Category : Search result: Nigerian downstream sector


Northern Industries Back 15% Power Tariff Hike

Major northern industrial associations endorse new electricity tariff, citing long-term economic benefits despite initial cost concerns for manufacturers and households.

First Bank Holdings Posts N450.9B Profit

First Bank of Nigeria Holdings Plc announces staggering N450.9 billion profit as it strategically positions itself for Central Bank of Nigeria's banking sector recapitalisation requirements.

Local Content Key to Africa's Energy Future

Nigerian Content Development and Monitoring Board reveals how prioritizing local content is transforming Africa's energy sector and creating sustainable growth opportunities.

FG Plans Refinery Sale to Boost Competition

The Federal Government is considering selling the country's struggling refineries to private investors as part of a comprehensive strategy to revitalize Nigeria's oil and gas sector, increase competition, and achieve energy self-sufficiency.

Dangote Refinery Cuts Petrol Prices, Shakes Market

In a dramatic market move, Dangote Petroleum Refinery has significantly reduced petrol prices, triggering a competitive battle that's transforming Nigeria's downstream oil sector and bringing relief to consumers.

Ezeibe Makes History as First Female NCRIB President

The Nigerian insurance sector witnesses a historic transformation as Dr. (Mrs.) Bola Onigbogi Ezeibe becomes the first female president of Nigerian Council of Registered Insurance Brokers, marking a significant milestone for gender inclusion in financial

BAT Nigeria Leads Private Sector Climate Action Drive

British American Tobacco Nigeria is spearheading Nigeria's energy transition with ambitious solar projects and advocating for stronger private sector leadership in climate initiatives across West Africa.

Ecobank Leads Nigeria's Top Banks in Customer Deposits

New data reveals Nigeria's top 10 banks by customer deposits, with Ecobank leading the pack. Discover which financial institutions Nigerians trust most with their money and the staggering amounts involved.

FG Pays ₦12B Health Workers Arrears in 72 Hours

Federal Government commits to settling ₦11.995 billion in withheld salaries for doctors and healthcare professionals, promising payment within three days to resolve lingering industrial disputes.

FG Releases ₦11.9B to End Doctors' Strike

The Federal Government takes decisive action to resolve the ongoing doctors' strike by releasing ₦11.9 billion to clear accumulated arrears, signaling a major breakthrough in healthcare negotiations.

EKEDC Starts Free Meter Distribution Nationwide

Eko Electricity Distribution Company begins massive free meter rollout under Federal Government's National Mass Metering Programme, bringing relief to thousands of customers tired of estimated billing.

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