Business

FG mulls rapid industrialization, supports SON, others

The Ministry of Industry, Trade and Investment has expressed commitment towards providing necessary support to the Standards Organisation of Nigeria, SON, and other agencies under its supervision to achieve rapid industrialization and accelerated growth of the nation's economy.

Permanent Se [...]

Mon, 23 March 2020


FG mulls rapid industrialization, supports SON, others

The Ministry of Industry, Trade and Investment has expressed commitment towards providing necessary support to the Standards Organisation of Nigeria, SON, and other agencies under its supervision to achieve rapid industrialization and accelerated growth of the nation's economy.

Permanent Se [...]

Mon, 23 March 2020


Siemens restates commitment to local content

As equipment manufacturer, Siemens Nigeria, kicks off its pilot phase of training for select Nigerian graduates on engineering and field service operations, the company has restated its commitment to promote Nigeria’s local content.

Head, Human Resources, Siemens Nigeria, Ayobami Abunsang [...]

Mon, 23 March 2020


NNPC tasks experts on solutions to oil problems

Experts in the oil and gas sector have been challenged to come up with solutions to tackle the challenges bedeviling the industry.

Group Managing Director of NNPC, Mallam Mele Kyari, gave the charge while playing host to the Executive members of the Society of Petroleum Engineers, SPE, Nigerian [...]

Mon, 23 March 2020


Oil prices dip 17 years lower, sell at $24pb

The ravaging COVID-19 pandemic has continued to take a direct hit at the global oil market as prices further plunged to 17-year low, last week, ebbing at $24.88 per barrel.

A free fall in demand during the week witnessed Brent crude declining by 13 per cent, the lowest since 2003, making oil ch [...]

Mon, 23 March 2020


SON partners NERC on local content, export

The Standards Organisation of Nigeria, SON, is combining efforts with the Nigerian Electricity Regulatory Commission, NERC, to promote local content on the production of electrical materials and exportation of certified made in Nigeria products.

Both agencies rekindled the partnership during a [...]

Mon, 23 March 2020


NEPZA’s partnership with World Bank, IFC to attract FDI

The Nigeria Export Processing Zones Authority, NEPZA, says its partnership with the World Bank and the International Financial Co-operation, IFC, on infrastructural development of Free Trade Zones and staff capacity building will attract more Foreign Direct Investment to the Nigerian economy.

N [...]

Sat, 14 March 2020


WIEN pledges support to close Nigeria’s energy gaps

A non-political group, Women in Energy Network, WIEN, has pledged to support the Nigerian National Petroleum Corporation, NNPC, in its quest towards meeting the country's energy needs.

WIEN National President, Mrs. Funmi Ogbe, who stated this during a visit to the Corporation headquarters i [...]

Sat, 14 March 2020


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