Energy
Geometric Power reviving hope in Abia’s $12bn economy – energy economists
…But gas supply still a hurdle for $800m power facility Ben Eguzozie Geometric Power, Aba, an $800 million electricity generating…
NNPCL expands LNG trading footprint to China, Japan
Business a.m. A landmark agreement between the Nigerian National Petroleum Company Limited (NNPCL) and its downstream subsidiaries, NNPC LNG Ltd…
Afreximbank spearheads $650m loan for Oando’s acquisition of NAOC stake in Nigerian JV
Business a.m. The African Export-Import Bank (Afreximbank) has arranged a senior $500-million and a junior $150-million reserve-based lending facility for…
Nigeria’s persistent fuel scarcity rooted in inefficient distribution system, PENGASSAN claims
Business a.m. The Petroleum and Natural Gas Senior Association of Nigeria (PENGASSAN) has attributed the persistent fuel scarcity in the…
Dangote, other local refineries to get crude oil in Naira from October 1
Business a.m. The federal government has revealed that sales of crude oil to Dangote Refinery and other local refineries will…
Marginal assets offer Nigeria diversification window in 2024 bid rounds
Assets to bring in fresh $38bn in lifetime revenue Ben Eguzozie Nigeria is set to place a strong emphasis on…
