Chika Izuora

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Articles

Transcorp Power Posts 115% Pre-tax Profit, To Pay N37.5bn Dividend

Jan 24, 2025 | leadership.ng | Chika Izuora |Olushola Bello

Transcorp Power Plc’s revenue growth increased by 115 per cent from N142.1 billion recorded at the end of the 2023 financial year to N305.9 billion in 2024 as Gross profit also rose significantly by 89 per cent from N75.4 billion in 2023 to N142.2 billion while the company proposed a final total dividend of N26.25 billion.
Energy Expert Faults NERC System Of Electricity Tariffs Approval For DisCos

Jan 18, 2025 | leadership.ng | Chika Izuora

An energy consultant, Dikedinigbo Ejike has called on the Nigeria Electricity Regulatory Commission (NERC) to consider review and approval of electricity tariffs to all 12 Electricity Distribution Companies (DisCos) simultaneously to continue to enjoy the confidence of all Nigerians as a transparent and impartial regulator.
Eterna Plc Appoints Adeosun New MD/CEO

Jan 18, 2025 | leadership.ng | Chika Izuora

Eterna Plc has appointed Olumide Adeosun as the new managing director/CEO of Eterna Plc. According to a statement issued on Thursday by the company’s secretary/legal adviser, the appointment will take effect on February 3, 2025. The Board commends the outgoing MD/CEO, Abiola Lawal, who has resigned from the company, effective January 31, 2025, for his significant contributions and exemplary leadership during his tenure.
Asharami Energy Assures Safety Sustainability, Achieves Milestone On Asset Delivery

Jan 16, 2025 | leadership.ng | Chika Izuora

Asharami Energy has reached a significant safety milestone on its OML 148 asset, recording 4 million Lost Time Injury (LTI) free man-hours, over operations spanning 2,889 days with zero incident. This achievement underscores the company’s unwavering commitment to safety and underscores its dedication to ‘GOAL ZERO,’ that is, creating a secure and healthy environment for all stakeholders involved in Asharami Energy’s operations.
Gas Association President To Address 2025 World Summit

Jan 16, 2025 | leadership.ng | Chika Izuora

The Nigerian Gas Association (NGA) has been officially announced as an ‘Association Partner’ for the 29th World Gas Conference (WGC) 2025, which will take place from May 19 to 23 in Beijing, China. The WGC 2025 is organised by the International Gas Union (IGU) and hosted in 3-year intervals. It is the largest and most influential event in the global gas industry bringing together thousands of industry leaders, policymakers, gas executives, specialists, and exhibitors.
Summit To Showcase Nigeria’s Oil & Gas Local Content Strategy

Jan 14, 2025 | leadership.ng | Chika Izuora

The Sub-Saharan Africa International Petroleum Exhibition and Conference (SAIPEC) 2025 is focusing on local content development in Africa continent’s oil and gas industry. Specifically, the Nigerian Content Development and Monitoring Board (NCDMB) which drives the process in Nigeria will highlight successful implementation of the policy to over 6,000 local and international companies that have registered to attend the event in Nigeria.
Axxela's Strategic Reorganisation To Influence Energy Future Growth

Jan 14, 2025 | leadership.ng | Chika Izuora

Axxela Limited, has announced a bold organisational restructuring as part of its strategic commitment to accelerating growth and expanding market influence. This transformation to a group structure marks a significant milestone in the company’s journey to support Nigeria’s energy transition agenda, deliver increased customer value, and advance its pan-African expansion aspirations. Over the past two decades, Axxela has nurtured its subsidiary businesses into thriving, independent entities.
Geometric Power-NNPC Gas Supply Deal Improves Electricity Supply To Aba

Jan 13, 2025 | leadership.ng | Chika Izuora

The Southeastern Zone of the Electricity Consumers Association of Nigeria (ECAN) has lauded Aba Power for the radical improvement in recent times in electricity supply to the Aba Ring Fence, which comprises nine of the 17 local government areas (LGAs) in Abia State.
NACCIMA Urges Economic Reforms To Sustain MSMEs, Others

Jan 13, 2025 | nationaleconomy.com | Chika Izuora

The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) has called for urgent economic reforms to address imbalances threatening the private sector in the country. The association said fresh key fiscal policies have become necessary following unsatisfactory economic performance of 2024 especially as it affects the private sector.
Indigenous Energy Firms Seek Urgent Tax Reliefs, Funding Solutions

Jan 13, 2025 | nationaleconomy.com | Chika Izuora

Stakeholders in the Nigerian energy sector have called for urgent interventions such as tax reliefs and other innovative funding solutions to enable successful indigenous energy companies overcome their operational challenges.