Business
Nigeria Government Evaluates Addax Petroleum’s Assets
Following the Nigerian federal government’s revocation of the Production Sharing Contracts (PSCs) on four assets belonging to Addax Petroleum Exploration Nigeria Limited (APENL), the Department of Petroleum Resources (DPR), has
Manufacturing leads $8.41bn investment announcements in Q1’21
…Balyesa, Delta top destinations By Yinka Kolawole The Nigerian Investment Promotion Commission (NIPC) has reported $8.41 billion new investment announcements in Nigeria in the first quarter of 2021 (Q1 2021),
Row over N10.5 billion allocation to airports on concession list
Federal Government’s approval of N10.5 billion worth of projects to a couple of airports awaiting concession has raised an eyebrow among stakeholders in the industry. The post Row over N10.5
BoI to tackle youth unemployment with tech hubs
Worried about the high level of youth unemployment currently estimated at 33.3 per cent, the Bank of Industry (BoI) has announced plans to establish tech hubs to address the challenge.
Local airlines rebound with traffic surge, new routes
Despite the operational hiccups facing the sector, local airlines have recorded a marginal rebound in business, recording improved passenger patronage across networks. The post Local airlines rebound with traffic surge,
UBA Q1 profit rises by 24%
United Bank for Africa (UBA) Plc has posted N40.6 billion profit before tax (PBT) in its first-quarter 2021 operations against N32.7 billion recorded in the corresponding period in 2020. The
Stock market upbeat as index records marginal appreciation
Trading on the Nigerian Exchange Limited (NGX) sustained a rising profile, following gains recorded in most blue-chip stocks. The all-share index (ASI) appreciated by 0.01 per cent. The post Stock
4,355 Niger Delta youths empowered with market-relevant skills
At least 4,355 Niger Delta youths have been trained and equipped with market-relevant skills. The post 4,355 Niger Delta youths empowered with market-relevant skills appeared first on The Guardian Nigeria
‘Nigeria exports to Indonesia over $700m’
Director of the Indonesian Trade Promotion Centre, Hendro Jonathan, said Nigeria exported goods worth 700 million dollars to Indonesia last year. The post ‘Nigeria exports to Indonesia over $700m’ appeared
Customs impounds explosives, N3.1bn contraband
By Godfrey Bivbere & Providence Adeyinka The Federal Operations Unit (FOU), Zone A of the Nigeria Customs Service (NCS), yesterday, said it has impounded 42 drums of explosives in the
