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Category: Business

Business Economy headline

FG begins unbundling of 11 DisCos, orders sale of four

Iheanyi Ejiofor April 23, 2024 No Comments #DisCos

Our reporter/ The federal government has commenced the process of unbundling 11 electricity distribution companies to pitch them up for efficiency. The minister of power, Adebayo Adelabu made the disclosure…

Read More FG begins unbundling of 11 DisCos, orders sale of four
Business Economy headline

Again, Dangote cuts diesel, aviation fuel to N940, N980

Iheanyi Ejiofor April 23, 2024 No Comments #Dangote#Diesel

Our reporter/ Dangote petroleum refinery has again reduced the prices of diesel and aviation fuel to N940, and N980 per litre, respectively. The refinery two weeks ago reduced the price…

Read More Again, Dangote cuts diesel, aviation fuel to N940, N980
Business Economy headline

NNPC Ltd, Partner unlock 12,000bpd Production from Awoba unit field 

Iheanyi Ejiofor April 23, 2024 No Comments #NNPC

Keen on optimising production from the nation’s hydrocarbon assets to boost revenues and meet the nation’s OPEC production quota, the Nigerian National Petroleum Company Limited (NNPC Ltd) and its Joint…

Read More NNPC Ltd, Partner unlock 12,000bpd Production from Awoba unit field 
Business Economy

NNPC Chief, Mele Kyari bags Energy Times’ GCEO of the year award

Iheanyi Ejiofor April 23, 2024 No Comments #Gas#NNPCMele Kyari

  …Pledges to transform Nigeria into a gas-powered nation Group Chief Executive Officer, NNPC Ltd, Mr. Mele Kyari has been honoured with the Energy Times’ GCEO of the Year Award…

Read More NNPC Chief, Mele Kyari bags Energy Times’ GCEO of the year award
Business Economy headline

Nigeria seeking up to $2.25bn in World Bank loans

Iheanyi Ejiofor April 23, 2024 No Comments #Loan#Wale Edun#World Bank

Nigeria is seeking up to $2.25 billion in World Bank loans and expects the bank’s board to approve the request in June, the government said in a statement following the…

Read More Nigeria seeking up to $2.25bn in World Bank loans

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