Kachikwu sees petrol price dip in six months
The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, has said a fall in the pump price of Premium Motor Spirit (PMS) in the next four to six months…
55 top managers redeployed in major shake-up at NNPC
The Nigerian National Petroleum Corporation, NNPC, on Tuesday reshuffled 55 management staff in a massive shakeup ordered by Group Managing Director, Dr. Maikanti Baru. NNPC said that the new appointments…
Kachikwu Swings Landmark Gas Sale Aggregation Agreement To Deliver 74MMscf of Gas To Greenville’s $500M Mini-LNG Facility
On Tuesday 29th August, 2017, the Ministry of Petroleum Resources under the leadership of Dr. Emmanuel Ibe Kachikwu recorded yet another milestone in the development of Nigeria’s gas market with…
Inflation drops to 16.05 Percent in July
The inflation report for July 2017 made available from the National Bureau of Statistics(NBS) reveals that headline inflation has again reduced to 16.05 percent (year-on-year) in July 2017, compared to…
Hurricane Harvey may push oil prices up
Hurricane Harvey may achieve in global crude oil markets in a few days what OPEC and its allies have struggled to achieve in months – a tightening of supplies and…
$200m Local content fund: Kachikwu advocates careful utilization
The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu has urged the Bank of Industry (BOI) to ensure that the 200 million dollar Nigeria content Intervention Fund (NCIF) was…
Knowledge Economy: Six Disruptive Influences of Artificial Intelligence
The world has gone digital. In fact, we are approaching the Fourth Industrial Revolution, also described as Industry 4.0: an age in which a range of new technologies is expectedly…
NCC, CAPDAN partner to grow Nigeria’s $32m ICT SME industry, vow to stamp out substandard products
With over 3,000 SME ICT entrepreneurs and contributing over $32m to the nation’s ICT and telecoms sector of the Nigerian economy, the Nigerian Communications Commission, NCC, has called for a…
WorldStageEconomicSummit2017: Experts recommend innovation, reformation for Economic Development
The President/CEO of Worldstage Group, Mr. Segun Adeleye, convener of the #Worldstageeconomicusummit2017 has charged all Nigerians and business owners within the country to imbibe innovation for economic development. According to…
Nigerian banks sack 8,663 employees in six months
The National Bureau of Statistics, NBS, has revealed how no fewer than 8,663 bank employees lost their jobs in the first half of 2017. Analysts say it is a reflection…