Nigeria Loses 20% of Gas Exports to Pipeline Vandalism   A recent pipeline attack by suspected vandals has severely impacted Nigeria's liquefied natural gas exports, resulting in a substantial 20% decline. The damage to critical pipelines has disrupted the country's ability to export LNG, highlighting the ongoing...

NNPCL Launches Five LNG Expansion Project in Kogi   The Nigerian National Petroleum Company Limited (NNPCL) has officially commenced the construction of five mini Liquefied Natural Gas (LNG) plants in Ajaokuta, Kogi State. The initiative, aimed at expanding Nigeria’s domestic gas utilisation, is expected to boost energy...

MAN Calls for Electricity Tariff Reduction, Caution on GDP Rebasing   The Manufacturers Association of Nigeria (MAN) has reiterated its determination to push for a reduction in electricity tariffs while cautioning the Federal Government against politicising the planned Gross Domestic Product rebasing process. MAN’s leadership, during its...

Mining Marshals Commander Seeks Media Support in Tackling Illegal Mining The Commander of the Mining Marshals, ACC John Attah Onoja, has called for increased media support in educating the public on the dangers of illegal mining, its consequences, and the importance of responsible mining practices. ACC...

NGX Trading Reverses as Investors Gain N364bn The Nigerian Stock Exchange witnessed a market reversal as equity investors gained N364bn following an improvement in the All-Share Index, which surged by 0.57 per cent to close at 104,549.74 points. The market capitalisation now stands at N64.5tn. This marked...

Nigeria's E-transactions Hit N1.07 quadrillion in 2024 Electronic payment transactions in Nigeria rose to N1.07 quadrillion in 2024, reaching an all-time high and the first time to hit the quadrillion mark, according to the Nigeria Inter-Bank Settlement System. The data released by NIBSS showed that the...