FEC Approves $2.2bn External Borrowing Plan
The Federal Executive Council on Thursday approved a $2.2bn external borrowing plan.
This is part of the Federal Government’s external borrowing programme for the 2024 Appropriation Act, the Finance Minister, Mr Wale Edun, told State House Correspondents after the Federal...
NNPCL Denies Halting Petrol Imports
The Nigerian National Petroleum Company Limited (NNPCL) has described a news report that it has ended the importation of refined petroleum products and is now sourcing from the Dangote Petroleum Refinery and other local refineries as a misrepresentation and misinterpretation...
Oil Revenue may Reach N6.9tn Monthly as Production Rises
The Federal Government is set to earn about N6.99tn monthly from the oil sector as the Nigerian National Petroleum Company Limited in collaboration with stakeholders, has raised crude oil production to 1.8 million barrels per day.
The...
IPMAN, Dangote Refinery Reach Agreement to Lift Products Directly
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has secured an agreement with Dangote Refinery to lift products directly.
IPMAN National President, Abubakar Garima, announced this in Abuja on Monday after a meeting of the National Working...
NCAA Unveils Mobile Solution for Airline Delays
The Nigerian Civil Aviation Authority (NCAA), in partnership with an insurance company and an international technology firm, has launched a mobile platform designed to minimise passenger delays and ensure compensation from airlines to travellers whenever delays exceed three...
Grid Collapse: Nigerian, Indian Firms Partner to Address Electricity Crisis
As Nigeria battles frequent grid collapses, XGT Smart Consults has signed an agreement with an India-based company, ADM-Orient Solar Power.
The deal aims to deliver long-lasting energy solutions that will address the power issue and support...
