Cynthia Egboboh

2 weeks ago | businessday.ng | Cynthia Egboboh

The Federal government, through the ministry of power has announced progress made with the implementation of the mass metering project ongoing at the army formation across the country, stating that the project has generated N769.1 million in revenue between August 2024 and April 2025. The N40 billion project which was flagged off in March 2024, was aimed to address the issues of estimated billings in the barracks.

2 weeks ago | businessday.ng | Cynthia Egboboh

Olukayode Kekere-Ekun, the Chief Justice of Nigeria (CJN), has called on judicial officers to play a proactive role in supporting ongoing reforms in Nigeria’s power sector, stressing that judicial interpretations and oversight are critical to ensuring regulatory consistency, investor confidence, and consumer protection.

3 weeks ago | businessday.ng | Cynthia Egboboh

The Federal Government, commending the coming on board of Renaissance Africa Energy, has tasked the organisation to ramp up production of crude oil in facilities under its control. Heineken Lokpobiri, minister of state for Petroleum Resources (oil) made this call while receiving management of Renaissance Africa Energy team in his office.

3 weeks ago | businessday.ng | Cynthia Egboboh

The Centre for the Promotion of Private Enterprises (CPPE) has called for a withdrawal of the Raw Materials Research and Development Council [RMRDC] Bill currently before the National Assembly, stating that it has the prospect of creating adverse and unintended consequences for the exports, Nigerian exporters and manufacturers ss well as manufacturing activities.

3 weeks ago | businessday.ng | Cynthia Egboboh

Bashir Bayo Ojulari, the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC Ltd) has set an ambitious target, stating that the company under his stewardship aims to attract sectoral investments worth $30 billion by 2027 and $60 billion by 2030; raise crude oil production to over 2 million barrels per day, sustained through 2027 and attain 3 million by 2030.