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Multiple windows: Investors adopt equity templates for forex rate
Sopuruchi Onwuka With inability of businesses to secure adequate foreign exchange at official rates to drive transactions that transcend the country’s borders, business proposals involving international transactions have become source of confusing calculations. Whereas the official rates for the exchange…
PIA is delivering key investment goals – Sylva
Sopuruchi Onwuka The newly activated Petroleum Industry Act (PIA) is delivering the key objectives of government in providing congenial domestic industry environment for capital importation and attraction of global investments. Minister of State for Petroleum Resources, Chief Timipre Sylva, stated…
Female capacity offers opportunity for accelerated economic growth __WIEN
The Nigerian economy holds potential to accelerate growth and development by 2025 if women are provided the opportunity to play exactly the same role as men in corporate leadership and economic management in the country. The assertion forms one of…
NLNG N18.4b award: When the Senate kills the environment
Sopuruchi Onwuka The recent decision to impose N18.4 billion penal measure against the Nigerian Liquefied Natural Gas (NLNG) Limited over pipeline right of way dispute stokes existing concerns among petroleum industry investors about the threat of political interference in the…
Africa will lose 64% of GDP to climate change by 2100
If African countries don’t change their current climate policies to align with the Paris Agreement, and continue suffering climate funding shortfalls from the west, they could lose 64% of their GDP due to climate change devastation according to a report…
Energy pundits demand regulation on gender diversity
Professionals and technocrats in the energy industry have demanded government to evolve deliberate policies for gender balancing and diversity in the management and boards of public and private entities in the Nigerian corporate community, arguing that enhanced gender parity would…
Francophone hackers stole $11m , cause $50m damages in Nigeria, others
Sopuruchi Onwuka, with agency reports Internet fraud syndicate operating from one of Nigeria’s neighbouring francophone countries have successfully launched over 30 successful attacks at financial institutions and stole over $11 million, causing damages worth over $50 million to the institutions….
Flood: NCDMB takes PNC Conference to Uyo
The management of the Nigerian Content Development and Monitoring Board has announced the movement of her flagship annual Practical Nigerian Content conference to Uyo, Akwa-Ibom State. The Executive Secretary, NCDMB, Engr. Simbi Kesiye Wabote made the announcement in an email…
“We can make pipelines invulnerable to sabotage” __Okwuosa
Sir Emeka Okwuosa stands tall among his peers and also commands the respect of people who understand the values he generates for the society, the economy and humanity. In the engineering profession, oilfield services, infrastructure development, solid mineral development, agriculture…
CBN’s rate for Naira sends false economic signals
Sopuruchi Onwuka, with agency reports Between the N460 official rate for the dollar and the over N850 in the informal foreign exchange market, market pundits that generate data to simulate the direction of the economy are having hectic time. Whereas…
