NNPC Subsidiary, NGMC, Makes N12bn Profit The Nigerian Gas Marketing Company (NGMC), a subsidiary of the Nigerian National Petroleum Corporation (NNPC), has announced a profit after...
NBC Shuts AIT, RayPower FM, Faaji FM The National Broadcasting Commission (NBC) has suspended the operating licence of DAAR Communications Plc, operators of African Independent Television...
Ibom Air to Start Operations Today Ibom Air, Akwa Ibom Airline, will today 7th, June 2019 commence commercial flight services after receiving Air Operator Certificate (AOC)...
Nigeria Revokes Six Oil Block Licences The Federal Government has revoked six oil block licences due to ‘legacy debts’. In a notice issued on Thursday by...
IATA Cautions FG on Airport Concession The International Air Transport Association (IATA) has advised the federal government to be careful in its plan to concession the...
W’Africa Container Terminal Set for $10m Upgrade The West Africa Container Terminal (WACT), Onne Port, Rivers State, has said it is preparing to take delivery of...
Operators Invest N29.4bn Pension Funds in Infrastructure Pension Funds Administrators have invested about N29.4bn of the growing assets under the Contributory Pension Scheme in infrastructure projects...
Stakeholders Seek Development of Gold Business Nigeria’s gold refinery, Kian Smith Gold Refinery in collaboration with Noemdek, a Nigeria-based international advisory firm, has said they will...
Afrieximbank Pushes for Intra-African Trade More calls are coming in support of the African Continental free Trade Area agreement, with one of the most recent calls...
Stanbic IBTC, Standard Chartered Bank to Fund 5.4MT Steel Plant Stanbic IBTC and Standard Chartered Bank have agreed to jointly fund a steel plant capable of...