The World Bank is to provide some grants for federal government’s N140 billion solar home systems scheduled to take-off this week, THISDAY learnt at the weekend. The solar home systems, conceived to guarantee power supply for 25…
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The management of Ellah Lakes Plc said it has partnered with Ondo State Government to develop and manage 5000 hectares of land for the purpose of cultivating oil palm and cassava in Ondo State, Nigeria. The company…
Nigeria has brokered a deal with La Mancha Resources Inc., a Luxembourg-incorporated private gold developer and miner, to produce the metal on a commercial scale in Nigeria. The Nigerian government announced via a post on Saturday through…
President Muhammadu Buhari will on December 1 roll out the auto-gas scheme in Abuja as the Federal Government moves to create alternative fuel for automobiles and other prime movers in Nigeria. The News Agency of Nigeria (NAN)…
The China Civil Engineering Construction Corporation is currently engaging over 1,650 indigenous workers for the construction of roads, malls and other construction projects in Kaduna State. According to the Chinese construction giant, over 1,700 employees were working…
Mallam Mele Kyari, the Group Managing Director at the Nigerian National Petroleum Commission (NNPC) has disclosed that the second phase rehabilitation of the Port Harcourt refinery would commence in the first quarter of next year. Addressing media parley with…
Nigeria’s Infrastructure Credit Guarantee Company, InfraCredit, has revealed plans to raise funding through debt and equity capital to fund infrastructure projects in Nigeria in 2021. The company plans to increase its guarantee portfolio to N100 billion by…
*Targets 6 million subscribers in its first year of operation In its resolve to provide creative and market-driven financial services solutions to its customers, Nigeria’s first digital lifestyle bank, 9PSB, has berthed to deliver financial literacy and…
The National Insurance Commission on Friday disclosed that it had issued operational licences to seven new insurance companies. The commission said this was in line with the market conduct and business practice guidelines. FBS Reinsurance Limited got…
Seplat Petroleum Development Company has said it is expanding more gas wells at its Oben Gas Plant in Edo State towards providing more gas for electricity generation. The indigenous oil and gas firm, in a statement, said…
