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Default: Power Group Seeks Market Operators, DisCos’ Increased Engagement

Mohammed Shosanya Power Up Nigeria,a consumer group in the nation’s power sector,has advocated the need for increased engagement between Market Operators and Distribution Companies to resolve issues surrounding the latter’s non-compliance with

April 30, 2023

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FG Didn’t Suspend Removal Of Fuel Subsidy, Says Minister

Tunde Sholanke The Federal Government,Friday, announced that it has not suspended the removal of fuel subsidy in Nigeria. The latest position was at variance with Thursday’s disclosure by Minister of Finance, Budget

April 28, 2023

Oil&Gas

NNPCL, Norwegian Firm To Build Floating LNG Plant In Nigeria

Mohammed Shosanya Nigerian National Petroleum Corporation Limited (NNPCL) has signed a memorandum of understanding (MoU) with Norwegian Golar LNG, an owner and operator of marine LNG infrastructure, to build a floating LNG

April 28, 2023

Oil&Gas

Oyo Govt, Contractor Bicker Over Light-Up Oyo Project

Tunde Sholanke Oyo State Government and the contractor handling the Light-Up Oyo Project have bickered hindering the citizens of the state from utilizing the project. Wasiu Olatubosun,Commissioner for Information, Culture and Tourism,confirmed

April 28, 2023

Power

Overview Of Modifications To Consumer Protection Laws In The Nigerian Electricity Supply Industry By The Consumer Protection Regulations 2023

By Emeka Dite A. Ojoko, ACIArb, ABR, AICMC, FIDR The Nigerian Electricity Regulatory Commission (“NERC”), acting pursuant to the Electric Power Sector Reform Act (“EPSRA”), issued a Consultation Paper on the Review

April 28, 2023

Power

Nigeria Didn’t Lose $2.4bn Crude Oil Sale To China, Malami Claims

Mohammed Shosanya The Minister of Justice and Attorney General of the Federation (AGF), Abubakar Malami has faulted claims that the country lost over $2.4bn revenue from alleged illegal sale of 48 million

April 28, 2023

News·Nigeria News

Expose Illegal Fund Managers, SEC Tells Investors

Mohammed Shosanya The Securities and Exchange Commission has urged members of the public to report any fund manager operating without the registration of the commission. Chief Economist, SEC Dr. Okey Umeano,who stated

April 27, 2023

Regulators·SEC

Missing Enugu APGA Governorship Aspirant Found Dead

Musbau Babatunde Former governorship aspirant in the last governorship election under All Progressives Grand Alliance (APGA) in Enugu State, Dons Udeh has been found dead. He was reported missing last Saturday. His

April 27, 2023

Crime/Metro

FG Picks May 15 As Delivery Date Of Completed 2nd Niger Bridge Project

Mohammed Shosanya The Minister of Works and Housing, Babatunde Fashola has said that the 2nd Niger Bridge project is fully completed and set to be handed over to the end users by

April 27, 2023

News·Nigeria News

e-Naira Is Safe,CBN Insists

Tunde Sholanke The Central Bank of Nigeria (CBN) has assured Nigerians of the safety of their money in banks through the operation of the e-naira. Mr Chika Ugwueze, Assistant Director Payments System

April 27, 2023

Banking&Finance·Business

OTC: Experts To Dissect Opportunities For Africa

Mohammed Shosanya African oil and gas executives and Small Medium Enterprises (SMEs) operators will discuss opportunities for investment in the industry at the forthcoming 2023 Offshore Technology Conference(OTC) in Houston, Texas,United States

April 27, 2023

Oil&Gas

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