The Honda Management team led by the Managing Director, Mr Takashi Nakajima, on Tuesday 30th May, 2023, presented the new Nigerian built Honda HRV to the DG NADDC, Jelani Aliyu, MFR, at the Council’s Headquarters in Abuja.
While making a demonstration of the vehicle, Mr Remi Adams, the company’s Sales...
The World Bank on Friday approved debt relief for the poor and vulnerable member-countries of its International Development Agency (IDA) as the coronavirus pandemic continues to take a devastating toll on the global economy.
The World Bank Group President, David Malpass, announced the debt relief during the Spring 2020 Plenary...
Telecommunication giant MTN on Tuesday closed its case over an alleged N300m copyright infringement suit involving an Abuja-based musician, Liberty Williams.
Nkeakam Abhulimen, a staff of MTN and Chris Anusa, a staff of Defcom Technologies, both appeared as witnesses for MTN at the Federal High Court, Abuja before Justice Ifeoma...
The African Development Bank (AfDB) has approved a $1.5 billion emergency programme to alleviate the impact of worsening food insecurity due to the Ukraine war, its director said on Monday.
About 20 million farmers on the continent will benefit from the fund as Africa faces a shortage of at least...
President, Dangote Group, Alhaji Aliko Dangote, said close to $500m have been expended on the Dangote Sugar Refinery in Tunga, Nasarawa State, with the project when completed, expected to generate 90 megawatts of power, as well as provide direct employment for thousands.
Alhaji Dangote disclosed this when he led the...
Leading financial services provider, First City Monument Bank (FCMB), has continued to blaze the trail with innovative and value-added offerings to boost the productivity and overall performance of businesses.
The latest is an initiative tagged, “Top-5-In-5”, a digital video knowledge sharing and capacity building series designed to give Small and...
Achieves Mechanical Completion, Flare Start-up of Refinery’s Area 5 Plant
The Nigerian National Petroleum Company (NNPC) Ltd. has fulfilled its pledge of achieving the mechanical completion of rehabilitation work on Area 5 Plant of the Port Harcourt Refining Company (PHRC).
Rehabilitation work has been ongoing at the Refinery for over...
The Nigerian National Petroleum Corporation (NNPC), Shell, Total, and ENI on Friday signed the final investment decision (FID) to give the go-ahead for the construction of Train 7 of the Nigeria Liquefied Natural Gas (NLNG) project.
The FID was initially scheduled to be sealed last week Thursday. But, after two...
The Central Bank of Nigeria (CBN) has confirmed changes in the foreign exchange market.
In a statement on Wednesday night, Angela Sere-Ejembi, Director, Financial Markets, confirmed the changes.
She said all transactions will now be done through the Investors and Exporters (I&E) window, where the exchange rate will be determined by...
