The Managing Director of Nigeria Export Processing Zones Authority, NEPZA, Emmanuel Jime, says the authority has licensed three new Free Trade Zones, FTZs. Mr. Jime announced this in a statement signed by the Head, Corporate Communications of…
The Nigerian National Petroleum Corporation on Thursday announced that 42 firms submitted bids for the rehabilitation of its Information Technology Division centres The Group General Manager, Information Technology Division, NNPC, Mr. Danladi Inuwa, disclosed this during the…
Securities and Exchange Commission (SEC) has pledged to work with Finance Correspondents to ensure proper reporting of the capital market in order to enlighten and educate the investing public. Dr. Abdul Zubair stated this when Executive of…
The Director-General, National Broadcasting Corporation, Mr. Kawu Modibbo, on Wednesday said no fewer than $2bn or N900bn would be injected into the Nigerian economy as one of the benefits of the Digital Switch Over. He explained that…
The African Export-Import Bank ( Afreximbank ) has signed a $100 million financing agreement with the Islamic Corporation for the Development of the Private sector ( ICD )in Shariah compliant countries. This is in line with the…
The Nigerian Air Force has said “necessary payments” will be made to take delivery of the United States’ A-29 Super Tucano Aircraft by February 2018. NAF, which disclosed this on Wednesday, said it had received Letters of…
The Nigerian All-Share index is still miles below record highs set in early 2008, but a 43% rally in 2017 has helped to close the gap. The index suffered mightily in 2015 and 2016 as low oil…
Green Energy International Limited, the operator of the Otakikpo marginal field in OML 11, has secured the Federal Government’s nod for the establishment of a Liquefied Petroleum Gas (LPG ) extraction plant at Ikuru Town, Rivers State….
The Permanent Secretary, Federal Ministry of Agriculture and Rural Development, Dr. Bukar Hassan, said harnessing the huge potential in fisheries and aquaculture will give an added impetus to the realisation of Nigeria’s objectives of wealth creation, food…
The Transmission Company of Nigeria (TCN), has said that the Nigerian Power industry has achieved yet another national peak of 5,222.3 mega watts of electricity effectively transmitted in the national grid. A statement by its General Manager,…