Transactions on the Nigerian Stock Exchange (NSE) continued on an upward trajectory yesterday as market indices recorded a growth of 0.69 percent. The All-Share Index increased by 193.13 points or 0.69 percent to close at 28,286.43 compared…
The Nigerian National Petroleum Corporation (NNPC) said it will build 500million standard cubic feet of gas per day metering plant to serve the planned capacity expansion of Egbin Power Plant from its installed capacity of 1,320 Megawatts…
Click here to download or view the Nigerian Petroleum Industry Governance Bill. The Nigerian Senate has passed the Petroleum Industry Governance Bill, the long-awaited legislation that promises broad reforms to the nation’s oil and gas industry. The…
Multinational home care product maker, Hayat Kimya Group, has opened a $100m diaper and tissue paper factory in Agbara, Ogun State expected to create 30,000 jobs. The Governor of Ogun State, Mr. Ibikunle Amosu, who inaugurated the…
Acting President Yemi Osinbajo on Wednesday called on civil and public servants to show commitment in the implementation of the new Executive Order for ease of doing business in Nigeria. Osinbajo gave the charge during an interaction…
The Federal Government on Wednesday announced that General Electric, a global conglomerate, had emerged the preferred bidder for the narrow gauge railway concession in Nigeria. It handed over the letter of award to GE at the headquarters…
The Kano State government yesterday signed a Memorandum of Understanding (MoU) with 10 reputable local and foreign companies for various contracts valued at over $3.98 billion as part of the state government’s investment drive. The companies include…
The board of United Bank of Africa Plc, on Tuesday, announced to the Nigerian Stock Exchange (NSE), plans to issue up to $500m Eurobond, whose net proceeds would be used its “general banking purposes.” “UBA will pay…
Leventis Motors, a division of A.G Leventis (Nigeria) Plc, has sealed a deal with Lovol Heavy Industries Company Limited of China for the distribution of the Lovol brand in Nigeria. The auto firm also announced that it…
The federal government and a group of undisclosed private firms are shortly expected to sign a Memorandum of Understanding (MoU) which would enable them to invest over N100 billion in the reconstruction of the decrepit Wharf Road…
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