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Sunday, September 15, 2019

Nigerians Amidst Dwindling Economy

Though subtle, Nigeria’s dwindling economic can be likened to American recession of early 21st century which lasted from 1929 until 1933. It was caused by...

Improving Social Amenities To Grow The Economy

In modern times, the citizens demand from their leaders basic social amenities that would not only guarantee their happiness and welfare but also promote...

Dangote builds cement factory in Nepal

Africa’s richest man, Aliko Dangote, says he’s expanding his cement empire to Asia and it will be operational in 30 months. The 58-year-old Nigerian billionaire...
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Nigeria edges Saudi Arabia as top crude supplier to India

Nigeria has replaced Saudi Arabia as the largest crude oil supplier to India after its oil exports to India last month surged by nearly...

Reviving Comatose Mining Industries

Minerals are essential for modern day living and mining is still the primary method of their extraction. Organized mining in Nigeria began as early...

Oil Contractors Face Stringent Selection Procedure

The Nigerian National Petroleum Corporation (NNPC), said, as part of the measures to optimize the marketing of Nigeria’s crude oil and secure new market...

Privatisation of BoI, BoA, NCX Still At Prelim Stage, Says BPE

The Bureau of Public Enterprises (BPE) has explained that the privatization processes for the Bank of Industry (BoI), Bank of Agriculture (BoA) and Abuja...

Dangote Cement declares N74.7bn profit for first quarter of 2015

Nigeria’s largest cement producer, Dangote Cement, has announced a gross profit of N74.7 billion for the three months ended March 31, 2015. This represents...

Nigeria produced 1.91m barrels of crude/day in April

Nigeria’s crude oil production, including condensates and natural gas liquids averaged 1.91 million barrels per day (mbpd) or 57.30 million barrels in April 2015,...

Nigeria to raise N120.5bn in Treasury bills next week

Central Bank of Nigeria (CBN) plans to sell 120.52 billion naira ($606 million) of 3-month, 6-month and 1-year Treasury bills on June 24, the...

Bart Nnaji’s Geometric Power to build 1,080MW plant print

LAGOS, (Reuters) – Nigeria’s Geometric Power will build a 1,080 megawatt power plant jointly with General Electric , with the first phase of the...

Oando Energy Resources Raises Oil Reserves

Oando Energy Resources Incorporated, a wholly-owned subsidiary of Oando Plc, which is into oil and gas exploration and production says it has significantly increased...

Giant Strides In Agricultural Transformation

Food is as essential as oxygen to the human body, and it is one of the major indicators of poverty index. It is generally...

Much More To Bee Than Just Honey

Many people think honey is the only bee product. Although honey is the major product got from bee, there are many other useful products.   Beekeeping...

Nigerian Chinedu Echeruo Sells Hopstop.com for $1billion

Apple has bought Chinedu Echeruo’s HopStop.com, according to AllThingsDigital. Founded in 2005, HopStop.com makes mobile applications for both iOS and Android that covers over...

NSE Launches Premium Board

…Introduces Premium Board Index  In keeping with its commitment to promoting Africa’s biggest companies, as well as influencing the economic growth and development of Nigeria,...

NNPC to renegotiate contracts with oil majors

An aerial view taken on February 5, 2008 120 kms off the coast of Nigeria, south of Lagos, shows the FPSO (Floating, Production, Storage...

Transforming Agriculture to New Oil

Recent economic developments have again, thrown up the debate on the diversification of the economy. It is in the light of this that it...

Nigeria Working To improve Business Climate

Mutiu Yekeen World over, businesses either in small or large scales are the drivers of the economies particularly among nations that are not part of...

BPE Pays N373bn To PHCN Staff

Director General of the Bureau of Public enterprises (BPE), Mr. Benjamin Ezra Dikki has informed members of the National Union of Electricity Employees of...