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Monday, November 18, 2024

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Business

We will encourage indigenous telecom content, reverse importation trend – Pantami

Minister of the Communications and Digital Economy, Prof. Ali Ibrahim Pantami, has reaffirmed Federal Government’s determination to reverse the trend of importation of all...

Oil theft: SPDC to deploy drones to monitor pipelines, wellheads

The Shell Petroleum Development Company (SPDC) has signed a contract to acquire drones to monitor its pipelines and wellheads in the Niger Delta. SPDC’s General...

EU Commission backs German plan to invest in energy scheme

The European Commission on Tuesday backed a German plan to invest nearly three billion euros (3.07 billion dollars) in a renewable energy scheme for...

Nuclear energy: Kogi, Chinese govts discuss partnership

Mr Cui Jianchun, Ambassador of the People’s Republic of China to Nigeria, says China is keen on exploring viable areas of partnerships with Nigeria,...

We have not increased pump price of fuel – Buhari govt

The Federal Government of Nigeria on Monday said he has not increased the pump price of Premium Motor Spirit (PMS), otherwise known as petrol. Timipre...

Authority begins review of petroleum regulations

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has bega n to review the midstream and downstream petroleum regulations to bequeath the industry...

OPEC’s new Secretary General, Al-Ghais of Kuwait, takes office

Haitham Al-Ghais of Kuwait on Monday assumed office as the new Secretary General of the Organisation of Petroleum Exporting Countries (OPEC). Al-Ghais was appointed as...

Forex Scarcity: Expert seeks FG’s assistance on repatriation of foreign airlines’ ticket revenue

An aviation expert, Mr Bankole Bernard, seeks the Federal Government’s urgent assistance on provision of foreign exchange to allow foreign airlines repatriate their unremitted...

Innoson Vehicles sues Imo State Government over N2.5B debt

A statement by Cornel Osigwe, Head Corporate Communications and Affairs, IVM Innoson Group said the debt amounted to N2,547,666,435.00 (Two Billion, Five Hundred and...

UN welcomes new centre to put Ukraine grain exports deal into motion

UN Secretary-General António Guterres has welcomed the official start of the operation of a new centre to put Ukraine grain exports deal into motion. The...

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