The Nigerian government on Thursday gave an indication that it would soon review the privatisation of power plants in the country to enable government restructure their ownership and capacity to deliver value to the people.
I Approved N640 Billion Oil Contracts For NNPC - Osinbajo
Self Sufficiency And Backward Integration Are The Secret Of My Success - Dangote
Africa’s richest man and most successful industrialist, Aliko Dangote, today revealed the secret of his business success: self-sufficiency and backward integration, a manufacturing strategy that extracts value from entire processes.
FG Saves N120bn Using IPPIS
The Federal Government on Tuesday put the cumulative savings from checking the ghost workers’ syndrome through the Integrated Payroll and Personnel Information System (IPPIS) at N120 billion.
Nigeria’s Foreign Reserves Rises To Two Year High At $32.7 Billion
Nigeria’s foreign exchange reserves rose 3.12 per cent month-on-month to $32.74 billion by Oct 3, the Central Bank of Nigeria (CBN), had said, indicating a significant growth in the country’s dollar savings.
Nigeria Poised To Cooperate With Iran On National Development Issues
The Federal Government has assured the Islamic Republic of Iran of Nigeria’s readiness to cooperate with it on issues of national development. Mr Okechukwu Enelamah, Minister of Industry, Trade and Investment, expressed the view when he received the Iranian Deputy Minister of Industry, Mines and Trade, Mr Muhammed Fayyas in his office.
Increasing Attacks In Niger Delta Threatens N7.44Trl 2017 Budget
There are strong indications that Nigeria’s oil output, and by extension the nation’s N7.44 trillion 2017 may be facing new threat as attacks on oil facilities gradually return to the Niger Delta.
There Is No Monopoly In Power Distribution, Fashola Warns
Mr Babatunde Fashola, the Minister of Power, Works and Housing, has allayed fears of Electricity Distribution Companies (Discos) over government’s investments in solar energy plants.
Agric SMES To Receive N26bn Contribution – Bankers Committee
The Bankers Committee says commercial banks will start the disbursement of the N26 billion equity contributions to Small and Medium Enterprise (SMEs) in agriculture by end of 2017 third quarter.
Naira Maintains Stability As CBN Injects $195m Into Forex Market
The Central Bank of Nigeria (CBN) has injected $195 million into the inter-bank of the foreign exchange (forex) market.
Nigeria Realises N118trn From Crude Oil Since 1961 - NBS
The National Bureau of Statistics (NBS) says Nigeria has realised more than N118 trillion from crude production and refining from 1961. The NBS report, which has additional data from the Nigerian National Petroleum Corporation (NNPC), collated its statistics from 1961 till 2014.