TotalEnergies signs deal with NNPCL, pledges $6bn in investment
TotalEnergies has announced the signing of a cooperation agreement with Nigeria’s oil firm NNPC Ltd for conducting methane detection and...
Year: 2023
ICRC restates commitment to strengthen Nigeria’s PPP architecture
Director-General, Infrastructure Concession Regulatory Commission (ICRC) Mr Michael Ohiani, has said the Commission is focused on strengthening Nigeria’s Public-Private Partnership...
NIN: 99.9% households yet to receive FG’s cash transfer – W/Bank
The World Bank has reported that approximately 99.9 per cent of Nigeria’s targeted poor and vulnerable households are yet to...
Developing countries paid record $443.5bn on public debt in 2022
Amid the biggest surge in global interest rates in four decades, developing countries spent a record $443.5 billion to service...
TAT orders AEDC to pay tax liability of N5.3bn for 4 years
The Tax Appeal Tribunal (TAT) sitting in Abuja, has ordered the Abuja Electricity Distribution Company (AEDC) Ltd to pay the...
Equity market opens positive, gains N9bn
The local equity market Monday opened the week on a positive note, appreciating by N9 billion. Market capitalisation of listed...
Groups accuses DisCos of driving multinationals out of Nigeria
A coalition of pressure groups under the aegis of Wadata Media Advocacy Centre (WAMAC), have said the power Distribution Companies...
Recapitalization: One-size-fits-all approach can stifle smaller banks–Shareholders
Independent shareholders in the banking industry have revealed that a one-size-fits-all approach to capital requirements for all banks in the...
Recapitalization: One-size-fits-all approach can stifle smaller banks–Shareholders
Independent shareholders in the banking industry have revealed that a one-size-fits-all approach to capital requirements for all banks in the...
FAAC shares N1.783trn to FG, States, LGs in November allocation
The Federation Account Allocation Committee (FAAC) has shared a total sum of N1088.783 billion November 2023 Federation Account Revenue to...
