$2.8bn Gas Pipeline Ready to Power 3,600MW plants, Says FG
The Vice President, Prof. Yemi Osinbajo, on Monday announced that the $2.8bn Ajaokuta-Kaduna-Kano natural gas pipeline project being constructed by the Federal Government through the Nigerian National Petroleum Company Limited and its partners, is now...
E-payments Rise to N49trn Over Naira Crisis - Report
The new industry statistics from the Nigeria Inter-Bank Settlement System ( NIBSS) showed that Nigerians used electronic gateways 1.35 billion times in March, 448.54 million times more than the 901.46 million times they did in February.
The...
Naira Falls at Parallel Market, Gains at Investors’ Window
Naira performance on Monday in the currency market varied across market segments.
At the parallel market, the naira weakened by 0.41 per cent to close at N741 against the greenback; while at the I &E window, the...
Striking Aviation Workers Shun Govt Plea, Insist On Total Shutdown
Aviation workers have threatened to shut down the country’s airports, as they enter the second day of their strike to the Federal Government failed to meet their demands.
This was despite a statement by the Ministry...
NUPENG To FG: Ensure Refineries Work Before Subsidy Removal
Against the backdrop of the planned removal of subsidy from premium motor spirit (PMS), the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has warned the federal government against going ahead without bringing the local...
'High Cost of Cooking Gas Due To FX Scarcity, Inadequate Infrastructure'
Founder and Chief Executive Officer of Hyde Energy Limited, a downstream oil and gas company, Mr. Oladimejj Edwards, has attributed the high cost of Liquefied Petroleum Gas (LPG), popularly known as cooking gas, to...
