The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) at the weekend inaugurated a 12-member Flare Gas Commercialisation Programme Team with responsibility to drive the process and coordinate the Flare Gas Commercialisation Programme …
Nigeria
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AfricaAFRICA NEWSBusinessEconomyNewsNigeriaOil & GasWestern Africa
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AfricaAFRICA NEWSBusinessNewsNigeriaOil & GasWestern Africa
NNPC, contractors renew production sharing agreements
The Nigerian National Petroleum Company Limited (NNPC LTD) and its partners in Oil Mining Leases on Friday signed renewed Production Sharing Contracts agreements to produce 10 billion barrels of oil …
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The Debt Management Office (DMO) has announced the listing of three Federal Government of Nigeria bonds valued at N225 billion for a subscription via auction at N1,000 per unit. This …
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SFS Capital launches Fund Mobile App
SFS Capital, a leading investment management in Nigeria has launched the SFS Fund Mobile App to enable individuals start their Mutual Fund investment journey with ease. The SFS Fund Mobile …
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AfricaAFRICA NEWSAgricultureBusinessEconomyFood ProductionNewsNigeriaWestern Africa
Nigeria incurs N3.5tn post-harvest loses annually, says Minister
The Federal Government of Nigeria on Thursday put the economic cost of post-harvest losses at N3.5 trillion annually in the Agricultural sector. The Minister of State for Agriculture and Rural …
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AfricaAFRICA NEWSBusinessHospitality, Travel & TourismINVESTMENTNewsNigeriaWestern Africa
FGN seeks $400m private investment to complete millennium tower
The Federal Government of Nigeria has called on private investors particularly art lovers to join hands on the completion of the Millennium Tower and Cultural Centre (MTCC). The call was …
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ASUU: Umahi affirms it is impossible to borrow N1.1tn to meet Union’s demand
Governor Dave Umahi of Ebonyi State says the Nigerian government cannot borrow N1.1 trillion to meet the demands of ASUU. The Academic Staff Union of Universities (ASUU) has been on …
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AfricaAFRICA NEWSBusinessBusiness and EconomyNewsNigeriaTechnologyWestern Africa
Nigeria spends $2.35bn on phone importation
Nigeria spent $2.35bn on telephone importation in three years, according to data from the International Trade Centre. The nation spent $807.95m on importation of phone sets in 2019, $765.57m in …
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NigeriaSpotlightWestern Africa
Penpe Records unveils its new signee Lyonsus with hit single “Make Up”
Penpe Records, a subsidiary of a Nigeria-U.S. International firm Penpe Inc with extensive investment in the import and export market, financial tech, prints, agriculture, and entertainment has unveiled its new …
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AfricaBusinessEnergyNewsNigeriaOil & GasWestern Africa
Buhari approves Seplat Energy acquisition of $ 1.283bn Mobil assets
The Federal Government of Nigeria has presented a letter of consent to Seplat Energy Offshore Limited, a subsidiary of Seplat Energy, for the cash acquisition of the entire share capital of Mobil …