According to the National Bureau of Statistics [NBS], Nigeria’s GDP grew by 3.40% in 2021, year on year. This marks the highest GDP growth rate since 2015. This growth performance is higher than projections by the IMF (2.6%) and the World Bank (2.7%). The quarterly GDP figures indicates that the economy grew by 3.98% in […]
Socio-Economic Rights and Accountability Project (SERAP) has urged the 36 state governors to “immediately redirect public funds budgeted to pay ex-governors undeserved pensions and other retirement benefits, and for ‘security votes’, and to use some of the savings to pay the counterpart funds that would allow poor children to enjoy access to quality basic education
OPEC daily basket price stood at $94.03 a barrel Thursday, 17 February 2022, compared with $95.32 the previous day https://www.opec.org/opec_web/en/press_room/6758.htm
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…Oando promotes employee growth & development within its organization Oando has appointed Adeola Ogunsemi, Chief Financial Officer, Oando to become the newest member of its board following the resignation of Olufemi Adeyemo who was close to retirement having served the company for over 16 years. Olufemi joined Oando in October 2005 and with his extensive
Oando appoints Ogunsemi as new CFO Read More »
The Nasarawa State Governor, Engr. Abdullahi Sule says there are jubilations across Nasarawa State over the recently energised Lafia 2X150 MVA & 2X60 /132/33/330 KV Transmission Substation which was earlier completed by Niger Delta Power Holding Company Limited (NDPHC). President Muhamadu Buhari is scheduled to formally commission the Substation on Thursday next week. Speaking during
Jubilations across Nasarawa over new Substation- Gov. Sule Read More »
The news about the importation of contaminated fuel and subsequent recall of same came to Nigerians as a rude shock. Nigerians had trusted that there was a fuel importation system that could not be compromised in the manner it happened last week. This is disappointing, risky, and calls for immediate overhaul of our import processes
LCCI STATEMENT ON THE IMPORTATION OF CONTAMINATED FUEL INTO NIGERIA Read More »
Following the engagement between NMDPRA, NNPC, PTD, NARTO, and NUPENG, the parties resolved as follows: 1. Road Rehabilitation NNPC provided updates on the current status of the road construction and rehabilitation projects under the road infrastructure tax credit scheme and assured the stakeholders (NUPENG, NARTO and PTD) that the funding earmarked for the 21
By Eyo Nsima The National Council on Privatisation, NCP, yesterday, handed over the Aba ring-fenced area, to the management of Geometric Power. The handing over was done through the Bureau for Public Enterprises (BPE) at the event in Abuja ended the tussle with the Integrated Electricity Limited, a core investor in Enugu Electricity Distribution Company
By Eyo Nsima The Nigeria LNG Limited (NLNG) said its attention has been drawn to a news story, captioned, “EXCLUSIVE: How Top Officials In Nigerian Corporations, NLNG, NNPC Operate International Cartels, Illegally Ship Over $1billion Oil To US, South American Countries.” According to the company, “The report is false and malicious and is obviously calculated
Count Us Out of Illegal Shipping of over $1bn Oil to US, South American Countries — NLNG Read More »
OPEC daily basket price stood at $95.32 a barrel Wednesday, 16 February 2022, compared with $ 94.73 the previous day https://www.opec.org/opec_web/en/press_room/6758.htm
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