Nigeria Expands Local Refining With Four Modular Refineries, New Licenses
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) yesterday gave an update on Nigeria’s local refining capacity, saying there is an expansion with the issuance of nine Licenses to Establish (LTEs), seven Licenses to...
Naira Weakens Further as FX Turnover Declines by 71%
The naira fell on Monday at both the official and black markets to 1670.75/$ and 1748/$, respectively, as the daily foreign exchange turnover in the official market dropped by 71 per cent to $81.17m.
This comes amid...
'Four Free Trade Zones Attract $8bn Investments'
Four free trade zones have attracted a total investment of $8bn within their years of operations, contributing to local economic activity and fostering international trade relations, officials of the FTZs have said.
The zones, located in Lagos State include...
CBN, IFC Agree on $1bn Investments in Major Sectors
The International Finance Corporation (IFC) a member of the World Bank Group, and the Central Bank of Nigeria (CBN) have announced an agreement to scale up local currency financing, unlocking over $1bn in investments across key...
Wamakko Thanks Tinubu for Four Gifts to Sokoto State
By launching the 1000 km Illela to Badagry highway project, initiating the livestock reform program, creating the Federal Ministry of Regional Integration and appointing two ministers from Sokoto State, President Bola Ahmed Tinubu has brought...
IPRA Golden World Awards 2024: Peru Takes Grand Prix, Croatia Makes Waves
The Grand Prix 2024 of the IPRA Golden World Awards for Excellence (GWA), the world’s most prestigious PR awards scheme, went to "Pots That Develop" countering rural food poverty.
The campaign from Peru’s Alicorp...
