Moroccan firm to build $1.5bn ammonia plant in Nigeria
Morocco’s OCP Group, expects to reach a deal this year to build a Nigerian ammonia plant, chief executive of the OCP Africa subsidiary told Reuters, yesterday.
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Women in politics and government - Vanguard News NigeriaI AM writing this piece from Rabat, having been invited on the conference circuit in the beautiful Moroccan capital. I missed the governorship and state assembly elections on Saturday. Friday, March 9 was International Women’s Day, an event that was celebrated here with solemnity. Morocco is a Muslim country, but also a progressive one. Women here have made considerable progress, unlike in Nigeri
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Let’s focus on building Nigeria – APC Chieftain – Daily TrustA chieftain of the All Progressive Congress (APC) in Plateau State, Dr. Yakubu Gambo has called on all patriotic Nigerians to eschew ethnic and religious division and join hands with the government to build the nation. Dr. Gambo, who spoke at a press conference in Jos, stated that, “since the election has been concluded and …
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Panel awards NPDC $1.69bn over Brass, Forcados assets – Daily TrustA tribunal sitting at the Lagos Court of Arbitration has awarded over $1.69bn in favour of the Nigerian Petroleum Development Company (NPDC) Limited in the arbitration between Atlantic Energy Drilling Concepts Nig Ltd and Atlantic Energy Brass Development Ltd and the NPDC. The arbitral proceedings was instituted by the Claimants (Atlantic Energy Drilling Concepts Nig. …
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BA to upgrade cabin in £6.5bn customer investment – Daily TrustBritish Airways is set to deliver significant changes to the onboard product and service in its First cabin as part of its £6.5bn investment for customers. The new look and feel, set to take to the skies from March 31, will include new bedding, amenities and menus that would not look out of place in …
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Access Bank gets N58.5bn loan to support local business – Daily TrustAccess Bank has signed a $162.5 million (N58.5bn) subordinated syndicated loan which it will use to help support local businesses. The Company Secretary of the bank, Sunday Ekwochi confirmed this in a letter to the Nigerian Stock Exchange(NSE) yesterday.ADVERTISEMENT Difficulty securing financing is a major hindrance to the growth of small and medium-sized enterprises in …
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NERC seeks firms to promote meter policy – Daily TrustThe Nigerian Electricity Regulatory Commission (NERC) will today open bids for broadcast firms it hopes to contract to produce jingles that will publicize the regulation on Meter Asset Providers (MAPs), about 12 months after its approval. NERC initiated the MAP Regulation in 2017, approved it in March 2018 while it came into effect on April …
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Firm commissions 4bn remodelled Kubwa market – Daily TrustThe old Kubwa market has been remodelled and commissioned by H&I Construction Ltd in conjunction with the Bwari Area Council. Speaking yesterday at the commissioning of the market now known as Maitama Ultra-Modern Market, the Director H&I Construction Ltd, Engr. Rabiu Sidi, said the market was upgraded to a total of 1,467 new shops, warehouses …
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BPE sets up c’ttees to unearth challenges of privatised firms – Daily TrustThe Bureau of Public Enterprises (BPE) has inaugurated four different committees to come up with a mechanism for addressing the complexities and challenges hindering the growth and development of some privatised enterprises in the country which were handed over to core investors over 10 years ago. This is in a determined effort to ensure that …
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Patronize our shipping firm, Baru tells fuel supply partners – Daily TrustThe Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, has urged partners involved in the Direct Sale Direct Purchase (DSDP) scheme of the corporation to patronize NIDAS Ltd the NNPC shipping subsidiary, so as to ensure sustained profitability of the shipping company.
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Ogoni clean up: Oil firms pay 42.1bn into Escrow account – Daily TrustInternational Oil Companies (IoCs) have so far contributed about $117 million (About 42.1bn) of the expected $200m into the London escrow account of the Standard Chartered Bank for the $1 billion Ogoni clean up. The Programme Manager, Civil Society Legislative Advocacy Centre (CISLAC), Kolawole Banwo who spoke in Lagos yesterday said, it was separate from …
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