Archives for August 26, 2021
Stakeholders seek domestication of gas resources as price soars
Drums of oil Unless Nigeria domesticates development of gas resources, especially with a N250 billion-intervention fund released by the Central Bank of Nigeria (CBN) in partnership with the Ministry…
NNPC pegs 2022 base oil price at $57/barrel
NNPC logo The Nigerian National Petroleum Corporation on Wednesday provided a base crude oil price scenario in the medium term, stating that the commodity was pegged at $57/barrel…
Nigeria’s data usage increases by 202% in three years — NCC
By Ngozi Onyeakusi--- The Nigerian Communications Commission has disclosed that data usage in Nigeria rose by per cent in three years. According to the subscriber/network data reports of 2018,…
Retired matron jailed for buying boy N50,000, selling him N200,000
• Akwa Ibom High Court The Akwa Ibom State High Court sitting in Uyo has sentenced a 47-year-old woman, Gertrude Akpan, to 10 years’ imprisonment for trafficking in…
FG FLAGS OFF N-POWER BATCH C WITH 510,000 BENEFICIARIES
Farouq …Batch C is divided into 2 streams with a total 1m beneficiaries …Stream C1 is made up of 510,000 beneficiaries …C2 has 490,000 beneficiaries The federal government has…
CBN threatens prosecution of forex policy defaulters
Emefiele Banks have warned that defaulters of the new foreign exchange policy may face criminal prosecution by the Central Bank of Nigeria. The banks in emails to their customers…