Business – Newsallround

Electricity tariffs hike: NLC accuses FG of doublespeak, insists on government’s respect for agreements

·January 8, 2021
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By Joy Okosieme Nigerian workers have accused the Muhammadu Buhari led Federal Government of insincerity with respect to ongoing negotiations over the hike in electricity tariffs. The umbrella body…

APAPA GRIDLOCK: LAGOS MOVES TO TAKE OVER PRESIDENTIAL TASKFORCE OPERATION

·December 29, 2020
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By Joy Okosieme An unplanned fact-finding visit to Apapa, on Monday, by Lagos State Governor Babajide Sanwo-Olu to ascertain the causes of incessant gridlock on roads leading to the…

AfDB provides $25 million funding for medium scale independent power producers

·December 19, 2020
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By Joy Okosieme The African Development Bank’s Board of Directors on Monday 14 December 2020 approved $15 million from the Sustainable Energy Fund for Africa and $10 million…

NNPC Appoints EITI Implementation Programme Manager

·December 18, 2020
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By Joy Okosieme In keeping with its resolve to deepen its compliance with the transparency standards dictated by the Extractive Industries Transparency Initiative (EITI) as a Supporting Company, the…

REHABILITATION OF PORTHARCOURT REFINERY: NNPC DISMISSES CLAIM OF SHADY DEALING IN AWARD OF CONTRACT

·December 9, 2020
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By Joy Okosieme The management of Nigeria's national oil company, the Nigerian National Petroleum Corporation (NNPC) has dismissed the insinuation by a group that there was shady practice in the…