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The Nigerian National Petroleum Corporation (NNPC) yesterday said the average national daily gas supply to the nation’s power plants has risen by 64 per cent.
The rise in gas to power was contained in the Corporation’s Financial and Operations Report for May this year, according to a... More...
Nigeria’s refineries – the Port Harcourt Refining Company Limited Port Harcourt Refineries Corporation (PHRC); Kaduna Refining and Petrochemicals Company Ltd. (KRPC); and Warri Refining and Petrochemicals Company Ltd. (WRPC) realised N62 billion from refined products in May 2017.
The... More...
The Managing Director of Bank of Agriculture, Alhaji Adamu Kabir Mohammed has initiated plans to partner the Canadian government on a multi-million dollars ultra- modern Agricultural projects in three states -Kano, Benue and Abia.
The projects will focus mainly on the design and... More...
The Federal Government has announced its readiness to create additional Leather Research and Development Centres in other geo-political zones of Nigeria so as to complement the existing ones.
Minister of Science and Technology, Dr Ogbonnaya Onu, announced this in Abuja during the... More...
Jul 01, 2017: Istanbul- based Turkish Cargo has introduced a new route by launching freighter between Istanbul and Kano. The new Cargo flights, to be operated to Kano by Turkish Cargo, will be launched on July 4, 2017.
Turkish Cargo currently operates services to 120 countries.
The... More...
HERITAGE Bank Plc has signed N232million Pilot phase of Out-growers agreement with Biase Plantations Limited (BPL) and its joint venture partner, PZ Wilmar Limited. The pact was concluded at the bank’s headquarterS, weekend, with the Managing Director/Chief Executive of Heritage Bank, Mr.Ifie... More...
Gombe — The Central Bank of Nigeria (CBN) yesterday (13.07.2017) said it will disburse the sum of N660 million to farmers in Gomne state, under the Federal Government's Anchor Borrower scheme.
The Head of Development Finance Department of CBN, Gombe branch, Sani Muhammad Chobe, stated... More...
The African Development Bank (AfDB) and the Islamic Development Bank (IsDB) have signed a landmark agreement to strengthen partnership at country level.
Both parties have agreed to jointly pull together the sum of US $2 billion over the next three years to finance projects in agriculture... More...
The Fedral Government recently announced its intention to seek fresh loans amounting to $774 million from China, the rising economic power horse that is fast becoming Nigeria’s “ATM machine”. Apart from the wisdom involved in raising our debt ceiling by almost another billion dollars, there are... More...
NIGERIAN Stock Exchange rebounded last week after previous week’s reversal of the four-week stretch bull-run, validating some analysts’ position that last week’s loss was nothing more than a dead cat bounce.
The All Share Index reached a 10-month high, adding 3.38% week-on-week to close... More...