Cooking gas price to crash by 20% as NLNG invest N150m in Jetty upgrade
Barring last minute hitches on the planned injection of about N150 million towards jetty upgrade in Apapa by the Nigerian Liquefied Natural Gas (NLNG) Limited, there are indications that ex-depot price of Liquefied Petroleum Gas (LPG) which is cooking gas…
NNPC, First E&P, Schlumberger seal $700m deal on development of OMLs 83, 85
More investments are underway in the nation’s upstream oil and gas sector following the recent agreement signed by the Nigerian National Petroleum Corporation (NNPC), FIRST Exploration & Production (First E&P), and Schlumberger for the development of the Anyala and Madu…
Approved new national gas policy’ll augment revenue from oil, slash cost of cooking gas
Though the Federal Executive Council (FEC) made it public yesterday, Wednesday, the new national gas policy was passed in last week’s cabinet session. The 100-page National Gas Policy seeks to set up a single independent petroleum regulator. It also aims…
CBN makes key management appointments at Etisalat to drive transition process
The Central Bank of Nigeria (CBN) on Tuesday, announced in Acting Capacity, one of its deputy governors, Dr. Joseph Nnanna as Chairman for a replacement of the founding chairman of Etisalat Nigeria, Mr. Hakeem Bello-Osagie who resigned late last week….
FG to market huge investment potentials in Nigeria’s broadband at ITU in Sept
As the Ministry of Communications and the Nigerian Communications Commission (NCC) begin preliminary build up that will see a structured delegation to the 2017 International Telecommunications Union (ITU) conference in Busan, South Korea, indication has emerged that canvassing for international…
Working on Apps to drive increase in voluntary tax compliance belated—Expert
An ICT consultant and leading App developer, Mr. Chinedu Ugboaja has faulted the Minister of Finance, Mrs. Kemi Adeosun for putting the cart before the horse in her crusade to grow tax compliance amongst Nigerians. The Minister had on Monday…
Zenith Bank leads other 5 banks to make 1000 Global Banks bracket
The Banker Magazine’s Top 25 Banks in Africa for 2017 Global banks’ ranking made public on Tuesday saw Zenith Bank leading FirstBank Nigeria Limited, Guaranty Trust Bank Plc, Access Bank Plc, United Bank for Africa Plc and Diamond Bank Plc…
Paucity of fund hits FG as it can’t pay IOCs $1bn in JV cash call since April
Just as the Federal Government is yet to release the celebrated N350bn, it has not still offset a total of $1.07bn in cash call required for the development of joint venture (JV) assets for the first four months of the…
Bajaj auto deepens offerings, unveils mini-cargo, mulls production plant next year
Leading Indian auto technology group, Bajaj Auto, has introduced to the Nigerian market a new range of products – the Bajaj MaximaC, a mini truck for cargo delivery and mini ambulance trucks all tailor – suit for Nigeria’s rough and…
See wider access to information, dynamics in media as opportunities, Zinox tells Nigerians
Chairman of Zinox Group, Leo Stan Ekeh has called on Nigerians and mainly Ndigbo to see the future in a brighter, knowledge-driven society driven by wider access to information and changing dynamics in the media industry. According to him, an…
