Damaged Crude Trunk line: We’re fixing it, says NNPC GMD
Malam Mele Kyari, the Group Managing Director (GMD), Nigerian National Petroleum Corporation (NNPC) says the corporation has begun repair of its damaged Abura Crude Trunk line. The Abura Crude Trunk…
NNPC needs you to succeed: Kyari tells PENGASSAN, NUPEND
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Malam Mele Kyari, has called on the oil and gas industry unions to support his management’s vision to reposition…
NSE: Market capitalisation jumps by N49bn; Stanbic IBTC, MTN lead gainers
The market capitalisation of the Nigerian Stock Exchange (NSE) rebounded on Friday with a gain of N49 billion in the last trading day of August. The market capitalisation which opened…
Chinese company to establish fibre cement board manufacturing factory in Abuja
A Chinese building materials company has announced plans to establish a fibre cement board manufacturing factory in Abuja. The Deputy General Manager of Sinoria FABCOM, Mr Jackie Dai-Hui, made this…
Africa is not in a debt crisis, I don’t think there’s a deliberate plan by China to indebt any country – Adesina
China is not trying to lead African countries into a debt trap and provides critical investment along with other countries to close a funding gap for crucial infrastructure projects on…
Using counterfeit handsets will ruin your health, NCC warns telecom consumers
The Nigerian Communications Commission (NCC) has warned Nigerians that using sub-standard telecom devices could adversely affect their health. Prof. Umar Danbatta, NCC’s Executive Vice Chairman, said at a sensitisation workshop…
$9.6bn Judgment Debt: FG denies alleged non-diligent defence of case
The Federal Government on Thursday denied the allegation that it did not diligently defend the case leading to the award of $9.6 billion judgment debt against it over a botched…
TICAD: PM Abe says Japan will drive Africa investment with enhanced trade insurance
Japan will offer enhanced trade insurance to boost private sector investment in Africa, Prime Minister Shinzo Abe said on Wednesday as his country competes with rival China for influence in…
Ekeh, Zinox boss, fights poverty in Imo State with N1.5bn Fund
Chairman, Zinox Group, Leo Stan Ekeh has declared a three-year interest free loan of N1b to petty traders and small and medium businesses in Imo State. Ekeh, a native of…
CBN adds milk to FX restriction list, stops credit payments for milk imports
The Central Bank of Nigeria has told lenders to stop processing milk imports on a credit basis, bankers said on Tuesday, after the bank last month said it would ban…