Business and Economy
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Uzodimma, Oramah meet, explore investment potentials in Imo
Governor Hope Uzodimma of Imo State has met with the President of Africa Export Import ( Afrexim) Bank, Prof Benedict…
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Undersea cable cut: Mainone declares force majeure, explains steps for restoration
By Stellamaris Ashinze Lagos, March 15, 2024 MainOne, a Digital Infrastructure Service Provider, on Friday declared a force majeure, and…
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UTM solicits NCDMB’s equity investment, approvals for Floating LNG Project
UTM Offshore Limited, promoters of Nigeria’s first Floating Liquefied Natural Gas (FLNG) facility has requested the Nigerian Content Development and…
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FG’s Executive Order on Oil and Gas will unlock gas investments – NLNG MD
The Managing Director and Chief Executive Officer of Nigeria LNG Limited (NLNG), Dr. Philip Mshelbila, on Tuesday, expressed optimism regarding…
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NCDMB lauds President Tinubu’s oil sector Executive Orders for reinforcing NOGICD Act, SLA
The Executive Secretary (ES) of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe on Monday applauded…
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NNPC Ltd solicits EFCC’s support in fight against crude oil theft
The Nigerian National Petroleum Company Limited (NNPC Ltd.) has appealed to the Economic and Financial Crimes Commission (EFCC) to help…
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Heirs Holdings to lead Africa’s digital evolution, launches Heirs Technologies
Lagos, Nigeria – 11/03/2024 Heirs Holdings, a leading African investment company dedicated to improving lives and transforming Africa through strategic…
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Revoke unlawful directive to block Nigerians’ phone lines or face legal action, SERAP tells NCC
Socio-Economic Rights and Accountability Project (SERAP) has urged Dr. Aminu Maida, the Chief Executive Officer of the Nigerian Communications Commission…
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Only the President can reopen borders – Customs boss
By Abbas Bamalli Mai’adua (Katsina State), March 9, 2024 The Comptroller-General of Customs, Mr. Adewale Adeniyi, on Saturday, said that…
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NASCON Allied Industries declares a dividend, and bonus as Profit grows by 151%
Leading food seasoning manufacturer, NASCON Allied Industries has gained more market share even as its profit after tax (PAT) rose…
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CBN reports upsurge in Dollar inflow as remittances quadruple; Foreign investors return
ABUJA The Central Bank of Nigeria (CBN) has reported a significant increase in foreign exchange inflow into the economy in…
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Tinubu signs Executive Orders on oil, gas reforms
President Bola Ahmed Tinubu has executed Policy Directives to improve the investment climate and position Nigeria as the preferred investment…
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Afreximbank tops loan market rankings in Bloomberg’s 2023 Capital Markets league tables for Sub-Saharan Africa
CAIRO, Egypt, March 4, 2024 African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has been ranked number one in all three categories in the…
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Enforce anti-gas flaring regulations in Niger Delta, Nwoko tells FG
By Deborah Coker Abuja, March 5, 2024 Senator Ned Nwoko has called on the Federal Government to urgently enforce the…
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Transcorp Power lists 7.5bn shares on NGX
Management team of Transcorp Power, NGX at the listing of the company on the Exchange on Monday in Lagos By…
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Market capitalisation gains N1.86trn as TransPower lists on NGX
By Rukayat Adeyemi Lagos, March 4, 2024 The Nigerian Exchange Ltd.(NGX) equity market on Monday opened positively, as gains in…
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Transcorp Group announces listing of Transcorp Power PLC on Nigerian Exchange
Transnational Corporation Plc (Transcorp Group) wishes to announce the listing of its subsidiary, Transcorp Power Plc (Transcorp Power or TP…
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Tinubu welcomes multi-sectoral agreements with Qatar; Set to receive Qatar’s investment team in Abuja
President Bola Ahmed Tinubu, and His Highness, Sheikh Tamim bin Hamad Al Thani, Emir of the State of Qatar, on…
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Investors oversubscribe CBN N1 Trillion OMO Bills
ABUJA The Central Bank of Nigeria (CBN), on Friday, March 1, 2024, successfully concluded a sale of government securities, issuing…
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Geometric Power, National Control Centre map out programme on electricity supply to Aba
Geometric Power Ltd and the National Control Centre (NCC) at Oshogbo in Osun State have developed a timetable on how…
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Gas needed to meet demands of industrialisation in Africa – NLNG
Nigeria LNG Limited (NLNG) on Thursday in Abuja said there is real demand for clean energy such as gas in…
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NNPC Ltd advocates collaborative war room to tackle challenges faced by independent producers
The Nigerian National Petroleum Company Limited (NNPC Ltd) has called for deeper collaboration among upstream operators, especially independent producers, to…
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Minister inaugurates NCDMB Governing Council, pledges to increase local content achievements
The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri on Thursday in Abuja inaugurated the 4th Governing Council…
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Nigeria gets 60% Afreximbank energy sector funding – Oramah; Says Africa Energy Bank coming
By Emmanuella Anokam Abuja, Feb. 28, 2024 The African Export-Import Bank (Afreximbank), says Nigeria is among the largest beneficiaries accounting…
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NLNG advocates enhanced digitalisation in the Nigerian energy sector
Nigeria LNG Limited (NLNG) on Tuesday in Abuja called on players in the Nigerian energy industry to draw insights from…
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