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Brittania-U resumes action against Chevron over failed OML bid.
A court of Appeal in Lagos is set to resume proceeding in respect of the ongoing dispute between Brittania-U, an…
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FG commences the of revamping and utilization of Enugu coal deposit.
As part of it’s efforts towards reviving the power sector in Nigeria, the Federal Government has commenced steps to revamp…
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NERC sanctions DISCOs; orders consumers without prepaid meters to stop paying bills
In light of the Distribution Companies’ (DISCOs) failure to provide all electricity consumers with prepaid meters as directed by Nigerian…
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Nigeria signs off bilateral agreements with Morocco
Nigeria and Morocco have further strengthened their business ties by signing off on two other bilateral agreements. The first agreement…
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Nigerian Energy Group Taleveras and ExxonMobil win Oil Blocks in Equatorial Guinea.
Equatorial Guinea’s Minister of Mines and Hydrocarbons recently revealed that respective oil blocks have been awarded to Nigerian Energy Group…
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Forcados finally commences crude exports.
Following the completion of the damaged Trans-Forcardos Pipeline, the Shell Petroleum Development Company of Nigeria Ltd (SPDC) has lifted the…
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The Ministry of Mines and Steel Development commences negotiation with Sovereign Wealth Trust
The Minister of Mines and Steel Development has admonished the Solid Mineral Development Fund (SMDF) to fast-track the approval of…
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Nigeria plans to issues its delayed “green” bond
The Federal Government is currently planning to issue its long awaited green bond which is expected to raise about NGN20bn…
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Federal Government awaits approval of the National Assembly to borrow US$1.3bn
The Federal Government is currently awaiting approval of the National Assembly to borrow up to US$1.3bn from international lenders to…
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World Bank approves US$500mn loan for social investment programme
The World Bank has approved a US$500mn loan for the government of Nigeria for social investment programme. The programme includes…
