Month

December 2017

42 Frms Bid for NNPC Technology Division’s Rehabilitation

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 bid opening in...
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SEC, Journalists Collaborate on Investor Education

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 Finance Correspondents Association...
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DSO: Nigeria to Gain N900bn, Says NBC DG

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 broadcasting industry...
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Afreximbank, ICD Signs $100m Agreement for SMEs

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 corporation plan to...
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NAF to Acquire $593m US Aircraft February

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 Offer and Acceptance...
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FG Approves LPG Extraction Plant for Green Energy

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 License To...
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Nigeria to Partner FCWC Members on Fisheries, Aquaculture

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 and nutritional security...
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TCN Attains New National Peak of 5,223.3 MW

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, Public Affairs, Ndidi...
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