Congo auctions 30 oil blocks
Licensing rights for 30 oil and gas blocks in the Democratic Republic of Congo went up for auction, opening parts...
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Uganda moves to adopt changes to debt management
As debt crisis hits more, Uganda is considering changes to future borrowing to manage debt and reduce the burden of...
NNPC remits $2.7bn to CBN
Contrary to the accusation that the Nigeria National Petroleum Corporation (NNPC) remitted zero foreign exchange, the company actually remitted $2.7...
Assets of contributory pension scheme hits N842bn
Assets under the Contributory Pension Scheme rose by N842.73 billion in the first half of 2022 to hit N14.27 trillion...
Association blames FG for not providing DisCos with N400bn for services
The Association of Nigerian Electricity Distributors (ANED) has blamed the government for failing to provide a N400 billion fund and...
Emirates Airlines sets to cut operations in Nigeria due to FOREX crisis
Emirates Airlines has said it will reduce its flight operations to Nigeria due to its inability to repatriate about $85...
Crude theft, pipeline vandalism stall Nigeria’s development
The General Manager of Shell Petroleum Development Company of Nigeria, Mr Igo Welli has identified crude oil theft, pipeline vandalism...
Expert seeks assistance on repatriation of foreign airlines’ ticket revenue
An aviation expert, Mr Bankole Bernard, seeks the Federal Government’s urgent assistance on provision of foreign exchange to allow foreign...
Nigerian Breweries records N274.03bn revenue
Nigerian Breweries Plc has announced revenue of N274.03 billion for the first half of the year ended June 30, 2022....
Siemens’ transformers for Nigeria pass acceptance test
The Mega Transformers ordered by the Federal Government under President Muhammadu Buhari’s Presidential Power Initiative (PPI) have successfully undergone factory...
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