Zainab Iwayemi
1665 articles published since 07 Jul 2023
1665 articles published since 07 Jul 2023
The Women in Energy Network and Smart Gas Limited are seeking funding to distribute 100,000 gas cylinders, weighing 3kg and 6kg, to homes in the 774 LGAs each year.
Wealthy nations that encourage regional trade include South Africa, Nigeria, and Egypt; despite this, Nigeria is missing from the list of richest African countries.
The chief financial officer of NNPC, claims that for the 7 months that ended in July, the government owed the business $4.9bn (N7.8 trn) in subsidy obligations.
According to federal government statistics, supplies of crude oil to the Dangote Refinery and other nearby refineries are expected to begin on October 1, 2024.
A recent CBN data has shown how the Naira lost last week to close at N2035/£ to the british pound at the last trading day of the week, Friday, August 16.
Nigeria is using its domestic dollar bond market to make up for the infrastructure funding gaps, while the Eurobond market has not performed well.
Nigeria, which had intended to issue a Eurobond this year, has elected to postpone the offering and instead sell its first dollar bond on the local market.
National President of ATCIS, an advocacy group, stated that customers would oppose the proposed increase in telecom tariffs and urged the NCC to deny such proposals.
Three presidential airplanes of Nigeria were ordered to be seized by Zhongshan, a Chinese company, pending the receipt of $74.5m granted against Nigeria.
Zainab Iwayemi
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