Business News
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173Work Ongoing on Port Harcourt Refinery’s Second Plant –Presidency
The Special Adviser on Information and Strategy to President Bola Tinubu, Bayo Onanuga, has said work is currently ongoing at the 150,000...
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158Senate Declares Power Sector Privatisation Total Failure
The Senate yesterday described the privatisation of the power sector in Nigeria as a total failure, chiding power sector operators, including Generation...
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59From Bitcoin to XRP: Key Cryptocurrency Terms and What They Mean
Bitcoin’s price rising to reach a landmark $100,000 has helped keep the spotlight on the buzzy world of cryptocurrencies. But making sense...
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191Oil Slightly Firmer Ahead of OPEC+ Supply Decision
Oil prices were mostly stable on Thursday ahead of an OPEC+ meeting later in the day, with investors waiting to see what...
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192Afreximbank Powers Energy Transition with 10,000 bpd Investment
As global funding shifts away from fossil fuels, Afreximbank has committed to backing investors with capacity to produce 10,000 barrels of oil...
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156NNPC Plans Five Cooking Gas Plants in Kogi
The Chairman Senate Committee on Local Content, Natasha Akpoti-Uduaghan, has disclosed that the Nigerian National Petroleum Company Limited is set to establish...
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187Nigeria Records 56% Local Content Growth, Earmarks ₦15b for Community Financing
The Nigerian Content Development Monitoring Board (NCDMB) says it has recorded 56% Nigerian Content level growth in the oil and gas sector as...
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178Oil Prices Edge Up on Geopolitical Tensions, OPEC+ Supply Plans
Oil prices firmed on Wednesday as market participants weighed up geopolitical tensions and the prospect of OPEC+ extending supply cuts against weaker...
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195Reps Probe Planned Retirement of 1,000 CBN Staff, ₦50b Payoff
The House of Representatives has set up an Adhoc Committee to investigate the planned retirement of over 1000 staff by the Central...
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143FG to Impose Daily Penalties on Discos for Unmigrated Meters
The Nigerian Electricity Regulatory Commission has directed power distribution companies to conclude the migration of Standard Transfer Specification Meters for all their...
