The Central Bank of Nigeria (CBN) on Monday said it has released US$500 million to various sectors to further address the backlog of verified foreign exchange transactions. The Acting Director…
Read More CBN releases $500m to clear more verified FX liabilities backlogCategory: Economy
Transparency: EITI rates NNPC ltd high in compliance
…As Kyari Insists No Public Fund Withheld Global transparency body, Extractive Industries Transparency Initiative (EITI), has scored the Nigerian National Petroleum Company Limited (NNPC Ltd) very high in its latest…
Read More Transparency: EITI rates NNPC ltd high in complianceNigeria-Morrocco Gas Pipeline: FG, Morocco in talks to expedite project
In a bid to fast-track the process of achieving the Final Investment Decision (FID) on the Nigeria-Morocco Gas Pipeline, the Federal Government has intensified discussions with the Kingdom of Morocco.…
Read More Nigeria-Morrocco Gas Pipeline: FG, Morocco in talks to expedite projectAtiku asks Tinubu to explain NNPC $3.3bn loan with $7bn interest
Our reporter/ The presidential candidate of the Peoples Democratic Party (PDP) in the last general election, Atiku Abubakar on Thursday asked President Bola Tinubu to account for the Nigerian National…
Read More Atiku asks Tinubu to explain NNPC $3.3bn loan with $7bn interestShortfall in gas supply responsible for low power generation – TCN
Our reporter/ The Transmission Company of Nigeria (TCN) has blamed gas constraints on thermal generating companies for the drop in power supply nationwide. TCN General Manager of Public Affairs, Ndidi…
Read More Shortfall in gas supply responsible for low power generation – TCN
