BUSINESS

NUPRC deploys satellite tracker to cut methane emissions by 60%

By Abubakar Yunusa   The Nigerian Upstream Petroleum Regulatory Commission has deployed a satellite-based emissions monitoring platform to strengthen Nigeria’s efforts to reduce methane emissions by...

US eyes $100m savings with new LNG safety rules

By Abubakar Yunusa   The United States has proposed revised safety regulations for liquefied natural gas (LNG) facilities, with projected annual savings of $100m for operators...

₦70,000 allowance not salary increase, Budget Office clarifies

By Yunus Abubakar The Director-General of the Budget Office of the Federation, Tanimu Yakubu, has clarified that the ₦70,000 monthly transport support approved by...

FG pays N1.2trn of N2.3trn power sector debt, targets 19,000MW transmission capacity

• Three projects approved to strengthen national grid • 14 federal varsities, five teaching hospitals equipped with solar mini-grids   By Egena Sunday Ode   The Federal Government has...

Stock market sheds N719bn as Investors take profits

By Abubakar Yunusa   Nigeria’s equities market shed N719bn in market value as investors sold shares to lock in profits following recent gains, with the benchmark...

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