Nigeria’s Dangote refinery supplies petroleum products to local market
April 2, 2024 Nigeria’s Dangote oil refinery started supplying petroleum products to the local market on Tuesday, a company executive and fuel marketing associations said, a major step in the…
Moniepoint MFB unveils new feature to combat fraud, enhance convenience
Nigeria’s definitive bank for small and medium-sized businesses, as well as their customers and employees, Moniepoint Microfinance Bank, has unveiled its new Unstructured Supplementary Service Data, USSD service. This service,…
OPEC+ unlikely to change output policy at April 3 meeting
April 2, 2024 An OPEC+ ministerial panel is unlikely to recommend any oil output policy changes at a meeting on Wednesday, five OPEC+ sources told Reuters, as oil prices hit…
CBN’s aggressive fight against inflation, by Arize Nwobu
The Central Bank of Nigeria (CBN) has launched an aggressive fight against inflation in a similar manner the US Fed did under Paul Volcker (1979-1987) and won. It is also…
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 -KyariÂ
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…