Electricity hike-VCs appeal to Discos to withdraw Universities from Band A
Victoria Mgbanwa The Committee of Vice Chancellors of Nigerian Universities has made a passionate appeal to the Electricity Distribution Company…
Category: Business
Agip, Equinor Assets’ Sale Deals Completed in Major Breakthrough for Nigeria’s Oil Sector
In a major boost for Nigeria’s oil and gas sector, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) yesterday announced that…
Otedola Acquires Additional N17.2bn Worth of FBN Holdings’ Shares, Now Holds 11.64% Stake
The Chairman of FBN Holdings Plc, Mr. Olufemi Otedola, has purchased an estimated N17.2billion worth of shares in the holding…
Dangote Refinery: IOCs Plotting Our Failure By Declining to Sell Local Crude Despite Paying Premium
The management of the 650,000 barrels per day (bpd) Dangote Refinery at the weekend accused International Oil Companies (IOCs) operating…
Nigeria loses N636bn revenue as oil production dips
The repeated slump in Nigeria’s monthly oil outputs since January 2024 has resulted in a revenue loss of about N636.3bn,…
FG: $550m NNPC, TotalEnergies JV Ubeta Project Will Boost Domestic Gas Market
The federal government has described the Final Investment Decision (FID) on the 350 million standard cubic feet of gas per…
Bloomberg: Western Multinationals Fleeing Nigeria Being Replaced by Asian, Turkish Firms
As US and Europe-based multinationals exit Nigeria, Asian and local companies are stepping in to fill the void, Bloomberg has…
NUPRC Offers Additional 17 Deep Offshore Oil Assets for Sale, Extends Pre-qualification Deadline
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) yesterday announced that with the acquisition of additional data on the oil assets…
FG, Afreximbank Seal $3bn Deal to Boost Industrialisation, CNG, Others
*Partnership to attract $2bn investments, create 20,000 jobs The federal government yesterday signed a Memorandum of Understanding (MoU) with Afreximbank…
TheSmartAgric Platform: Revolutionizing Nigerian Agriculture with Advanced Tech Solutions
Nifemi Babasanmi TheSmartAgric Platform, (www.theSmartAgric.com) , is a groundbreaking initiative in Nigeria’s agricultural landscape, founded by Segun Adepoju and Chinedu…