Archive
Climate finance: Nigeria could lose 30% GDP by 2050
By Providence Ayanfeoluwa & Glory Bassey Stakeholders have said that Nigeria could lose as much as 30 percent of its Gross Domestic Product, GDP, by 2050 without an adequate climate
FG plans 24-hr power zones in Lagos, Abuja, Kano, others
By Obas Esiedesa, Abuja The Federal Government (FG) has begun engagements with electricity distribution companies to develop Energy Zones aimed at delivering 24-hour electricity supply to homes, businesses and industries
Naira rises, now N1,370/$ in parallel market
By Elizabeth Adegbesan The Naira yesterday appreciated to N1,370 per dollar from N1,375 in the parallel market on Tuesday. Similarly, the naira appreciated to N1,329.5 per dollar in the Nigerian
Adeda: Police arrest Education Director as home community rejects probe panel
By Jimitota Onoyume, Egufe Yafugborhi & Ochuko Akuopha ASABA — INVESTIGATION into the death of Deputy Director in the Delta State Ministry of Secondary Education, Mr. Unity Adeda, yesterday, entered
African Leaders in Attendance as Dangote Launches $16 Billion Kenya Refinery
• Ruto, Museveni, Abiy, Wadagni, Savi de Tové, Obasanjo witness event •Aliko fixes 40 months to complete 700,000 bpd facility •Taps Honeywell to take part in building mega-refinery in $300m
Audited Results: NNPC Profit Rises 33% to N7.2trn, Dividends Climb to N5.8trn
• Taxes, royalties, other remittances jump 39% to N22.3trn •Oil company reiterates $60bn investment target by 2030 •Total revenue dips to N34.5trn •Over 30 Chinese partners assess Warri, Port Harcourt
Seplat Seeks Accelerated Investment to Position Nigeria as Africa’s Global Gas Powerhouse
Peter Uzoho Seplat Energy Plc has called for increased investment across Nigeria’s gas value chain to unlock the country’s vast natural gas resources, strengthen energy security, drive industrialisation, and position
EBID Approves $100m for Kano-Maradi Rail Project
Nume Ekeghe The ECOWAS Bank for Investment and Development (EBID) has approved a $100 million facility for Nigeria’s Kano-Maradi Standard Gauge Railway Project, providing fresh financing for the acquisition of
PTDF Summit: Active Oil Rigs Rose from 14 to 60 Under Tinubu, Says Lokpobiri
• Ekpo: Infrastructure gaps, financing costs threat to private investment •Shehu Aliyu: PTDF journal to serve as platform for research findings •Filani: Over 15,000 scholars sponsored by PTDF so far
Obinna Chima Urges Journalists to Deepen Scrutiny as Nigeria’s Financial System Undergoes Transformation
Nume Ekeghe and James Emejo in Abuja The Saturday Editor of THISDAY, Dr. Obinna Chima, has called for a shift in financial journalism from simply reporting financial figures and institutional
