LAGOS-Ahead of the transitional electricity market bound to start very soon, the Nigerian Bulk Electricity Trader (NBET) has appointed Stanbic IBTC Bank its payment agent in...
Nigeria recorded a 4.6 per cent fall in revenue to N601.6 billion ($3.7 billion) in August, a situation the Accountant General of Nigeria, Jonah Otunla, attributed...
A cut in the supply of gas from Nigeria to Ghana through the West African Gas Pipeline (WAPCO) is “not good news” and could damage the...
LAGOS-Lafarge Africa, Finland’s Wartsila and the World Bank’s IFC have agreed to build a 220 megawatt (MW) gas-fired power plant in Nigeria to boost electricity supplies,...
LAGOS-As part of its determination to encourage newly licensed automotive brands that aim to build assembly plants in Nigeria, the Nigerian Customs Service (NCS) has commenced...
ABUJA-THERE are high indications that the Aso Rock Presidential Villa, Nigeria’s seat of power may have been thrown into darkness by the Transmission Company of Nigeria, TCN,...
JOHANNESBURG-A new Liberian bid round for four offshore oil blocs is courting investment from ECOWAS companies, using an incentive that targets regional upstream operators which is...
LAGOS-The Independent Petroleum Marketers Association of Nigeria (IPMAN), at its general meeting at Mosimi Depot, Sagamu, Ogun State, has resolved to sanction and sue some of...
Mahindra & Mahindra Ltd. (MM), India’s largest maker of tractors and sport utility vehicles, is in advanced talks to buy PSA Peugeot Citroen (UG)’s scooter business,...
… As PENCOM Grants 12-Month Window for Compliance ABUJA-The Management of the Nigerian National Petroleum Corporation (NNPC) on Monday assured members of staff and the general...
