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Barometer NG
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Nigeria Liquefied Natural Gas’ (LNG) fifth production unit, or train, is set to resume production in July after it shut down for maintenance on May 25, the company said in a statement to Reuters. “The Train 5 Turn Around Maintenance affects output from…
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IHS Towers Ltd. has postponed an initial public offering that would have valued the company at as much as $10 billion, according to people familiar with the matter, because of concern that a sale may take place too close to an election in its home market…
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Voters in Burundi have overwhelmingly approved a new constitution, the electoral commission said on Monday, ushering in changes that could let the president stay in power to 2034. An opposition coalition rejected the result of last week’s referendum while…
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Governor of Oyo State, Senator Abiola Ajimobi on Monday disclosed that the culture sector is one in which his administration would leave a legacy with tangible projects to ensure the revitalization of the Cultural tourism sector in the state. The Governor…
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Nigeria’s economy expanded for a fourth straight quarter in the first three months of the year, boosted by an increase in oil prices and output. Gross domestic product expanded 1.95 percent in the three months through March from a year earlier, National…
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President Muhammadu Buhari has approved the establishment of a Presidential Infrastructure Development Fund (PIDF), which is to be managed by the Nigeria Sovereign Investment Authority (NSIA), and invested specifically in critical road and power projects…
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Oyo State Governor, Senator Abiola Ajimobi, has congratulated members of the Oyo State House of Assembly on the rancour-free election of a new Speaker, Rt. Hon. Olagunju Ojo. The governor also felicitated with the new speaker for being found worthy by his…
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Oyo State Government has warned groups and individuals against activities capable of disrupting Saturday’s local government election and party congresses, saying that security operatives have been put on red alert to ensure peaceful conduct of both…
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President Donald Trump withdrew the U.S. from the 2015 Iran nuclear agreement on 8 May 2018. This unilateral act deals a serious blow to the accord, but Europe and Iran can still work together to salvage it. President Donald J. Trump has unilaterally…
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With President Donald Trump’s decision about withdrawing from the Iran nuclear deal looming, Europe is on edge. After Iran agreed to limit uranium enrichment activities and eliminate its stockpiles in exchange for sanction relief, European companies…
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