Non-oil Export Projects: NEXIM Bank Earmarks N5bn In Niger-Delta     The Minister of Finance, Mrs. Kemi Adeosun has inaugurated the Board of Directors of the Nigerian Export-Import Bank (NEXIM). In line with the Nigerian Export-Import Bank Act 38 of 1991, the new board has Deputy Governor, Economic...

Rivers, Shell sign MoU on gas supply The Rivers Government and Shell Nigeria Gas (SNG) have signed a Memorandum of Understanding (MoU) for the distribution of gas to industries in the Greater Port Harcourt area and its environs. The signing of the MoU was announced in...

From current indices available, the Nigerian economy is gradually  recovering from recession and one of the major ways proffered as solution has to do with the ease of doing business in Nigeria by both local and foreign investors.   Recently, the World Bank in its latest...

The rate of pipeline vandalism in the country increased by 233 per cent in January this year compared to December 2016, the Nigerian National Petroleum Corporation has said. In its latest financial and operations report for January 2017, the national oil firm stated that pipeline...

The Federal Government has issued a new set of directives in its bid to accelerate the implementation of the Buhari administration’s new vision for the development of the Niger Delta. Vice President Yemi Osinbajo, SAN, issued the directives at a recent meeting of the inter-ministerial...

OPEC oil output in December fell from a record high ahead of a deal to cut production, a Reuters survey has found . The survey published said the output cut was assisted by attacks on Nigeria’s oil industry and top exporter Saudi Arabia trimming exports. The...