Nigerian equities market ended the first two months of 2025 on a bullish trajectory, as investors’ investment increased by N4.430 trillion With the Central Bank of Nigeria (CBN) significantly dropping interest rates on Treasury bills following a decline in the ...
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Microsoft To Shut Down Skype In May, 2025
Microsoft has announced that it was shutting down Skype, the internet-based phone and video service that was once the dominant way of staying connected in the mid-2000s. Skype will “no longer be available” to use starting in May, the company ...
Read More »Why Pollution, Waste Management Is Essential To Oil And Gas Sector — Expert
Executive Director of Operations, Olu Tee Engineering based in Houston, Texas, United States, Titilola Shawana, has revealed why companies should tackle pollution and waste management in the oil and gas industry. Shawana, who is a Fellow of the Institute of ...
Read More »Energy Transition Is Complicated And Expensive – S&P Global
Experts in S&P Global have indicated a significant difficult situation around investment in energy transition without proper regulation and policy review. According to them, the energy transition will be more difficult, costly, and complicated than expected. This is contained in ...
Read More »Chevron Nigeria To Sustain Deepwater Oil Exploration In Nigeria
Chevron Nigeria’s chairman and managing director, Jim Swartz has said, the company is committed to sustainable deepwater oil drilling in Nigeria, and also highlighting other measures to mitigate production decline in other key assets. Swartz made the remarks while receiving ...
Read More »Wema Bank To Train, Empower 800,000 Businesses
Reinforcing its reputation as an institution committed to empowering Small and Medium-scale Enterprises (SMEs), Wema Bank has undertaken an initiative to empower 800,000 Nigerian businesses, following its Memorandum of Understanding (MoU) signing with Small and Medium Enterprise Development Agency of ...
Read More »FAAC Disburses N1.703trn To Federal, State, Local Govts As January Revenue
A total sum of N 1.703 trillion, being January 2025 federation account revenue, has been shared to the federal, State and local governments in the country by the Federation Account Allocation Committee (FAAC). The outcome of the FAAC meeting was ...
Read More »Nigeria Ready To Adopt Global Best Practices In Telecom Sector — Tinubu
President Bola Tinubu, on Thursday in Abuja, said the telecoms sector’s regulatory framework and operations would be reviewed to reflect global best practices, with a greater focus on protecting infrastructure. According to a statement by presidential spokesman, Bayo Onanuga, President ...
Read More »Understanding Reintroduction Of International Cargo Tracking Note
One of the biggest challenges facing Nigeria’s maritime sector is the annual loss of billions in uncollected tariffs due to fraudulent cargo declarations. Nigeria’s ports handle millions of metric tons of cargo annually, yet poor tracking mechanisms and loopholes in ...
Read More »China, Nigeria Partner On $7.9bn Green Hydrogen Project
A key green hydrogen project with a development value of about $7.9 billion is being executed in Akwa Ibom State with backing from China. Representatives from China and Nigeria agreed to execute the project to be located within the Liberty ...
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