Construction of 2,000 bpd Modular Refinery in Brass, Bayelsa underway – NCDMB
The Nigerian Content Development and Monitoring Board (NCDMB) on Wednesday said the construction of 2,000 barrels per day (bpd) modular refinery in Brass Bayelsa was underway. The modular refinery is…
Portfolio Investment Firms Petition Buhari, NASS: Cry out over threat to N1trn Investments, 500,000 jobs
Portfolio investment Managers in the nation’s economy have raised the alarm over alleged collusion between banks and security officials with the support of some officials of the Central Bank of…
Grab the latest Samsung smartphones, pay in six months at Tech Experience Centre
Global Original Equipment Manufacturer (OEM), Samsung has partnered with Africa’s foremost technology and lifestyle hub, Tech Experience Centre to offer Nigerians a six months’ interest-free payment option on its latest…
Afreximbank disburses $250m to Nigerian oil and gas company to acquire 45% stake in OML
Afreximbank has disbursed 250 million dollars as part of its support for Trans Niger Oil and Gas Ltd (TNOG) to acquire 45 per cent stake in Oil Mining Lease (OML)…
ABP: CBN has disbursed N554bn to over 2m farmers to boost food security since 2015 – Emefiele
The CBN says it has disbursed N554.61 billion to 2, 849,490 farmers to boost food security under its Anchor Borrowers Programme (ABP) beginning from 2015. In a communique issued in…
Improved crude oil prices, partial global economic recovery, others contribute to rise in Nigeria’s external reserves to $36.23bn
The CBN says Nigeria’s Foreign Exchange Reserves rose from 34.94billion dollars in November 2020 to 36.23billion dollars as at Jan 21, 2021. CBN Governor, Godwin Emefiele, said at the January…
Broadband: Nigeria’s Fibre Optic Transmission cables expanded from 47,000km to 54,725km in 5years – NCC
These were parts of industry growth data reeled out by the Executive Vice Chairman of NCC, Prof. Umar Danbatta at a briefing for the new Permanent Secretary of the Federal…
2021 economic outlook: Rewane projects gradual recovery in domestic economy, positive growth in Q3
Mr. Bismarck Rewane, Chief Executive Officer, Financial Derivatives Company Ltd, says there will be gradual recovery in domestic economy, likely increase in the Diaspora remittances and positive growth in Q3 of…
Nigeria’s 35% import duty for cars still highest within the region – Finance minister
Minister of Finance, Zainab Ahmed, has outlined some of the rationale behind the drafting of the Finance Bill 2020, especially the reason behind reducing tariffs for imported vehicles. According to…
Massive turnout as Konga Clearance Sale kicks off with huge discounts
Konga online portal and Experience stores are being besieged by shoppers in a frenzy of January shopping triggered by  Konga’s first major sales campaign for 2021 tagged January Clearance Sale….