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Italy ready to invest in Nigeria’s agric sector

Mr Alessandro Gerbino, Trade Commissioner, Italian Trade Agency (ITA), said the Italian government was ready to invest in Nigeria’s agricultural sector.

Julius Berger, MTN, Dangote, others make Nigeria’s top 100 companies

Julius Berger Nigeria Plc has been ranked in the upper Top 100 Nigerian companies in terms of assets, revenue and profits in fiscal year 2018.
The Minister of State for Petroleum Resources, Chief Timipre Sylva, has insisted that there is no plan to divest the Federal Government’s stakes in joint venture oil assets.

Oil minister reiterates federal government’s commitment to completion of Waltersmith modular refinery

The Minister of State for Petroleum Resources, Chief Timipre Sylva, said the federal government would continue to support effort to ensure the take off of Waltersmith modular refinery by May 2020.
Vice President Yemi Osinbajo, SAN, has called for a concerted action by countries around the world is crucial towards tackling terrorism in the Sahel region, as well as the challenges posed by Boko Haram and ISWAP in Africa. 4

VP Osinbajo urges Egypt to join Nigeria against Boko Haram — in pictures

Vice President Yemi Osinbajo, SAN, has called for a concerted action by countries around the world is crucial towards tackling terrorism in the Sahel region, as well as the challenges posed by Boko Haram and ISWAP in Africa.

NIPC tracks $9.29 billion investment in three months

The Nigerian Investment Promotion Commission on Friday said it recorded a total investment commitment of $9.29bn in the third quarter of this year.
President Muhammadu Buhari and his South African counterpart, Cyril Ramaphosa, have agreed to set up a committee to address the issue compensation to victims of xenophobic attacks in South Africa, it was learnt on Thursday. 3

President Buhari advises Nigerians to do businesses that South Africans will accept

President Muhammadu Buhari has advised Nigerians living in South Africa not to operate small businesses if the indigenes will not accept them.
ladol free trade zone

Is LADOL truly a Nigerian company?

Even with the signing of the Nigerian Oil and Industry Content Development (NOGICD) Act of 2010, many Nigerian investors still exploit the old loopholes in the system to take advantage of this law.

Expatriates in oil, gas sector reduced by 80 percent – NCDMB chief

The Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Mr Simbi Wabote, says that the number of expatriates working in the Nigerian oil and gas sector has been reduced by 80 per cent.

NIMC reassures on a unified database

The National Identity Management Commission (NIMC), says it is committed to creating, managing, operating and maintaining a secured National Identity database by issuing National Identification Number (NIN) to all Nigerians and legal residents.
Terence McCulley

US agency commends Nigeria’s economic policies

The United States Nigeria Council (USNC) has expressed satisfaction that the positive economic developments taking place in Nigeria would encourage investors.

NNPC invites tenders from prospective traders of crude, importers of petroleum products

The Nigerian National Petroleum Corporation (NNPC) has invited tenders from prospective traders in Nigeria’s crude and importers of petroleum products under its 2019-2020 fuel supply programme. An invitation to tender published on the corporation’s website...

Federal government, NLNG to sign $1 billion Nigerian content deal on Train 7

Hope has rekindled for the actualisation of the Train 7 of the Nigerian LNG Limited as the federal government and the shareholders of the gas-processing and liquefaction company will today in Abuja, sign the Nigerian Content Plan (NCP) worth $1 billion for the project, which has been on the drawing board for 12 years.

Federal government to support expansion of 60 indigenous energy firms

The federal government has expressed its preparedness to support 100 indigenous oil and gas companies operating in Nigeria to overcome their existing market challenges and grow to become big energy conglomerates.

NAOC: Poor financing hindering Nigerian firms in oil industry

The Nigerian Agip Oil Company (NAOC) Joint Venture, comprising Agip, the Nigerian National Petroleum Corporation (NNPC) and Oando, on Friday identified lack of funding as a major impediment to Nigerian companies operating in the oil and gas industry.
Ebuka Ugochukwu

NACC partners firm to attract US investors in power, non-oil sectors

The Nigerian-American Chamber of Commerce (NACC) said on Friday that it was collaborating with a firm, `FootPrint to Africa` to boost investments in agriculture, power and the mining sectors.

Rivers overtakes Lagos as top investment destination

The investment profile report by the Nigeria Investment Promotion Commission (NIPC) shows that Rivers state received the largest investment in the first half of 2018.
Olukayode Pitan

Federal government secures $500 million EXIM Bank loan for modular refineries

The Federal Government has secured a $500 million loan facility from the Export Import Bank of China (CEXIM), through the Bank of Industry (BoI), to establish modular refineries and implement the Flare Gas Recovery Programme.
The Nigerian National Petroleum Corporation (NNPC) says it is considering powering all its retail outlets with electricity from solar energy as it planned to venture into solar power generation.

Maikanti Baru: NNPC retail outlets to be powered by solar

The Nigerian National Petroleum Corporation (NNPC) says it is considering powering all its retail outlets with electricity from solar energy as it planned to venture into solar power generation.

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Governor Babagana Zulum on Friday struck a deal with 30 Saudi-based clerics to endlessly pray for the return of peace in the state.

Borno governor visits Kala-Balge, shares N100 millions to 10,000 households

Borno State governor, Professor Babagana Umara Zulum, spent the most part of yesterday in Rann, headquarters of Kala-Balge, Local Government Area, remotely located around a boarder between Nigeria, Cameroon linking to Chadian territory.

Edwin Clark cautions President Buhari over appointment of Justice Bulkachuwa’s successor

Ijaw National leader, Chief Edwin Clark, has urged President Muhammadu Buhari to correct some of his lapses through appointment of successor of the outgoing President of Court of Appeal.
Director of Information, National Assembly Abuja, Rawlings Agada, has said the sum of N37 billion, approved for the renovation of the National assembly complex may not be enough for the work.

Coalition tasks National Assembly on transparent electoral system

A social group, Coalition 2020, has called on the National Assembly to work further on the Electoral Act with a view to ensuring reliable and transparent elections in the country.
Gov. Godwin Obaseki of Edo says his administration is doing a lot from its end to tackle illegal migration to Europe but needs more support from partners.

Governor Obaseki: How we’re winning fight against human trafficking

The Edo State Governor, Mr Godwin Obaseki, has said his administration is making steady progress in the against human trafficking through sustained awareness creation and robust partnership with key stakeholders.
ENUGU — GOVERNOR Ifeanyi Ugwuanyi, last week, advanced the public utility sector with five made-in-Nigeria mini fire fighting trucks to enhance the services being rendered by the Fire Service in Enugu State.

Enugu boosts fire service with five Innoson fighter trucks

Governor Ifeanyi Ugwuanyi, last week, advanced the public utility sector with five made-in-Nigeria mini fire fighting trucks to enhance the services being rendered by the Fire Service in Enugu State.