Business

Access Holdings Plc Holds Signing Ceremony in Respect of Proposed ₦351 Billion Rights Issue   Access Holdings Plc (“Access Holdings” or “the Group”) on Tuesday, June 2, 2024, held a formal signing ceremony as part of the arrangements to raise a total of ₦351,009,103,017.25 (Three hundred and fifty-one billion, nine million, one hundred and three […]

Afreximbank and the WTO Secretariat harmonize efforts to develop trade in Africa   Today, African Export-Import Bank (Afreximbank or “the Bank”) (www.Afreximbank.com) signed a Memorandum of Understanding (MoU) with the World Trade Organization (WTO) to amplify the impact of their strategically aligned joint efforts of promoting global trade leveraging Africa’s unique resource endowment. The MoU

Spaces for Change Co-Sponsors the National Organizational Summit 2024 in Abuja   Spaces for Change is proud to support the upcoming National Organizational Summit, an essential gathering for Civil Society Organizations (CSOs) and Business Membership Organizations (BMOs) across Nigeria. This summit, organised by the SCALE project, marks the third annual Organizational Development (OD) Summit, set

₦121.67trn debt: SERAP asks Inspection Panel to hold World Bank to account   Socio-Economic Rights and Accountability Project (SERAP) has sent a complaint to the World Bank Inspection Panel urging the Panel “to probe allegations of corruption in the spending of the loans and other funding facilities obtained by the Federal Government and Nigeria’s 36

  NNPC Ltd Set to Deliver Gas Revolution with OB3 Gas Pipeline Project …As FG Expresses Satisfaction with Project’s Progress   In yet another major step towards boosting nationwide gas supply to drive industrialization and economic growth, the Nigerian National Petroleum Company Limited (NNPC Ltd) is set to deliver the Obiafu-Obrikom-Oben (OB3) Gas Pipeline project.

Shell reiterates commitment to Nigeria’s development, wins FRCN award   Shell Petroleum Development Company of Nigeria Limited (SPDC) has reaffirmed its unwavering commitment to supporting the socio-economic development of Nigeria, especially in its areas of operations in the Niger Delta. SPDC Director and Head of Corporate Relations, Igo Weli, made the restatement in Port Harcourt

FG Highlights AKK Gas Pipeline’s Massive Impact on Economy, Industrialisation                                        …As Kyari Assures Project Will be Ready 1st Qtr 2025   The Federal Government has highlighted the huge multiplier impact of the Ajaokuta-Kaduna-Kano (AKK) Gas Pipeline Project on the nation’s economic growth and industrialisation. This was made known during the visit of three cabinet

Halilu Underscores AMTDI’s Commitment to Advancing Technological Infrastructure & Innovation in Nigeria   The Executive Vice Chairman/CEO of the National Agency for Science and Engineering Infrastructure (NASENI), Mr Khalil Suleiman Halilu has conducted an inspection visit to the Advanced Manufacturing Technology Development Institute (AMTDI), an institute under NASENI, in Jalingo, Taraba State. The visit was

Western Digital Expands Lineup with New SSD for Content Creators As content creation continues to surge and AI-enabled applications generate larger media assets, the need for high-performance, high-capacity data storage has become essential. Addressing this demand, Western Digital has expanded its WD Blue lineup to include the WD Blue SN5000 NVMe SSD, a high-capacity storage

Chevron Signs Contracts for Ultra-Deepwater Blocks in Angola Amid Attractive Policies Multinational energy corporation Chevron has signed two Risk Service Contracts (RSC) for Block 49 and Block 50, located in the ultra-deep waters of Angola’s Lower Congo Basin. The company – through its Angolan subsidiary Cabinda Gulf Oil Company Limited ­– was initially awarded the