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The Australian National University’s Chinese Investment in Australia Database (CHIIA) recorded just over $780m (A$1bn ; £550m) in investment.
With a population of over 40 million people, the South West Gross Domestic Product (GDP) is estimated to be worth over $80 billion.
An oil and gas E&P company with a focus on Nigeria and West Africa, Lekoil, yesterday maintained that a letter written by Optimum Petroleum Development Company, operator of the Oil Prospecting Licence (OPL) 310, proposing to terminate the Cost and Revenue Sharing Agreement (CRSA) executed for the facility, remains invalid.
The President of the African Development Bank Group, Dr Akinwumi Adesina, has lamented that the Nigerian system is not federalism but “fatherism”.
Developers of the Eko Atlantic City Project have described the need to tackle housing deficit in Nigeria by bridging the Gap with infrastructure project to address the complexity of housing deficit problems adding that this would Reflate on the economy and lead the gateway for emerging markets.
Nigerian Communications Commission (NCC) says it has allocated a total of 382.94 million telephone numbers, to all telecommunications services providers since the inception of digital mobile services in the country in 2001.
The latest in a series of mystery monoliths to capture the imagination of science-fiction fans around the world met a fiery end in the Democratic Republic of Congo on Wednesday when it was torched at a roundabout in the capital.
A roundabout in Democratic Republic of Congo’s capital Kinshasa has become the latest site occupied by a mystery monolith after similar objects in the United States and elsewhere caught the fancy of science-fiction fans.
In what lawyers said was a “watershed moment” for the accountability of multinational companies, today the court overturned a decision by the court of appeal, and ruled that the cases against Shell could proceed.
The UK Supreme Court on Friday allowed a group of 42 500 Nigerian farmers and fishermen to sue Royal Dutch Shell (RDS) in English courts after years of oil spills in the Niger Delta contaminated land and groundwater.
The Nigerian National Petroleum Corporation, NNPC, has declared a trading surplus of N13.43billion for November 2020, 54 per cent more than the N8.71billion recorded in October 2020.
Official: Belgian investors express interest in Nigeria’s maritime transport policy as an investment vehicle
Executive officers of the Port of Antwerp International have expressed interest in Nigeria’s new National Maritime Transport Policy, under development, for possible windows of investment opportunity for Belgian entities.
The House of Representatives has stated its resolve to investigate alleged financial mismanagement in the Nigerian National Petroleum Corporation (NNPC) and 17 other subsidiary agencies.
The Nigerian National Petroleum Corporation (NNPC) has reported that it sold N2.015 trillion worth of petrol from November 2019 to November, 2020.
The Nigerian National Petroleum Corporation (NNPC) has announced a trading surplus of N13.43billion for the month of November 2020 up by 54% when compared to the N8.71billion surplus recorded in October 2020.
Maj.-Gen. Faruk Yahaya, Commander, Operation Lafiya Dole, has urged troops fighting against insurgency to show gallantry and discipline in the discharge of their duty.
American Airlines says about 13,000 employees are at risk of furlough when a United States aid package for airline workers expires on April 1, blaming slow vaccine rollouts and new international travel restrictions for dampening demand.
In a victory for environmentalists, a Dutch appeals court on Friday said that the Nigerian subsidiary of Royal Dutch Shell was responsible for multiple oil pipeline leaks in the Niger Delta and ordered it to pay unspecified damages to farmers.
A Dutch appeal court in The Hague has ruled that the Nigerian branch of Shell has to pay compensation to some Nigerian farmers who have been litigating against the company for 13 years.
The Nigerian National Petroleum Corporation (NNPC) Thursday disclosed that it generated N1.95 trillion from the sales of petroleum products in 12 months, from October 2019 to October 2020.
The task force said the Ministry of Aviation and its relevant agencies have been mandated to take the necessary reciprocal measures as may be permissible under the laws and other international obligations expected to be discharged against Emirates airlines operating from the UAE and other airlines from The Netherlands.
Manchester United boss Ole Gunnar Solskjaer is refusing to dream of a late title push, believing Manchester City are “too far ahead” despite yesterday’s superb derby win.
Nigerian Institute of Building (NIOB), Pharmaceutical Society of Nigeria (PSN) as well as 28 other bodies under the umbrella of the Association of Professional Bodies of Nigeria (APBN) have called for more patronage of indigenous professionals.
The African Development Bank (AfDB) has approved two grants worth $1.3 million for research aimed at increasing women’s access to a range of digital financial services on the continent.
Liverpool manager Jurgen Klopp hopes a change of competition will give his side a break from their wretched Premier League form that has put their chances of a top-four finish in jeopardy.
“When we were about to be released, some of them came and starting pointing at us and said, ‘we love some of you and we want to marry you if you would accept our proposal. You shouldn’t be wasting your time schooling’,” she said.
Pep Guardiola is wary of Manchester United’s impressive away record as they will be hoping to maintain it when they visit the Etihad to face his City side in Sunday’s derby.
Governor Okezie Ikpeazu of Abia State has assured the residents of Aba that three major roads in the city, Port Harcourt Road, Ngwa Road, Ohanku Road as well as Ndiegoro, will soon wear a new look as his administration is committed to the total rebuilding of infrastructure in the town.
Those confirmed were - Maj.-Gen. Lucky Irabor, Chief of Defence Staff, Maj-Gen. Ibrahim Attahiru, Chief of Army Staff, Rear Admiral Awwal Gambo, Chief of Naval Staff and AVM Isiaka Amao, Chief of Air Staff.
The National Primary Health Care Development Agency (NPHCDA) on Wednesday dispelled fears that people might not want to be vaccinated against COVID-19, noting that up to 2.3m Nigerians have indicated interest in taking the jabs.