The World Bank has indicated that it may cancel a significant loan of $1.5 billion if Nigeria fails to adhere to specific requirements outlined in the financing agreements. This is…
Read More Word Bank lists conditions that may warrant cancellation of $1.5 billion loan to Nigeria – Report
As Kyari lauds FG’s presidential executive order for fostering growth in Nigeria’s oil, gas sector In a major step towards boosting Nigeria’s oil and gas production, the NNPC-TotalEnergies JV has officially…
Read More NNPC Ltd, TotalEnergies JV announces US$550m FID on Ubeta field dev’t project
Nigeria National Petroleum Corporation (NNPC) Limited alongside French energy major, TotalEnergies, will invest a swooping sum of $550 million to develop gas facilities in oil-rich Rivers State. According to Reuters,…
Read More NNPC, TotalEnergies to invest $550 million in gas projects in Nigeria
By Olusegun S. Ayeoyenikan Nigeria cannot achieve real development without sustainable industrial growth and manufacturing capacity, which are essential for addressing poverty, unemployment, and insecurity. Establishing a robust industrial production…
Read More Like China & Japan: NASENI is pathway to Nigeria’s industrial economy
Our reporter/ First Bank of Nigeria Limited has confirmed the appointment of Olusegun Alebiosu as the substantive Managing Director (MD) and Chief Executive Officer (CEO) of the bank. Updating the…
Read More First Bank confirms Alebiosu as MD, Ebong as DMD