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Firms plan to build 30MW wind, solar power plant in Lekki

Firms plan to build 30MW wind, solar power plant in Lekki

Two engineering firms, Credco and Vergnet have indicated their plan to build a 30 megawatts windfall and solar hybrid plant in the Lekki area of Lagos state. This was disclosed during the presentation of the…

Kyari: NNPCLimited, recorded 9,000 infractions on oil pipelines in one year

Kyari: NNPCLimited, recorded 9,000 infractions on oil pipelines in one year

Nigerian National Petroleum Company (NNPC) Limited has said that it recorded 9,000 infractions on oil pipelines in one year. The Group Managing Director, NNPC Ltd, Mele Kyari, disclosed this in Abuja during an oversight function…

…Nigeria now Africa’s largest importer of refined fuel –S&P

…Nigeria now Africa’s largest importer of refined fuel –S&P

Nigeria has become the largest importer of refined fuel in Africa as petrol shipments from Europe to Africa has increased, analysts at S&P Global Commodity Insights have revealed. The report disclosed that crude oil shipments…

NBS: Nigeria earned record high N29trn from oil exports in 2023

NBS: Nigeria earned record high N29trn from oil exports in 2023

Nigeria earned a total of N29 trillion from oil exports in 2023, the National Bureau of Statistics (NBS) disclosed in its recently released foreign trade report. The amount is an increase of 37 per cent…

Power: Unending blame game over crippling electricity output

Power: Unending blame game over crippling electricity output

While many Nigerians are in pain over the lingering epileptic power supply, which has negatively affected their businesses, increased operational cost and household expenditure as well as reduced their standard and quality of life, the…

SAA celebrates 30 years of frequent flyer programme

SAA celebrates 30 years of frequent flyer programme

South African Airways has celebrated 30 years of the existence of its Frequent Flyer Programme known as Voyager with an exclusive dinner for a select few high-profile guests in Lagos. The event tagged “Voyager Elite…

SA terminates contract with Takatso Consortium

SA terminates contract with Takatso Consortium

The Ministry of Public Enterprises of South Africa has announced the termination of the agreement with Takatso for the sale of 51 per cent of South African Airways (SAA). DPE says: “Over the past three…

‘Aviation manpower in short supply in Africa’

‘Aviation manpower in short supply in Africa’

viation expert, Kamata Joel, has said that having the appropriate number of skilled workers in the aviation industry in Africa still poses a serious challenge. He stated at the weekend in his presentation to Aviation…

Financial Inclusion: Report seeks more fintechs’ investment in women

Financial Inclusion: Report seeks more fintechs’ investment in women

A new report by International Finance Corporation (IFC) has revealed that improved fintech firms’ investment in women customers can deepen financial inclusion. It noted that Fintech firms could do more to intentionally target women customers…

Court Orders Binance To Release Data On Nigerian Traders To EFCC

Court Orders Binance To Release Data On Nigerian Traders To EFCC

The Federal High Court, Abuja, has ordered Binance Holdings Limited to provide the Economic and Financial Crimes Commission (EFCC) with comprehensive information on all persons from Nigeria trading on its platform. Justice Emeka Nwite granted…