FG Targets $70m Profit From Crude Supply To Indonesia     The Nigerian National Petroleum Corporation (NNPC) through its subsidiary, Duke Oil, has sealed a pact to supply 30,000 barrels per day crude oil supply to Indonesia’s state oil corporation, Pertamina and Indian Oil Corporation. The development, which...

Nigeria Loses $70m To Illegal Fishing Annually       The House of Representatives has expressed worry that Nigeria loses $70 million yearly to Chinese and other European trawlers due to illegal fishing in the nation’s waters as observed by the Nigerian Navy in 2017. As a result, the...

Foreign Reserves Rise By $70m In One Week     The country’s foreign reserves rose by $70m from $35.59bn as of August 20 to $35.66bn on August 27, the latest figures from the Central Bank of Nigeria have shown. The reserves had earlier dropped by $278.91m from $35.87bn...

Popular Farms Invests $70m To Boost Rice, Sesame Production   The management of Popular Farms and Mills Limited, a subsidiary of Stallion group has invested over $70 million to boost production of varieties of agricultural produces especially on paddy rice and sesame in Nigeria, as to...

17 universities Receive $70m Grant For Research   About 17 Nigerian universities have been approved to receive the sum of $70m to conduct researches on infectious diseases, tropical diseases and reproductive health under the World Bank’s Africa Centres of Excellence project. The researches, which are to begin...

To Boost Financial Inclusion, NIMC Targets 70m Identity Numbers   As part of efforts to boost financial inclusion in the country, the National Identity Management Commission (NIMC) has disclosed plan to issue identity numbers to 70 million Nigerians by the end of next year. The country which...