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Still On The Whooping $1.5bn For Port Harcourt Refinery, by Gidado Yushau Shuaib

Still On The Whooping $1.5bn For Port Harcourt Refinery, by Gidado Yushau Shuaib     It is no longer news that the President Muhammadu Buhari-led Federal Executive Council (FEC) had recently approved a 'whooping' $1.5 billion to rehabilitate the epileptic Port Harcourt refinery. This move, according to the...

Refineries: Reps Probe $1.5bn Planned Rehabilitation, Past Repairs

Refineries: Reps Probe $1.5bn Planned Rehabilitation, Past Repairs       The House of Representative has resolved to investigate the fresh $1.5bn recently approved by the Federal Executive Council to rehabilitate the Port Harcourt refinery. The House will also be probing into the rehabilitation and maintenance exercises on other...

W/Bank Withholds $1.5bn Loan To Nigeria

W/Bank Withholds $1.5bn Loan To Nigeria         Nigeria got a caveat on Thursday to get approval for a $1.5 billion loan she is seeking from the World Bank. The reforms around the naira must be strengthened by the Federal Government, the financial institution is insisting. According to...

Afreximbank, Others Unveil $1.5bn Facility To Support Food Production

Afreximbank, Others Unveil $1.5bn Facility To Support Food Production         The African Export-Import Bank (Afreximbank) has partnered with the International Islamic Trade Finance Corporation (ITFC), the Trade Finance Arm of the Islamic Development Bank (IsDB) Group; and the Arab Bank For Economic Development in Africa (BADEA),...

Group Cautions FG Over Acclaimed $1.5bn Steel Plant Investment In Kaduna

Group Cautions FG Over Acclaimed $1.5bn Steel Plant Investment In Kaduna         The federal government has been advised to embark on thorough verification of data of investment of foreign investors in the country to further ascertain the investment status of foreigners for proper planning. This is contained...

FG Expecting One million MT Steel From $1.5bn Plant – Minister

FG Expecting One million MT Steel From $1.5bn Plant – Minister       The Federal Government has said that the $1.5bn steel plant that is nearing completion in Kaduna State will attract automobile industries to Nigeria when completed. Minister of Finance, Budget and National Planning, Zainab Ahmed, disclosed...