Business

FMPR, DPR launch gas network code at NIPS 2020

As the 3rd edition of the Nigeria International Petroleum Summit, NIPS, begins in Abuja on Monday, February 10, the Federal Ministry of Petroleum Resources, FMPR, in conjunction with the Department of Petroleum Resources, DPR, are set to formally launch the National Gas Transportation Network Code.

Sun, 09 February 2020


Study estimates spread of coronavirus

New modelling research, published in The Lancet, estimates that up to 75,800 individuals in the Chinese city of Wuhan may have been infected with 2019 novel coronavirus (2019-nCoV) as of January 25, 2020.

Senior author Professor Gabriel Leung from the University of Hong Kong highlights: "N [...]

Sat, 01 February 2020


Kyari says NNPC is inclusive public institution

The Group Managing Director of the Nigerian National Petroleum Corporation, NNPC, Malam Mele Kyari, says the corporation complies with federal laws on the inclusion of all segments of the Nigerian society in its recruitment policy.

Kyari, who stated this in Abuja during the visit of the Acting [...]

Sat, 01 February 2020


CBN predicts 2.35% economic growth in 2020

The Central Bank of Nigeria, CBN, says available data on key macroeconomic indicators show prospects of improved output growth for the economy in 2020, saying that Nigeria’s economy will grow at 2.35 per cent in 2020.

CBN Governor, Godwin Emefiele, said revised projections for 2020, show [...]

Sat, 01 February 2020


States IGR hit N986.29bn in 9 months- NBS

The National Bureau of Statistics, NBS, says the internally generated revenue, IGR, of the 36 states and Federal Capital Territory, FCT, rose to N986.29 billion from January to September 2019, compared to N692.49 billion recorded earlier.

NBS disclosed this in its Q3 2019 publication of interna [...]

Sat, 01 February 2020


FG to support indigenous companies on job creation

The Minister of Industry, Trade and Investment, Mr.  Adeniyi Adebayo, has expressed Federal Government’s commitment to support indigenous companies who are willing to provide employment opportunities for unemployed youth in the country.

Adebayo disclosed this when he hosted a de [...]

Sat, 01 February 2020


More African entrepreneurs to benefit from TEF

As the Tony Elumelu Foundation celebrates its ten years of impact, the philanthropic organization says it has enhanced its flagship entrepreneurship programme to benefit more entrepreneurs across Africa.

TEF, in statement, noted that there were currently 9,631 beneficiaries of its entrepreneurs [...]

Sat, 01 February 2020


Food, agriculture in Africa rises to $1trillion by 2030

President of the African Development Bank, AfDB, Dr. Akinwumi Adesina, has projected the rise of the size of food and agriculture in Africa to $1 trillion by 2030.

Adesina spoke in Abeokuta, Ogun state, where he was awarded a Doctorate of Science degree by the Federal University of Agriculture, [...]

Sat, 01 February 2020


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PhotoBREAKING: New Facts Emerge On How Recovered Funds Were Re-Looted In EFCC, Presidential Committee Indicts Magu

 The suspended acting Chairman of the Economic and Financial Crimes Commission (EFCC), Mr Ibrahim Magu, may be facing fresh cases of alleged r [...]

11 July 2020