In a move to provide a new financing solution to the Nigerian oil and gas service sector, and accelerate local content growth, the Nigerian Content Development and Monitoring Board (NCDMB)…
Read More NCDMB, BOI inaugurate committee for $100m Nigerian content equity fund, to invest $5m in oil firmsCategory: Business
NNPC records N535 billion June profit
The Nigerian National Petroleum Company Limited (NNPC Ltd.) says it has recorded a N535 billion Profit After Tax (PAT) for the month of June, representing a 15.8 per cent increase…
Read More NNPC records N535 billion June profitFG rolls out plan to strengthen power supply
The Minister of Power, Joseph Tegbe, has unveiled a roadmap to reposition the electricity sector, with reforms aimed at improving power supply, accelerating infrastructure development, strengthening the national grid and…
Read More FG rolls out plan to strengthen power supplyBorrow cautiously, reforms should create jobs for Nigerians, Okonjo-Iweala tells Tinubu
The director-general of the World Trade Organisation, Ngozi Okonjo-Iweala, has urged the Tinubu led government to be careful about borrowing and managing the country’s debt, saying economic reforms must improve…
Read More Borrow cautiously, reforms should create jobs for Nigerians, Okonjo-Iweala tells TinubuDangote refinery critical to Nigerian’s $1 trillion economy vision, says FG
… Hails Refinery as Symbol of Nigeria’s Industrial Renaissance …Dangote Says Manufacturing Is the Fastest Route to Jobs and Prosperity The Federal Government has described the Dangote Petroleum Refinery and…
Read More Dangote refinery critical to Nigerian’s $1 trillion economy vision, says FG
