NNPC denies Alleged N3.3 Trillion Subsidy Inflated Claims

NNPCL refutes allegations of subsidy padding and claims of N3.3 Trillion in some media, stating the company is not under investigation or probe even as it follows global standards on transparency and accountability.

AGIS 2024 set to revolutionize Africa’s gas industry through innovation, collaboration

The inaugural Africa Gas Innovation Summit (AGIS 2024), a ground-breaking event aimed at reshaping the future of Africa’s gas industry, will hold from June 13-14, 2024, at the NAF Conference Centre in Abuja. With the theme “Igniting the Future: Driving…

Afreximbank disburses $40 million to support Fidelity Bank’s acquisition of Union Bank UK

With this acquisition, Fidelity Bank is able to birth a new pan-African financial institution capable of providing correspondent banking and offshore banking services to banks in Africa   African Export-Import Bank has announced the disbursement of a US$40-million Intra-African Investment…

Nigeria to Dispose Five Power Plants at $1.15 Billion: Set to Announce Bid Winners

In a bid to improve the electric power sector, Nigeria has now reached the final stage of its plan to sell five key power plants at a cost of $1.15 billion, with the bid winners soon to be announced. The…

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