The Enugu State Electricity Regulatory Commission (EERC) has beaconed on investors within and outside the country to see Enugu as a fertile state in the energy and power sector with a huge... Read more »
In a bid to speed up the use of Compressed Natural Gas, CNG, by commercial transporters, the Federal Government disclosed that members of the transport union would be provided with free conversion... Read more »
Zenith Bank Plc has emerged as the Best Commercial Bank, Nigeria in the World Finance Banking Awards 2024, retaining the award for a fourth consecutive year. Disclosing this in a statement yesterday,... Read more »
Fuel scarcity is gradually surfacing in Lagos and other parts of the country as private depot owners have hiked the ex-depot price of petrol from N630 to N720 per litre. Fuel stations... Read more »
Plans have reached the advanced stage to launch the Economic Community of West African States (ECOWAS) single currency initiative, otherwise known as ECO. This was after the Nigerian government endorsed the initiative,... Read more »
Ibadan Electricity Distribution Company Plc announces an upward review of the electricity tariff for our Band A customers. Effective immediately, the tariff will be adjusted from N206.80/kWh to N209.50/kWh. This review according... Read more »
Electricity Distribution Companies (DisCos) in Nigeria, have further increased electricity tariffs for Band A customers who receive 20–24 hours of daily power supply. The development was confirmed on Wednesday, in separate statements... Read more »
When it comes to finding your dream home, there are many factors to consider. You want a place that is not only beautiful but also safe, comfortable, and in a great location.... Read more »
In 2023 alone Nigerians spent a total of N16.5 trillion to buy diesel, petrol and generators to get electricity, the Federal Government announced on Tuesday. It also announced that the formal power... Read more »
The Nigerian National Petroleum Company (NNPC) Limited has declared a state of emergency on the Nigerian oil and gas industry in a bid to revive the crippling crude production in the country.... Read more »
Tapswap has announced a delay in the distribution of its tokens, pushing the allocation to the third quarter of the year. This news has caused disappointment among users who have been actively... Read more »
The Nigerian National Petroleum Company, NNPC, retail limited, has distanced itself from claims that customers should patronise its engine oil before getting petrol at its retail outlets. The company said its attention has... Read more »
The Federal Government exported crude oil approximately worth N17tn to seven foreign countries over a period of nine months,. Recall that the Nigerian Upstream Petroleum Regulatory Commission on Tuesday, June 4, 2024,... Read more »
The Central Bank of Nigeria has reported a $172m increase in direct remittances in one month. The latest CBN data analysed by PUNCH Online showed that the remittances totalled $138.56m in January,... Read more »
The Naira yesterday depreciated in the parallel market to N1,505 per dollar from N1,495 per dollar last weekend. Similarly, the Naira depreciated to N1,490.2 per dollar in the Nigerian Autonomous Foreign Exchange... Read more »
The Managing Director, ExxonMobil Nigeria, Shane Harris, has declared that the oil major is not leaving Nigeria as claimed in some quarters, particularly after the oil firm’s proposed divestment of a 100... Read more »
The Management of Euc Homes Ltd has announced it’s summer promo with the end of the Salah promo few days ago. We take this opportunity to appreciate all those that patronized us... Read more »
Are you searching for a reliable and trustworthy partner to help you find your perfect property? Look no further than CDV Properties and Development Limited, one of Nigeria’s leading real estate firms.... Read more »
Commercial crude oil production started in Nigeria in 1956 but local crude oil refining did not start until 1965 when the first crude oil refinery was commissioned. The first set of refineries... Read more »
The Federal Government, on Tuesday, announced the addition of 17 deep offshore oil blocks to the 2024 Licensing Round for oil fields in Nigeria. Recall that some deep offshore blocks were recently put... Read more »