Business and Economy
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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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Monetary policy reforms will check inflationary tide, check foreign exchange distortions – CBN
CBN Governor, Yemi Cardoso By Kadiri Abdulrahman Abuja, Feb. 27, 2024 The Central Bank of Nigeria (CBN), says its on-going…
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Aba IPP comes on stream, 20 years after conception
By Ijendu Iheaka Aba (Abia) Feb. 27, 2024 The Aba Integrated Power Project (IIP), owned by the Geometric Power Group…
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Stampede: NCS suspends distribution of rice
By Martha Agas Abuja, Feb. 26, 2024 The Nigeria Customs Service (NCS) has suspended its food disposal initiative following a…
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CBN amends FX rates for customs duty on importation
By Kadiri Abdulrahman Abuja, Feb. 23, 2024 The Central Bank of Nigeria (CBN), has reviewed the formula for fixing foreign…
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Senate confirms Cardoso, others as chairman, members of Monetary Policy Committee
By Naomi Sharang Abuja, Feb. 22, 2024 The Senate on Thursday confirmed the Governor of the Central Bank of Nigeria…
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NLNG, LCCI seek business community’s collaboration to promote respiratory technologies for newborns
By Abiodun Azi and Funmilola Gboteku Lagos, Feb. 21, 2024 The Nigeria LNG Limited (NLNG) and Lagos Chamber of…
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DMO raises N1.4 trn in FGN bonds February auction
By Kadiri Abdulrahman Abuja, Feb. 20, 2024 The Debt Management Office (DMO) said on Tuesday that it raised N1.495…
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Abia Govt to build tuition-free schools for skills acquisition; Geometric Power Generating Company to be commissioned Saturday
By Ihechinyere Chigemeri-Uwom Umuahia, Feb. 19,2024 The Abia Government says that plans are under way to set up tuition-free schools…
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Dangote Cement trucks wrongfully intercepted in Adamawa – Management
…We don’t need to export to Cameroun where we have an existing cement plant The management of Dangote Cement Plc…
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SERAP gives NNPCL 7 days to account for ‘missing $2.04bn, N164bn oil revenues’
Socio-Economic Rights and Accountability Project (SERAP) has urged Mr. Mele Kolo Kyari, Group Chief Executive Officer (GCEO) of the Nigerian…
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Local Content: NCDMB holds knowledge-sharing session with Mozambique
In keeping with Nigeria’s leadership role in the development of Local Content in Africa, the Nigerian Content Development and Monitoring…
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