ADVERTISEMENT
  • Africa
  • World
  • Our Shows
    • Entrepreneurship
    • Destination Business
    • 101business TV Show
Business 360 News
  • Home
  • Africa
    • East Africa
    • West Africa
    • South Africa
  • News
    • Feature
  • Economy
    • Maritime
    • Agriculture
      • Agribusiness
    • Energy
      • Electricty
      • Oil
      • Petrol
      • Gas
  • Finance
    • Insurance
    • Tax
    • Real Estate
  • Capital Market
  • Tech
    • ICT
    • Solar Energy
    • Electric Vehicles
    • Blockchain
    • IoT
    • AI
    • EV
  • SMEs
    • Success Stories
    • Start-Ups
    • Entrepreneurship
  • Global Economy
    • UK
    • US
    • Russia
    • CHINA
    • Japan
  • Business 360 Weekly
No Result
View All Result
  • Home
  • Africa
    • East Africa
    • West Africa
    • South Africa
  • News
    • Feature
  • Economy
    • Maritime
    • Agriculture
      • Agribusiness
    • Energy
      • Electricty
      • Oil
      • Petrol
      • Gas
  • Finance
    • Insurance
    • Tax
    • Real Estate
  • Capital Market
  • Tech
    • ICT
    • Solar Energy
    • Electric Vehicles
    • Blockchain
    • IoT
    • AI
    • EV
  • SMEs
    • Success Stories
    • Start-Ups
    • Entrepreneurship
  • Global Economy
    • UK
    • US
    • Russia
    • CHINA
    • Japan
  • Business 360 Weekly
No Result
View All Result
Business 360 News
No Result
View All Result
Home Energy

Tetracore Opens 60,000 SCMD CNG Facility in Ogun

Victoria Emeto by Victoria Emeto
February 26, 2026
in Energy
0
Tetracore Opens 60,000 SCMD CNG Facility in Ogun

Tetracore Energy Group, through its subsidiary Tetracore CNG Solutions Limited, has inaugurated a 60,000 Standard Cubic Metres per Day Auto Compressed Natural Gas facility in Ogun State.

The company said the development marks a significant investment in clean energy infrastructure along the busy Lagos–Ibadan industrial corridor.

In a statement made available to The PUNCH, Tetracore noted that the facility is strategically located to serve transporters, logistics operators, manufacturers, and businesses within Ogun State and neighbouring regions.

With an installed capacity of 60,000 SCMD, the plant is expected to fuel more than 100 vehicles daily. This is projected to ease supply constraints for buses, trucks, and other commercial CNG-powered vehicles.

Operators said the project would help reduce fuel costs and support Nigeria’s emission reduction goals by promoting compressed natural gas as a reliable alternative to conventional fuels.

Speaking at the commissioning, the Managing Director of Tetracore Energy Group, Dayo Williams, described the project as both an infrastructure milestone and a community investment.

“The commissioning of this auto CNG facility represents our unwavering commitment to delivering practical energy solutions that power businesses, lower transportation costs, and strengthen Nigeria’s energy security,” he said.

“This is not just a fuelling station; it is critical infrastructure that supports cleaner mobility, industrial productivity, and long-term economic growth. We are proud to be playing a leading role in driving the nation’s transition to sustainable energy.”

Williams added that for residents of the host community in Ogere, the project represents jobs, opportunities, and long-term economic inclusion.

The Ologere of Ogere, Oba James Saliu, welcomed the development, describing it as a turning point for the community.

“This project brings development, employment, and opportunity to our people. We are pleased that Tetracore Energy Group has chosen Ogere as the home of this important clean energy initiative,” he said.

According to the statement, the Ogere plant forms part of the company’s broader strategy to expand its midstream and downstream gas distribution network nationwide, including compressed natural gas, piped natural gas, liquefied natural gas, and gas-to-power solutions.

The company said the inauguration signals its commitment to powering progress, strengthening energy security, and building a cleaner, more sustainable future for Nigeria.

Tags: #CleanEnergy#CNG#Energy#OgunState
Previous Post

KPMG Appoints Tola Adeyemi as Africa CEO, Names Two to Governance Council

Next Post

Recapitalisation Deadline Looms as 13 Banks Race to Meet CBN Capital Threshold

Victoria Emeto

Victoria Emeto

Next Post
Recapitalisation Deadline Looms as 13 Banks Race to Meet CBN Capital Threshold

Recapitalisation Deadline Looms as 13 Banks Race to Meet CBN Capital Threshold

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest
FMDQ Exchange Admits Flour Mills of Nigeria’s ₦30.00bn Commercial Paper Notes

FMDQ Admits TSL SPV PLC ₦12.00 billion Series 1 Guaranteed Fixed Rate Infrastructure Bond to its Platform

March 11, 2021
NIBSS Downtime Causes Delays in Electronic Transactions, Fintechs Alert Customers

NIBSS Downtime Causes Delays in Electronic Transactions, Fintechs Alert Customers

June 7, 2024
Asian Stocks Hit Record High as US Tech Rebound Lifts Market Sentiment

Asian Stocks Hit Record High as US Tech Rebound Lifts Market Sentiment

February 10, 2026
NCAC inaugurates Creative Industry Sub-Committees

NCAC inaugurates Creative Industry Sub-Committees

September 20, 2020
‘The existence of a production hub in Nigeria will go a long way for the Fashion Industry’. FUNMI RUFAI LADIPO, President Fashion Designers Association of Nigeria.(FADAN)

‘The existence of a production hub in Nigeria will go a long way for the Fashion Industry’. FUNMI RUFAI LADIPO, President Fashion Designers Association of Nigeria.(FADAN)

25
Goldlink’s restructures board

Goldlink’s restructures board

10
Airtel Africa Plc gets admitted to the NSE Main Board

Airtel Africa Plc gets admitted to the NSE Main Board

6
Stallion Tank Farm resumes operations

Stallion Tank Farm resumes operations

3
Wema Bank to Host 2026 IWD Grand Event on March 4

Wema Bank upgrades ALAT and introduces voice banking with AI assistant

September 3, 2026
UBA Unveils Aggregator Sales Structure to Boost RedPay POS, Agency Banking Network

UBA expands digital banking with instant account-opening platform

September 3, 2026
Dollar Inflows Surge to $4.37 Billion as Nigeria’s FX Market Gains Momentum

CBN cuts Treasury Bills yield below 17% as investors submit ₦3.35tn in bids

September 3, 2026
GTCO, Zenith, First Holdco, Aradel, MTNN, Dangote Cement, others make FTSE Russell eligible stocks for Frontier Index Series

GTCO, Zenith, First Holdco, Aradel, MTNN, Dangote Cement, others make FTSE Russell eligible stocks for Frontier Index Series

September 3, 2026
Business 360 News

Business 360 News is a Business and Financial News Platform with an SMEs drive. Published by 360 Network Limited, and created with the aim of disseminating unbiased business stories to readers within and outside Nigeria, providing in-depth analysis of our stories from a critical perspective against the backdrop of realities, actualities, objectivity and balance.

Follow Us

Browse by Category

  • Africa
  • Agribusiness
  • Agriculture
  • AI
  • Art
  • Arts
  • Aviation
  • Banking
  • Blockchain
  • Business 360 Weekly
  • Business news
  • Business Travels
  • Capital Market
  • CHINA
  • Corporate
  • Cryptocurrency
  • Destination Business
  • East Africa
  • Economy
  • Education
  • Electric Vehicles
  • Electricty
  • Energy
  • Entertainment
  • Entertainment
  • Entrepreneurship
  • EV
  • Fashion
  • Fashion
  • Feature
  • Finance
  • Gas
  • Global Economy
  • Health
  • Hospitality
  • ICT
  • Insurance
  • IoT
  • Japan
  • Lifestyle
  • Luxury
  • Maritime
  • Meetings
  • Mortgage
  • News
  • NGOs
  • Oil
  • Petrol
  • Political Economy
  • politics
  • Real Estate
  • Real Estate
  • SMEs
  • Society
  • Solar Energy
  • South Africa
  • Sports
  • Start-Ups
  • Stocks
  • Success Stories
  • Tax
  • Tech
  • Tourism
  • Transportation
  • UK
  • Uncategorized
  • US
  • West Africa
  • World

Recent News

Wema Bank to Host 2026 IWD Grand Event on March 4

Wema Bank upgrades ALAT and introduces voice banking with AI assistant

September 3, 2026
UBA Unveils Aggregator Sales Structure to Boost RedPay POS, Agency Banking Network

UBA expands digital banking with instant account-opening platform

September 3, 2026
  • Africa
  • World
  • Our Shows

© Business 360 News - Business, Finance And SMEs News | Design by Manifest!

No Result
View All Result
  • Home
  • Africa
    • East Africa
    • West Africa
    • South Africa
  • News
    • Feature
  • Economy
    • Maritime
    • Agriculture
      • Agribusiness
    • Energy
      • Electricty
      • Oil
      • Petrol
      • Gas
  • Finance
    • Insurance
    • Tax
    • Real Estate
  • Capital Market
  • Tech
    • ICT
    • Solar Energy
    • Electric Vehicles
    • Blockchain
    • IoT
    • AI
    • EV
  • SMEs
    • Success Stories
    • Start-Ups
    • Entrepreneurship
  • Global Economy
    • UK
    • US
    • Russia
    • CHINA
    • Japan
  • Business 360 Weekly

© Business 360 News - Business, Finance And SMEs News | Design by Manifest!