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NCC GRANTS TWO NEW INFRACO LICENCES
The Nigerian Communications Commission has granted licences to two new infrastructure companies in addition to the two earlier granted. The…
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NEW INTERCONNECT RATES FOR TELECOMS OPERATORS SOON
PricewaterhouseCoopers which was commissioned by the Nigerian Communications Commission (NCC) to conduct a study on Cost-Based Interconnect Rates in Nigeria…
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LITIGATION, FUNDING DELAY AJAOKUTA PLANTS REVAMP
The Federal Government has disclosed that the sum of $1.2 billion was required to restore the Ajaokuta Company into operations…
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FG PROSECUTES 18 CHINESE, 36 NIGERIANS FOR ILLEGAL MINING
Eighteen Chinese and 36 Nigerians have been arrested and are currently facing prosecution for engaging in illegal mining. To further…
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ALSCON: FG SIGNS RENEWED SHARE PURCHASE AGREEMENT WITH UC RUSAL
UC Rusal has been officially recognized by the Federal Government as the core investor of the Aluminium Smelter Company of…
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NASS TO AMEND LOCAL CONTENT ACT FOLLOWING EGINA PROBE
The National Assembly is set to amend the Nigeria Oil and Gas Industry Content Development (NOGICD Act), 2010 on the…
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LAGOS ASSEMBLY PASSES EMBEDDED POWER SUPPLY LAW
The Lagos State House of Assembly has passed a bill on Embedded Power Supply which will provide for the development…
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LEKOIL STATES INTENTION TO FARM-DOWN OPL 325
Lekoil has announced the completion of a Technical Evaluation Report for OPL325. The Company holds 62% equity interest in OPL325,…
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NNPC CONSIDERS PPP ARRANGEMENTS FOR CONSTRUCTION OF OIL, GAS PIPELINES
Nigerian Pipeline Storage Company (NPSC) has been asked to refurbish and build more pipelines and storage utilising Public Private Partnership…
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FG TO WOO POWER SECTOR INVESTORS WITH 40% STAKE IN DISCOS
The Ministry of Power, Works and Housing is set to provide a framework for investment in expanding the electricity distribution…
