BUSINESS

• Stakeholders back initiativeThe Federal Government is set to establish a National Single Window (NSW) platform at port, to facilitate international trade, end arbitrary charges, under-the-table payments and boost revenue generation from the non-oil sector. […]

Shell, a British energy major, on Tuesday, announced that it had reached an agreement to sell its Nigerian onshore subsidiary – Shell Petroleum Development Company of Nigeria Limited, to Renaissance for $2.4bn after about a […]

Vodafone signs a 10-year deal with Microsoft to use the US tech giant’s advanced technologies to offer customer-centric AI, digital and cloud services to more than 300 million businesses across Europe and Africa. UK telecoms […]

The Nigerian Railway Corporation (NRC) has commenced moves to reactivate the old narrow gauge networks with the Eastern line already at an advanced stage to… The Nigerian Railway Corporation (NRC) has commenced moves to reactivate […]

The Federal Government through the Nigerian Electricity Regulatory Commission has issued 13 new licences for the generation of off-grid and embedded power, independent electricity distribution, as well as for the trading of electricity.It said the […]

As the Port Harcourt oil Refinery comes to life, the Nigerian National Petroleum Company Limited has concluded plans to hand over the government refinery to private operators.The NNPCL said it was seeking to engage reputable […]

The price of iPhone 15s is being cut by as much as 5% as competition heats up in China’s smartphone market. Customers in China will be able to save up to 500 yuan (around €65) […]

As the Port Harcourt oil Refinery comes to life, the Nigerian National Petroleum Company Limited has concluded plans to hand over the government refinery to private operators.The NNPCL said it is seeking to engage reputable […]

Riding on the deployment of the fifth generation (5G) technology by the three licencees, MTN Nigeria, Mafab Communications and Airtel Nigeria, the telecoms industry is expected to take a firmer foothold in the country. In […]

Managing Director and Country Chair, TotalEnergies Exploration and Production (E&P) Nigeria Limited, Matthieu Bouyer has said the company would take the final investment decision (FID) on the Ubeta gas project in 2024, while some other […]