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T‌elcos Hint On Disconnection of Banks’ USSD Services Over N42bn Debt

The Association of Licensed Telecommunications Operators of Nigeria has hinted that it will disconnect Financial Service Providers from Unstructured Supplementary Service Data services from March 15 until they pay their over N42bn

March 13, 2021

by Mohammed Shosanya

Africa Will Champion Global Refinery VDU Capacity Additions By 2025-Report

Africa will register the highest refinery vacuum distillation units (VDU) capacity additions globally during 2021 to 2025, contributing around 33% of the total capacity additions by 2025, a report by GlobalData has

July 10, 2021

Oil&Gas

Philip Mshelbila Emerges As New Boss Of NLNG

The Board of Directors of Nigeria LNG Limited (NLNG) at its last board meeting approved the appointment of Dr. Philip Mshelbila as successor to Engr. Tony Attah, Managing Director and Chief Executive

July 10, 2021

Oil&Gas

Oil:Nigeria Rakes In N1.41tr In 2020

Nigeri raked in N1.41tn from oil sector as against its projected N1.01tn in 2020, a report by BudgIT said. The report said the Federal Government made N1.26tn from non-oil revenue sources as against

July 10, 2021

News

Glo Commences 4G LTE,Data Roaming Services In China,UAE

Globacom, has commenced pre-paid roaming, data roaming and 4G LTE services in China and the United Arab Emirates. The telecommunication company said thev new service is part of the brand’s effort to

July 9, 2021

IT&Telecoms

AfDB Boosts Nigerian women businesses With $50m Loan

The African Development Bank (AfDB) has approved a $50 million loan to First City Monument Bank (FCMB) to support local enterprises and women-led businesses in the agribusiness, manufacturing, healthcare and renewable energy sectors. The

July 9, 2021

Banking&Finance

Defection:Reps Move To Make President,Govs Lose Seats

The House of Representatives has introduced a bill seeking to compel a sitting president, vice president, governors and their deputies to face the penalty of losing their seats if they defect from

July 9, 2021

Politics

COVID-19: NCDC Detects Delta Variant In Nigeria

The Nigeria Centre for Disease Control (NCDC),says it has detected a confirmed case with the SARS-CoV-2 Delta variant, also known as lineage B.1.617.2. The agency added that the variant was detected in

July 9, 2021

Health

8bn Scf Gas Flared By Oil Firms Can Fetch Nigeria 180,000 Gig of Electricity

International Oil Companies (IOCs) and their indigenous oil firms counterparts have defaulted to the tune of $3.6 billion gas flare penalty,Deputy Managing Director of Falcon Corporation,Mrs. Audrey Joe-Ezigbo has said She said the $3.6 billion gas

July 9, 2021

Power

We Won’t Jeopardize Our Shareholders’ Interest- Lekoil Nigeria CEO

The Chief Executive Officer of Lekoil Nigeria Limited, Mr. Lekan Akinyanmi has disclosed that the protection and growth of shareholder value remain priority in spite of the changes the company is undergoing

July 8, 2021

Oil&Gas

Reps Accelerate Moves To Get GenCos’ Reserve 5% Of Revenue For Host Communities

The House of Representatives has accelerated moves to get power generating companies in Nigeria to set aside 5 percent of their revenues for the development of their host communities. The bill which

July 8, 2021

News

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