Portugal plans to increase purchases of Liquefied Natural Gas (LNG) from Nigeria and the United States as it aims to end already dwindling supplies from Russia, Environment Minister Maria da Graca Carvalho has said. Portugal imported 49,141 gigawatt-hours (GWh) of natural gas in 2024, of which around 96per cent was LNG, data from electricity and…
The Minister of Marine and Blue Economy, Adegboyega Oyetola, has defended the N12.2 billion budget proposal of the ministry for 2025. The ministry is proposing N11,770,533,003 for the capital budget and N453,856,327 for overhead. The budget was defended at the National Assembly before the Joint Committee of the Senate on Marine Transport and House Committees…
Continent’s leading technology distributor, TD Africa, is offering significant discounts on essential Microsoft licenses as part of its commitment to driving business growth and fostering digital transformation across Africa. This limited-time, juicy promotion allows businesses access significant savings on a range of Microsoft solutions such as 15per cent reduction on Microsoft 365 E3, 40 per…
The Nigerian Air Force (NAF) has denied its alleged involvement in the explosion that rocked the Nigerian National Petroleum Corporation Limited (NNPCL) wellhead in Buguma Community of Asari-Toru Local Government Area of Rivers State. It described such allegations in some sections of the media as “false and unfounded”. A statement, by the Director Public Relations…
The Bank of Industry (BoI) says a well-designed Credit Guarantee Instruments (CGI) will unlock the full potential of Nigeria’s enterprises, laying foundation for a resilient and inclusive economy. Its Managing Director, BoI, Dr Olasupo Olusi, said this in a statement on Monday in Lagos. Olusi, however, noted that a coordinated Public-Private Partnership (PPP) was essential…
The Director, Research Environment Policy Research Center, Prof. Nnemeka Chukwuone has disclosed that revenue projection from the carbon market may to go over $2billion by 2030. This he said will be achieved through job creation, adding that if things are done the right way,the financial projection will hit record high. The gains are very enormous,…
The Corporate Affairs Commission (CAC) is exploring the deployment of Artificial Intelligence (AI) to perform routine operational tasks such as name reservation and even registration. Its Registrar-General, Hussaini Ishaq Magaji, disclosed this at the in House Enforcement and Compliance Training for state offices in Abuja, stating that the organogram of the Commission will be dismantled…
An oil marketing group, Independent Petroleum Marketers Association of Nigeria (IPMAN), has advised Nigerians not to fret over potential hike in the pump price of petrol as the prices of crude oil rallies in the international market. Its National President, Mr Abubakar Shettima assured that members of the association will continue to serve the masses…
One of Africa’s leading integrated payments and digital commerce companies, Interswitch, has announced the winners of the InterswitchSPAK National Science Competition, its flagship Corporate Social Responsibility (CSR) initiative. Now in its 6th year, InterswitchSPAK was introduced to celebrate exceptional young talent as part of Interswitch’s commitment to promoting Science, Technology, Engineering, and Mathematics (STEM) education…
