The Nigerian National Petroleum Company (NNPC) Limited said it has ended its production sharing contract (PSC) relationship with China-based Addax Petroleum. The NNPC made the announcement via its official Twitter account on Tuesday, January 31. NNPC Group Chief Executive Officer,…
The Nigerian Content Development and Monitoring Board (NCDMB), has restated its readiness to support other African nations in developing and implementing local content policies as a strategy for improving indigenous participation and value optimization from hydrocarbons and mineral resources. The…
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has reported that their findings showed that the price of Premium Motor Spirit, commonly known as petrol, had increased as high as N350/litre in some places. It said this…
By Philemon Adedeji MTN Group Chief Executive Officer, Ralph Mupita, has lauded Nigerian Exchange Limited (NGX) for democratizing access to financial securities, thereby empowering more Nigerians. He said this when in recognition of the importance of the partnership between MTN…
By Philemon Adedeji BUA Foods Plc, a leading food and fast-moving consumer goods (“FMCG”) listed on the Nigerian Exchange Limited (NGX) has released its unaudited financial results for the period ended December 31, 2022, reporting 29.5 per cent increase in…
By Philemon Adedeji A publicly listed company on the Nigerian Exchange Limited (NGX) with trading and manufacturing interest in the consumer goods market, Unilever Nigeria Plc has released its audited full-year 2022 financial report and it shows significant improvements across…
By Seun Ibiyemi The Federal Government has expressed optimism that importers and exporters in Nigeria will benefit immensely from the Inland Dry Ports being established in various parts of the country. The Minister of Transportation, Mu’azu Jaji Sambo stated this…
…36 states in Nigeria to have fibre optic cable by April – Pantami By Ogaga Ariemu The World Bank, on Tuesday, tasked Nigeria to increase its broadband penetration to provide internet access to people in rural areas and remote places.…
