Business
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Nigeria Ranks as Third-Largest Debtor to World Bank’s IDA with $16.5 Billion Loan Exposure
Nigeria has emerged as the third-largest debtor to the World Bank’s International Development Association (IDA), with its loan exposure rising…
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Dangote Refinery to Supply 25 Million Litres of Petrol Daily to Nigerian Market Starting September
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has announced that the $20 billion Dangote Refinery in Lagos will…
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Lagos, Chinese Company Sign MoU On 50 MW Solar Power For LASU, Other Institutions
The Lagos State Government has announced a significant new partnership with a Chinese company to implement solar power systems across…
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Power generation hits 5,313MW, first time in three years
Nigeria’s national electricity grid achieved a significant milestone on Monday, reaching a record high of 5,313 megawatts the highest level…
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Tinubu’s Govt Did Not Lie About Fuel Subsidies, Deregulation — Presidency
The Special Adviser to the President on Information and Strategy Bayo Onanuga has firmly rebutted claims that President Bola Tinubu’s…
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Nigeria, China sign MoUs on Belt and Road Initiative, nuclear energy, others
Nigeria and China have signed several Memoranda of Understanding (MoUs) during President Bola Tinubu’s official visit to Chinese President Xi…
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Fuel price hike: Nigerians paying for NNPCL’s inefficiency – NECA
The Nigeria Employers Consultative Association, NECA, has criticised the recent hike in the pump price of Premium Motor Spirit, PMS…
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Swedish Telecoms Operator Telia to Cut 3,000 Jobs
Swedish telecoms operator Telia has announced that it will cut 3,000 jobs as part of a cost-cutting drive that aims…
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FCCPC Clarifies Stance on Price Regulation, Aims to Combat Exploitative Practices
The Federal Competition and Consumer Protection Commission (FCCPC) has confirmed that it has no intention of regulating prices in the…
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Dangote Announces Imminent Petrol Supply from New Refinery, Predicts Market Impact
Aliko Dangote, one of Africa’s leading industrialists, has announced that petrol produced at his 650,000 barrels per day refinery in…
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