95% of Africa’s $89bn Gas Investment Delayed, Just $4bn Projects Currently Underway, Says APPO Chief
APPO’s Omar Farouk has called for urgent investment in gas infrastructure to unlock Africa’s energy potential.
APPO’s Omar Farouk has called for urgent investment in gas infrastructure to unlock Africa’s energy potential.
Nigeria is set to sign over 30 MoUs with Brazil across agriculture, energy, defence, and creative economy sectors.
Shell has reaffirmed its commitment to Nigeria with investment in the Bonga North deep-water project, part of a broader $5bn commitment
Access Bank says it is on track to comply with the CBN’s June 30 directive on regulatory forbearance while maintaining dividend plans.
Zenith Bank says it will meet all CBN conditions and pay dividends to shareholders after exiting regulatory forbearance by the end of June.
The federal government has introduced concessionary gas pricing to make CNG cheaper for Nigeria’s growing autogas sector.
LCCI has commended the inflation drop in May, but warns that food crisis, insecurity, and supply shocks may reverse gains.
The CBN has assured that Nigeria’s banking system remains strong, issuing a routine transitional guidance for post-forbearance recapitalisation process.
Kelvin Emmanuel says Dangote is not a regulator but a player solving problems the government has long ignored.
PETROAN has clarified it did not purchase commercial petrol from the port harcourt refinery, only lifting diesel and kerosene.
CBN’s new policies suspend dividends and bonuses, targeting banks like FirstHoldco to strengthen capital buffers and curb forbearance abuse.
PENGASSAN criticises Tinubu’s Executive Order, warning it could hinder enforcement of Nigerian Content law in offshore oil operations.
FCCPC summons Air Peace over refund delays, citing widespread consumer complaints, potential violations of passenger rights, and flight cancellations.
WhatsApp on Monday revealed that users will soon begin to see advertisements in certain parts of the messaging app, marking a shift in Meta Platforms’ efforts to monetise the service’s
Wale Edun has said africa must mobilise its own capital, crowd in global finance, and drive development through sovereign wealth funds.
Analysts have given mixed reactions to the CBN’s move to suspend dividends, bonuses offshore investments for banks under regulatory forbearance
The CBN has barred First Bank and others under regulatory forbearance from paying dividends, bonuses, or making offshore investments.
Oil prices jumped to $78.50/barrel due to Middle-East tensions, going above Nigeria’s budget benchmark of $75/barrel.
NNPC resumes monthly reports, posting N5.89tn revenue and N748bn profit in April, signaling transparency under new leadership.
Sterling Bank has launched a landmark ₦2bn scholarship scheme to empower 600 young Nigerians across key future-focused fields.
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