Business

Norway’s Equinor May Sell 20.2% Stake in Agbami Field To Little-known Chappal Energy

A sales agreement hasn’t been signed yet as Chappal is raising funds to finance the deal.

1 year ago

UBA Partners AfCFTA on $6bn Financing Solutions For SMEs in Africa

UBA also aims to promote capacity for growth through non-financial services  targeting SMEs.

1 year ago

IFAD Backs Nigeria in Digitalisation of Agriculture in Niger Delta

It wiill be executed by the Ministry of Agriculture in partnership with the Niger Delta Development Commission.

1 year ago

Lagos – Calabar Highway Contract Not Yet Awarded To HITECH, Discussions Ongoing, Says FG 

"The Ministry has not awarded any such contract nor has signed any such contract agreement with any company in this…

1 year ago

Nigeria Announces $13.5bn Investment Commitments To Boost Oil Output, Targets 2.1m bpd Next Year

Tinubu's Special Adviser on Energy, Olu Verheijen, said the measures will result in a 100% increase in gas production by…

1 year ago

Adesina: AfDB’s $25bn Fund will Help Overcome Africa’s Food Insecurity in Five Years

"We have the technology and the financing to do it at scale," he added.

1 year ago

Petrol Price in Nigeria Rose by 230.78% in One Year, Says NBS

Nigeria, which had for years been burdened by a costly petrol subsidy regime, on May 29 ended the unsustainable scheme.

1 year ago

With Naira Plunging To Record Low, Cardoso Assumes Office As Acting CBN Governor

Nigeria's currency on Thursday declined further on the parallel market to N995 to a dollar.

1 year ago

Naira Falls Further To N995/$ on Parallel Market, Edun Blames $6.8bn Backlog for Currency’s Woes

However, on the official I&E window, the naira gained N33 naira to close at N738 to a dollar on Thursday,…

1 year ago