Africa Energy Bank (AEB), a collaborative effort between Afreximbank and the African Petroleum Producers Organization (APPO), is set for launch with an asset base of… Read More »Africa Energy Bank to take off with $5bn asset base, $120bn projected in 5 years
In accordance with the company’s instructions, the new price went into effect on Thursday, February 13. The pricing change was confirmed by attendants at a… Read More »NNPC Lowers Fuel Price
The Shell Petroleum Development Company of Nigeria Limited (SPDC Joint Venture) and the Bayelsa government say the are joining forces to conserve biodiversity of… Read More »Biodiversity: Shell, Bayelsa Govt unite to protect Taylor Creek Forest Reserve
BY AKUDORO GLORIA Under the Meter Acquisition Fund (MAF) scheme, the Eko Electricity Distribution Company (EKEDC), has announced the distribution of free prepaid meters… Read More »EKEDC to distribute free meters to band-A customers within 60 days
After missing the December 31, 2024 deadline set by the Federal Government to generate 6,000 Megawatts of power, Nigeria’s average hourly electricity generation rose marginally by… Read More »Power generation rises 3% to 4,681MW as FG turns to regional grid
In a moving tribute to a visionary leader, Access Holdings PLC unveiled the AccessGive platform at the Herbert Wigwe One Year Memorial held… Read More »Access Holdings releases AccessGive to ‘Carry Forward’ Herbert Wigwe’s Legacy
By SAM OTUONYE The European Union (EU) and the Enugu State Government have committed to exploring potential partnership areas across the power and… Read More »EU, Enugu Gov’t to partner on power, infrastructure
BY SAM OTUONYE Nigeria is set to take centre stage in Africa’s economic growth and development as it officially signed an agreement to host… Read More »Nigeria to host 2025 Afreximbank annual meetings
As MRS Filling Station announced a petrol pump price cut on Monday in collaboration with Dangote Refinery, the Nigerian National Petroleum Company Limited considers a… Read More »NNPCL under pressure to lower price of gasoline due to competition from Dangote Refinery
The request by President Bola Tinubu to increase the 2025 budget estimate from N49.7 trillion to N54.2 trillion continues to gather mix reactions, the… Read More »Budget increase: NACCIMA backs FG, says it signals proactive approach to capital investment
BY SAM OTUONYE The Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, has stated that the country’s economy is on the… Read More »FG flaunts economic transformation to First Abu Dhabi Bank delegation, seeks partnership
BY SAM OTUONYE The Nigeria Extractive Industries Transparency Initiative has revealed that, as of August 2024, oil and gas operators owe the Federal Government a… Read More »Oil operators’ debt to FG hits $6.1bn – NEITI
BY SAM OTUONYE In a significant stride towards supporting Nigeria’s commitment to reducing greenhouse gas emissions by 20% unconditionally and 47% conditionally, as stipulated in… Read More »NNPC, First E&P cut gas flaring by 96%, store emissions offshore
BY SAM OTUONYE The Director General of the Securities and Exchange Commission, Dr. Emomotimi Agama has emphasized that the deployment of blockchain technology… Read More »Blockchain will aid market regulation – Agama
… to rollout smart meters to 7m households BY AKUDORO GLORIA While denying an impending 65 percent increase in electricity… Read More »FG debunks 65% hike in electricity tariffs, reaffirms commitment to equitable pricing structures
Recapitalisation: Banks raise N1.7 trn amid market performance BY SAM OTUONYE The current recapitalisation of Nigeria’s banking sector has recorded a strong start… Read More »Recapitalisation: Banks raise N1.7 trn amid market performance
The National Pension Commission has issued a new circular on how Licenced Pension Fund Administrators should operate their branches and service centres to… Read More »PenCom issues new guidelines to PFAs on branch network, service centres
LG Electronics, the renowned eco-friendly electronics manufacturing giant, has once again delivered on its commitment to provide life-changing access to clean water for communities… Read More »LG Electronics fulfills commitment to Corporate Social Responsibility, provides clean water to Ayeye Community in Oyo State