Flour Mills Nigeria is to invest over $300m in the establishment of a sugar manufacturing company in Nasarawa state to stimulate economic activities in the state and provide employment opportunities to the people of the state. Speaking…
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The Nigerian Content Development and Monitoring Board (NCDMB) has committed $332 million under its commercial ventures partnership programme to attract project developments worth $3.7 billion. Its Executive Secretary, Simbi Wabote, made this known at the virtual bi-yearly…
The OML license for the block partners Shell, Total, Exxon Mobil and Eni were renewed for another 20 years. The Nigerian National Petroleum Corporation (NNPC) has signed a contract with its partners on oil mining lease OML…
The Lagos State Government has signed a memorandum of understanding with Ogun State Government for the establishment of Lagos-Ogun Joint Development Commission to accelerate physical and socio-economic development in both states. This new alliance was sealed on…
The Oyo State Governor, Seyi Makinde, disclosed that the state has plans to invest for 15% equity in the proposed dry port. He also disclosed that the Lagos-Ibadan rail corridor would have a business district created around…
The Lagos State Government has signed a memorandum of understanding with Ogun State Government for the establishment of Lagos-Ogun Joint Development Commission to accelerate physical and socio-economic development in both states. This new alliance was sealed on…
Unicane Industries Limited has announced the completion of the second phase of its plant extension, making it the largest ethanol producer on the continent. Unicane, a manufacturer of ethanol in Lokoja, Kogi State, made the announcement in…
Working in partnership with the Nigerian Communications Commission (NCC), Viasat Inc. (NASDAQ: VSAT), a global communications company, proudly announced that it was granted a full suite of operating licenses—Internet Service Provider (ISP) license, VSAT license and three Earth Stations…
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The Nigerian National Petroleum Corporation (NNPC) yesterday commenced a bidding process for the provision of operations and maintenance services at the country’s three petroleum refineries. The facilities include the Port Harcourt Refining Company (PHRC), Warri Refining and…
