CBN Wants Stronger Monitoring and Evaluation to Boost Project Efficiency in West Africa
The Central Bank of Nigeria (CBN) has called for a renewed focus on monitoring and evaluation (M&E) in project management across West Africa, highlighting its importance during a time of limited resources.
The...
FG Pursues $750m W’Bank Loan, may Reintroduce Telecom Tax
In pursuit of securing a new $750m loan from the World Bank, the Federal Government may reintroduce previously suspended telecom tax and other fiscal measures.
This is according to the Stakeholder Engagement Plan for Nigeria – Accelerating...
Seplat Announces Plan to Deliver 13 New Oil Wells
Seplat Energy Plc has announced its drilling programme for 2024 with plans to deliver 13 new oil and gas wells across its operated and non-operated assets.
The company disclosed this in its unaudited results for the first...
FG Reduces Tariff for Band A Customers to N206.80/kwh
The Federal Government has approved a downward review in electricity tariff for Band A customers to N206.80/kwh, from N225/kwh.
Ban A customers are electricity consumers with a minimum supply of 20 hours daily.
In a notice to its...
Nigeria Signs Afrexim Bank Trade Development Fund
Nigeria has officially signed the Establishment Agreement for the Fund for Export Development in Africa (FEDA), an impactful investment platform managed by the African Export-Import Bank (Afreximbank). With this accession, Nigeria becomes the 16th nation to join the...
FG Splits TCN, Hands National Grid to New Company
A new order by the Nigerian Electricity Regulatory Commission (NERC) will, in the next 30 days, create the Nigerian Independent System Operator of Nigeria Limited (NISO), leading to a split of the Transmission Commission of Nigeria...
