29 C
Abuja
Friday, May 24, 2019
NNPC Towers

NNPC Records Crude Oil and Gas Export Sale of $470m in August

NNPC Records Crude Oil and Gas Export Sale of $470m in August The Nigerian National Petroleum Corporation (NNPC) has said that crude oil and gas...

Banks Turn To Renewable Energy To Cut Cost

In a bid to cut the increasing cost of running their branches across the country, many Deposit Money Banks (DMBs) are now opting for...

Dangote to Invest $170m in Rice, Sugar Production in Nasarawa

The Dangote Group of Company, in Lafia, says it will invest more than $170m in rice and sugarcane production in Nasarawa State. The President of...
Kemi Adeosun Finance Minister

Nigeria’s Finance Minister Adeosun  resigns

Nigeria’s Finance Minister Adeosun  resigns Nigeria’s finance minister, Kemi Adeosun, has allegedly resigned, a yet-to-be confirmed report has said. Though no clear time has been...
Hadiza Bala-Usman NPA Boss

Nigeria Witnesses Low Import and Export

...‘Why economy won’t recover soon’ ...Clearing agents, LCCI blame exchange rate, high duties Efforts at job creation and price stabilisation are proving very little in the...

Buhari to Discuss Oil Price with Saudi, Qatar

President Muhammadu Buhari will discuss dwindling oil price in international oil market with the governments of Saudi and Qatar during his visit to both...

AEDC Acquires €2.4m Worth InCMS To Combat Power Theft

AEDC Acquires €2.4m Worth InCMS To Combat Power Theft Following challenges of electricity theft and associated loss of revenue, the Abuja Electricity Distribution Company (AEDC)...

OB3 Pipelines Project for Completion in Q2 2019 – Baru

OB3 Pipelines Project for Completion in Q2 2019 – Baru The Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Dr Maikanti Baru, says the Federal...
Naira Dollar

Housing deficit: AfDB injects $8.2m into Shelter Afrique

Shelter Afrique has received $8.2 million injection of equity from the African Development Bank (AfDB). Shelter Afrique is a pan-African finance institution which exclusively...

Flight Bookings By VIPs, Politicians, Expatriates On The Rise As Election Nears

Flight Bookings By VIPs, Politicians, Expatriates On The Rise As Election Nears   There has been an increase in international flight bookings for families of many...

Nigeria Complied With OPEC Cut Deal In February, Says Kachikwu

Nigeria Complied With OPEC Cut Deal In February, Says Kachikwu The Minister of State for Petroleum Resources, Dr Ibe Kachikwu, has said Nigeria implemented its...

Nigeria To Begin Exporting 1,540MW Of Electricity By 2025

Nigeria To Begin Exporting 1,540MW Of Electricity By 2025     Export of electricity to two neighbouring countries, Niger and Benin Republics, from Nigeria is expected to...

Reps Thumb Up CBN’s Intervention Projects

Reps Thumb Up CBN’s Intervention Projects The House of Representatives Committee on Banking and Currency has applauded the intervention projects of the Central Bank of...

Kerosene: NNPC Raises Price Thrice In 2Months

Kerosene: NNPC Raises Price Thrice In 2Months   The Nigerian National Petroleum Corporation has increased the price of kerosene three times between May and so far...

China’s BYD, US firm to Build Electric Bus

China’s BYD, US firm to Build Electric Bus China’s leading electric vehicle maker BYD announced it will team up with US Hybrid Corporation to develop...
Forbes

Dangote Reveals Secret Of Business Success

Aliko Dangote, has revealed the secret of his business success: self-sufficiency and backward integration, a manufacturing strategy that extracts value from entire processes. “We are...

Investment in Refinery, Petrochemicals is Driven by Innovation, Efficiency- Dangote

Investment in Refinery, Petrochemicals is Driven by Innovation, Efficiency- Dangote The ongoing investment in refining, petrochemicals, fertilizer and gas is driven by the desire to...

Global Extreme Poverty Declines, but Slowly- World Bank

Global Extreme Poverty Declines, but Slowly- World Bank Fewer people are living in extreme poverty around the world, but the decline in poverty rates has...

FG Saves $1bn Through Direct Sale Of Crude Oil

FG Saves $1bn Through Direct Sale Of Crude Oil Minister of State for Petroleum Resources, Dr. Ibe Kachikwu has confirmed huge benefit accruing to the...
NNPC Towers

NNPC, AGIP Fail to Remit $14bn to Federation Account- NEITI Audit

... Stakeholders Seek Investigation Into Unremitted Funds The Nigerian National Petroleum Corporation and AGIP have been fingered in non-remittance of more tha $14 billion to...