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FG, firm sign 550MW power purchase agreement
The Federal Government recently signed a Power Purchase Agreement with Kingline Development Nigeria Limited, a new power generation firm with…
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Siemens Nigeria builds 3m service facility, to boost local content
Siemens Nigeria Limited has inaugurated its new €3m facility in Port Harcourt to increase local capacity, in the Nigerian oil…
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Dangote to begin coal mining in November
Dangote Cement Plc, a subsidiary of the Dangote Group, has switched its plant lines to coal to minimise cost and…
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SEC plans a N5bn Capital Market Development Fund
Nigeria’s Securities and Exchange Commission (SEC) is planning a NGN5bn Capital Market Development Fund (NCMDF) to promote and enhance the…
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FG slashes process for mining licences award to 40 days
The Federal Government has reduced the timeframe for the award of mining licenses in Nigeria, stating that henceforth, miners would…