Category: News

Electricity users hit 1.78% to 12m in Q1 2024 – NBS

The overall number of billing consumers was 12.33 million in Q1’24, up 1.78 per cent...

Dangote accuse IOCs of oil price manipulation, sabotage

The Vice President of Oil and Gas at Dangote Industries Limited, Devakumar Edwin has accused...

NNPCL ready to launch OB3 gas pipeline project

The Obiafu-Obrikom-Oben Gas Pipeline project is scheduled to be completed by the Nigerian National Petroleum...

SEC sets deadline for fund managers to declare Heritage Bank investment

The Securities and Exchange Commission has directed all Nigerian fund managers to give specific information...

Nigeria loses N636bn in oil revenue as production declines

Nigeria’s monthly oil outputs have been consistently low since January 2024, resulting in a revenue...

AKK Pipeline Project to be ready in 2025 Q1 – Kyari

The Nigerian National Petroleum Company Limited said on Friday that the 614-kilometre Ajaokuta-Kaduna-Kano Gas Pipeline...

FG allocates N21bn for provision of free meters

The Federal Government has allocated N21 billion for the Presidential Metering Initiative, which aims to...

N500bn recapitalisation: SEC outlines guidelines for banks

The Securities and Exchange Commission has released a framework to facilitate the Central Bank of...

Customs modernisation to promote faster cargo clearance – Master Mariner

The Nigerian Association of Master Mariners has stated that the Federal Government’s Trade Modernisation Project...

Nigeria’s FX reserves hits three-month peak

Nigeria’s foreign exchange reserves have soared to their highest level since March 28, 2024, marking...

NERC approves N21bn for free meters to Nigerians

The Nigerian Electricity Regulatory Commission has sanctioned a substantial allocation of N21 billion for the...

AI transforms Ukrainian into Russian for sales in China

Alex  Omenye A University of Pennsylvania student, Olga Loiek, sought an online audience—but not the...