The Minister of Power, Mr Sale Mamman, has directed officials of the Ministry of Power and the Transmission Company of […]
Category: News
NPDC ramps up LPG capacity to 500,000 bpd
The Nigerian Petroleum Development Company (NPDC) is targeting 500,000 Liquefied Petroleum Gas (LPG) daily production to meet local demand and […]
Dollar holds firm as U.S. bond yields jump
The dollar inched ahead on Wednesday, as a jump in U.S. yields pushed it higher against the Japanese yen, while […]
Clinker export by Dangote will boost FG’s forex drive, says MAN
To reaffirm its status as the biggest cement producer in Africa, Dangote Cement has set the pace with the exportation […]
Gencos cry out over Nigeria’s 4,159MW unused electricity
Electricity Generation Companies (GenCos) said although they increased their generation capacity to 8,145 megawatts (MW), but produce only 3,987MW for […]
Embrace green bond finance, NSE boss urges West African countries
The Nigerian Stock Exchange (NSE) urged West African countries to shift and scale up green bond finance and investment to […]
Brent oil rises to $40 amid hopes for output cuts, recovery
Oil rose on Wednesday, with Brent at $40 for the first time since March, as optimism mounted that major producers […]
Buhari pledges support for AfDB President Adesina
President Muhammadu Buhari says Nigeria will stand solidly behind Dr Akinwumi Adesina in his bid to get re-elected as President […]
Senate approves Buhari’s $5.513bn external loan request
The senate on Tuesday approved President Muhammadu Buhari’s $5.513 billion external loan request to finance the revised 2020 budget. The […]
One Year in Office: Sanwo-Olu delivers 1,576 new houses, promises more
The Lagos State government, on Tuesday, said it had delivered 1,576 new houses to residents within the first year of […]