Nigerians urged to pay for power

…as USTDA signs gas power project agreement By Etuka Sunday The Nigerian power sector will remain undeveloped if consumers are unwilling to pay for the power that they consume. This is according to Yusuf Usman, Chief Operating Officer (Gas and Power), Nigerian National Petroleum Corporation (NNPC). He made the statement during a panel discussion on More...

by Peoples Daily | Published 1 week ago
By Peoples Daily On Thursday, February 13th, 2020
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FG urged to protect oil industry data against cyber-attack

By Etuka Sunday The federal government has been urged to develop policies and legislation that will help protect the oil and gas industry’s vital data against cyber-attack. The Technical Assistant (Gas Business More...

By Peoples Daily On Wednesday, February 12th, 2020
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Obaseki stalwarts back Akande- led reconciliation committee

By Osaigbovo Iguobaro, Benin All Progressives Congress (APC) stalwarts across the 18 Local Government Areas of Edo State, on Tuesday commended President Muhammadu Buhari for setting up the reconciliation Committee More...

By Peoples Daily On Wednesday, February 12th, 2020
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NNPC secures $1.16m USTDA grant for 1,350MW Abuja Power Plant

By Etuka Sunday The Nigerian National Petroleum Corporation (NNPC) yesterday secured a grant from the United States Trade and Development Agency (USTDA) to facilitate the establishment of a 1,350Megawatts (MW) Independent More...

By Peoples Daily On Wednesday, February 12th, 2020
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CBN engages 6 Dairy Companies for Milk Importation

..injects $210m into Forex Market By Etuka Sunday In line with its objective to increase and improve the local production of milk, its derivatives and other dairy products in the country, the Central Bank of Nigeria More...

By Peoples Daily On Wednesday, February 12th, 2020
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Insurers pay over N350m claims on banks, others fraudulent acts

Insurance companies paid over N350 million claims on frauds perpetrated by banks’ staff and fraudsters in 2018. Data obtained from the Nigerian Insurers Association (NIA) stated that NEM Insurance paid the largest More...

By Peoples Daily On Wednesday, February 12th, 2020
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Prestige Assurance grows GWP by 28% in Q4 2019

  Prestige Assurance Plc has recorded an improved performance as it’s Gross Written Premium(GWP) grew to N6.1 billion as againstN4.729 billion recorded within the same period in 2018, indicating a 28 percent More...

By Peoples Daily On Wednesday, February 12th, 2020
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AIICO partners EdFin MFB on Education

By Ngozi Onyeakusi– AIICO Insurance Plc., a leading insurer in Nigeria has partnered with EdFin Microfinance Bank to provide support on sustainable education in Nigeria. According a statement signed by the More...

By Peoples Daily On Tuesday, February 11th, 2020
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NIPS: Buhari woos investors, assures security, return on investments

By Etuka Sunday The President, Federal Republic of Nigeria, Muhammadu Buhari yesterday assured foreign investors of maximum security and high return on investments. Declaring open, the 3rd Edition of the Nigeria More...

By Peoples Daily On Tuesday, February 11th, 2020
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FG launches Gas Transportation Network Code, as reserves hit 200.79trn TCF

By Etuka Sunday The Federal Government yesterday launched Nigerian Gas Transportation Network Code (NGTNC), as the nation’s gas reserves hit 200.79tillion Cubic Feet (TCF). FG said, the Code was a contractual More...