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- Written by Martin Odiete
Minister of Petroleum Resources, Chief Timipre Sylva, says the oil and gas sector accounts for about 10 per cent of Nigeria’s Gross Domestic Product (GDP).
Minister of Petroleum Resources, Chief Timipre Sylva, says the oil and gas sector accounts for about 10 per cent of Nigeria’s Gross Domestic Product (GDP).
The Lagos Chamber of Commerce & Industry (LCCI) has called on the government to replace existing debt stocks with asset-linked debt to ease the debt servicing burden.
The Nigeria National Petroleum Corporation (NNPC) says its group operating revenue in April increased by 17.73 per cent amounting to N535.61 billion.
The Lagos-Kano train service will go into operation from Friday, Aug. 13.
The Federal Government says investors must meet seven criteria to access the N250 billion intervention fund for gas value chain businesses.
Wema Bank Plc says that the capital raising exercise of N40 billion will hit the market in September, barring unforeseen circumstances.
Access Bank Plc has equipped 74,000 Access Closa agents to provide financial services to customers across the country, to drive financial inclusion.
Stakeholders in the Maritime Sector have called for collaboration and support for fishermen and the fishing industry in the country, so as to improve their livelihood and also harness the potential and opportunity of the blue economy.
The leadership of the Nigeria Labour Congress (NLC) has rejected the denomination of domestic gas pricing to GENCOs in foreign currency.
The Federal Executive Council (FEC) has approved the acquisition of 20 per cent minority stakes by the Nigerian National Petroleum Corporation(NNPC) in the Dangote Petroleum and Petro-Chemical Refinery.
Financial results of Jaiz Bank Plc for the second quarter ended 30 June 2021 was released to the Nigerian Stock Exchange, showing a 70.6% growth in Profit After Tax (PAT), from N1.17 billion declared in June 2020 to N1.99 billion at the end of June 2021.
The Corporate Affairs Commission (CAC) will improve its service delivery and revenue generation as contained in a resolution at its 2021 Management retreat in Kaduna.
The International Monetary Fund (IMF) has approved a new general allocation of Special Drawing Rights (SDR) equivalent to $650 billion, the largest in the IMF’s history.