NNPC Seals $875.75m Financing Deal With CPDC

NNPC Seals $875.75m Financing Deal With CPDC

The Nigerian National Petroleum Corporation (NNPC) has signed a 875.75 million dollar funding and technical services agreement and alternative financing deal for the Nigerian Petroleum Development Company(NPDC) operated Oil Mining Lease (OML) 65. The Corporation in a statement by its...
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More Farmers To Benefit From Anchor Borrowers Programme

More Farmers To Benefit From Anchor Borrowers Programme

Not less than 70, 000 farmers in Borno State are to benefit from the  Anchor Borrower Programme (ABP) of the Central Bank of Nigeria (CBN)  in  2019. Mr Mahmood Nyako, the Head of Finance Development Office (DFO) of the CBN...
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Photo News

Photo News

L-R, Head, Finance Department, Berger Paints Plc, Mr Shakiru Oyegbele, Managing Director Mr Anjan Sircar, Acting Executive Commissioner Operations, Securities and Exchange Commission Mr Isyaku Tilde, Deputy Director, Director Generals Office, SEC Mrs Frana Chu...
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DPR Seals 12 Filling Stations

DPR Seals 12 Filling Stations

The Department of Petroleum Resources (DPR) has sealed 12 filling stations in Sokoto and Kebbi states for under dispensing and operating without a valid licence. Muhammad Makera, the Zonal Operations Controller of DPR in charge of Sokoto and Kebbi states,...
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NNPC Begins Full Rehabilitation Of Refineries In 2020

NNPC Begins Full Rehabilitation Of Refineries In 2020

The Nigerian National Petroleum Corporation (NNPC) will begin full rehabilitation of the nation’s three refineris by January 2020. The nation’s refineries are located in Port Harcourt, Warri and Kaduna. The Group Managing director Malam Mele Kyari disclose...
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Senate May Review Security Architecture

Senate May Review Security Architecture

The Nigerian Senate might review the nation’s security architecture to address emerging security challenges across the country, the President of the Senate, Ahmad Lawan, has disclosed. According to Lawan, the proposed review would be carried out in collabora...
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Presco, Okomu, Others Get N30b To Boost Oil-Palm Production

Presco, Okomu, Others Get N30b To Boost Oil-Palm Production

The Central Bank of Nigeria (CBN) has committed about N30 billion to enhance Oil-palm production in the country. The CBN Governor, Mr Godwin Emefiele, disclosed this in a meeting with some state Governors in Abuja on Thursday. Emefiele explained that...
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NNPC Woos Investors For NLNG Train 7

NNPC Woos Investors For NLNG Train 7

The Nigerian National Petroleum Corporation (NNPC) has reiterated its commitment towards harnessing Nigeria’s abundant resources for the benefit of Nigerians. It’s Group Managing Director Malam Mele Kyari disclosed this while speaking at a Gas and Power Br...
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NEC To NNPC: Identify Markets For Stolen Products

NEC To NNPC: Identify Markets For Stolen Products

The National Economic Council(NEC) on Thursday urged the Nigerian National Petroleum Corporation(NNPC) to engage the National Intelligence Agency(NIA) to identify markets for stolen products across the continent. Governor Godwin Obaseki made this known while b...
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FG, States, Council Share N740.880b

FG, States, Council Share N740.880b

The Federal Account Allocation Committee (FAAC). today in Abuja at its meeting, shared to the Federal Government, States and Local Government Councils a sum total of N740.880 billion as federal allocation for the month of August 2019. From this amount,...
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New BMW X7 To Debut In Nigeria At Banana Island Festival

New BMW X7 To Debut In Nigeria At Banana Island Festival

Coscharis Motors Nigeria, the exclusive franchise owner of BMW in Nigeria is set to officially reveal the very first-ever BMW X7, the pinnacle of BMW’s X Sport Activity Vehicle line-up and a statement of the luxury class at this year’s...
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Buhari Extends Tenure Of Seven Permanent Secretaries, Removes Oyo-Ita

Buhari Extends Tenure Of Seven Permanent Secretaries, Removes Oyo-Ita

President Muhammadu Buhari has approved the appointment of Dr. Mrs. Folashade Yemi-Esan as the Acting Head of the Civil Service of the Federation with immediate effect. In a statement signed by Mr. Willie Bassey, Director Information, Office of the Secretary.....
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The Next Titan: Heritage Bank Sustains Support For Youth Entrepreneurship

The Next Titan: Heritage Bank Sustains Support For Youth Entrepreneurship

Heritage Bank Plc has again thrown its usual support behind the organizer of The Next Titan, so as to have a better and improved season six of the programme. This year’s edition of the reality TV show is again headlined...
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NSE Domestic Transactions Drops By 66.68% In 12 Years

NSE Domestic Transactions Drops By 66.68% In 12 Years

Domestic transactions in the Nigerian Stock Exchange (NSE) has declined by 66.68 per cent in 12 years, the News Agency of Nigeria (NAN) reports. The exchange said in its Domestic and Foreign Portfolio Investment (FPI) report released on Wednesday that...
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