Shell Discovers Another Oil Leak After Resumption Of Forcados Export Facility Nigeria’s oil production is facing another major challenge following discovery of another oil leak in a facility operated by oil major Shell. Shell is currently investigating a possible leak on its Trans Niger oil pipeline that traverses Bodo[Read More…]
UNICEF to support Nigeria with $270m for humanitarian response, emergencies (Middle) Honourable Minister of Humanitarian Affairs and Poverty Alleviation, Dr. Betta Edu, (Right) Country Representative of UNICEF, Cristian Munduate and Chief of Health & HIV/AIDs UNICEF, Eduardo Celades, during a courtesy visit on the Minister in her office in Abuja,[Read More…]
NCDMB to unveil 17 startups The Nigerian Content Development and Monitoring Board is collaborating with the Founder Institute to unveil 17 portfolio companies. This move is to fulfil its mission of stimulating research and development and providing assistance to energy startups. According to the board, these companies[Read More…]
NEPC launches youth export programme The Nigerian Export Promotion Council has launched the Youth for Export Programme, to empower the youth with skills and expertise to export. Speaking at the launch, the Executive Director of NEPC, Dr Ezra Yakusak, said the programme was aimed at harnessing the untapped potential[Read More…]
Neimeth appoints new MD Neimeth International Pharmaceuticals Plc has announced the appointment of Valentine Okelu as the company’s managing director/chief executive officer. A statement from the firm said Okelu assumed duty on August 16, 2023, after the rectification of his appointment at the company’s Annual General Meeting. According to the[Read More…]
NSIA assets now N1tr, says MD Representative of the Director-General, Nigeria Governors’ Forum, Abdullfatif Shittu (left); Director-General, Nigeria Sovereign Investment Authority (NSIA), Aminu Umar-Sadiq and Executive Director (Operations and Corporate Services), NSIA, Bisi Makoju during their meeting with House of Representatives Ad hoc Committee investigating NSIA since inception, at[Read More…]
UK charges ex-Petroleum Minister, Diezani Alison-Madueke for corruption Nigeria’s former petroleum minister, Diezani Alison-Madueke, has been charged with bribery offences following a National Crime Agency investigation. Mrs Alison-Madueke, aged 63, who also served as president of the Organization of the Petroleum Exporting Countries (OPEC), was a key figure in[Read More…]
Google unveils AI first accelerator program for African Startups Google on Tuesday unveiled the “Google for Startups Accelerator: AI First”, an initiative aimed at supporting African startups looking to use artificial intelligence to solve local challenges. The program which was unveiled on Tuesday, recognises the transformative role that AI[Read More…]
CBN Announces New Guidelines For Bureau De Change Operations in Nigeria The Central Bank of Nigeria (CBN) has announced additional guidelines for Bureau De Change (BDC) operators in an overall bid to improve efficiency of the Nigerian foreign exchange market. The decision comes two years after the apex bank[Read More…]
Shettima to represent Tinubu at BRICS summit in South Africa Vice President, Kashim Shettima, will depart Abuja for Johannesburg, South Africa to represent President Bola Tinubu at the 15th BRICS Summit of Heads of State and Government. The Director Information, Office of the Vice President, Mr Olusola Abiola, made[Read More…]
