SMEs: NEXIM Bank, partners seek quick passage of Nigerian Factory Bill The Nigerian Export-Import Bank (NEXIM), and its partners have underscored the need for quick passage of the Nigerian Factory Bill to promote Small and Medium-sized Enterprises (SMEs). The group made...

Discos reject 5,451MW of electricity in 7 days Power distribution companies(Discos) rejected a total of 5,451.05 megawatts of electricity between January 13 and January 19, 2020, latest industry figures obtained from the Federal Ministry of Power on Sunday showed. Findings revealed...

Pipelines Attack: Nigeria loses over $42bn revenue The constant attacks on critical national assets, especially petroleum product pipelines appears to have defied all solutions, posing a national security threat capable of bringing the nation’s economy to its kneel with over...

Amaechi Sets Up Guidelines Committee to Disburse N72b Vessel Financing Fund Ahead of a planned commencement of the disbursement of the Cabotage Vessel Financing Fund (CVFF), the Federal Government has set up a committee to develop guidelines for the distribution...

China votes $9 billion to Check spread of coronavirus China’s finance ministry and National Health Commission have extended 60.33 billion yuan (S$11.8 billion) to help contain a spreading  coronavirus , according to a statement on the ministry’s website. The death toll...

NPSC Generates N44.4bn Income in 2018 Financial Year … Set to Automate Pipelines to Curb Pipeline Vandalism The Nigerian Pipelines and Storage Company (NPSC), one of the Downstream subsidiaries of the Nigerian National Petroleum Corporation (NNPC), generated N44.4bn in its 2018...