Nigerian Govt to commission CNG distribution, refueling stations in Enugu, FCT, Lokoja, others
The Nigerian government, through the Compressed Natural Gas, CNG, Initiative, has announced April 25, 2025 as the date for the commissioning of CNG distribution refueling stations in Enugu, Federal Capital Territory, FCT, Lokoja in Kogi State, the Rivers State capital,…
Why I diversified into oil, gas, power, others, by Elumelu
Chairman, United Bank for Africa (UBA) Group Tony Elumelu has disclosed why he diversified from banking sector to oil & gas, power, healthcare, technology among other sectors of the economy. Speaking at the Legacy Builders Palm Beach Conference held in…
AfDB to partner LAMATA in developing Lagos purple rail line, others
The Lagos transport system has received a boost from the African Development Bank (AfDB) with a promise to work with the Lagos Metropolitan Area Transport Authority (LAMATA) to develop another rail line. AfDB Vice President, Private Sector Infrastructure and Industrialisation,…
Lagos State Regulator Shuts Down Coca-Cola, Others
The Lagos State Water Regulatory Commission (LASWARCO) has closed the factories of Coca-Cola Hellenic Bottling Company, FrieslandCampina WAMCO, and Guinness Nigeria for extracting groundwater for commercial purposes without the required authorisation. Speaking on Tuesday in Lagos, Olowu Babatunde, the director…
Okpebholo approves dissolution of oil and gas commission, others
The Governor of Edo State, Monday Okpebholo has approved the dissolution of all commissions, including the Edo State Oil and Gas Producing Areas Development Commission in Edo State. A release by the Secretary to the State Government, Umar Ikhilor (Esq)…
AfDB Disburses $1bn To Women-Led Enterprises In Nigeria, Others
AfDB Disburses $1bn To Women-Led Enterprises In Nigeria, Others President of African Development Bank (AFDB) Dr. Akinwumi Adesina By Philip Shimnom Clement Thu, 28 Nov 2024 8:26:44 WAT The African Development Bank (AfDB) says it has so far disbursed $1…
Jumia exits South Africa, Tunisia, faces Nigeria, others
Africa-focused e-commerce retailer Jumia Technologies will shut down its South African online fashion retailer Zando and its Tunisian operations by the end of the year. CEO Francis Dufay revealed that the move is part of a strategic refocus on more…
Nigerian Workers To Shutdown National Grid, Telecoms, Others
Nigerian Workers To Shutdown National Grid, Telecoms, Others Nigerian workers in telecommunications and electricity sectors have threatened to shut down the National grid, and telecom services at midnight Wednesday if the President of Nigeria Labour Congress, Joe Ajaero is arrested…
Petroleum minister hosts crucial meeting with Dangote, NNPC, others
Nigeria’s Minister for State, Petroleum Resources (Oil), Heineken Lokpobiri, on Monday convened a high-level meeting with top executives from Dangote Group, the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), and the Nigerian…
AfDB pledges $2.9 billion to agriculture development in Nigeria, others
The African Development Bank (AfDB) has announced an investment commitment of $2.9 billion to agriculture development in Nigeria and several African countries. AfDB President, Dr. Akinwumi Adesina, committed in a statement published on the AfDB’s website on Tuesday, at the…