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NLNG reaffirms commitment to Finima Nature Park

Nigeria LNG has reaffirmed its commitment to conserving nature and preserving wetlands at its Finima Nature Park on Bonny Island as part of plans to promote decarbonization and green culture. The company stated this on the back of the Federal…

Shell to deploy 2nd FPSO in Bonga

 Sopuruchi Onwuka Shell has declared intention to deploy a second production floater in the operated deepwater Bonga fields, ending speculations of possible tie-in of production from contiguous to existing Bonga floating production, storage and offtake (FPSO) vessel which has produced…

UK pays £1.7bn import fraud charges to EU

Great Britain ruled by King Charles III has agreed to pay the European Union princely £1.7 billion in reparation for stolen customs duties on imported goods, concluding payment of the £2.4 billion slammed on the Nigeria’s colonial master for fraudulent…

FG deploys Julius Berger on Oloibiri Center project

Sopuruchi Onwuka Federal government on Wednesday approved the award of the major contract for the building of the much awaited Olibiri Museum and Research Centre, in Bayelsa State. The museum is conceived to preserve the heritage and developments in the…

APC govs hamstring Emefiele, S. Court removes Naira swap deadline

Sopuruchi Onwuka The Supreme Court has temporarily suspended the imminent deadline for the phase out of old Naira notes from circulation, pulling crucial support from the efforts of the Central Bank of Nigeria (CBN) to rein in over N4.0 trillion…

Nigeria offers 4 unique incentives for tech investors __ Inuwa

Sopuruchi Onwuka Global investors interested in establishing in the Nigerian tech ecosystem have a guarantee of basic incentives that come with existing strong market base of some 200 million people. Director General of the National Information Technology Development Agency (NITDA),…

Nigerdock plugs into renewables, targets 20MW

Nigerdock has completed the first phase of its shift to renewable energy sources through the installation of solar solutions at Snake Island Integrated Free Zone. Speaking on the initiative, Nigerdock CEO, Maher Jarmakani said: “As a self-sustaining economic hub, improving…

Nigeria bonds further plummet as S&P Global begins review

Sopuruchi Onwuka As another credit rating agency focuses on Nigeria, the country’s sovereign bonds value took a slip at the weekend as the impact of Moody’s negative rating continues to shake investors’ confidence. Market intelligence services indicated at the weekend…

NLNG, LCCI promote sustainable food security in Nigeria

Nigeria LNG Limited (NLNG), in partnership with the Lagos Chamber of Commerce and Industry (LCCI), on Wednesday presented the joint-winning works of The Nigeria Prize for Science (2022) to industry players in an effort to push agricultural innovations that can…

NCDMB boss receives Leadership Local Content Award

The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote on Tuesday received the Leadership Local Content Champion of the Year Award at the 14th Leadership Conference and Awards held at the International Conference…