Company News

The Federal Government said that it would boost the operations of the Bank of Agriculture (BOA), with N250 billion to enable it to grant credit access to farmers.

According to the chairman, in addition to the arrangements made for market women to display their wares on the water for maximum exposure and patronage, the community has also liased with MTN to empower its members on telecommunications businesses.

The federal government is set to stiffly penalise offenders of gas flaring in the country, after several years of leaving it at a meagre fine of N10 per thousand standard cubic feet of gas flared by oil companies in the country.

In the position paper titled “Telco: Investment, Innovation and Competition in ICT Infrastructure”, Huawei said the development trends of ICT as observed around the globe and their potential social economic development spurred by ICT.

DISCOs, an electricity distribution companies, has debt disagreement with MAN (The Manufacturers Association of Nigeria). So MAN seeks FG's intervention to end diagreement with DISCOs, which attracts the attention of goverment.

Ethiopian Airlines capped off a hugely successful and profitable financial year by announcing that they are the frontrunner to set up and manage a new national carrier for Nigeria, its chief executive said on Friday.

According to NBS, the country imported N349.45 billion worth of PMS in the month of March 2018, representing the highest volume of petroleum product import during the quarter under review.

The timeline extension was considered necessary to enable parties involved in the sale process to finalise the requisite transaction documentation to facilitate a smooth closure and transition to the new investor, 9mobile CEO Boye Olusanya said in a statement yesterday.

An indigenous midstream and downstream player in Nigeria's oil and gas sector, Petrolex, has inaugurated Wood Mackenzie and Fooster Wheeler to conduct studies for the construction of 250,000 barrels per day refinery at the Petrolex Mega Energy City in Ibafon area of Ogun State