The United Bank for Africa Plc (UBA) recently acted as lead arranger of a consortium of domestic and international banks in a $1.5 billion Pre-Export Finance...
…As Ahmed laments many headwinds troubling economy The woes around funding reviewed 2020 budget have deepened for the Federal Government as only 35 per cent of...
The Federal Government has ordered all contractors handling power projects across the country to return back to their various sites following the gradual relaxation of the...
Energy firms in the country owe Nigerian banks a total of N5.59 trillion, the sectoral analysis of banks’ credits by the Central Bank of Nigeria (CBN)...
The Federal Government has reshuffled the top management of the Nigerian National Petroleum Corporation (NNPC) through deployments and new appointments. Announcing the changes at the corporation...
Against the background of the tough challenges that marked the operating environment of the downstream oil sector, the nation’s total energy provider, Conoil Plc turnover still...
The nation’s electricity grid has collapsed 108 times after the power sector was privatised, data from the Transmission Company of Nigeria (TCN) have shown. The TCN,...
A total of 5.26 billion litres of premium motor spirit (PMS) also know petrol were imported for consumption in the first three months of 2020. The...
Nigeria may face petrol scarcity if oil workers make good the threat of withdrawing their services nationwide should the Federal Government insist on registering employees in...
Seplat Petroleum Development Company Plc, has announced the completion of transfer of the business activities and assets of OMLs 4, 38 and 41 from the Holding...