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Ardova-led Consortium to Acquire Powergas in Major CNG Expansion Deal

Olushola Bello LAGOS — Ardova Plc, in partnership with Diadem Energy, has agreed to acquire Powergas Global Investments Nigeria Limited and Powergas Ebedei Limited, in...

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Nigeria Seeks Fresh $1.5bn World Bank Financing as Public Debt Hits ₦166.79tn

 Olushola Bello ABUJA — The Federal Government is in discussions with the World Bank for three proposed $500 million financing packages worth a combined $1.5...
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Nigeria Seeks Fresh $1.5bn World Bank Financing as Public Debt Hits ₦166.79tn

 Olushola Bello ABUJA — The Federal Government is in discussions with the World Bank for three proposed $500 million financing packages worth a combined $1.5...

Ardova-led Consortium to Acquire Powergas in Major CNG Expansion Deal

Olushola Bello LAGOS — Ardova Plc, in partnership with Diadem Energy, has agreed to acquire Powergas Global Investments Nigeria Limited and Powergas Ebedei Limited, in...

Presidency Says Tinubu Is Hale and Hearty as Opposition Questions Extended Stay in France

Olushola Bello ABUJA — The Presidency has said President Bola Tinubu is “hale and hearty” and continuing to work from France, as opposition figures question...

CBN Slashes MPR to 23% in 350bps Reset, Puts Banks Under Pressure to Cut Lending Rates

Olushola Bello The Central Bank of Nigeria (CBN) has cut its benchmark Monetary Policy Rate (MPR) by an unprecedented 350 basis points to 23 per...

NMDPRA Orders Petrol Stations to Recalibrate Pumps Over Under-Dispensing

Olushola Bello ABUJA — The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has ordered petroleum retail outlet operators across Nigeria to immediately calibrate and...

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Nigeria Seeks Fresh $1.5bn World Bank Financing as Public Debt Hits ₦166.79tn

 Olushola Bello ABUJA — The Federal Government is in discussions with the World Bank for three proposed $500 million financing packages worth a combined $1.5...

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