Economy

  • NCC e1480518441673

    NCC announces change to fixed lines numbering format

    The Nigerian Communications Commission (NCC), has announced new numbering format for fixed lines. The NCC in a statement by by its Director, Public Affairs, Reuben Muoka on Wednesday, said the change was in keeping with its responsibilities under the enabling law, the Nigerian Communications Act (NCA) 2003, to manage Nigeria’s numbering resources, In the process, Nigeria’s Fixed-Lines Numbering Format has…

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    NSE to honour Shettima with fellowship

    The Nigerian Society of Engineers says its council has approved the conferment of an Honorary Fellowship on Nigeria’s Vice President, Kashim Shettima – an honor he earned for his performance as Governor of Borno State, it was learnt. The President of the Nigerian Society of Engineers (NSE) dropped this hint on Tuesday during a courtesy visit to the office of…

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    UNGA: ExxonMobil pledges nearly 40,000bpd in new Nigerian production in the short-term

    ExxonMobil, one of Nigeria’s biggest multinational oil and gas firms, has promised to increase production in its Nigerian operations by approximately 40,000 barrels per day (bpd) as part of a fresh investment push in Nigeria. President of Global Upstream Operations, Liam Mallon, made the assurance with President Bola Tinubu Monday in New York, where the president hosted a delegation consisting…

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  • Power

    EKEDP announces power outage in Ojo, Mosadolorun, Orelope and environs

    The Eko Electricity Distribution Company has announced that it will experience a temporary power outage in some parts of Lagos, the commercial nerve of Nigeria. The power company in a post via its X account formerly known as Twitter said the areas affected are Unity 11kV feeder, in Ojo district. It explained the fault was as a result a line…

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  • NCC JUDGES PHOTO NEWS IN KANO

    CJN pronounces NCC worthy telecom regulator

    The Chief Justice of Nigeria (CJN), Justice Olukayode Ariwoola, has pronounced the Nigerian Communications Commission (NCC), a worthy telecom regulator in Nigeria for its dedicated efforts in promoting awareness and knowledge of Information Communications Technologies (ICT), among the judiciary in particular, and the Nigerian public. The CJN who is the Chairman, Board of Governors of the National Judicial Institute (NJI),…

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  • 2020 04 28T033558Z 34288360 RC2FDG9IFH9V RTRMADP 3 GLOBAL OIL USA STORAGE

    Nigeria generates $23bn revenue from oil, gas in 2021 – NEITI

    The Nigeria Extractive Industries Transparency Initiative (NEITI) said on Monday that the oil and gas industry generated over $23billion in 2021. The Executive Secretary of NEITI, Dr Orji Ogbonnaya Orji said this while presenting highlights on the 2021 Oil and Gas report unveiled in Abuja. According to Orji, the revenue sources included sales of federation crude oil and gas, taxes,…

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    Dangote refinery to start operating October at 370,000b/d

    The long-awaited Dangote refinery — billed as a game-changer for Nigeria and sub-Saharan Africa — will receive its first cargo of crude in the next two weeks and will begin producing up to 370,000 b/d of diesel and jet fuel from October, a senior company executive told S&P Global Commodity Insights. In a wide-ranging exclusive interview, Dangote Group Executive Director…

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  • NCC

    NCC opens applications for 2023 Talent Hunt Research through hackathon

    The Nigerian Communications Commission (NCC) has kicked off activities for the third edition of its Talent Hunt Research through Hackathon as part of giving expression to its Strategic Vision Plan 2023-2025, which is to encourage the development of new technologies and indigenous content through cutting-edge research. According to a statement by the Director, Public Affairs, NCC, Reuben Muoka, the goal…

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  • NCC Photo News Kano Event

    NCC says broadband penetration on fast-tract 

    The national target to achieve 70 per cent broadband penetration by 2025 is receiving renewed attention from the Nigerian Communications Commission (NCC), which promises 50 per cent before the end of 2023. This promise was one of the highlights of the special media chat with executive editors and media chiefs in the northern part of the country, hosted by the…

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    REA to deploy NASENI renewable technologies to light up rural areas in Nigeria 

    The Executive Vice Chairman/CEO of the National Agency for Science and Engineering Infrastructure (NASENI), Mr Khalil Halilu and the Managing Director/CEO of the Rural Electrification Agency (REA), Mr. Ahmad Salihijo Ahmad have agreed to work together to deploy NASENI Solar resources and other renewable energy technologies, to increase electricity supply to Nigeria’s rural areas. This commitment was the outcome of…

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