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The Federal Government has concluded implementation frameworks for a N4 trillion government-backed bond aimed at settling verified arrears owed to power Generation Companies (GenCos) and gas...
Femi Otedola, the chairman of Geregu Power Plc, has sold part of his stake in the company in a transaction valued at about N1.19 billion. The...
Enugu State Governor, Peter Mbah, has announced that Sujimoto Luxury Construction Company Limited, owned by Olasijibomi Ogundele, has commenced refunding the N5.7 billion paid to them...
…global project management leaders say refinerya Catalyst for Project Management Evolution The Dangote Petroleum Refinery has earned a high commendation from the Global Board members...
Shell Nigeria Exploration and Production Company Limited (SNEPCo), a subsidiary of Shell plc, says it has taken a final investment decision (FID) on the HI offshore...
Nigeria’s crude oil production shrank to 1.39 million barrels per day in September 2025, marking the second consecutive month of reduced output. However, the Nigerian Upstream...
Africa’s richest man, Aliko Dangote, has warned that claims of monopoly, especially in the petroleum sector, are capable of discouraging local investment in the nation’s economy....
Nigeria’s sweeping fiscal and tax reforms have boosted government revenues and strengthened economic stability, but their real impact has been tempered by high inflation and a...
First City Monument Bank says it is marking the 2025 Customer Service Week with a renewed focus on turning everyday challenges into opportunities through innovation and...
GEREGU Power Plc has reported a profit after tax of N25.1bn for the nine months ended September 30, 2025, representing a resilient performance amid rising finance...