IMF board approves $650bn allocation for Special drawing
The Board of Governors of the International Monetary Fund (IMF), has approved a general allocation of Special Drawing Rights (SDRs)...
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World Bank, AFDB provide $550m support for off-grid solutions
Electricity The Rural Electrification Agency (REA) has announced the provision of $550 million in funding by...
AKK project will enhance gas utilization for industrialisation- Buhari
President Muhammadu Buhari says successful completion of the Ajaokuta-Kaduna-Kano, AKK Project in 2023 would enhance domestic gas utilisation as the...
NCC sets fresh operational fees, spectrum prices for telecom operators
Internet network infrastructure The Nigerian Communications Commission has set up an annual operating regulatory levy to...
NSIA optimistic on 2022 completion date for 2nd Niger Bridge, others
The Nigeria Sovereign Investment Authority (NSIA), has expressed optimism that the Second Niger Bridge and the Lagos—Ibadan Expressway will be...
Buhari commits to African Peer Review mechanism
President Muhammadu Buhari has pledged Nigeria’s continuous support for African Peer Review Mechanism (APRM) process because of its benefits to...
Marketers kick against restriction of petrol import to refinery owners as contained in PIB
Oil marketers have kicked against the restriction of licence to import petroleum products to only owners of refineries as contained...
Nigeria installs trackers to curb smuggling of petrol
Petrol tankers Minister of State for Petroleum Resources, Mr Timipre Sylva, has said that Federal Government...
Nigeria installs new terminals to boost gas supply
Gas cylinder Gas cylinder Mr Dayo Adeshina, Programme Manager, National Liquefied Petroleum Gas(LPG)...
Nigeria will support lawful artisanal refiners – Minister
refinery and fertiliser plant The Minister of State for Petroleum Resources, Chief Timipre Sylva, says that...
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