Companies ...
Published on December 4, 2024 - 17:39 GMT

The Global Energy Management System Market Size Reach USD 161.9 Billion by 2030 Growing with CAGR of 16.2%

Constrained energy supply and increased energy cost due to volatility in energy prices are expected to fuel the market growth. WILMINGTON, DE, UNITED STATES, December 4, 2024 /⁨EINPresswire.com⁩/ -- Allied Market Research published a new report, …

Distribution channels: Electronics Industry, Energy Industry ...
Published on December 4, 2024 - 17:06 GMT

Hadley McClellan Schafer Launches HMS Event Operations, a Full-Scale Conference and Event Strategic Consultancy Company

Hadley McClellan Schafer, a seasoned event professional, has launched HMS Event Operations, a full-scale conference and event strategic consultancy firm. HOUSTON, TX, UNITED STATES, December 4, 2024 /⁨EINPresswire.com⁩/ -- Hadley McClellan …

Distribution channels: Business & Economy, Companies ...
Published on December 4, 2024 - 16:48 GMT

Collaboration between the Middle East Facility Management Association (MEFMA) and the Kuwait Society of Engineers

A Commitment to Shaping a Sustainable Future for the Facility Management industry DUBAI, DUBAI, UNITED ARAB EMIRATES, December 4, 2024 /⁨EINPresswire.com⁩/ -- As part of its ongoing efforts to advance the facility management industry and lead it …

Distribution channels: Building & Construction Industry, Business & Economy ...
Published on December 4, 2024 - 14:27 GMT

SDI Events and Defense News Announce Applications Open for 2025 Space and Defense Innovator Awards

Awards to honor leaders advancing aerospace and defense innovation across government, industry, and academia AUSTIN, TX, UNITED STATES, December 4, 2024 /⁨EINPresswire.com⁩/ -- The Space and Defense Innovator of the Year Awards (SDI Awards) …

Distribution channels: Aviation & Aerospace Industry, Business & Economy ...
Published on December 4, 2024 - 13:46 GMT

Ignite Power’s Subsidiary Westa Solar Secures $15 Million Investment from AFRIGREEN to Expand Across Africa’s C&I Sector

Ignite Power secures $15M from Afrigreen to expand solar energy in West Africa’s C&I sector, leveraging innovative tech and financing to drive sustainability LAGOS, NIGERIA, December 4, 2024 /⁨EINPresswire.com⁩/ -- Ignite Power has secured $15 …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on December 4, 2024 - 13:43 GMT

Clear Brine Fluids Industry: Key Applications, Challenges, and Market Projections, 2027

The global clear brine fluids market size is projected to reach $1.3 billion by 2027, growing at a CAGR of 3.6% from 2020 to 2027 WILMINGTON, DE, UNITED STATES, December 4, 2024 /⁨EINPresswire.com⁩/ -- The global clear brine fluids market was …

Distribution channels: Business & Economy, Energy Industry ...
Published on December 4, 2024 - 13:36 GMT

Stratview Research Publishes New Thought Leadership Report Offering a Commercial Perspective into Carbon Fiber Recycling

The CF recycling market will be worth more than $400 million by 2030, with ~30 kilotons of recycled CF being consumed annually across different industries. DETROIT, MI, UNITED STATES, December 4, 2024 /⁨EINPresswire.com⁩/ -- Stratview Research, a …

Distribution channels: Aviation & Aerospace Industry, Chemical Industry ...
Published on December 4, 2024 - 13:30 GMT

Strategic partnership agreement between Hypertherm Associates and BLM GROUP

HANOVER, N.H. AND CANTÙ, ITALY, NH, UNITED STATES, December 4, 2024 /⁨EINPresswire.com⁩/ -- Hypertherm Associates and BLM GROUP announce a strategic partnership agreement aimed at expanding the market reach of their respective solutions. The two …

Distribution channels: Agriculture, Farming & Forestry Industry, Automotive Industry ...
Published on December 4, 2024 - 13:16 GMT

Pv Ess Charger Integrated Energy Solution Market Future Business Opportunities 2024-2031

BURLINGAME, CA, UNITED STATES, December 4, 2024 /⁨EINPresswire.com⁩/ -- The Latest research report on the Pv Ess Charger Integrated Energy Solution Market 2024 provides a comprehensive analysis of the current market landscape, with forecasts …

Distribution channels: Energy Industry ...
Published on December 4, 2024 - 13:16 GMT

Digital Oilfield Market Growth Driven by Efficiency, Safety, and Optimization Technologies

The Digital Oilfield Market is expanding due to technological advancements in efficiency and safety, with process optimization leading. AUSTIN, TX, UNITED STATES, December 4, 2024 /⁨EINPresswire.com⁩/ -- The Digital Oilfield Market size was valued …

Distribution channels: Energy Industry ...
Published on December 4, 2024 - 13:10 GMT

Hydropower Generation Market Forecast: Key Trends, Drivers, and Regional Impacts (2024-2031)|Elliott Group, TURBOCAM

Hydropower generation market size was valued at US$ 237.95 billion in 2023 and is anticipated to witness a compound annual growth rate (CAGR) of 5.9% . BURLINGAME, CA, UNITED STATES, December 4, 2024 /⁨EINPresswire.com⁩/ -- The Latest research …

Distribution channels: Energy Industry ...
Published on December 4, 2024 - 13:10 GMT

Global Oilfield Services Market is Going to Booming Growth 2024 With Top Key Players Analysis Through 2031| Transocean

Global oilfield services market is estimated to be valued at USD 134.0 Bn in 2024 and is expected to reach USD 168.77 Bn by 2031, BURLINGAME, CA, UNITED STATES, December 4, 2024 /⁨EINPresswire.com⁩/ -- The Latest research report on the Global …

Distribution channels: Energy Industry ...
Published on December 4, 2024 - 13:10 GMT

Energy Storage as a Service Market Size 2024-2031 Industry Overview and Global Forecast|Quidnet Energy, Redflow, Renault

Global energy storage as a service market is estimated to be valued at USD 1.81 Bn in 2024 and is expected to reach USD 3.71 Bn by 2031, BURLINGAME, CA, UNITED STATES, December 4, 2024 /⁨EINPresswire.com⁩/ -- The Latest research report on the …

Distribution channels: Energy Industry ...
Published on December 4, 2024 - 12:15 GMT

Drone Battery Market Set to Soar with Advancements in Energy Efficiency Size, and Growth Insights Report 2024 - 2031

The drone battery market is expanding rapidly, advancements in battery life, energy efficiency, and the growing demand for commercial and recreational drones. BURLINGAME, CA, UNITED STATES, December 4, 2024 /⁨EINPresswire.com⁩/ -- According to a …

Distribution channels: Energy Industry