The Kebbi State Government has entered into a strategic partnership with First Bank Nigeria Plc. to boost industrialisation, mining, and infrastructure development in the state as part of its broader …
The Federal Government has begun a pilot programme to restructure underperforming electricity distribution companies (Discos) in a bid to overhaul Nigeria’s struggling power distribution sector. This marks the most decisive …
Nigeria’s leasing industry recorded a strong growth of 23.2 per cent in 2024, pushing the value of outstanding leases to N5.17 trillion, up from N4.19 trillion in 2023. This was …
The World Bank has revealed that Nigeria’s economy grew at its fastest rate in almost 10 years in 2024, driven by strong performance in the fourth quarter and better management …
The management of Dangote Petroleum Refinery has rejected claims made by oil marketers that the refinery cannot meet Nigeria’s local fuel demand. Officials of the refinery told our correspondent that …
Rainoil Gas Limited, one of Nigeria’s fast-growing players in the downstream energy sector, has expanded its footprint with the commissioning of a new Liquefied Petroleum Gas (LPG) plant in Ore, …
Seplat Energy has recorded a major leap in its hydrocarbon production, with average daily output reaching 131,561 barrels of oil equivalent per day (boepd) in the first quarter of 2025. …
Electricity generation companies (Gencos) in Nigeria are calling on President Bola Ahmed Tinubu to urgently fix a date for the long-awaited meeting over the rising debt crisis in the power …
Axxela Limited, a leading player in the gas and power sector across sub-Saharan Africa, has once again secured the prestigious Gold Medal in the 2025 EcoVadis Sustainability Rating. The company …
African markets are navigating a busy day of economic indicators, political developments, and global trends on Thursday, May 8, 2025. From court decisions in Côte d’Ivoire to monetary policy announcements …
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