Fitch revises Nigeria’s outlook to positive, affirms ‘B’ rating
Fitch has revised Nigeria’s Long-Term Issuer Default Ratings outlook from Stable to Positive, citing the success of the sustained economic reforms and rising foreign exchange reserves.
LPG sector can stimulate economic growth – NLPGA
The President of Nigeria Liquefied Petroleum Gas Association, NLPGA, Nuhu Yakubu, has identified the LPG sector as very strategic, capable of stimulating economic growth in the country.
Sahara Group seeks increased investment in power projects
Energy and infrastructure conglomerate, Sahara Group, has called for an increased investment in power projects from Nigeria and the rest of Africa to match the anticipated growth in demand for electricity and support Africa’s drive for economic diversification and industrial development.
We have capacity to make power sector work – GENCOs
THE Generation Companies of Nigeria, GENCOs, has argued that its members have the capacity to stimulate and sustain development in the Power sector of the nation’s economy.
Oil market to stabilise on increased OPEC cut, swells FG’s excess revenue
The global oil market was very unstable in 2017, as a result of many factors, especially over-supply, speculation and politics, thus causing anxiety in major oil producing nations such as Nigeria, Algeria, Angola, Ecuador, Equatorial Guinea, Gabon, Islamic Republic of Iran, Iraq, Kuwait, Libya, Qatar, Saudi Arabia, United Arab Emirate and Venezuela.
Concession Regulatory Commission wades into FAAN, Bi-Courtney faceoff
The Infrastructure Concession Regulatory Commission, ICRC yesterday waded into the faceoff between the Federal Aviation Authority of Nigeria, FAAN, and concessionaire of the Murtala Mohammed Airport, MMA2 with a view to growing the aviation industry.
