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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

NLNG Inks GMoU To Boost Community Development in Rivers State

Nigeria LNG Limited (NLNG) has signed Global Memoranda of Understanding (GMoU) with host communities that enable the communities to take ownership and drive sustainable community development with the active support of NLNG.

4 years ago

Oil&Gas

Unemployment Ecobank, LSETF To Support MSMEs in Lagos

Ecobank Nigeria and the Lagos State Employment Trust Fund (LSETF) have entered into collaboration to reduce unemployment in the state through the promotion of entrepreneurship and capacity development for Lagos based micro,

4 years ago

Banking&Finance

Chinese Acquires 75% Stake In Lekki Port

The China Harbour Engineering Company (CHEC),says it has injected $1.1billion into the development of the Lekki Port project Managing Director of Lekki Port LFTZ Enterprise Limited (LPLEL), Mr. Du Ruogang, told journalists

4 years ago

Maritime

App Companies Have Blocked Our Accounts-Uber, Bolt Drivers

Bolt and Uber drivers in Nigeria, say they would not hesitate to seek court injunction over what they described as unjustified blocking of members’ account by the App companies. The drivers under

4 years ago

Motoring

Nigeria’s Construction Industry To Grow By 3.9%

Nigeria’s construction industry is expected to recover in 2021, with an expected real growth rate of 3.9%, driven by a sharp recovery in output levels compared to periods when works were not

4 years ago

News

Afreximbank Commences Construction of Africa Quality Assurance Centre in Nigeria

African Export-Import Bank (Afreximbank) has commenced construction of the Africa Quality Assurance Centre (AQAC) in Ogun State, Nigeria. The Centre will be a state-of-the-art facility with the capacity to offer testing, certification,

4 years ago

Property

FG Gets Nod To Deploy 5G Network

The Senate has given the federal government the go-ahead to approve the deployment of the 5G network in Nigeria. The development followed the consideration of the report of its Joint Committees on

4 years ago

IT&Telecoms

NNPC Promises To Boost Gas Supply To Egbin Power

The Nigerian National Petroleum Corporation (NNPC),has assured Egbin Power Plc of sustained and elevated gas supply to the facility. Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Mele Kyari ,who gave

4 years ago

Oil&Gas

N162 Fuel Price Unsustainable -NGF

The Nigerian Governors’ Forum (NGF) has canvassed the need for Nigeria to consider increase in the pump price of fuel and total deregulation of the nation’s downstream sector. They said that Governor

4 years ago

News

We Won’t Leave Nigeria-Total

Total Corporation,one of the multinational oil companies in Nigeria,has promised that it would not exit the country despite its challenges. The development came as President Muhammadu Buhari commence the Chief Executive Officer

4 years ago

Oil&Gas

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