Interest rate to remain high amid inflationary pressures — United Capital
By Peter Egwuatu United Capital Plc, has indicated that interest rate in Nigeria is expected to remain high at the backdrop of inflationary pressures in the second half of 2026 H2’26. Speaking at its investor relations roundtable, held in Lagos, with the theme: “Decoding performance insights into United Capital Growth Drives and outlook”, the company’s Group […]
Private sector, key to resource development
Chairman, House of Representative Committee on Petroleum Resources (Downstream), Hon. DakukuPeterside, has observed that the private sector holds the key to the effective harnessing and utilisation of the nation’s hydrocarbon resources for overall economic growth.
NDPHCN to sanction erring contractors
The managements of Niger Delta Power Holding Company of Nigeria, NDPHCN, has warned that erring contractors currently executing the National Integrated Power Projects, NIPP, across the country risk possible sanctions.
‘Nigerian Content ’ll boost job creation’
THE Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke has express confidence that the implementation of Nigerian Content Act will boost job creation for Nigerians in the oil and gas industry.
Schneider Electric installs 500 transformers in Ogun
Schneider Electric, a global specialist in energy management, has delivered 500 transformers to the government of Ogun State, in fulfillment of the terms of its sales contract signed with the government.
NNPC seeks Reps support for assets security
The Group Managing Director of the Nigerian National Petroleum Corporation, NNPC, Mr. Austen Oniwon, has called on the House of Representatives to assist the oil and gas industry in combating the menace of illegal oil bunkering and crude oil theft.
