Over $10 billion is being invested by state governments and private sector companies in the development of new deep and river seaports throughout Nigeria.
In partnership with the International Cotton Advisory Committee (ICAC), the federal government has begun working towards the resuscitation of Nigeria’s moribund cotton industry.
CBN Approves Merger Of Unity, Providus Banks
The Central Bank of Nigeria (CBN) on Tuesday announced the approval for a pivotal financial accommodation to support the proposed merger between Unity Bank Plc and the Providus Bank Limited.
The apex bank, in a statement by its acting...
Rating: GCR Affirms Dangote Industries Limited AA+(NG)/ A1+(NG)
· Strong earnings prospects from the new refinery
GCR Ratings (GCR) has affirmed the national scale long-term and short-term issuer ratings of AA+(NG) and A1+(NG) respectively accorded to Dangote Industries Limited (DIL). GCR in its recent report also...
NNPCL Launches New Crude Oil Grade, Targets 50,000bpd
The Nigerian National Petroleum Company Limited (NNPC) yesterday announced the introduction of Utapate crude oil blend, a new crude grade into the international oil market.
The new blend is from Oil Mining Lease (OML) 13 and is fully...
