Improvement in economic indicators points to Nigeria’s stabilisation — UBA boss
Group Managing Director of United Bank for Africa (UBA) and Chairman of the Body of Bank CEOs in Nigeria, Oliver Alawuba, has outlined a blueprint for building a resilient Nigerian economy, calling for deliberate policies and stronger collaboration across the public and private sectors to transform economic stability into inclusive prosperity. Alawuba made the call […]
Shell assessing $4bn Nigeria oil projects
The Chief Executive of Royal Dutch Shell Plc, Mr. Peter Voser, has revealed that the oil major is assessing projects that could be worth up to $4billion to boost oil production in Nigeria and cut flaring of associated gas.
Power: Imoke calls for review of gas pricing policy
Cross Rivers State Governor, Mr. Liyel Imoke, has called on the Federal Government to review the current natural gas pricing template, saying that current structure had over the years remained a major disincentive to the gas to power programme and attendant electricity supply shortages in the country.
PETROL SUBSIDY: FG paying for corruption – David West
FORMER Minister of Petroleum Resources, Professor Tam David West has described of petroleum subsidy as worse than the convicted former governor of Delta State, James Ibori.
UBA shares rise on strong Q1 fundamentals
Investors in the Nigerian capital market are reacting positively to the first quarter result of United Bank for Africa (UBA) Plc with the share prices rising for three consecutive days following announcement of pre-tax profit of 200 per cent.
Power supply: TCN installs 60KV transformer in Ikorodu
The Transmission Company of Nigeria said it has installed 60KV in Ikorodu to boost effective power supply.
