Stakeholders Laud NLNG’s Increased Cooking Gas Supply
Nigeria LP Gas Association has commended Nigeria LNG Limited for the decision to supply 100% of its LPG production to…
Day: February 3, 2022
FEC approves $328.87m railway consultancy services, N115.4bn Katsina road dualisation
The Federal Executive Council presided over by President Buhari approved N115.4bn for the dualization of the proposed Kano-Kazaure-Kongolam highway in…
Osinbajo launches integrated energy planning tool today
The Vice-President, Prof. Yemi Osinbajo launches the Integrated Energy Planning Tool in collaboration with Sustainable Energy for All. A statement…
Bitcoin Investor Buys The Dip By Purchasing 660 BTC For $25M
Major Bitcoin investor MicroStrategy has announced another major purchase during a market dip to collect a total of 125,051 BTC…
Federal Government stakes N52.7 billion to clear petrol bridging debt
To sustain the supply of PMS in the country, the Nigerian Midstream and Downstream Petroleum Regulatory Authority have stated that…
Tesla To Recall Over 817,000 Vehicles In US Due To Seat Beat Alert
Tesla Inc (TSLA.O) is recalling more than 817,000 vehicles in the United States because an audible alert may not activate…
Dangote Peugeot Automobile Begins Operation In Nigeria
Dangote Peugeot Automobiles Nigeria Limited (DPAN) has started assembling vehicles in Nigeria, beginning with the Land Trek, 3008, 5008 and…
Nigeria: Otedola Nominates Three Directors For First Bank Board
Billionaire Femi Otedola has made new nomination into First Bank barely two months after he became the single largest shareholder…
Fire Engulfed Shebah Exploration & Production Offshore Facilities
The management of Shebah Exploration & Production Company Ltd (SEPCOL) has announced a fire incident, which engulfed the oil and…
Alleged N11.79b Scam: Court Renews Order To Banks To Submit Ajetunmobi Account Details
A Lagos High Court sitting at Osborne on Wednesday renewed its order to all banks to furnish it with the…
Saudi Arabia increases market access for Nigerians with startup passport
Nigeria’s startup ecosystem is expected to benefit immensely from the newly unveiled Startup Passport Initiative by Saudi Arabian-based multinational organisations.…
Sugar sector attracts N250 billion investments in five years, says NSDC
The Executive Secretary of the National Sugar Development Council Zacch Adedeji has revealed that the sugar sector attracted over N250…
CILT partners Dangote to improve Nigeria’s supply chain standards
The Chartered Institute of Logistics and Transport in partnership with Dangote Group has resolved to strengthen the supply chain industry…
Moody’s To Acquire Majority Stake In GCR Ratings
Moody’s Corporation yesterday, announced that it has agreed to acquire a majority (51%) stake in Global Credit Rating Company Limited…
Nigerians Access To African Insurance Market Shrinks By Two Per Cent In 2020
There are indications in the African insurance market that the access rate has dropped from 2.78 per cent in 2019…
Regulators To Check Global Cryptocurrency Operations
Regulators across the globe are getting more serious about crypto this year, as concerns grow about the environmental impact of…
FIRS To Tax Profits From Investments In Bonds, Securities
The Federal Inland Revenue Service (FIRS) has announced that it would tax profits accruing from investments in bonds and short-term…
Coinoil And Three Others Grew Their Revenue By 49.96 Per Cent
Four of the major oil marketing companies in Nigeria saw their combined revenue surged by 46.96 per cent last year…
Facebook Share Tumbles By 20 Per Cent
Meta has reported disappointing earnings, offered weak guidance, and said user growth has stagnated, which led Facebook shares to fall…