Author name: Alison Godswill

Cooking gas consumption in Nigeria rises by 60.5%  --- PPPRA

Cooking gas consumption in Nigeria rises by 60.5%  — PPPRA

Cooking gas consumption in Nigeria rises by 60.5%  — PPPRA   The Petroleum Products Pricing Regulatory Agency, PPPRA, said over one million metric tonnes (mt) of Liquefied Petroleum Gas was consumed in 2020. In a statement obtained by The Daily, http://www.thedaily-ng.com, the Executive Secretary, Abdulkadir Saidu, disclosed that 840,594.37 MT of LPG was consumed in 2019, thus indicating an […]

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Transport fare in Nigeria rises in December 2020 despite a drop in petrol price — NBS

Transport fare in Nigeria rises in December 2020 despite a drop in petrol price — NBS   Despite the drop in petrol price, transport fare for bus, motorcycle, air, and waterways journeys have increased in December 2020. According to the National Bureau of Statistics (NBS), the average price paid by consumers for premium motor spirit

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CBN denies, condemns peddlers of rumor on Domiciliary Account Holdings

Nigeria’s Net forex inflow drops by 26% to $3.87bn — CBN

Nigeria’s Net forex inflow drops by 26% to $3.87bn — CBN   Net foreign exchange (forex) inflow into Nigeria’s economy dropped by 26 percent, month-on-month to $3.87 billion in October from $5.23 billion in September last year. The decline was driven by an 11.9 percent drop in foreign exchange inflow caused by 39.6 percent and

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Hajjar: New project to promote trade, investment & enhance dates sector production chain competitiveness in exports and jobs

First ever international virtual exhibition for Madinah dates organised under Aid for Trade Initiative for Arab States (AfTIAS) Under the patronage of HRH Prince Faisal bin Salman bin Abdul Aziz Al Saud, Governor of the Madinah Province, the Madinah Chamber of Commerce and Industry (MCCI), in cooperation with the Islamic Development Bank Group (IsDBG), the

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$1.1bn OML 17 investment to benefit FG, communities, Nigeria’s economy — TNOG

$1.1bn OML 17 investment to benefit FG, communities, Nigeria’s economy — TNOG   THE $1.1 billion Oil Mining License, OML 17 deal undertaken by TNOG Oil and Gas Limited, a related company of Heirs Holdings and Transcorp would be beneficial to the Federal Government, communities and the entire nation’s economy. Chief Finance Officer, TNOG, Samuel

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Senegal, home of West African Gas Megaprojects, hosts major energy transition event

It will showcase the region’s investment appeal as one of the most exciting energy hotspots in Africa, with major hydrocarbons discoveries and vast renewable potential MSGBC Oil, Gas and Power 2021, organized by Africa Oil & Power under the auspices of H.E. President Macky Sall, will be held on 26-27 October 2021, in Dakar; This

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It is the duty of MNOs to update SIM registration records with NIN --- NCC

NIN-SIM Linkage Exercise: Federal Government expresses appreciation

  NIN-SIM Linkage Exercise: Federal Government expresses appreciation At the end of a review meeting on 18th January 2021, the Technical Implementation Committee under the Ministerial Task Force has reported significant progress in the ongoing NIN-SIM linkage exercise. So far, a total of 47.8 million NINs have been collected by the mobile operators. At an average of

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ANGOLA: Total  begins production from Zinia phase 2, developing Block 17

Total issues hybrid bonds to finance development strategy

Total issues hybrid bonds to finance development strategy   Total SE has successfully issued perpetual subordinated bonds in the amount of €3 billion for the funding of development strategy in the company.   According to the company, €1.5 billion at 1.625% coupon for the tranche with a 7 year first call date, while €1.5 billion at

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