News Update


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Shell invites bid for new FPSO in Bonga

Shell Nigeria Exploration and Production Company (SNEPCo), has announced the release of invitation to tender (ITT), to contractors for the development of the Bonga South West Aparo (BSWA) oil field. This comes a day after the execution of the heads of terms (HoT) by the Nigeria National Petroleum Corporation (NNPC), SNEPCo, and its Unit partners, revising the terms of the OML 118 Production Sharing contract (PSC). Shell said in a statement that the project's initial phase includes a new floating, production, [...]

How to access CBN’s N220 billion, Small and MediumEnterprises Development fund(MSMEDF)

HOW TO BENEFIT FROM N220 BILLION MSMEDF 1. Is your buisness in any of the following areas : -Agriculture -maunfacturing -Cottage industries -Artisanship -Services - Trade and general commerce -Renewable energy/energy efficient product and technologies - Other income general product as may be prescribed by the CBN. 2.0. IF "YES".......... 2.1 prepare your business plan or statement on how much you want for your business 2.2 you can get a loan of up to : a. N500,000.00 For your micro business: [...]

Expert seeks sustainable solutions for Nigeria’s infrastructure deficit

Think-Tanks in Nigeria have urged federal and state governments to focus on sustainable delivery of projects to adequately breach huge infrastructure shortfall in the country. The experts, including Director General of Infrastructure Concession and  Regulatory Commission (ICRC), Chidi Izuwah , the Executive Director of Centre for Ethics and Sustainable Development(CESD), Director Olajumoke Akiode, Professor of Water Resources and Environmental Engineering, Ife Adewumi, Chief Executive Officer , Nigeria Economic Summit Group (NESG), Laoye Jaiyeola as well as the Deputy High Commissioner of the Australian [...]


President Muhammadu Buhari has pledged to make Nigeria among the most safest and attractive investment destinations in the world. Buhari made the pledge on Saturday, February 24, in a message at the opening of the 39th Kaduna International Trade Fair, the News Agency of Nigeria (NAN) reports. “The vision of our government is to make the country one of the easiest, safest and attractive places to do business in the world,” he said. The president, who was represented by [...]

Dapchi attack: Fani-Kayode reacts to Gov. Geidam’s claim that no girl was rescued

Former Aviation minister, Femi Fani-Kayode, has again taken a potshot at the government, this time over report that none of the girls missing from their school in Dapchi, Yobe state has been rescued. Recall that about 94 girls from the Government Girls Science and Technical Secondary School in Dapchi, Yobe state were reported missing after Boko Haram terrorists invaded the school on monday Few days later, the Nigerian military came up with a report that some of the abducted Yobe schoolgirls have been rescued.  However, [...]