NLNG, NMDPRA Partner On Domestic Gas Supply
The Chief Executive Officer, Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) Engr. Farouk Ahmed, said the Authority was ready to partner with the Nigerian Liquified Natural Gas (NLNG) towards solving Nigeria’s energy...
Subsidy Extension Stalls Petroleum Industry Act
Implementation of the Petroleum Industry Act (PIA) is no longer tenable with the continuation of petroleum subsidy payment.
President Muhammadu Buhari will propose an 18-month extension to the National Assembly.
The PIA, signed on August 16,...
NBET Pays N42bn To GenCos For November Power Supply
The Nigerian Bulk Electricity Trading Plc said yesterday it remitted N42 billion to power generation companies, GENCOs, for electricity supplied to the national grid in November, 2021.
The bulk trader in a...
FAAN Targets 30% Revenue Increase
The Managing Director, Federal Airports Authority of Nigeria (FAAN) Captain Rabiu Hamisu Yadudu has said the authority will grow its revenue by 30 per cent by the second quarter of the year.
Part of the strategy...
Who Is Fit Enough To Wear Enyeama's Big Boot? by Aderonke Ogunleye-Bello
At the age of 37, Vincent Enyeama was forced to hang his boots, long before social media obsession became the order of the day in the Super Eagles.
We...
IMF Raises Nigeria’s 2023 Economic Growth Forecast To 2.7%
The International Monetary Fund, IMF, has raised its forecast for Nigeria’s Gross Domestic Product, GDP, growth in 2023 to 2.7 per cent.
The new forecast was contained in the IMF’s January World...