A World Bank-assisted Agro-Processing, Productivity Enhancement and Livelihood Support (APPEALS) Project, says fish farmers in Lagos State will begin production of locally canned catfish and Tilapia fish in 2022. The Project Coordinator, Lagos APPEALS, Mrs Oluranti Sagoe-Oviebo, said on Tuesday…
As part of celebration marking its 60th anniversary recently, Fan Milk Plc, producers of Fan Ice cream brands unveiled its newly completed state-of-the-art frozen dairy product line in Ibadan, Oyo State. Fan Milk Plc is part of the Danone Group,…
Chi Limited has charged Nigerians to start the year the right way for healthy living. The company made this known in a statement made available to Nigerian NewsDirect. The statement read, “With every end, comes a new beginning; and every…
…As Yusuf charges FG to reverse payment of gas in dollars An economist and the Chief Executive Officer of the Centre for the Promotion of Private Enterprise, Dr Muda Yusuf, has said that the increasing debt profile of the government raises…
The state-run Nigerian National Petroleum Corporation (NNPC) has explained the causes of fire at the 145,000 barrel per day capacity PortHarcourt refinery. The statement from the corporation reads: “This morning, 01/01/2022, a minor fire incidence occurred at the Port Harcourt…
Petroleum Technology Association of Nigeria (PETAN),an association of Nigerian Indigenous Technical Oilfield service companies in the upstream and downstream sectors of the Oil industry, has named Engr. Kevin Nwanze is new Executive Secretary. His appointment was announced by the PETAN…
Despite decades of mismanagement, malfeasance and corruption, strict U.S. sanctions and crumbling energy infrastructure, Venezuela’s national oil company PDVSA has stunned observers by reporting a significant increase in crude oil output for November 2021. OPEC’s December 2021 Monthly Oil Market…
Twenty-five suspected oil thieves handed over to the Port Harcourt Zonal Command of the Economic and Financial Crimes Commission, EFCC, by the Nigerian Navy, Forward Operating Base, Bonny Island, Rivers State, are being quizzed for their alleged involvement in illegal…
Nigeria recorded a transaction value of $32.3 billion in forex turnover in 2021 on the Investors and Exporters Window (I&E) where forex is sold officially. This is according to data on the FMDQOTC collated daily over the last two years…
The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) has said top priority should be given to the effective implementation of the 2022 budget. According to Director-General, NACCIMA, Amb. Ayoola Olakanni, the effective implementation of the budget…
