Nigeria Closer To Full Gas Utilisation Potential, Says Buhari         President Muhammadu Buhari, on Tuesday said Nigeria under his watch was getting closer to the nation’s dream of full utilisation of its abundant gas potential. According to a statement by his Special Adviser on Media and Publicity,...

NNPC Adopts Third Party Financing For Oil, Gas Projects       The Nigerian National Petroleum Corporation on Tuesday said it was currently focusing on third party financing of oil and gas development projects. Group Managing Director, NNPC, Mele Kyari, said this while playing host to the Chairman, Revenue...

BUA, Chinese Firm To Build $1.05bn Cement Plants       BUA Cement has signed an agreement with Sinoma CBMI of China for the construction of three new cement plants of three million tonnes each per annum, a project valued at $1.05bn. A statement by the company on Tuesday...

Aviation: Experts Foresee Early Recovery In Africa         Aviation experts have foreseen an early recovery for aviation. This is despite the challenges that had ravaged the industry as well as the second wave that have forced some countries to close their borders. Over 40 countries have banned flights...

Cooking Gas Price Rises 20% On Weak Naira         The price of Liquefied Petroleum Gas, popularly known as cooking gas, sold to marketers in the country has risen by over 20 per cent in the past one month, with consumers paying more for the product. The naira...

CBN Debits 23 Banks N349.72bn       The Central Bank of Nigeria has debited 23 financial institutions N349.72bn in Cash Reserve Requirement. These debits occurred towards the end of last week, as the apex bank intensified its effort in mopping liquidity amid rising inflation. The recent action by the...