Business & Economy (Page 266)

The Nigerian National Petroleum Corporation (NNPC) says it has signed a 875.75 million dollar funding and technical services agreement and alternative financing deal for the Nigerian Petroleum Development Company(NPDC) operated Oil Mining Lease (OML) 65. The Corporation in a statement by its spokesman Mr Ndu Ughamadu in Abuja said itContinue Reading

he German Society for International Cooperation (GIZ) and the International Fund for Agricultural Development (IFAD) will train 2,000 farmers in Niger on financial literacy. The  farmers were drawn from the 16,000 farmers currently participating in the Value Chain Development Programme (VCDP) for rice and cassava in the state. Mr MathewContinue Reading

The Shell Petroleum Development Company of Nigeria Limited (SPDC) says it has deployed state-of-the-art high definition cameras for quick detection and response to crude oil theft and spills from its facilities. Mr Igo Weli, SPDC General Manager, External Relations disclosed this at a workshop on Monday tagged: “2019 Pipelines RightContinue Reading

The Governor of Central Bank of Nigeria (CBN), Mr Godwin Emefiele says about 1.2 billion dollars worth of fish is imported into the country annually. Emefiele disclosed this in Abuja on Thursday while briefing some state Governors and the media on the feat recorded so far in agriculture for economicContinue Reading

Mr Valentine Nwaimo, Director, Mechanical Engineering Services in the Ministry of Works and Housing,  says energy audit skills will  aid in developing Nigeria’s energy efficiency sector. Nwaimo said this in Abuja  during a workshop for professional energy auditors on energy efficiency. “European Union is assisting Nigeria to know more onContinue Reading

Gold prices edged up on Wednesday, snapping a four-day losing streak on technical buying, amid expectations that the European Central Bank (ECB) will dole out stimulus and cut interest rates. Spot gold was up 0.5 per cent at $1,493.50 per ounce, as of 0611 GMT. In the previous session, pricesContinue Reading