Average yields across fixed income instruments contrast as financial system liquidity improves. Thus, in the money market space, pressure on interbank rates eased following robust system liquidity. The overnight lending rate contracted by 200 basis points to 5.8per cent, in…
The Rural Electrification Agency (REA) has announced the provision of $550m in funding by the World Bank (WB) and the African Development Bank (AfDB) to support the implementation of its off-grid solution projects. Mr Ahmed Abubakar, Communication Expert, REA, who…
The Nigerian National Petroleum Corporation (NNPC) has announced that it will declare its first dividend to Nigerians as it prepares to release its 2020 financial statements in the third quarter of this year. This is coming at a time the…
Nigeria LNG (NLNG) LLC engineering, procurement, and construction contractor SCD JV Scarl—a joint venture of Saipem SPA, Chiyoda Corp., and Daewoo Engineering & Construction Co.— has signed Air Products Inc. to provide liquefaction technology for the NLNG Train 7 expansion.…
The latest report by the Nigerian National Petroleum Corporation (NNPC) shows that Nigeria’s refineries lost a total of N104.3billion in 13 months while not processing any crude oil from the refineries during the period. The plants continued to lose money…
No doubt, insecurity has worsened in Nigeria to become an albatross. The profiles of insecurity threats and disturbances ravaging the Country recently, has become deep seated with the emergence of variant offshoots compounding to leave a sensation of anarchy. The…
Giving praises to the most highest is a way of worshipping and showing appreciation for the goodness of the Lord. This was the premise on what the Executive Chairman Ojodu LCDA, Hon. Olusegun Odunmbaku gathered his formidable team to celebrate…
By SAKA Laaro, Ilorin Mr Umar Bolaji, a health data and development expert has said that data capturing of Sexual and Gender Based Violence (SGBV) survivors will reduce the health and socioeconomic impact on such persons. According to Bolaji who…
By Agency Report The Minister of Women Affairs, Dame Pauline Tallen, has urged female members of Petroleum and Natural Gas Staff Association of Nigeria (PENGASSAN) to work hard and assume highest leadership positions in the oil and gas sector in…
The Abiodun Family of Iperu-Remo, Ogun State has announced the passing on of their Patriach, Dr Emmanuel Adesanya Abiodun, who slept in The Lord on Monday August 2, 2021 at the age of 89 after a brief illness. Dr Abiodun,…
