Business News
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155NLNG Commits to Curbing Carbon Emissions
As Africa seeks to harness its vast energy potential to drive economic growth and industrial evolution, NLNG has reiterated that it is...
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159REA Boosts Off-Grid Power Supply, Inaugurates 440kWp Mini-grid in C’River
The Rural Electrification Agency (REA) yesterday commissioned a 440kWp interconnected mini-grid in Etomi, Agbokim, Abia, and Bendeghe communities, Etung Local Government Area,...
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178
Natural Gas Supply to NLNG Reduces by 80% –Report
The operational crisis at NLNG Limited continues to deepen as the outage at its Bonny Island facility drags on, with natural gas...
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187Oil Falls as Market Eyes OPEC+ Output Increase, US Tariffs
Oil prices fell for a third session on Wednesday as plans by major producers to raise output in April combined with concerns...
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182NACC’s Economic Agenda to Boost Trade Between Nigeria, US
The Nigerian-American Chamber of Commerce (NACC) has said that is charting a new path to strengthen trade relations between Nigeria and the United States...
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107
Gencos Lament ₦4.7tr Debt as Power Generation Hits 5,713MW
As Nigeria’s power sector witnessed a rise in electricity generation, the companies behind power production have condemned the Federal Government’s failure to...
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158NNPC E&P Targets $20b Investment to Grow Oil, Gas Output in 5 Years
NNPC Exploration and Production Limited (NEPL), a subsidiary of the Nigerian National Petroleum Company Limited (NNPC), has said it requires about $4 billion...
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135Nigeria, UK Strengthen Trade Relations for Economic Growth
Nigeria and the United Kingdom have committed to enhancing trade relations and driving economic growth through the implementation of Nigeria’s National Quality...
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131FG, NNPCL Work Out ₦7.7tr Fuel Subsidy Debt Payment
The Federal Government’s indebtedness to the Nigerian National Petroleum Company Limited as exchange rate differential (subsidy) for the importation of Premium Motor...
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107
Oil Slides on OPEC+ Output Increase, US Tariff Uncertainty
Oil prices extended losses on Tuesday following reports that OPEC+ will proceed with a planned output increase in April while markets braced...
