Category: Business News
Business News
Oando @ 30: The rise and rise of an indigenous Nigerian oil company
Oando Plc has rolled out drums to celebrate 30 years of existence with a track record of outstanding services in the oil industry.
Abuja Disco to pay N1.69bn fine for overbilling electricity consumers -NERC
The fine, amounting to N1.69 billion, is the result of AEDC’s non-compliance with NERC’s previous order on capping estimated billing for electricity consumers.
AFC leads Nigeria’s inaugural domestic dollar bond, raises US$900m
It marks the first issuance under the FGN’s Domestic US Dollar Bond Programme.
Petrol price hike’ll heighten energy poverty, transfer N5trn from Nigerians to govt, says Rewane
Rewane also predicted that the new price of petrol would increase the number of Nigerian citizens trapped in energy poverty to 168 million in 2025, from 161 million in 2023.
Global Africa Business Initiative announces line up for 2024 flagship event “Unstoppable Africa: The Solution for a Global Future”
Unstoppable Africa will be hosted by Folly Bah Thibault from Aljazeera English and Larry Madowo from CNN and is supported by African Union, Afreximbank, BUA, Flour Mills Nigeria, Google, Rockefeller Foundation, Safaricom, and Summa Group, among others.
NLC demands reversal of petrol price, set to meet
We are filled with a deep sense of betrayal as the Federal Government clandestinely increases the pump price of PMS
Allianz Risk Barometer 2024 highlights key risks in the renewable energy sector
Collaborative efforts between governments and private entities can foster innovation and accelerate the transition to a low-carbon economy.
Kerosene prices soar by 13.81% to N1,769/litre
Jigawa recorded the highest average retail price per gallon of Household Kerosene with N7,250.00, followed by Taraba with N7,218.27 and Kebbi with N7,158.33.
UNDP launches #IAMSahel campaign to foster collective action and catalyse investments in the Sahel
The #IAMSahel campaign is not merely a collection of stories; it symbolises our renewed commitment to supporting the Sahel as it regenerates itself through our programmatic offer focusing on – Governance, Youth and Renewable Energy
Petrol scarcity worsens as independent marketers load at N780/litre
However, NNPCL’s Vice President (Downstream), Dapo Segun, attributed the shortage to rains, lightning and thunderstorms