Industry Dynamics

The Organisation of Petroleum Exporting Countries, OPEC oil output rose in July by 90,000 barrels per day (bpd) to a 2017 high, led by a further recovery in supply from Libya, one of the countries exempt from a production-cutting deal, a Reuters survey showed.

LAGOS, July 19 (Xinhua) -- An official of China's Hebei Province said it was ready to carry out pragmatic cooperation with northern Kaduna state of Nigeria.

Farmers in Nigeria may no longer depend on the old method of planting cassava all year round.The coordinator of Small Scale Women Farmers Organisation of Nigeria (SWOFON), Mrs Maria Ukpayang, who stated this recently.

To improve on the value of its supply chain thereby promoting its backward integration plans, Nigerian Breweries Plc (NB) has said it would continue to invest in cassava starch as an alternative recipe to suit the needs of its customers.

It is a well-established fact that Nigeria’s agricultural sector employs over 70 per cent of the total work force and despite this, Nigeria still struggles to meet food demand resulting into massive importation of food into the country.

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No geopolitical zone in Nigeria has been excluded from the rail line projects.The Minister of Transportation, Rotimi Amaechi said railway track networks cover the whole country and it is wrong for any Nigerian to say the present government does not like a particular geopolitical ...

As Nigeria’s oil and gas sector continues to undergo unprecedented reforms, the Minister of State for Petroleum Resources, Dr Ibe Kachikwu has reiterated the government’s resolve to reduce importation of petroleum products from the present 95 per cent to 60 per cent by 2018.

The fund would be drawn from the 1.6 per cent natural resource fund domiciled in the Federation Account for the development of agriculture, mining and water resources sectors.