The Group Chief Executive Officer of NNPC Ltd, Mr. Mele Kyari has condemned talks about the existence of sub-standard fuel in the country, describing it as unfortunate drama and bad marketing practice. Kyari, who was speaking while fielding questions at a fireside chat during the 60th Nigeria Mining & Geosciences Society (NMGS) Conference in Abuja…
The Nigerian Electricity Regulatory Commission (NERC) has issued an amended Order detailing new threshold of penalties for customers and Distribution Companies (DIsCos) on “Unauthorised Access, Meter Tampering, and By-Pass.” In a statement, the Amended Order, which replaces Order No: NERC/REG/41/2017, became effective since January 22, 2025. This amendment, the regulator said, “aligns with the Electricity…
Angry subscribers yesterday took to Airtel Nigeria’s X (formerly Twitter) page to express their displeasure over the operator’s decision to implement a significant adjustment to its data pricing structure. The revised data plans, published on the telco’s website, include daily plans: N50 for 40MB (valid for one day), N100 for 100MB (valid for one day),…
Chief Executive Officer, the Centre for the Promotion of Private Enterprise (CPPE) Dr. Muda Yusuf has called on the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) to stop further increases in interest rates. He explained that pausing interest rate hikes would provide an opportunity for fiscal policy measures to address inflation….
Chairman of Heirs Energies and the Convener of the 2025 Heirs Energies Leadership Forum: Industry Leaders Discourse (ILD), Tony O. Elumelu will bring together government decision-makers, global energy CEOs, and sector pioneers, in Abuja. This high-level gathering aimed at forging actionable strategies for accelerating Nigeria’s oil production growth. Heirs Energies Limited is Africa’s leading indigenous-owned…
The Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Felix Omatsola Ogbe, has advised Samsung Heavy Industries Nigeria (SHIN), and Africoat Nigeria Limited, a pipe coating plant, located at Takwa Bay, Lagos, to patronize local facilities. He gave the advice when he visited the facilities of two companies in line with his determination to…
A coalition of 69 international nongovernmental organizations, led by Corporate Accountability and Public Participation Africa (CAPPA), has urged the United Nations International Maritime Organization (IMO) to reject biofuels as a Global Fuel Standard (GFS) for international shipping. The IMO’s GFS is a technical measure aimed at reducing greenhouse gas (GHG) emissions from ships, in line…
Manufacturing capacity utilisation contracted further by 0.8 per cent in the fourth quarter (Q4) of last year from the -1.3 per cent drop witnessed in the preceding quarter. Manufacturing investment also dipped by 1.2 per cent from 3.5 per cent contraction recorded in Q3 of the same period. Save for sales volume, which recorded a…
The Lagos State government has reiterated its readiness to work with corporate and civil society leaders to address the pervasive challenges of youth employment in the state. The Lagos State Commissioner for Wealth Creation and Employment, Hon. Akinyemi Ajigbotafe stated this at the state forum on graduate internship placement programme (GIPP). The GIPP is a…
