The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has disclosed that the country’s oil and condensate reserves as at Jan. 1, stands at 36.966 billion barrels. This...
The Debt Management Office (DMO) has rubbished a report that Nigeria defaulted in loan repayment to China. In a statement on Wednesday, the DMO said it...
The Shell Petroleum Development Company of Nigeria (SPDC) on Wednesday denied claims that it was in violation of Nigerian Content laws at the EA fields in...
Point of Sale terminals recorded N1.15 trillion transactions in March 2023. The Nigeria Inter-Bank Settlement System, NIBSS, disclosed this in its latest report on Monday. The...
Nigerians including companies, and government agencies paid a total of N828 billion for electricity in 2022, the National Bureau of Statistics (NBS) has revealed. The amount...
The Nigeria Electricity Regulatory Commission (NERC), has said that it will soon provide four million prepaid meters to electricity consumers in the country. NERC Commissioner in...
9mobile, a telecommunications company, on Tuesday says it has invested N70 billion on its ongoing network modernisation. 9mobile, in a statement made this known during its...
The Federal Government has disclosed it will increase excise tax on tobacco products from 30 per cent ad-valorem to 50 per cent as part of measures...
Empower New Energy, a Norwegian renewable energy company, has signed a $6.5 million solar deal with Justrite, a Nigerian supermarket chain. The deal is to replace...
President of the African Development Bank (AfDB), Akinwunmi Adesina has disclosed that Nigeria needs food and energy security for sustainable economic development. Adesina spoke on a...