Aviation: Nigeria, Algeria To Review BASA Agreement
Minister Keyamo will also witness Uganda’s inaugural flight to Nigeria.
Nigeria Needs About $262bn Investments To Meet 30MW Power Generation Target By 2030, Says Power Minister
Adelabu emphasised the need for collaborations between the public and private sector.
South Africa Showcases Golf Tourism Potential in Lisbon
Between January and August 2023, a total of 5,473,927 arrivals were recorded, reflecting an astounding 63.4% increase compared to the same period in the previous year.
Adedeji: FIRS Under My Leadership Will Be Data-Driven, Signposted by Merit
He said a data-driven system is a precondition for the realization of the fiscal projections of the government.
MABISCO Biscuits Put Up For Sale after Shutting Down Operations
“…We want to concentrate on our area of core competence of business. To achieve that we have to divest appropriately.”
Nigeria’s Inflation Hits 26.72% In September
The rate was 5.94% points higher compared to the rate recorded in September 2022, which was 20.77%
Afreximbank, Morocco Sign MoU For $1bn Trade, Investment Programme
Oramah said the agreement is a crucial step in transforming trade and supporting African economies.
Okonjo-Iweala Calls for Enhanced Efforts to Boost Access to Trade Finance
“Only up to 25 per cent of trade is supported by trade finance in these regions, compared to 60-80 per cent in advanced economies.”
To Address Fiscal Gap in 2023 Budget, Nigeria Seeks Fresh $1.5bn Loan Facility From World Bank
It vowed that the Tinubu administration will not breach Ways and Means limits.
NNPC Jettisons Oil Swap Deals, Pays Cash For Fuel Imports
Last year, NNPC did not remit monies into government coffers despite surging oil prices, as oil-for-fuel swaps consumed all the crude it had to sell.
IMF Welcomes CBN’s Removal of FX Restrictions on 43 Items
It said Tinubu’s reforms need time to yield desired results.
Shell Confirms Huge Leak At Flow Station in Bayelsa
Hundreds in the Peremabiri community have been thrown into crisis as farmlands, marine environment ruined.
Air Peace Resumes Kaduna Operations October 23, Announces Special Flight to Antigua and Barbuda
The airline’s growing network includes twenty domestic routes, 8 regional and 5 international destinations.
NUPRC Shops for Continental Opportunities to Tackle Nigeria’s 3.1 Bcf/day Gas Shortfall by 2030
“In the years preceding the enactment of the PIA, investments in the Nigerian oil and gas industry declined mostly due to regulatory uncertainty,” said Komolafe.
Nigeria Grants First Petroleum Exploration Licence Under Petroleum Industry Act
The NUPRC said the development was another milestone in the smooth implementation of the PIA for the attraction of investment in the oil and gas sector.
CBN Lifts FX Ban on 43 Items, Rice, Fertiliser and Cement on the List
It’s a reversal of a 2015 policy which forced importers of the commodities to source for FX at the black market at higher rates.
Alaye: Modular Refinery Initiative A Failure, Licensed Companies Were Not Ready
He called out government for underming and cheating the people of the Niger Delta out of opportunities.
Nigeria’s Oil Production Improved in September, Still Far from OPEC’s Quota
Data shows that the country under-produced by as much as 400,000 bpd in September, despite the jump in output.
Biden Administration To Introduce Stricter Measures To Enforce Oil Price Cap on Russia
It signifies a concerted effort by Western nations to clamp down on Russia’s attempts to evade international sanctions.
At $30m Drilling Cost Per Gas Well, Nigerian Operators Push for Review of Fiscal Policies in Sector
The lamentations by oil and gas industry operators have refused to settle despite the enactment of the Petroleum Industry Act over two years ago.
