Sylva resigns as Buhari’s Minister of State; to recontest Bayelsa governorship
After weeks of speculation, the Minister of State for Petroleum Resources, Timipre Sylva, has resigned from President Muhammadu Buhari’s cabinet. The Minister informed the President about his decision to take…
Fresh N6.7trn loans, other obligations raise Nigeria’s total debt to ₦46.3trn, says DMO
Fresh borrowings by the Federal, and States as well as sub-national governments, including the Federal Capital Territory (FCT) has raised Nigeria’s total debt stock to about N46.25 trillion or $103.11…
What’s the duty of the government?
By Bassey Ubong Can any act of the government be considered to be useless or worthless? The answer may be negative if all government policies and actions are subjected to…
ECA, Foundation move to enhance Africa’s electricity sector
The Economic Commission for Africa (ECA), and RES4Africa Foundation are collaborating to support African countries with evidence-based national electricity market regulatory reviews. The Commission said on Wednesday that the collaboration…
NMDPRA insists on safety, compliance in downstream oil, gas operations
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has raised alarm over the high level of non-compliance to its regulations in the retail outlets of the downstream sector of…
Global gas flaring drops to lowest level since 2010, says World Bank
The global gas flaring in the oil and gas industry has fallen to the lowest level since 2010, the World Bank has said. The World Bank, which disclosed this on…
FIRS unveils capacity training on tax reporting for journalists
To deepen the knowledge of the Nigerian tax administration among finance correspondents, to enable them report the sector with knowledge and better understanding of the issues and benefit of taxpayers…
CBN, Bankers Committee take sensitization on eNaira to markets
The Central Bank of Nigeria (CBN), in collaboration with the Bankers’ Committee, has begun the sensitization and public enlightenment in Kano markets, to enhance the adoption of eNaira payment system…
Cash crunch: Why Labour called off its planned nationwide strike
The nationwide strike by workers planned for Wednesday over the lingering problem of cash supply by banks was called off because the intervention of the Central Bank of Nigeria (CBN)…
NLNG 2023 Science Quiz Competition to focus on net zero
The Nigeria LNG 2023 Science Quiz Competition with the theme “Net Zero Science” will focus on climate change and net zero emission goals, the company said n Wednesday. The 2023…