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FG undertakes to invest N2.5 Billion in DFIs for Small Scale Miners
In a bid to encourage small-scale miners, the Federal Government through the Federal Ministry of Mines and Steel Development (the…
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Fresh mining licences to be issued ONLY upon Host communities consent.
The Federal Government (FG) through the Federal Ministry of Mines and Steel Development (the Ministry) has issued directives that no…
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FG undertakes to back the establishment of 327,000-tonne Iron and Steel Plant
As part of the Federal Governments (FG) efforts towards diversifying the economy away from oil as well as promoting the…
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Citibank grants N500 million to microfinance bank
As part of its efforts towards promoting the development of the microfinance sector in Nigeria, Citibank recently granted a N500…
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Unilever obtains the approval of NSE for N59billion right issues
The Nigerian Stock Exchange recently granted approval to Unilever Plc. for the raising of N58.9 billion in new equity funds…
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IOCs foresees the disposal of more assets after PIB passage, licence expiration
Presently, the International oil companies (IOCs) operating in Nigeria are holding off on the divestment of their onshore assets until…
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IOCs, FG in disagreement over $6.2bn JV cash call
It has been confirmed that the agreement entered into by the Federal Government (FG) and International Oil Companies (IOCs) with…
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Shell exonerates itself from the inability from the non-diversion of Bonga gas to domestic market
Shell Petroleum Development Company (SPDC) recently released a statement exonerating itself from the continuous non-diversion of natural gas from the…
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Dangote Refinery places order to Indias Power Mech JV for the provision of construction services
Further to the ongoing construction activities presently being undertaken by the Dangote Oil Refining Company (the Company), an order has…
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Court of Appeal affirms Shipping Line Agency Charge illegal; and void
The Court of Appeal has held the contentious ‘shipping line agency charge’ (SLAC) usually charged by shipping companies (for what?)…
