Nigerian Investment Promotion Commission, NIPC, says only US$5.06 billion of investment announcements were tracked for the first half of 2020, representing 67 per cent less than the US$15.15 billion recorded in the first half of 2019.
The Commission, in statement made available to [...]
Nigeria Investment Promotion Commission, NIPC, and its aggrieved staff union have reached an agreement to resolve the industrial impasse that crippled activities at the council headquarters in Abuja for an entire week.
NIPC management, in statement, said two agreements were signed [...]
Indigenous oil and gas service companies under Project 100 are currently contributing over N50 billion to Nigeria's Gross Domestic Product, GDP, and creating over 1,500 direct and 15,000 indirect job the nation’s unemployed.
The companies said they are determined to do their bit [...]
The Central Bank of Nigeria, CBN, says it has disbursed over N152.9 billion to the manufacturing sector to finance 61 manufacturing projects and another N93.6 billion to the healthcare sector to bolster the fight against Covid-19.
CBN said in a communiqué issued after its 2 [...]
The Federal Ministry of Health has called on farmers and Small and Medium Enterprises (SMEs) to tap into the business potentials that abound in the nation’s moringa products market.
The ministry said the moringa market has the capacity of generating about $6 billion for the country annual [...]
The newly-reconstituted Board of the Petroleum Products Marketing Company, PPMC, has been charged to ensure availability of products across the country at all seasons.
Group Managing Director of the Nigerian National Petroleum Corporation, NNPC, Mallam Mele Kyari, gave the charge on Thursday wh [...]
The Nigeria Investment Promotion Council, NIPC, has expressed great concern over the industrial action embarked upon by its Staff Union, over welfare matters.
The management of the council, in a statement, described the industrial action as unexpected in view of its commitment to staff welfare [...]
Seven fatalities have been reported by the Nigerian National Petroleum Corporation, NNPC, following an explosion which occurred at Gbetiokun, OML 40, operated by the Nigerian Petroleum Development Company, NPDC, on behalf of the NPDC/Elcrest Joint Venture.
The incident occurred on Tuesday durin [...]
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