Industry

The second coming of Donald Trump as the 47th President of the United States of America might throw a big blow on the naira, an economic expert, Ugodre Obi-Chukwu said. Obi-Chukwu said Trump’s assumption into office could strengthen…
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MOJEC International Limited, has reaffirmed its position as the largest smart meter manufacturer in sub-Saharan Africa with groundbreaking achievements in 2024. In its unwavering commitment to advancing energy access and efficiency,…
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Nigeria’s total public debt has risen to N142.3 trillion as of September 30, 2024.This represents an increase of 5.97% (N8.02 trillion) compared to N134.3 trillion in June 2024.The rise is attributed to the combined effects of…
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Geometric Power’s Independent Power Project, IPP, Aba. Electricity supply to the Aba Ringfence covering nine of the 17 local government areas (LGAs) in Abia State declined by 40% at the weekend following an attack on the oil pipelines…
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Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele has assured Nigerians that hardship will soon be forgotten in the country. He added that the ongoing economic reforms by President Bola Tinubu’s…
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NJ Atura to …The African Energy Chamber commends Nigeria for its dedication to simplifying policies and facilitating market growth for global oil and gas investors in the country’s energy sector Nigeria ranks as Africa’s leading…
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The Presidential candidate of the Social Democratic Party (SDP) in the 2023 presidential election, Prince Adewole Adebayo, has expressed concern over the current administration's economic policies, arguing that the removal of fuel…
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Minister of Finance and Coordinating Minister of the economy, Wale Edun, has said the biggest challenge with stabilising the nation’s economy is taming inflation. According to him, despite high inflation, Nigeria’s economy is on a…
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The World Bank has banned two Nigerian companies and their boss from working on its projects for two and a half years. The companies are Viva Atlantic Limited and Technology House Limited, and their leader is Mr. Norman Didam as…
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Petroleum Technology Association of Nigeria (PETAN) has advocated for the preferential contract offer to indigenous oil companies in Nigeria as enshrined under the law. Engr. Wole Ogunsanya, The association chairman, joined industry…
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