Hopes for renewed oil investment which has been on the decline for some years may have been rekindled again with the Nigerian National Company ( NNPC) Limited and Chevron (‘’CNL’’) Joint Venture sealing a $1.4 billion deal…
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The Federal Ministry of Industry, Trade and Investment on Monday in Abuja inaugurated the Nigeria Trade Information Portal (NTIP). The launch was in fulfillment of the World Trade Organization (WTO) trade facilitation agreement. “It is with great…
To kick off their continent-wide promotional tour ahead of the African release of “Black Panther: Wakanda Forever,” director Ryan Coogler and stars Letitia Wright, Lupita Nyong’o, Danai Gurira, Tenoch Huerta and Winston Duke touched down in Lagos,…
The Director General of the ECN, Prof. Eli Jidere Bala, has said Nigeria, working with the International Renewable Energy Agency (IRENA) is set to launch the Renewable Energy Roadmap (REmap) to attract more investment for increased access…
The Nigeria National Petroleum Company Ltd and NIPCO Gas Limited have penned their signature on a gas infrastructure agreement with the Lekki Free Trade Zone Development Company. According to the companies, the agreement would strengthen gas supply…
President of the Dangote Group, Aliko Dangote yesterday announced that the Dangote Sugar Refinery (DSR) Plc is significantly scaling up its investment in the sugar sub-sector in line with the requirement of the Nigeria Sugar Master Plan…
Nigeria’s Bureau of Public Enterprises (BPE) has prequalified three firms each and issued them the request for proposal (RFP) for the concession of the Calabar and Kano free trade zones (FTZs). The three companies for the two…
President Muhammadu Buhari on Wednesday officially unveiled the newly redesigned naira denominations of ₦1000, ₦500 and ₦200 introduced by the Central Bank of Nigeria (CBN). The newly redesigned naira launch preceded the weekly Federal Executive Council (FEC)…
Nigeria has approved plans to build a $3bn hydropower scheme in the southeast state of Benue, the Reuters news agency reports. Government spokesperson Laolu Akande said yesterday that the National Council on Privatisation had approved the scheme,…
Purple Real Estate Income Plc has announced a N10 billion equity offer representing an initial public offer (IPO) of 2 billion ordinary shares at N5 per share. In a statement, the company said the offer which is…
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