Business

FCCPC Generates N56bn From Penalties In 2023, Remits N22.4bn

"If you don't hold people accountable, you cannot promote good behaviour," said the consumer's rights protection boss Irukera.

9 months ago

Nigeria Launches First Home-Grown Gas Leak Detection Device, Recommits To R&D In Oil Sector

The NCDMB said the new facility will curb loss of lives and property.

9 months ago

CBN Accuses Banks of Colluding With PoS Operators To Disrupt Naira Circulation

It ordered the PoS operators to remove excess charges.

9 months ago

Air Peace Resumes China Operations From Dec 28 

Passengers can also fly Accra-China-Accra which is a new connection.

9 months ago

Nigeria Wins Again As UK Court Throws Out P&ID’s $11bn Damages Bill

P&ID was also refused permission to file an appeal against the ruling.

9 months ago

After Two-Year Rehabilitation and $1.5bn Spent, 210,000 bpd Port Harcourt Refinery Achieves Mechanical Completion

84.4% of Area 5 Plant, a key component of the Refinery, and 77.4% of the entire rehabilitation project have been…

9 months ago

Angola Quits OPEC Membership Over Disagreement on Production Quotas

The petroleum minister said the decision was not an easy one to make but OPEC membership no longer served the…

9 months ago

Report: Lagos, Ogun Nigeria’s Most Economically Viable States

Six states including Bayelsa, Akwa Ibom, and Katsina, failed to generate up to 10 percent of the total allocations received…

9 months ago

Canada’s Online News Act Takes Effect Amidst Tech Giant Resistance

"We will continue to push Meta, that makes billions of dollars in profits, even though it is refusing to invest…

9 months ago