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Nigeria’s $1.5bn Annual Spend On Diary Products Import Regrettable ― Minister

Alhaji Sabo Nanono,the Minister of Agriculture and Rural Development, Alhaji Sabo Nanono has regretted that Nigeria spends about $1.5 billion importing dairy products annually. He expressed that despite the potentials in the

4 years ago

by Mohammed Shosanya

AGPC Announces $10million On Capacity Development Initiatives

ANOH Gas Processing Company (AGPC) has reiterated its commitment to spending up to $10million on capacity development initiatives in the oil and gas sector. The Managing Director of AGPC, Okechukwu Mba said

4 years ago

Oil&Gas

DPR Begins Formal Handover Of Addax Assets

The Department of Petroleum Resources (DPR) has inaugurated a team of experts to evaluate the revoked assets of Addax Petroleum Exploration Nigeria Limited in preparation for formal handover to the new operators-

4 years ago

Oil&Gas

Stop Rejecting Lower Dollar Bills,CBN Warns Banks

The Central Bank of Nigeria has threatened to wield big sticks on deposit money banks and authorised bureau de change operators who reject old and lower denomination of the United States dollar

4 years ago

Banking&Finance

FG Gives NLNG N20bn Tax Waiver

The Federal government has given Nigeria Liquefied Natural Gas (NLNG) company ₦20 billion tax waiver for the construction of Bodo Bonny Bridge in Rivers State. The Federal Inland Revenue Service (FIRS) presented

4 years ago

Oil&Gas

New Gas Deal To Boost Nigeria’s Gas By 1.2TCF

The Nigerian National Petroleum Corporation (NNPC) has said the execution of the Oil Mining Lease (OML) 143 Gas Development Agreement (GDA) with its partner, Sterling Oil Exploration and Production Company (SEEPCO) would

4 years ago

Oil&Gas

Reps Consider Maritime Security Trust Fund Bill

The House of Representatives has commenced moves to establish a security Trust Fund for the Maritime sector by passing the establishment bill for second reading. The Bill for an Act to establish

4 years ago

Politics

Over 1,179 Students Abducted In Seven Years-Peace Corps Boss

Prof. Dickson Akoh,the National Commandant of Peace Corps of Nigeria, Prof. Dickson Akoh has revealed that 1,179 students have been kidnapped in the country in the last seven years. Akoh,who disclosed this

4 years ago

News

First Bank’s Customers On Digital Platforms Now 16million

First Bank Group says it has has over 16 million active customers on its digital platforms. It has also recorded five times growth in transaction volumes and six times growth on transaction

4 years ago

Banking&Finance

Rivers Teachers’ Protest Five Year Unpaid Salaries

Teachers in the Rivers State University International Demonstration Secondary School, Nkpolu-Oroworukwo, Port Harcourt; Ignatius Ajuru University of Education’s Staff Primary and Secondary School, Ndele; and the Ken Saro-Wiwa Polytechnic’s Staff Primary and

4 years ago

Education

How Stringent Global Financial Conditions Triggered Huge Capital Outflows From Africa-Report

Professor Benedict Oramah, President of Afreximbank, Prof. Benedict Oramah, has revealed highlighted how the tightening global financial conditions triggered massive capital outflows from Africa, exceeding $5bn in the first quarter of 2020.

4 years ago

Business

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