FG settles N333bn outstanding liability to eight GenCos
By Abubakar Yunus
The federal government says it has paid N333 billion to eight participating electricity generation companies (GenCos), covering 17 power plants, under...
31 companies emerge winners of 2025 licensing round -NUPRC
Thirty-one companies have emerged winners of 37 oil and gas blocks at the 2025 Licensing Round after a keenly contested bidding process, the Nigerian...
AEDC begins repairs at C2 Maitama substation after Wike, Tegbe intervention
The Abuja Electricity Distribution Company (AEDC) has commenced repair works at the C2 Maitama Substation following the resolution of a dispute over the invasion...
CBN retains interest rate at 26.5%
The Central Bank of Nigeria (CBN) has retained the benchmark interest rate at 26.5 per cent, maintaining a cautious stance amidst inflationary pressures.
CBN...
143 firms battle for 50 oil blocks in NUPRC bid
The Nigerian Upstream Petroleum Regulatory Commission will today open the commercial bidding phase of the 2025 oil and gas licensing round, with 143 companies...
