The Federal Government on Thursday signed agreements with ten companies for the construction of gas processing plants and other gas supply infrastructures. The joint venture investment agreements were signed in Abuja between the Midstream and Downstream Infrastructure Fund (MDIF) and the 10 gas infrastructure promoters. The agreements include the Joint Venture and Operating Agreement, the Joint […]

President Bola Tinubu’s former campaign spokesman in the south east, Dr. Josef Onoh has extolled the virtues of the former Governor of Enugu State, Senator Chimaroke Nnamani in the 65th Birthday of the pan statesman. Onoh recalled with emotion how his former boss (Nnamani) have cared for him and refused to take any appreciation for […]

By Peter Egwuatu   The Securities and Exchange Commission (SEC) has renewed warning on the dangers of Ponzi schemes, highlighting their devastating impact on investor confidence, financial stability, and the Nigerian capital market.  This was the central theme of a paper titled “Ponzi Schemes: Avoiding the Pitfalls of Illegality” presented by Head of the Enforcement Department of […]

By Emma Ujah,  Abuja Bureau Chief The Federal Government (FG) has clarified its 2024-2026 External Borrowing Plan submitted to the National Assembly on Tuesday, saying that it was essential for the implementation of the 2024-2026 Medium Term Economic Framework (MTEF). The Federal Ministry of Finance said in a statement yesterday that the borrowing plan was for the […]

A group, Justice & Equity Forum, has expressed displeasure with the composition of membership of the South West Development Commission, SWDC, saying that it doesn’t reflect the principle of federal character. According to the group in a statement by its coordinator, Kehinde Adebayo, the composition doesn’t only throw equity away, it shows that the many […]