COVID-19: Airlines Face New Threat As Second Wave Spreads       With the rising cases of COVID-19 in Nigeria and other countries, Nigerian airlines are likely to be hard hit again by the impact of the looming second wave on air travel. Aviation experts have expressed worry that...

Renewable Energy Breakthrough Threatens Nigeria’s Gas Investments         Efforts by the government to harness its 203.16 trillion cubic feet (TCF) gas reserves to spur economic activities and boost revenue may remain elusive as an emerging energy solution, especially renewable energy and energy storage, are projected to...

GITEX 2020: NITDA Creates Big Data Platform To Scale Up Investments In Digital Economy         As the global economy is rapidly transforming through creative innovations, Nigeria has created Big data platform to improve data gathering for service delivery. The Director General of National Information Technology Development Agency...

Oil Exploration Activities Decline, Threaten 40bn Reserves Target           Nigeria has recorded a significant 19.3 per cent decline in the level of oil exploration in the first 10 months of this year, a development which may be threatening the Federal Government’s plan to restore growth in...

We’ll Resuscitate Ajaokuta Steel, Ore Mining Firm – Fed Govt         The Federal Government is working to resuscitate the Ajaokuta Steel Company Limited and National Iron Ore Mining Company Limited at the same time, the Permanent Secretary, Federal Ministry of Mines and Steel Development, Oluwatoyin Akinlade,...

OPEC, Russia Deal Raises Hope For Crude Oil         A fresh hope for oil producing countries such as Nigeria, and Algeria was raised at the weekend as oil prices hit the highest level since early March after major producers agreed to a cautious increase in output...