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Why Illegal Wild Life Trade Thrives In Nigeria

Nigeria is becoming a hub for illegal wildlife on trade owing due to lack of stiffer penalties for traffickers,conservationists say. They lamented at a public lecture organized by the Pangolin Conservation Guild of

January 12, 2022

by Mohammed Shosanya

Nigeria Spends N60bn Annually On Pipelines Repair

Lai Mohammed, Minister of Information and Culture, Laid Mohammed,says that about N60 billion is spent yearly to repair and maintain the vandalized pipeline points across the country. Mohammed, who disclosed at a

July 6, 2021

Oil&Gas

IOCs Deepening Unemployment,Poverty In Nigeria-NCDMB

Nigeria is losing oil and gas jobs to China as some international oil companies operating in Nigeria now take their jobs to the Asian country,Mr. Simbi Wabote, the Executive Secretary, Nigerian Content

July 6, 2021

Oil&Gas

NCC Rakes In N150bn From Spectrum License Fee

The Nigerian Communications Commission (NCC) has recorded over N150 billion from license fees within the five months of the year. The agency thus exceeded its N36 billion projected revenue from the revenue

July 5, 2021

IT&Telecoms

FirstBank Harps On Sustainable Development

First Bank of Nigeria Limited has expressed its commitment to the sustainability of the communities it operates in the country. The Chief Executive Officer of the bank, Dr Adesola Adeduntan, who spoke

July 5, 2021

Banking&Finance

Russian Firms Plan $500m Investment In Nigeria

Nine Russian firms have indicated interest to invest over $500 million in Nigeria’s manufacturing sector. Chairman, Nigerians in Diaspora Organisation (NIDO), Russia, Mr Sampson Uwem-Edimo, disclosed this in a statement issued ahead of the

July 5, 2021

SME/Manufacturing

Why Subsidy Payments Will Soar-Report

Nigeria’s daily subsidy on petrol is set to hit N7.1 billion on account of the country’s devaluation of the naira from N379/$ to N411/$,a report by Financial Derivatives Company (FDC) Limited,has said.

July 5, 2021

Oil&Gas

We’ll Buy Petroleum Products From Dangote Refinery-MOMAN

The Major Oil Marketers Association of Nigeria(MOMAN),has hinted that it would buy refined petroleum products from Dangote refinery when the facility comes alive. The chairman, MOMAN, Adetunji Oyebanji, disclosed this when he

July 5, 2021

Oil&Gas

PIB:Senate President Sees Economic Prospects For Nigeria

The President of the Senate, Ahmed Lawan,has said that the Petroleum Industry Bill will bring huge foreign direct investment into Nigeria when it is passed into law. He spoke at the opening ceremony

July 3, 2021

News

Aviation University Gets N1bn Lifeline

President Muhammadu Buhari has approved the establishment of an African University of Aerospace and Aviation, to be located in Abuja. The Minister of Aviation, Senator Hadi Sirika ,disclosed this when he led

July 3, 2021

Aviation

OML 130: NNPC, Partners To Earn $760m Revenue From Gas Supply Agreements

The Nigerian National Petroleum Corporation (NNPC) and its partners in the Oil Mining Lease (OML 130) Production Sharing Agreements (PSA) and Production Sharing Contract (PSC) are set to earn over $760m from

July 3, 2021

Oil&Gas

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