FG To Apply For $11bn Loan To Construct Lagos-Calabar Rail Line — Amaechi         Minister of Transportation, Chibuike Amaechi, said, yesterday, that the Federal Government was set to apply for a $11billion loan to construct Lagos to Calabar rail. Amaechi made the disclosur y during an interactive...

FEC Okays $3.02bn For PH-Maiduguri Rail Line       The Federal Executive Council (FEC) on Wednesday approved the reconstruction and rehabilitation of the Port Harcourt-Maiduguri Eastern Narrow Gauge. The cost of the project was put at $3.02bn. The decision was taken at the weekly meeting of the council presided...

Downstream Sector Deregulation Will Boost Investments – NNPC       The deregulation of the downstream sector of the oil and gas industry in Nigeria will increase investment in the refining business and facilitate exponential growth in the nation’s refining capacity. Group Managing Director of the Nigerian National Petroleum...

Despite Abundant Gas, Nigeria Imports 71% Of LPG Consumed In One Month – PPPRA       Despite abundance of gas in Nigeria, 71.35 per cent of the Liquefied Petroleum Gas, LPG, also known as cooking gas, consumed in the country in the month of August 2020 were...

Tech Hubs As Catalysts For Creativity and Innovation In Nigeria By Inyene Ibanga         Information Technology (IT) hubs, simply called tech hubs, have continued to gain recognition in many countries across the globe as the most potent catalysts for the promotion of economic growth across all sectors....

Export Of Agro-allied Produce From Port-Harcourt Hits N28.421bn   The Nigeria Customs Service (NCS), Area II Command, says export of agro-allied produce from Onne, Rivers State has risen to N28.421 billion in 2019. It says the Command was able to process 255,407 metric tonnes of agro-allied goods...