The Federal Government, through the Bureau of Public Enterprises (BPE), is currently engaged in negotiations for the sale of five power plants as part of…
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Category: Business
Ogun State Government Reveals Plans to Extend Lagos Blue Rail Line to Border Towns
In a recent announcement, the Ogun State Government unveiled its commitment to extending the Lagos Blue Rail Line project into the border towns of the…
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Dangote Refinery Enlists Three Oil Marketers Associations as Distributors
The Dangote Petroleum Refinery has officially registered oil marketers to serve as its distributors, according to an announcement made by the Dangote Group on Tuesday.…
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Dangote Refinery to Provide Fuel to 150,000 IPMAN Stations
Following a recent meeting between the management of Dangote Petroleum Refinery and executives of the Independent Petroleum Marketers Association of Nigeria (IPMAN), it has been…
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NSCDC Apprehends Two Suspects for Alleged Trafficking of 16 Children
The Nigerian Security and Civil Defence Corps (NSCDC), Taraba Command, has successfully arrested two individuals attempting to traffic 16 children. The apprehension took place at…
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NNPCL Exposes 83 Illegal Refineries in Niger Delta, Apprehends 22 Suspects
In its ongoing battle against crude oil theft, the Nigerian National Petroleum Company Limited (NNPCL) has revealed the discovery of 83 illegal refineries and the…
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NRC Set to Resume Train Services on Abandoned Routes, Focusing on Eastern Line
The Nigerian Railway Corporation (NRC) has initiated the reactivation of old narrow gauge networks, with a primary focus on the Eastern line, which extends from…
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Naira Depreciates to N1,300/$ on Peer-to-Peer Market
The Naira has surpassed the N1,300/$ mark on the Peer-to-Peer cryptocurrency window as reported on Tuesday. Traders in the parallel market have confirmed that the…
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Shell to Sell Nigerian Onshore Subsidiary, SPDC, for $2.4 Billion
Shell Plc has announced an agreement to sell its Nigerian onshore subsidiary, The Shell Petroleum Development Company of Nigeria Limited (SPDC), to Renaissance, a consortium…
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Resolution Reached as BRT Drivers Suspend Strike
The drivers employed by Primero Transport Services Limited, one of the operators of the Lagos State Bus Rapid Transit (BRT) system, have returned to work…
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