Economy
Oil & Gas

FG’s Executive Order’ll unlock gas investments – NLNG MD

From Our Correspondent The Managing Director of Nigeria LNG Limited (NLNG), Dr Philip Mshelbila has expressed optimism on the workability of the recent Executive Order on Oil and Gas Reforms signed by Present Bola Ahmed Tinubu would unlock gas investment opportunities. Andy Odeh, NLNG’s General Manager, External Relations and Sustainable Development quoted Mshelbila as making the […]

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Economy General

Nigeria, Qatar sign multi-sectoral agreements

From Our Correspondent President Bola Ahmed Tinubu, and His Highness, Sheikh Tamim bin Hamad Al Thani, Emir of the State of Qatar, on Sunday in Doha, witnessed the signing of historic agreements between both nations in diverse areas of bilateral interests. Chief Ajuri Ngelale, Special Adviser to the President (Media & Publicity) announced signing of the […]

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Oil & Gas

NLNG grows Nigerian market with 1.39m m/ts of LPD in 3 years

By Abdulfatah Babatunde The Nigeria LNG Limited (NLNG) says it has grown Nigeria’s domestic market with a combined supply of 1.39 million metric tons of Liquified Petroleum Gas (LPG) in the last three years from 2021. Mr Andy Odeh, General Manager, External Relations and Sustainable Development of NLNG gave this indication in a statement emailed […]

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Economy Oil & Gas

Meeting Africa’s industrialisation requires gas – NLNG

From Our Correspondent Nigeria LNG Limited (NLNG) says there is a real demand for clean energy such as gas in Africa to trigger a massive take-off for industrialisation, with a growing young population, abundant natural resources, and emerging internal markets. Dr Philip Mshelbila, NLNG’s Managing Director, made these remarks at the ongoing 7th Nigeria International […]

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Economy Oil & Gas

NLNG advocates enhanced digitalisation of energy sector

From Our Correspondent The Nigeria LNG Limited (NLNG) has called on Nigerian energy industry players to draw insights from NLNG’s ongoing integration of digital technologies to improve operational efficiency and reduce emissions. NLNG’s Deputy Managing Director, Mr Olakunle Osobu, made the call during a panel discussion at the seventh Nigeria International Energy Summit, on Tuesday […]

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Business Economy Features/Opinion

Greasing wheels of SMEs in Oyo State through SAfER

By David Adeoye Economic experts have acknowledged that Small and Micro Enterprises (SMEs) are a major sector contributing significantly to the nation’s economy. Consequently, they play a pivotal role in poverty reduction. In Oyo State, SMEs form the backbone of the state’s economic activities and contribute to achieving sustainable development goals aimed at mitigating economic […]

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Banking & Finance Economy

CBN caps FX position for banks, dollar bonds drop

The Central Bank of Nigeria, on Wednesday, announced limits on how much banks can hold in foreign currencies and expressed concern about the growing forex exposures on their balance sheets after the local currency tumbled against the U.S. dollar. Nigeria’s currency fell to a record low on the official market on Tuesday, slipping below the unofficial […]

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Business Economy

Group urges FG to invest more in SME’s to tackle poverty

From Our Correspondent Mr Prosper Okafor, President of Crusade for Greater Nigeria on Poverty Eradication and Social Matters (CFGN), has urged the federal and state governments to invest more in Small and Medium Enterprises (SMEs). Okafor said in Abuja, on Monday, that this would improve job creation and ensure poverty alleviation at all levels. According […]

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Business Science & Technology

Omniverse holds tech, creativity, entrepreneurship summit in Lagos

By Abdulfatah Babatunde The Omniverse, a convergence platform for the brightest minds across African innovation, creativity and entrepreneurship will launch its inaugural Summit in Lagos, Nigeria, TheNewsZenith reports. APO Group said in a statement mailed to TheNewsZenith that the platform is co-created with Innovation Support Network (ISN) as an ecosystem partner. ISN, it added, is […]

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Environment Mortgage

FG reviews conditions, procedures for sale of houses

From Our Correspondent  The Federal Government is reviewing the conditions and procedures for the sale of houses under the National Housing Programme (NHP). The Permanent Secretary in the Federal Ministry of Housing and Urban Development, Mamuda Mamman, announced this in a press statement at the weekend in Abuja. “The ministry is currently in the process […]

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