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Author Archives: admin

Deplorable roads force PTD members to boycott Jebba-Mokwa axis, others


Members of the Petroleum Tankers Drivers (PTD), on Thursday issued a statement, threatening to avoid the use of Jebba- Mokwa and Tatabu Bridges in the distribution of petroleum products due ...

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NNPC changes plan, engages original builders to revamp 4 refineries

An indication that the Nigerian National Petroleum Corporation (NNPC) may have dumped its earlier gigantic, but well criticized plot to bleed away about $1,8bn in the Turnaround maintenance (TAM) of ...

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Ghanaian President saves $7b from review of 24 power agreements

Ghana Akufo-Addo

Less than one year in Office, President Nana Addo Dankwa Akufo-Addo of Ghana has said his administration in less than one year restored electricity stability after inheriting erratic power situation ...

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African energy stakeholders to discuss partnerships with global investors in US


The Powering Africa Summit (www.PoweringAfrica-Summit.com) will return for a fourth year to the Marriott Marquis Hotel in Washington D.C. from 28 February to 2nd March 2018 to discuss opportunities to ...

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Oil market nearing strategic rebalancing as prices continue looking up – OPEC


OPEC on Thursday said that after long years of embarrassing low oil prices, the global oil market is moving closer to reaching a healthy balance between supply and demand. A ...

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‘Foreign portfolio investments-driven growth, rising oil prices deceptive’

NSE trading floor

Development economists have raised serious issues, warning that the sudden jump of the Nigerian Stock Exchange (NSE) capitalization to N16tn should not be seen as sustainable growth especially now the ...

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AfDB injects $6bn in over 73 projects spread across Nigeria—Adesina

Adesina 33

…Ready to invest additional $8bn Though it was pump and pageantry at the unveiling of the newly constructed Country Office building of the African Development Bank (AfDB) in Abuja on ...

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Lagos to continue stinking pending final resolution of crisis trailing CLI, PSP coys

LAWMA Tata Trucks (100)

Even before the yuletide season till now, smart observers of daily level of cleanliness in Lagos State would have noticed growing filthiness in every corner, suggesting that all is not ...

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Broadband: It’ll take a miracle to move the 21% to 30% by year end—Teniola

Atcon teniola

The president of Association of Telecommunications Companies of Nigeria (ATCON), Engr. Olusola Teniola has once again, opened up on the reality facing the targeted achievement of 30 per cent broadband ...

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FG programming its 30% Broadband Penetration for 2018 to fail—Stakeholders

NCC Shittu

Leading telecommunications operators in Nigeria on Tuesday in Lagos, made it clear before the management of the Nigerian Communications Commission (NCC), that body language of the government does not truly ...

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