Tag Archives: production

Nigeria’s daily average oil production rose by 152,000 barrels per day in November 2024, according to data sourced from the newly released monthly oil market report by the Organization of the Petroleum Exporting Countries, The data from OPEC MOMR for December 2024 showed that the country’s production, including condensates, rose by 11 percent, from 1.333 million barrels in October to …

Carmaker Stellantis will invest nearly €2 billion in Italian production next year and spend another €6 billion in the supply chain, the head of European operations told a government panel on Tuesday. ADVERTISEMENT Stellantis executives laid out prospects for Italian operations just weeks after the board forced former CEO Carlos Tavares to resign amid slumping sales. He is being replaced …

This is the second time this year the energy company has raised its output expectations. ADVERTISEMENT French energy firm EDF is forecasting nuclear production output at 358 to 364 terawatt-hours (TWh) this year, according to a statement published by the firm on Wednesday. That’s an uptick from the previous forecast of 340 to 360 TWh – and marks the second …

The National Agency for Food and Drug Administration and Control (NAFDAC) has issued a warning to bakeries across Nigeria, advising them against the use of saccharin and bromate in bread production. The Director-General of the agency, Prof. Mojisola Adeyeye, made the warning during her appearance on a News Forum.   She emphasized that bakeries caught using these substances would face …

Breakout screenwriter, Victoria Eze ‘Mz Vick’ explained that of all the stories she had in the works,  A Ghetto Love Story was the most affordable project to execute. What happens when a first-time screenwriter steps into Nollywood with a story about love, survival, and a little sprinkle of ‘shit’? You get A Ghetto Love Story, a film that’s got audiences …

Oprah Winfrey has finally explained the $1 million fee paid to her production company for a town hall event to support Kamala Harris’ presidential campaign.Before the election, Winfrey’s Harpo Productions helped stage a star-studded town hall event for the vice president in Michigan as the billionaire entertainment mogul endorsed Harris to be the next president of the United States. The Harris campaign …

Airline customers have grown increasingly upset over delays in getting new planes from Boeing – delays that started long before 33,000 machinists went on strike on 13 September. ADVERTISEMENT Boeing says it will be several weeks before it can fully resume building passenger planes, following the return of factory workers after a strike that lasted nearly two months. A Boeing …

In a recent interview with Hiptv, Alichi addressed the lack of recognition of Asaba actors by mainstream Nollywood. She also confirmed that Asaba filmmakers invest less in film production than their Lagos counterparts. “The only difference I see here is maybe in the making of the movie. Lagos tends to take their time especially the use of props. There in …

Toyota is pushing back the start date for electric vehicle (EV) manufacturing in the US, as global demand for battery-powered cars continues to soften. The Japanese motor industry giant was aiming to start production in late 2025 or early 2026. Toyota now expects to launch its US EV operation at an unspecified time in 2026, a company spokesperson told BBC …