Business

NERC Orders DisCos To Suspend Hiked Electricity Tariff For 2 Weeks

NERC Orders DisCos To Suspend Hiked Electricity Tariff For 2 Weeks

The Nigerian Electricity Regulatory Commission (NERC) has ordered the 11 Distribution Companies (DisCos) to suspend the hiked electricity tariff for…
Economy: NNPC To Grow Domestic Gas Utilization

Economy: NNPC To Grow Domestic Gas Utilization

In keeping with the objectives of the United Nation’s 2030 Agenda for Sustainable Development and the Paris Climate Accord, the…
P&ID: Nigeria’s Foreign Reserves Swell By $200m

P&ID: Nigeria’s Foreign Reserves Swell By $200m

Nigeria’s Foreign Reserves received a $200 million boost on Tuesday, September 29, 2020, following the order of the London Commercial…
Salim Succeeds Aboloma As SON DG

Salim Succeeds Aboloma As SON DG

The Standards Organisation of Nigeria (SON) has a new Director General/Chief Executive, Mallam Farouk Salim. Salim took over from Mr.…
Afreximbank Provides $100m Overdraft Facility For COVID-19 Supplies In Africa

Afreximbank Provides $100m Overdraft Facility For COVID-19 Supplies In Africa

African Export-Import Bank (Afreximbank), the pan-African multilateral EXIM bank, announces $100 million financing to enable its Member States to procure…
CIBN Recertifies NDIC Academy As Banking Industry Trainer

CIBN Recertifies NDIC Academy As Banking Industry Trainer

The Nigeria Deposit Insurance Corporation (NDIC) Academy has been recertified and its accreditation renewed as a training service provider for…
OML 143: NNPC, SEEPCO Sign Pact For Gas Development

OML 143: NNPC, SEEPCO Sign Pact For Gas Development

The Nigerian National Petroleum Corporation (NNPC) and Sterling Exploration and Energy Production Company (SEEPCO) have signed an agreement for the…
Engee PET To Expand Operations With $75m CP Project Early 2021

Engee PET To Expand Operations With $75m CP Project Early 2021

Engee PET Manufacturing Company Nigeria Limited is planning to commence work on the construction of its Continuous Polymerisation (CP) PET…
MOMAN, Others Hail FG On Deregulation, Forex Availability

MOMAN, Others Hail FG On Deregulation, Forex Availability

Stakeholders in the Downstream Sector of the Nigerian Oil and Gas Industry, including the Major Oil Marketers Association of Nigeria…
Investment, Securities Tribunal Urged To Discharge Duties Diligently

Investment, Securities Tribunal Urged To Discharge Duties Diligently

The Chairman and Members of the Investment and Securities Tribunal have been urged to diligently work together to discharge the…
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