Tag:
firms
Business
Gas Revolution: FG Grants 25-Year Licences to 10 Firms
In a strategic move to boost domestic gas distribution and enhance Nigeria’s energy transition, the Federal Government has issued 25-year gas distribution licences to...
Business
Fraud: World Bank Hits Two Nigerian Firms With 30-Month Ban
In a dramatic move that underscores the World Bank’s commitment to accountability in global development projects, two Nigerian companies—Viva Atlantic Limited and Technology House...
Business
Airtel Africa, BUA Foods, 11 Firms Hit Trillion-Naira Valuation
Nigeria’s economic landscape is seeing a remarkable transformation as 13 companies cross the prestigious N1 trillion market capitalisation threshold, signaling a new era of...
Environment
Oil Firms Under Fire as 70% of Bayelsa Blames Them for Devastation
A recent report by the Human and Environmental Development Agenda (HEDA) has unveiled the devastating consequences of oil exploitation in Bayelsa State, sparking fresh...
News
US Supreme Court Set to Rule On Nigeria, Chinese Firm’s $70m Dispute
The legal battle between Nigeria and Zhongshan Fucheng Ltd, a Chinese investment firm, is set to take a decisive turn as the United States...
Development
NERC Warns Electricity Firms Against Charging Customers for Meter Replacement
The Nigerian Electricity Regulatory Commission (NERC) has issued a stern warning to electricity distribution companies (DisCos) across the country, condemning their illegal practice of...
News
US Hits Chinese Firms with Sanctions Over Arms Supplies to Russia
In a significant escalation, the United States has imposed sanctions on two Chinese companies accused of supplying drones to Russia for its ongoing war...
Business
Nigerian Firms Have Greater Risk Appetite Than Multinationals – Soludo
In a bold statement at the Abuja Business and Investment Summit, Anambra State Governor Chukwuma Soludo asserted that Nigerian companies possess a greater willingness...