UK Injects £10m into Nigeria’s Energy Sector
The United Kingdom has injected £10 million into Nigeria’s low carbon energy project. The concessional aid is aimed at reducing the risks, for pension and insurance funds’ to invest in
The United Kingdom has injected £10 million into Nigeria’s low carbon energy project. The concessional aid is aimed at reducing the risks, for pension and insurance funds’ to invest in
Less than 10 days after domestic airlines lamented that oil marketers have increased price of Jet A1 (aviation fuel) to N400 per litre, the price of the product has increased
The United Kingdom’s Minister for Africa, Latin America & Caribbean, Vicky Ford, will be visiting Nigeria for the first time this week with a promise to announce millions of pounds
Nigeria’s Minister of State, Petroleum, Mr. Timipre Sylva, on Sunday blamed regulatory failure for the current petrol shortage in the country, leading to loss of man-hours by Nigerians in long
The Minister of Power, Mr. Abubakar Aliyu, has disclosed that the federal government was willing to partner investors in the power sector to improve electricity supply in the country This
Amid a spate of measures being put in place by the Central Bank of Nigeria (CBN) to reduce pressure on the nation’s foreign exchange market, analysts from Coudros Securities have
Security agencies have begun the probe of companies and individuals allegedly involved in the importation of toxic fuel into Nigeria, THISDAY investigation has revealed. This is coming as many filling
CEO, Financial Derivatives Company Limited, Bismarck Rewane in an interview on Global Business Report says that ICT is directly responsible for 11% of the country’s GDP but is indirectly
Nigeria’s Gross Domestic Product (GDP) grew by 3.40 per cent in 2021, the highest since 2014, when the economy grew by 6.22 per cent, the National Bureau of Statistics (NBS)
The Airline Operators of Nigeria (AON) has expressed dismay over the threat by the Chairman of Senate Committee on Aviation, Senator Smart Adeyemi that foreign airlines might be invited to
Group Managing Director and Chief Executive Officer of Nigerian National Petroleum Company (NNPC) Limited, Mr. Mele Kyari, on Wednesday apologised to Nigerians for damages caused by the importation of substandard
Flutterwave, a leading technology company, announced on Tuesday that it has raised $250 million in Series D funding, valuing the company at over $3 billion as the brand continues to
British consumer pricesrose at the fastest annual pace in nearly 30 years last month, intensifying the squeeze on households and reinforcing the chances that the Bank of England will raise
A combination of huge oil pipeline repairs cost and a high-level crude oil theft are bleeding the Nigerian economy, with losses amounting to at least $29 billion in the last
The nine months investigation into alleged financial improprieties at the Nigerian Ports Authority (NPA), came to a close on Tuesday with a win-win verdict handed to all the parties involved.
The Chief Executive Officer of Financial Derivatives Company Limited (FDC), Mr. Bismarck Rewane, has advised Nigerians not to entertain the illusion that the Dangote Refinery would guarantee them cheaper supply
The Nigerian National Petroleum Company Ltd (NNPC) has withdrawn all the methanol blended petrol which was imported into the country about three weeks ago. The NNPC also stated that cargoes
The European Union (EU) has announced that it would invest €150 billion in Africa over a seven-year period in furtherance of the EU-Africa Digilogic, which is a sustainable network of
The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has predicted 10 per cent increase in credit to the agricultural sector over the next two years. He
The Federal Airports Authority of Nigeria (FAAN) said it remitted N16.7 billion to the Federation Account last year. The agency also revealed that in order to reduce congestion at the
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