Port Harcourt Refinery's Second Plant Under Progress – Onanuga
The Special Adviser on Information and Strategy to President Bola Tinubu, Mr Bayo Onanuga, has said work is currently ongoing at the 150,000 barrels per day plant of the Port Harcourt Refining Company in Rivers State.
PHRC...
World Bank's $200m Used to Expand Power Transmission – TCN
The Transmission Company of Nigeria, TCN, says it is expanding its capacity nationwide with a $200m World Bank project to ensure sufficient electricity supply.
The Managing Director, TCN, Sule Abdulaziz, disclosed this on Wednesday when he...
Housing Demand in Africa will Create $1.4trn Investment Opportunity by 2050 – AfDB
President of African Development Bank (AfDB), Akinwumi Adesina, says Africa presents a unique investment opportunity that cannot be ignored.
Adesina spoke at the opening ceremony of the 2024 Africa Investment Forum (AIF) Market...
FG Invests $450m in CNG – Minister
The Minister of Petroleum Resources (Gas), Ekperikpe Ekpo, says the Federal Government has so far invested $450m in Compressed Natural Gas.
Ekpo disclosed this at the ongoing Practical Nigerian Content Forum organised by the Nigerian Content Development and Monitoring...
Fuel Imports Hit 2.3bn Litres Despite Local Production
Despite the commencement of petrol production by two major refineries in Nigeria in the last three months, oil marketers have continued to import and distribute the product nationwide.
It was gathered on Wednesday that marketers imported 2.3 billion...
CBN to Launch New Website Today
The Central Bank of Nigeria (CBN) has announced the launch of its new website on Monday (today).
In a statement signed by the acting Director of Corporate Communications, Sidi Ali, the bank said the new website will become operational on...
