The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) at the weekend said that it had established a new Domestic Base Price (DBP) framework and applicable gas wholesale price for
The Bi-Courtney Aviation Services Limited (BASL), operator of Murtala Muhammed Domestic Airport Terminal Two, Lagos (MMA2) has assured travellers, stakeholders and other airport users of safety at the parking lot
The Coscharis Group Plc on Sunday announced the sudden death of their Vice President, Mrs. Charity Maduka at her family home in Nnewi, Anambra State. The late Charity Maduka was
Tech company Africa Data Centre launches a $100m Data Centre in Eko Atlantic City in Victoria Island with a lavish ceremony in Eko Hotel, Lagos. [bc_video video_id=”6284242156001″ account_id=”6116119081001″ player_id=”default” embed=”in-page”
The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has disclosed plans by the apex bank to set up an International Financial Centre at the Eko Atlantic
The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has expressed enthusiasm with the Infrastructure Company Limited (InfraCo) slated to commence in two months citing that the
Chinese smartphone giant Xiaomi Corp will build a plant that can produce 300,000 vehicles annually in Beijing for its electric vehicle unit, authorities in the capital said on Saturday. The plant
The United Arab Emirates, in its latest Coronavirus protocol released on Friday, dropped the Rapid Antigen Test (RDT) for COVID-19 as prerequisite for travelling to the Middle East country for
Former President Olusegun Obasanjo on Friday demanded that Nigeria must commit to generating power from renewable energy and clean carbon-free sources, in order to build a future for the country.
Nigeria’s Senate has threatened to issue warrant of arrest against $10 billion Train 7 project promoters, Saipem and Daewoo, for shortchanging the federal government in the execution of the project.
Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, on Thursday launched the apex bank’s N500 million Tertiary Institutions Entrepreneurship Scheme (TIES). Speaking at the launch of the
The BUA Group has signed yet another agreement with Wartsila OY of Finland for the construction of a 70 megawatts (MW) dual-fuel power plant for its cement Obu Line 3
Nigeria’s proposed national carrier, Nigeria Air, is set to begin flight operations by April 2022. The new official airline would have 51 per cent of its equity shares owned by
Three weeks after a pipeline explosion in Nembe, Bayelsa State, which led to oil spillage across 45 communities in the South-South Nigerian state, the federal government, on Wednessday, said
President Joe Biden on Tuesday ordered a record 50 million barrels of oil released from America’s strategic reserve, aiming to bring down gasoline and other costs, in coordination with other
The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, on Tuesday foreclosed further extension of the regulatory forbearance on its intervention facilities instituted by the apex bank
Nigeria’s President Muhammadu Buhari on Tuesday directed the immediate suspension of the inauguration of the newly constituted Board of the Nigerian National Petroleum Company Limited (NNPC) scheduled for Wednesday until
The Vice President, Prof. Yemi Osinbajo has said the plan by the multinational beverage company, Coca-Cola, to invest $1 billion in Nigeria in the next five years testifies to the
Tesla Inc Chief Executive Elon Musk sold another 934,091 shares of the electric vehicle maker worth $1.05 billion after exercising options to buy 2.15 million shares, U.S. securities filings showed
Nigeria’s Federal Government has shut down operations at Santa Barbara oilfields. A signed statement on Tuesday by the Director, Press and Public Relations, Ministry of Environment, Saghir el Mohammed, said
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