Nigeria’s debt stock hits N121trn – DMO
The Debt Management Office (DMO) says Nigeria’s total public debt stock hit N121.67 trillion (91.46 billion dollars) in March. The...
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Nigeria: AfDBank, InfraCredit sign $15m agreement to enhance infrastructure financing
Efe Tega The African Development Bank and Infrastructure Credit Guarantee Company Limited (InfraCredit) have signed an agreement for a $15...
Global gas flaring rises to highest level since 2019 – World Bank
The amount of gas flared worldwide in 2023 rose by nine billion cubic meters (bcm) to 148 bcm, its highest...
RIPLE, GIB sign pact to establish BESS assembly plant in Nigeria
Omeiza Bilal Riplenergy company limited has signed a Memorandum of Understanding (MoU) with GIB Energyx Slovakia s.r.o. (GIB) to co-develop...
N25.32bn worth of shares changes hand at Thursday equity market
Investors on Thursday bought 1.299 million shares worth N25.326 billion. The volume of trades increased by 80 million representing 6.07...
Easing Guinea’s food insecurity: The IMF food shock window
Pilar Garcia Martinez The outbreak of the war in Ukraine in February 2022 caused international food and fertilizer prices to...
NOSDRA confirms oil spill from Aiteo’s field in Bayelsa
The National Oil Spills Detection and Response Agency (NOSDRA) has confirmed an oil leak from the Nembe Oilfields operated by...
NNPC Ltd, TotalEnergies JV announces $550m FID on Ubeta Field Devt Project
Omeiza Bilal In a major step towards boosting Nigeria’s oil and gas production, the NNPC-TotalEnergies JV has officially announced a...
Orange Energies to secure Africa energy producers’ revenue with new digital platform
Omeiza Bilal Orange Energies announces it is opening up its digital platform Orange Smart Energies to all energy producers in Africa. The goal...
First Bank confirms Alebiosu as CEO, Ini Ebong as DMD
The Board of FirstBank has approved the appointment of Mr Olusegun Alebiosu, as the Managing Director/Chief Executive Officer, FirstBank Group....
