Chinese, Nigerian firms sign $1bn gas flaring deal
Jan. 5, 2024 A Chinese firm, Beijing Zhogmin Xinjunlong New Energy Technology Company Ltd. and NIGUS International, a Nigerian firm, have signed $1 billion agreement to fund and develop gas…
Supreme court says Shell’s appeal should be heard after oil spill claim
January 5, 2024 Nigeria’s Supreme Court on Friday ruled that Shell should be granted a hearing over an alleged oil spill in the Niger Delta after the Court of Appeal…
We’ll complete all ongoing projects to sustain development – Oborevwori
Delta State Governor, Rt. Hon. Sheriff Oborevwori, Friday, said his administration would ensure completion of all ongoing projects while also initiating new ones for the sustainable development of the state….
‘A Tribe Called Judah’ becomes Nollywood’s 1st film to gross N1bn
Jan. 5, 2024 Funke Akindele’s blockbuster, ‘A Tribe called Judah’, has broken box office record within 21 days of its release in cinemas to become first Nollywood film to gross…
Tinubu appoints new Executive Directors at NIMASA, NPA
President Bola Tinubu has approved the appointment of new Executive Directors in two agencies under the Federal Ministry of Marine and Blue Economy: Nigerian Ports Authority (NPA): (A) Ms….
PMS: We’ve no dispute with marketers over subsidy, it has been entirely removed – NNPC Ltd clarifies
Jan. 3, 2024 The Nigerian National Petroleum Company (NNPC) Limited has denied having any dispute with the independent petrol marketers over an alleged subsidy on Premium Motor Spirit (PMS). There…
NDDC Intensifies Light Up Niger Delta Campaign to Check Criminality
The Niger Delta Development Commission, NDDC, says it will intensify its efforts to light up communities across the nine states of the Niger Delta, with solar-powered street lights, as part…
As Tinubu moves to rev up economic recovery with consumer credit
By Temitope Ajayi As the new year 2024 begins with a positive outlook, Nigerians can look forward to a great and economically rewarding year as the Federal Government is…
Nigeria stocks rise 1.68% to extend 2023 rally – LSEG data
Jan 2, 2024 Nigerian stocks rose 1.68% on Tuesday, its first trading session of 2024, extending last year’s rally, to reach its highest level ever of 76,031 points, LSEG data…
MAN unveils sector outlook for 2024
Jan. 2, 2024 The Manufacturers Association of Nigeria (MAN) has said that the outlook for the manufacturing sector in 2024 may not be a positive one, especially in the first…