CNG vehicles to crash prices as PCNGI gets NMPDRA concessionÂ
The Nigerian Mainstream And Downstream Petroleum Regulatory Authority (NMPDRa) has reiterated its commitment to supporting the efforts of the Federal Government through the Presidential Compressed Natural Gas Initiative…
Nigeria seeking up to $2.25 bln in World Bank loans – Minister
April 22, 2024 Nigeria is seeking up to $2.25 billion in World Bank loans and expects the bank’s board to approve the request in June, the government said in a…
Obi faults N2.8trn Coastal Highway Project, says, it’s not a priority
The 2023 Presidential flag-bearer of the Labour Party, Peter Obi has taken a dig at the Coastal road project of this administration saying the timing is wrong and is not…
U.S. unveils global food security strategy for Nigeria
The United States Agency for International Development (USAID) says the U.S. government has unveiled its new Global Food Security Strategy Country Plan for Nigeria. Melissa Jones, Mission Director, USAID, who…
Recapitalisation: Access Bank sure of raising $300m, says Aig-Imoukhuede
Mr Aigboje Aig-Imokhuede, Chairman of Access Holdings Plc, says he’s confident that the bank would raise 300 million dollars in capital for Access Bank, considering the bank’s strong market position…
NNPC Chief, Mele Kyari Bags Energy Times’ GCEO of the Year Award
         Group Chief Executive Officer, NNPC Ltd, Mr. Mele Kyari has been honoured with the Energy Times’ GCEO of the Year Award in recognition…
Tinubu appoints new Board for Securities and Exchange CommissionÂ
President Bola Tinubu has approved the appointment of the following Nigerian professionals to the Board of the Securities and Exchange Commission (SEC): (1) Mr. Mairiga Aliyu Katuka — Chairman…
Sub-Saharan Africa debt levels to fall but new funding scarce, says IMF
April 19, 2024 Debt levels in Sub-Saharan Africa are set to fall after a string of sovereign defaults, but new financing is still expensive and hard to come by, forcing…
NNPC Ltd, First E&P Achieve 20,000bpd Production at OML 85
The Nigerian National Petroleum Company Limited (NNPC Ltd) and its Joint Venture partner in OML 85, First Exploration and Petroleum Development Company Limited (First E&P), have commenced oil production…
Individuals in forced labour stood at 617,503 in 2022- NBS
The National Bureau of Statistics (NBS) says no fewer than 617,503 individuals were in forced labour in their current job in 2022. The NBS disclosed this in its Nigeria Forced…