News
Debt dispute: Zomay Marine, Sterling Bank settle out of court
By Sam Akpe The long-drawn legal combat between an indigenous firm, Zomay Marine and Logistics Limited, and Sterling Bank, over...
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Abuja DisCo tops with highest number of newly metered electricity customers in October – NERC
By Bassey Udo The Abuja Electricity Distribution Company (AEDC) tops the 12 electricity distribution companies (DisCos) with the highest number...
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Flare gas utilization permit: 28 firms get NUPRC nod to capture, eliminate 6m tonnes of CO₂ annually
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has issued permits to access flare gas to 28 successful awardees under the...
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Afreximbank Abuja African Trade Centre Achieves top green building certification
The African Export-Import Bank’s (Afreximbank) Abuja African Trade Centre (AATC) has received the prestigious Leadership in Energy and Environmental Design...
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FIRS, French Tax Agency to collaborate on digital transformation, others
Preparatory to its transition to Nigeria Revenue Service (NRS) next month, the Federal Inland Revenue Service (FIRS) says it signed...
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Improved gas supply, utilisation: NMDPRA issues trading license to Jex Ltd.
By Bassey Udo The Nigerian Midstream and Downstream Petroleum Regulatory Commission (NMDPRA) has issued a Gas Trading License (GTL) and...
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SEC wants tribunal to order seizure of CBEX promoters’ assets, freezing of accounts
By Bassey Udo The Securities and Exchange Commission (SEC) has asked the Investments and Securities Tribunal (IST) to order the...
Read moreNigeria moves closer to its target of increased oil output, with NNPC record daily production of 355,000 bpd
By Bassey Udo Nigeria’s aspirations to increase her oil and gas reserves and production capacity received a massive boost with...
Read more2025 Oil Licensing Round: Debtor companies, insolvent entities risk disqualification, other sanctions
By Bassey Udo Prospective bidders in the 2025 Oil Licensing Round risk disqualification if found at any point in the...
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FIRS rejects call by Arewa youth group for Adedeji’s resignation
By Bassey Udo The Federal Inland Revenue Service (FIRS) has rejected recent calls by the Arewa Consultative Youth Movement for...
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