This information was disclosed by the Special Adviser to the President on Energy, Olu Verheijen, when she hosted the Managing Director and Chief Executive Officer of The Renaissance Africa Energy Company Limited, Tony Attah. “This is why we continue to work on investment-enabling reforms with a bid to achieve national targets. I congratulate Renaissance Africa […]
The exercise, led by an Inter-Agency Technical Committee, began at the Aneize oil field in Okpai, Delta State. It follows petitions from several states, including Delta, Anambra, and Imo, over the rightful ownership of oil and gas assets such as the Aneize field in OML 143, Eyine, and Ameshi fields. The committee includes representatives from […]
The report released on its website says the figure shows a significant improvement compared to 3.48 per cent recorded in the second quarter of 2024 and the 3.13 per cent recorded in Q1 2025. According to newsmen, the figures signal a strengthening economy, driven by recent rebasing, rebound in oil production and a resilient non-oil […]
The governor disclosed this when he recieved the Strategic Advisor, Fayad Fayad, and the Public Relations and Communication Officer of Mac Group, Hassan Fayad, who paid him a courtesy call in his office at Oke-Mosan, Abeokuta, where the state secured an investment pledge in the range of $1.8 billion to $2.5 billion. The governor attributed […]
According to report, the trucks have begun taking turns at the gantry to load products despite mounting criticism from industry unions and marketers. Recall the refinery revealed it would begin the direct supply of free petrol across the country on September 15, 2025, describing the move as part of its commitment to easing the burden […]
In a statement, NUPENG alleged that Dangote management directed newly recruited drivers of its 4,000 compressed natural gas-powered trucks to remove union stickers and affiliate instead with a company-backed association, the Direct Trucking Company Drivers Association (DTCDA). According to the union, the move is part of a wider strategy to create a parallel structure within […]
The move was disclosed during a capacity-building workshop for Senate correspondents in Abuja by a senior official from the Ministry of Agriculture and Food Security, who said the directive prioritizes securing safe passage for farm produce across key transport routes. The goal is to ease logistics bottlenecks and reduce rising costs linked to food distribution. […]
Onanuga said this in reaction to a report that some Chinese traders have begun accepting naira in place of the United States dollar for transactions with Nigerian customers. According to the report, forex traders attributed the recent exchange rate stability to the success of Nigeria’s currency swap agreement with Chinese traders now collecting naira for […]
The Vice President disclosed this via a post on his X handle “From August 30 to September 2, 2025, Nigeria will host Her Excellency Francia Márquez, Vice President of Colombia, on an official visit to deepen diplomatic and economic cooperation. This historic engagement will strengthen ties in trade, agriculture, education, energy, culture, and women’s empowerment, […]
Mr Dunhai made the call in Abuja, during a symposium held to mark the 80th anniversary of the victory in the Chinese People’s War of Resistance Against Japanese Aggression and the World Anti-Fascist War. The ambassador, in his address, recounted China’s resistance against Japanese aggression, the World Anti-Fascist War, and the eventual restoration of the […]