IAE 2024 Set To Shape Africa’s Energy Future Through Collaboration, Investment
By Patience Chat Moses
The Invest in African Energy 2024 (IAE) is set to take place as a pivotal forum, fostering collaboration between global investors and Africa’s burgeoning energy markets.
The two-day event is!-->!-->!-->!-->!-->!-->!-->…
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Nigeria LNG Limited Partners with Hospitals to Enhance Healthcare Infrastructure
By William Emmanuel Ukpoju
In a significant stride toward improving healthcare infrastructure and services across Nigeria, Nigeria LNG Limited (NLNG) has signed Memoranda of Understanding (MOUs) with three prominent medical!-->!-->!-->!-->!-->…
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NCDMB Receives $1m Return on Investment from NEDOGAS
Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr Felix Omatsola Ogbe with, Chairman NedoGas Development Company Limited (NDCL), Engr. Emeka Ene at the ceremony marking the payment of $1m being return on!-->…
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Power Outage Alert: TCN Announces Maintenance on Shiroro-Gwagwalada Transmission Line
By William Emmanuel Ukpoju
The Transmission Company of Nigeria (TCN) has announced a scheduled maintenance operation that will temporarily disrupt electricity supply in several areas. The maintenance is set to occur today,!-->!-->!-->!-->!-->…
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Trade Made Easy: Tinubu Introduces National Single Window for Seamless Commerce
By William Emmanuel UkpojuIn a significant development for Nigeria's economic future, President Bola Tinubu has launched the National Single Window initiative, signalling a major shift in the country's trade dynamics.
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Nigeria Redirects Trillion Naira from Subsidies to Surge Power Infrastructure
By William Emmanuel Ukpoju
In a significant policy shift, the Nigerian government has announced plans to redirect over N1 trillion saved from the withdrawal of electricity subsidies towards enhancing the country’s power supply and!-->!-->!-->!-->!-->…
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Tinubu’s Assurance: ‘Nigeria to Witness Economic Glory by End of 2024’
By William Emmanuel Ukpoju
At a recent gathering of Nigeria’s political leaders in Lagos, President Bola Tinubu delivered a message of economic optimism, forecasting a robust turnaround for the nation’s economy by December 2024.
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Power Disruptions: BEDC Takes Ownership, Clarifies Actual Causes
By William Emmanuel Ukpoju
In a recent turn of events, the Benin Electricity Distribution Company (BEDC) has come forward to address the confusion surrounding its inability to provide consistent power supply to its Band A customers.!-->!-->!-->!-->!-->…
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Naira Over Dollar: EFCC Re-enforces Nigeria’s Currency Laws, Cracksdown on Dollarization
By William Emmanuel Ukpoju
In a recent development, the Economic and Financial Crimes Commission (EFCC) has declared a crackdown on establishments within Nigeria that demand payment in dollars for services rendered.
EFCC’s!-->!-->!-->!-->!-->!-->!-->…
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CBN Cracks Down on Foreign Currency Collateral for Loans
By William Emmanuel Ukpoju
In a decisive move to reinforce the stability of Nigeria’s financial system, the Central Bank of Nigeria (CBN) has issued a new directive that restricts the use of foreign currency as collateral for naira!-->!-->!-->!-->!-->…
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