Pascal Arogorn Ibe
- Economy
- August 21, 2020
- 262 views
Power generation sinks to 3,356MW after new 5,420.30MW peak
Power generation in the country fell to 3 ,356 megawatts on Thursday less than two days after a new peak of 5 ,420 .30 MW was achieved . The Transmission…
- Economy
- August 20, 2020
- 314 views
World Bank clears 35 states in Nigeria for US$1.5bn COVID-19 stimulus package
The World Bank has cleared 35 states for the US$1.5billion stimulus package for Nigeria’s states to cushion the economic effects of the COVID-19 pandemic. The plan is part of the…
- Economy
- August 20, 2020
- 315 views
Nigeria’s power transmission hits all-time peak of 5,420.3MW
The Nigerian power industry achieved another improved all – time national peak of 5 ,420 .30 megawatts, the Transmission Company of Nigeria announced on Thursday. It was also gathered that…
adminHow to pull Nigeria from the brink
.By Atiku Abubakar On Monday, April 27, 2020, British oil and gas giant, BP, became the latest in a growing number of energy firms to declare a massive quarterly loss.…
Oil price apocalypse will bankrupt Nigeria, Africa’s richest nation
.William Ebbs @ebbs_william With oil prices falling below zero dollars per barrel, it’s only a matter of time before Nigeria’s debt-ridden government goes bankrupt. Nigeria is slipping toward economic collapse…
NNPC loading depots to remain operational, as FG promises product availability
In its bid to ensure that the Presidential directive on the lockdown of some states is adhered to without concerns about availability of petroleum products, the Nigerian National Petroleum Corporation…
COVID-19 Fallout: 80 countries seek financial help from IMF
The Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, has said the human costs of the coronavirus (COVID-19) pandemic are already immeasurable. She also disclosed that nearly 80…
Shake-up As NNPC Retires 40 GGMs, GMs
The management of the Nigerian National Petroleum Corporation has retired no fewer than 40 Group General Managers (GGMs) and General Managers (GMs) at the oil firm. It was gathered…