Business

NNPC, TotalEnergies To Develop $550m Gas Processing Plant In Rivers State

NNPC and TotalEnergies are set to build a $550 million gas processing facility in Rivers State to boost supply.

4 months ago

Setback for Nigeria’s Plan to Raise Oil Production as Aiteo Shuts Nembe Field after Leak

Aiteo has shut down OML 29 operations after an oil spill, impacting Nigeria’s crude oil output and economy.

4 months ago

FBN Holdings Confirms Olusegun Alebiosu as First Bank CEO, Awaits CBN Approval

Olusegun Alebiosu has been appointed FirstBank CEO by FBN Holdings, pending approval from the Central Bank of Nigeria.

4 months ago

UK Inflation Hits 2% Target for First Time in Three Years

UK's Conservative Party says fall in inflation is evidence of economic success, but opposition argues working people remain worse off.

4 months ago

US Senators Grill Boeing CEO Over Safety Record and Compensation

Boeing CEO Calhoun has faced intense questioning over compensation and safety record, sparking calls for resignation and prosecution.

4 months ago

Manufacturers Association of Nigeria Commends Security Agencies for Safe Release of Fouani Brothers

MAN has called on the government to address the increasing incidents of kidnapping, highlighting the threats posed to economic growth.

4 months ago

Ferrari’s First Electric Car To Cost Over $500,000, Source Says

Ferrari has said it will launch an electric car late next year, with a price tag well above average.

4 months ago

Bloomberg: Asian, Local Companies Step In as US and European Multinationals Exit Nigeria

Asian and Nigerian companies are filling the gap left by US and European multinationals exiting Nigeria, according to Bloomberg.

4 months ago

NUPRC’s 2024 Oil Licensing Round Sees Increased Opportunities with 17 New Deep Offshore Blocks

The NUPRC has added 17 deep offshore blocks to the 2024 oil licensing round, bringing the total to 29 blocks

4 months ago

Onyema: Air Peace Was Born Out of Passion To Create Jobs, I Knew Nothing About Aviation 

Allen Onyema has hailed Fidelity Bank, revealing it backed Air Peace when no other bank was ready to take a…

4 months ago