Director-General of the Bureau of Public Enterprises (BPE), Dr. Ayodeji Gbeleyi, has affirmed that meters provided…
Category: Business/Economy
NNPC lacks capacity to operate refineries profitably, GCEO Ojulari admits
The Group Chief Executive Officer (GCEO) of NNPC Limited, Engr. Bayo Ojulari, has described the re-operationalisation…
Otedola warns of looming ‘disruptions’, as First Holdco restructures
The Chairman of First Holdco Plc, Mr. Femi Otedola, has warned that the company’s ambitious rebuilding…
Senate seeks review of revenue allocation formula, increase federal share
The Senate,on Tuesday, initiated moves to amend relevant provisions of the 1999 Constitution to enable an…
Tinubu seeks World Bank support to boost agriculture, economic reforms
President Bola Tinubu has called on the World Bank to support Nigeria’s ongoing economic reforms, with…
Nigerians to pay more as FG cancels subsidies on electricity
Nigerians may have to pay higher electricity bills as the Federal government ends subsidies, channeling N1.1trillion…
Nigeria’s oil export to shed 225,000 bpd
*As Shell shuts Bonga FPSO for scheduled maintenance Nigeria’s oil exports will fall by 225,000 barrels…
AfDB okays fresh $3.9m to boost Nigeria’s energy sector
The African Development Bank (AfDB) has approved a fresh $3.9 million, two-year technical assistance project to…
Lagos ready to partner World Bank on energy, tourism, others, says Sanwo-Olu
Lagos State governor, Mr. Babajide Sanwo-Olu, has expressed his administration’s commitment to partner with the World…
Otedola ups stake in First Holdco Plc to 18.12%
Billionaire businessman, Femi Otedola, has increased his stake in First HoldCo Plc. to 18.12 percent as…