The Nigerian National Petroleum Corporation (NNPC) has said that Nigeria’s proven gas reserves of 192 trillion cubic feet (TCF) can only sustain the country’s plan to generate 20,000 megawatts (MW) of power and provide gas to guarantee 64 -metric...
The Nigeria Economic Summit Group has partnered the British High Commission and the United Kingdom’s Department for International Development to host a public dialogue on the Central Bank of Nigeria’s foreign exchange policy.
The forum, which was a follow-up to...
As promoters of wonder banks and other ponzi schemes in the country continue to lure members of the public to mouthwatering offers, the Nigeria Deposit Insurance Corporation (NDIC) has warned members of the public not to patronise such investment...
Capital expenditure (Capex) in the oil and gas industry in sub-Saharan Africa has been cut by $100 billion over the next five years, according to Wood Mackenzie’s latest report on upstream activity in the region.
The new report revealed that...
The Central Bank of Nigeria has announced that it has provided a total sum of $660m to the manufacturing sector in the last one month.
The amount, the apex bank said, was made available to the manufacturers through the interbank...
The Nigerian National Petroleum Corporation has defended the recent N4 increase in the pump price of Premium Motor Spirit at its filling stations across the country despite the statement made by the Minister of State for Petroleum Resources, Dr....
