Nigeria’s electricity generation capacity yesterday hit 4,132.7 megawatts (MW) from about 3,300mw recorded last week. The increase can be attributed to the reopening of the about...
*Urges Nigerians not to panic The Central Bank of Nigeria, CBN, yesterday threatened to suspend banks that help in fueling speculative demand of foreign exchange, forex...
Nigeria has announced plans to build modular refineries with capacity of between 20,000 to 25,000 barrels per day to boost domestic fuel supply. Mr. Tim Okon,...
Power supply in Nigeria is set to increase significantly, as the Nigerian National Petroleum Corporation said that the Trans Forcados oil pipeline has been reopened. Mr....
The Naira on Monday rebounded to gain N6 against the dollar following the Central Bank of Nigeria’s (CBN) plan to upwardly review the weekly Forex cash...
Director, Advisory, Oil and Gas, Price Water House Ltd. Mr Ritch Wingo said oil companies may lay off workers due to the drop in oil price...
OPERATORS in the rice and palm oil sectors of the Nigerian economy have cried out that their investments and the Transformation Agenda of the Federal Government...
Federal Government’s directive last week Monday to slash fuel prices is a sober and welcome development which Nigerians should all applaud. The projected direct effect of...
Global business and public sector leaders were in Davos Swizerland engaged in debate about the growing youth unemployment which many have said is growing in an...
The Securities and Exchange Commission (SEC) has approved plans by Access Bank Plc to raise N52.6 billion through rights issue for its expansion and stronger cash...
