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Federal Government Announces Restructuring of Five Electricity Distribution Companies
The Federal government has announced the restructuring of five Electricity Distribution Companies, also known as DISCOs, in the Country. This...
ICRC to gazette 53 PPP Projects worth $22billion
Infrastructure Concession Regulatory Commission, ICRC, has planned to gazette 53 eligible and bankable Public-Private Partnership Projects valued at $22billion in...
Federal Government Issues Guideline to Retain Oil Sector Spending in Nigeria
Federal Government has issued an insurance guideline to drive the retention of oil sector financial spending in Nigeria and help...
CBN Grants 1.232 million Loans to Farmers
The Agricultural Credit Guarantee Scheme Fund, managed by the Central Bank of Nigeria, has guaranteed 1.232 million loans given to...
FG Approves Reforms to Boost Non-Oil Revenue
The Federal Government has approved reforms to boost Nigeria’s non-oil revenue to N3.8 trillion and oil revenue to N160 billion...
NGX Closes Flat as Market Cap Declines by N811 million
The Nigeria Exchange Limited closed on a flat note amidst sell-offs and buy-interest. The All Share Index closed at 51,802.48...
NNPC Reveals Non-functionality of Nigeria’s Refinery
Nigerian National Petroleum Company, NNPC, has said that there is no single refinery working in the country at the moment....
Federal Government Charges Marginal Field Investors to Raise Crude Production Volume
The Minister for State of Petroleum Resources, Timipre Sylva, has charged the 57 marginal field investors to quickly develop their...
FG Awards 57 Marginal Fields to New Investors
The Federal Government has revealed that 13 out of the 30 marginal fields awarded since 1999 were not producing crude...
Federal government to clamp down on filling Stations selling Petrol above Pump Price
The Federal Government has announced plans to clamp down on filling stations selling Premium Motor Spirit above the N165 agreed...
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