Low Investment Slows Nigeria’s Oil Exploration In September — Report
October 16, 2024 Nigeria’s crude oil exploration slowed year-on-year in September 2024, due to low investment in the upstream petroleum sector, according to a newly released report by the Organisation…
High tax regime forces Enugu businesses to move to other states – Investigation
Following what many have described as multiple and excessive taxations in Enugu State, businesses are leaving in droves, and relocating to neighbouring states like Anambra, Abia, and Kogi States. Investigations…
Nigeria’s Belemaoil restarts operations at oil lease 55 after 3-year shutdown
October 14, 2024 Nigerian independent producer Belemaoil Producing has resumed operations at its oil block Oil Mining Lease 55 after a three-year shutdown as a result of damage to the…
World Bank cuts 2024 growth forecast for sub-Saharan Africa over Sudan
October 14, 2024 The World Bank said on Monday it had lowered its economic growth forecast for sub-Saharan Africa this year to 3% from 3.4%, mainly due to the destruction…
Zinox @ 23: Celebrating Africa’s leading digital identity
Zinox Technologies, Nigeria’s premier technology company, founded by Forbes Best of Africa’s Leading Tech Icon Leo Stan Ekeh, marked its 23rd anniversary. Established in 2001, Zinox has been at the…
FG, Zamfara to collaborate on mining development
The Federal Government, through the Ministry of Solid Minerals Development (MSMD), has committed to working closely with the Zamfara State Government to leverage the state’s mineral resources for economic…
Nigeria signs deal to supply gas to proposed $3.5 billion petrochemical plant
Oct 11, 2024 Nigeria took a major step in its quest to earn revenue from its vast gas reserves, signing a deal with joint venture partners to supply gas to…
FG Approves lifting of petrol from Dangote Refinery
October 11, 2024 The Federal Government has given approval for marketers to begin the lifting of premium motor spirit, PMS, from the Dangote Refinery without going through the Nigerian National…
TD Africa Scoops Awards at Huawei’s Global Summit
TD Africa’s outstanding expertise in tech distribution, service provision, support and training has continued to be rewarded. The Nigeria-born, Africa-wide company, clinched two awards at Huawei’s World summit which spanned…
NCC begins pre-enforcement action on Starlink over price hike
The decision by Starlink to unilaterally review its subscription packages upwards did not receive the approval of the Nigerian Communications Commission (NCC), a statement by NCC’s spokesman, Mr Reuben Muoka…