MOFI takes over FG’s stake in 11 DisCos from BPE
The Ministry of Finance Incorporated (MOFI) has taken over the federal government 40 equity holdings in the eleven power Distribution...
Nigeria Economy
Nigeria’s December inflation rises to 28.92%
Inflation rate, the average change in prices of goods and services rose to 28.92 per cent, the highest in 27...
Renaissance to acquire Shell subsidiary
Petroleum Development Company of Nigeria Limited (SPDC) has agreed to sell its entire shareholding to onshore Renaissance. Renaissance is a...
Dangote Petroleum refinery starts production
Dangote Petroleum Refinery has commenced production of diesel and aviation fuel. President of Dangote Group, Alhaji Aliko Dangote, elatedly...
NUPRC boss seeks pact with police to combat oil theft
The Commission Chief Executive (CCE) of the Nigerian Upstream Petroleum Regulatory Commission, Mr Gbenga Komolafe, is seeking enhanced collaboration with...
Tinubu appoints NAHCON board, management team
Omeiza Bilal President Bola Ahmed Tinubu has approved the appointment of a new board and management team for the National...
Academia has role to play for Blue economy’s development – Jamoh
The Director General of the Nigerian Maritime Administration and Safety Agency, Dr. Bashir Jamoh, says the academia has a major...
NNPC Ltd records 157 crude oil theft cases recorded in one week
No fewer than 157 incidents of crude oil theft were recorded in the Niger Delta between December 30, 2023 and...
DMO rolls out first initial bond offering in 2024
The Debt Management Office (DMO) has rolled out the first initial bond offering for 2024, comprising two Federal Government of...
NSIA, All On partner to improve access to energy in Nigeria
The Nigeria Sovereign Investment Authority (NSIA) and All On, a Nigerian impact investor focused on renewable energy, are joining forces...
