Business

FG Inaugurates CNG Conversion Center In Kaduna

The Presidential Compressed Natural Gas Initiative has inaugurated the Kaduna State CNG conversion centre as part of the Federal Government’s effort to mitigate the effect of subsidy removal.According to the Chairman of the Presidential CNG Initiative Steering Committee, Zacch...

FG Moves to Securitise NLNG Dividends for $7bn Cash

FG Moves to Securitise NLNG Dividends for $7bn Cash

As part of efforts to boost foreign currency liquidity in the economy and strengthen foreign exchange (FX), the federal government has concluded plan to securitise about $7 billion of the country’s dividends from the Nigerian Liquefied Natural Gas (NLNG)....

Tinubu Appoints CEOs In FMITI

President Bola Tinubu has appointment new Chief Executive Officers for various agencies and parastatals under the Federal Ministry of Industry, Trade, and Investment.The Special Adviser to the President on Media & Publicity, Ajuri Ngelale announced this in a State...

NERC Directs DISCOs To Refund Meter Customers

The Nigerian Electricity Regulatory Commission, NERC, has directed customers to seek refund in form of ‘Energy Credit’, spanning a period of three years, from Electricity Distribution Companies, DISCOs, for prepaid meters purchased under the Meter Asset Provider (MAP) scheme.The...

A Storm Of Investments Is Heading To Nigeria

A STORM OF INVESTMENT worth tens of billions of dollars is heading to Nigeria, states Ngelale from India, after Tinubu closes 14 billion dollar worth of investment deals on his FIRST DAY in India, with Tinubu yet to speak...

Aviation workers opt out of NLC strike

Aviation unions under the Nigeria Labour Congress (NLC) have opted out of the two-day warning strike called by their parent body.The leadership of the unions say the reason for their opt-out is their unwillingness to jeopardise the industry’s safety...

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