Banks charged to restructure downstream sector loans to attract investments
For the nation to attract foreign investments to the downstream sector, loans already advanced to oil & gas companies will have to be restructured in
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NERC sets target to generate 2,000MW via renewable energy
With a vast and mostly untapped potential in renewable energy resources, the Nigerian Electricity Regulatory Commission (NERC) has set a target to generate a minimum
Nigerians grumble as FG embarks on external borrowing binge over expanded deficit
Economy on tipping point in loan acquisition-Experts Fresh debate on Nigeria’s debt sustainability erupted across the country last week following indications that the Federal Government
FG flags-off 2020 marginal fields bid round
To generate N2.365bn from application fees Nigeria’s precarious economic situation may lighten up pretty soon as the Department of Petroleum Resources (DPR) yesterday announced the
Over N10bn losses await speculators as ABCON hits forex market
Foreign currency speculators will in the coming months face over N10 billion losses as the Central Bank of Nigeria (CBN) and Association of Bureaux De
Oil prices edge down as wary traders eye upcoming OPEC+ meeting
Oil prices edged down on Monday as traders took profits, with the Organisation of the Petroleum Exporting Countries (OPEC) considering meeting as soon as this
Domestic flights to resume June 21, says Sirika
The Minister of Aviation, Sen. Hadi Sirika, has announced that domestic flights, which had been suspended since March due to the outbreak of coronavirus in
Obaseki, seven APC govs meet Tinubu, plan President’s meeting
Eight governors elected on the platform of the All Progressives Congress, on Sunday, held a meeting with the National Leader of the APC, Asiwaju Ahmed
50 journalists lose job to robots at Microsoft
About 50 journalists working with Microsoft are set to lose their jobs, as the American multinational tech giant reportedly moves to replace them with robots.
Dangote wins World Travel Market Award with CNN commercial
Barely a week after emerging the most admired brand in Africa, Dangote Industries Limited (DIL) has won another award through its television commercial on the
