Business

NNPC Denies Alleged 3.3Trn Inflated Subsidy Claims

NNPC Denies Alleged 3.3Trn Inflated Subsidy Claims

The Nigerian National Petroleum Company Limited (NNPC LTD) has dismissed the media report alleging that it inflated subsidy claims by…
Fidelity Bank Gets Afreximbank’s $40m To Acquire Union Bank

Fidelity Bank Gets Afreximbank’s $40m To Acquire Union Bank

In a move to support the acquisition and recapitalisation of the Union Bank UK, the African Export-Import Bank (Afreximbank) has…
FAAC Disbursed N2.33Trn To FG, States, LGCs In March -NBS

FAAC Disbursed N2.33Trn To FG, States, LGCs In March -NBS

The latest report by the National Bureau of Statistics (NBS) indicated that the Federation Account Allocation Committee (FAAC) disbursed the…
Oil Theft: Our Collaboration With Security Agencies Yielding Results -NUPRC Boss

Oil Theft: Our Collaboration With Security Agencies Yielding Results -NUPRC Boss

The Commission Chief Executive, Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Engr. Gbenga Komolafe has attributed the rise in crude oil…
We’ll Surmount Power Sector Challenges -Adelabu

We’ll Surmount Power Sector Challenges -Adelabu

The Minister of Power, Chief Adebayo Adelabu has assured that although faced with multifaceted challenges in the power sector, the…
Ekiti Ultra-Modern Fashion Hub To Create 48,000 Jobs Annually -Shettima

Ekiti Ultra-Modern Fashion Hub To Create 48,000 Jobs Annually -Shettima

Vice President Kashim Shettima has affirmed that the newly commissioned Ultra-Modern Fashion Hub in Ekiti has the capacity to create…
MPI: NBS Pledges Continued Collaboration With Policymakers, CSOs, Others

MPI: NBS Pledges Continued Collaboration With Policymakers, CSOs, Others

As part of efforts to address the root causes of multidimensional poverty in Nigeria, the National Bureau of Statistics (NBS)…
Global Investment In Clean Energy To Hit $2trn This Year -Report

Global Investment In Clean Energy To Hit $2trn This Year -Report

The latest report by the International Energy Agency (IEA), has indicated that global investment in clean energy technology and infrastructure…
Nedogas 300 MMscfd Kwale Gas Gathering Set For Commissioning

Nedogas 300 MMscfd Kwale Gas Gathering Set For Commissioning

By Sunday Etuka, Abuja Nedogas Development Company Limited (NDCL), a Joint Venture company between Xenergi Limited and NCDMB Capacity Development…
Afreximbank, APPO Sign Pact To Establish Africa Energy Bank

Afreximbank, APPO Sign Pact To Establish Africa Energy Bank

By Sunday Etuka, Abuja African Export-Import Bank (Afreximbank) and the Africa Petroleum Producers’ Organisation (APPO) have signed a historic agreement…
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