Industry & Money
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218Oil Eases as Stock Build Raises Spectre of Slower US Demand
Oil prices dipped on Thursday as a surprise build in U.S. stockpiles fuelled fears about slow demand from the world’s top oil...
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225NUPRC Moves to Optimise Production of Nigeria’s 1.6bn Barrels Heavy Crude Reserves
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) yesterday met with industry operators and service providers to discuss ways to harness Nigeria’s 1.6...
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536NITDA Unveils Strategies to Achieve 70% Digital Literacy by 2025
The National Information Technology Development Agency (NITDA) has announced a comprehensive plan to equip 70% of Nigerians with digital literacy skills by...
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151Banks Begin Repayment of Legacy USSD Debt to Telcos
Nigerian banks have initiated the process of repaying a $132 million (N200 billion) debt owed to telecom operators for the use of...
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433Nigeria Achieves Self-sufficiency in SIM Card Production
The Nigerian Communications Commission (NCC) has announced a landmark achievement for the country’s telecom industry: the complete localisation of SIM card production....
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146Fed Govt to Centralise Revenue System
The Federal Government has taken steps to boost financial transparency and accountability by launching the Revenue Assurance and Central Disbursement Solutions for...
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156Foreign Loans Drive Up Capital Importation by 19% to $330m
Increased loan inflows improved capital importation into Nigeria in January 2024 by 19 percent month-on-month, MoM, to $330 million from $280 million...
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175FG to Commence Construction of Additional 2,000 Housing Units in 8 States
The Minister of Housing and Urban Development, Ahmed Dangiwa, yesterday announced that the federal government was set to officially flag off construction...
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246
NUPRC Offers Additional 17 Deep Offshore Oil Assets for Sale
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) yesterday announced that it had acquired additional data on the oil assets up for sale...
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216NERC Okays 450MW Deal to Avert Zungeru Plant Shutdown
The Nigerian Electricity Regulatory Commission has approved a deal to procure 450 megawatts of electricity from Zungeru Hydro Electricity Generation Company Limited....
