NNPCL, JV Partner to Minimize Gas Flaring by 96%
The Nigerian National Petroleum Company Limited (NNPCL) has achieved a significant milestone in reducing gas flaring, announcing a remarkable 96% decrease at the Anyala (OML 83) and Madu (OML 85) fields....
Nigeria's Consumer Goods Market Hits New High of N11.1bn
The Nigerian Exchange (NGX) has witnessed a significant milestone, with the consumer goods sector reaching a record total market capitalization of N11.1 billion.
As of the latest trading data, the sector is experiencing increased...
World Bank Urges FG to Ease Private Sector Constraints
The World Bank has called on the Federal Government to tackle major obstacles stifling private sector growth in Nigeria. By implementing reforms in crucial sectors, the country could unlock billions of...
NEITI Reveals Oil and Gas Industry's $6.1bn Debt to FG
The Nigeria Extractive Industries Transparency Initiative (NEITI) has revealed that the oil and gas industry owes the federal government a whopping $6.1 billion in outstanding liabilities as of August 2024.
These...
Manufacturers Push for DisCos Review Amidst Proposed Tariff Hike
The Manufacturers Association of Nigeria (MAN) has called on the Federal Government to review the performance of electricity distribution companies in light of their investment in distribution infrastructure, following reports of...
NPA Proposes 15% Tariff Hike, May Trigger Fresh Price Increase
The Nigerian Ports Authority (NPA) has announced plans to implement a 15% increase in its tariffs, marking the first review in over three decades, since 1993. According to the NPA,...
