More Firms Eye CPs As Market Liquidity Hits N1.2tr   The recent sourcing of N50 billion through Commercial Paper (CP) issuance by Dangote Cement Plc has ignited fresh interest among companies to focus attention on that segment of the market, THISDAY checks have revealed. CPs are...

Debt: Power Distribution Firms Owe NBET N859bn   The indebtedness of power distribution companies to the Nigerian Bulk Electricity Trading Company has risen to N859bn. As a result, the NBET has accumulated a total debt of N325.784bn, which is meant for the payment of power produced by...

NERC Okays More Firms To Procure, Install Meters The Nigerian Electricity Regulatory Commission on Thursday announced that it had cleared eight more firms and issued each of them a ‘No Objection’ to serve as Meter Asset Providers in the electricity supply industry. According to NERC, the...

Firms Partner To Invest In compressed Gas Project Powergas Nigeria, a domestic Compressed Natural Gas (CNG) Distribution Company and European Technologies for Africa (ETEFA)- an Austrian green technology company, are investing in the development of CNG as an alternate fuel for mass-transit and haulage sector...

Baru Urges NNPC And Oil Service Firms To Go Global The Nigerian National Petroleum Corporation (NNPC) and indigenous oil services firms should extend their operations to other petroleum industries across the world. NNPC Group Managing Director (GMD) Dr Maikanti Baru has said. Baru who spoke while...