Nigeria, Others Need 20.4 Million New Jobs Yearly – IFC The International Finance Corporation, a member of the World Bank Group, has said African countries need...
Metering is Your Responsibility, NERC Fires Back at Discos The Nigerian Electricity Regulatory Commission has said the obligation to ensure that all electricity consumers have meters...
Oil Price: Nigeria, Others Commit to Exceed Voluntary Output Cut Nigeria and other member countries of the Organisation of Petroleum Exporting Countries (OPEC) as well as...
External Reserves Climb to Five-Month High Ahead of MPC Nigeria’s external reserves climbed to a five-month high amid rising foreign portfolio investments and stable global oil...
FG Spends Over 50% of Oil Revenue on JV Assets A large chunk of the total revenue generated by the federal government from oil and gas...
Shell Increases Contractor Support Fund to $2.4bn Shell Petroleum Development Company of Nigeria Limited says it has increased the size of its contractor support fund by...
Abuja-Kaduna Rail to Get More Coaches, Locos There are indications that the Federal Government plans to deploy more coaches and locomotives in the Abuja-Kaduna fast rail...
Metering no Longer Our Responsibility, Discos Tell Consumers Power distributors have declared that they are no longer responsible for the provision of meters to electricity consumers...
Mining Sector Expands Despite Low Credit Facility Activity increased in the mining sector in 2018 despite low credit facility to the sector. Production of solid minerals...
Themis to Build 550MW Power Plant in Ondo Themis, an Africa-focussed power company based in Morocco, announced it will build a 550MW natural gas-fired power plant...
