China could drive Africa’s renewable energy revolution- Report says
April 2, 2024 China has a unique opportunity to drive forward an energy revolution in Africa, but it must first reverse nearly two decades of neglect of green power investments…
FG Announces Increase in Domestic Base Price for Gas market
April 2, 2024 The Federal Government has announced a new Domestic Base Price (DBP) for the gas market wholesale prices of natural gas for 2024, increasing it up to $2.42…
Eko DISCO: Sanda marks two years in office as total collection hits N14.9bn
The Managing Director of Eko Electricity Distribution Company (EKEDC) Plc, Dr, Tinuade Sanda, on Friday celebrated her achievements as she clocks two years in office on March 30, 2024….
Bank recapitalisation will boost capital market – Senator Izunaso
The new minimum capital requirements for banks operating in Nigeria, with the objective of ensuring a more safe, sound and stable banking ststem is a welcome development that will…
Nigeria’s Access Holding eyes $1.5 bln share or bond sale
March 29, 2024 Nigeria’s Access Holding Plc will seek a shareholders vote next month for approval to launch a capital raising program of $1.5 billion via a share sale or…
Bridging Energy Access Gap Vital for Nigeria’s Economic Growth -Kyari
March 29, 2024 The Nigerian National Petroleum Company Limited (NNPC Ltd.) has emphasised the critical importance of bridging the energy access gap to the creation of economic prosperity of the…
Alleged Malabu Oil scam: Court discharges ex-AGF Adoke, others
Justice Abubakar Kutigi of a High Court of the Federal Capital Territory (FCT), on Thursday discharged former Attorney-General of the Federation (AGF) , Mohammed Bello Adoke ,SAN and six others…
Nigeria to grant mining licences only to companies that process locally
March 28, 2024 Nigeria will only grant new mining licences to companies that present a plan on how minerals would be processed locally, under new guidelines being developed, a government…
Eko DISCO: NERC Confirms MD/CEO sacked in Error
The Nigerian Electricity Regulatory Commission (NERC) has clarified that its resolution on alleged ghost workers and crisis in the Lagos-based Eko Electricity Distribution Company Plc (EKEDC) which led to…
FG directs all banks to remit stamp duty on all loans
March 28, 2024 The Federal Government has directed that all banks remit stamp duty on all loans. This is contained in a message sent by the banks to customers. “In…