Category: Business
NNPC to acquire 20% in Dangote’s $15bn refinery
…Ready to stake $3bn for equity buy over …..Real reasons NNPC, which, few days ago, awarded $1.5 billion rehabilitation contract for Port Harcourt refinery,...
DPR projects N900b inflow
Nigeria’s Department of Petroleum Resources (DPR) has projected to generate N900 billion for the Federal Government for the months of April to June 2021, up from about...
TBS concessioning:Setting the records straight
By Kunle Odufuwa The Federal Government has finally taken the first step towards concessioning the Tafawa Balewa Square in Lagos by placing an advert (see under) to that...
SEC sets aside June 30 for crowdfunding platforms registration
The Securities and Exchange Commission has directed all existing investment crowdfunding portals/digital commodities investment platforms to note the requirements and...
Constitution Review:Nigeria needs new revenue sharing formula for equity-Lagos Lagos attorney general
Lagos State Attorney General and Commissioner for Justice, Moyosore Onigbanjo, is proposing new revenue sharing formula where 34 per cent goes to federal, 43 per cent to...
Take advantage of upstream investment opportunities, NNPC tells indigenous coys
The Nigerian National Petroleum Corporation (NNPC) has urged indigenous companies to take advantage of opportunities in the upstream sector to become key players...
Returned £4.2m: Not in our coffers yet-Delta Govt
Delta State Government on Wednesday said it had not received from the Federal Government the 4.2 million pounds returned by the United Kingdom. It said that although the...
OML 118: NNPC, SNEPCo, others sign multibillion dollar deep-water agreement
…Deal to yield over $780million in immediate revenues to government The Nigerian National Petroleum Corporation (NNPC) and its Production Sharing Contract (PSC)...
Dangote Fertiliser critical to Africa’s attainment of SDG — Envoy
The Dangote Fertiliser plant has been identified as a crucial project that would spur attainment of the United Nations Sustainable Development Goals (SDGs)...
Delta gets $4.2m Ibori looted money – Accountant General of the Federation
The Accountant General of the Federation, Mr. Ahmed Idris, has said the £4.2m looted by a former Governor of Delta State, James Ibori, which the Federal Government...
