CBN unveils new FX guidelines, approves cash movement of $50,000
By Emma Ujah, Abuja Bureau Chief The Central Bank of Nigeria (CBN) has issued fresh Foreign Exchange Guidelines which provides that an individual can move cash of up to $50,000, but must be declared at the point of exit. The bank also retained the earlier provision for the movement or import of cash of up to […]
NNPC encourages indigenous participation in upstream
The Nigerian National Petroleum Corporation, NNPC, is intensifying efforts to encourage indigenous participation in the upstream sector of the Nigerian Oil and Gas Industry.
PETAN mobilises 2,000 delegates for OTC
AS Nigerian oil and gas industry gears up for this year’s edition of the annual Offshore Technology Conference (OTC) scheduled to take place in Houston , Texas, the umbrella body of indigenous petroleum and oil service companies, Petroleum Technology Association of Nigeria (PETAN) has announced that over 2000 delegates have been mobilised by the Association to attend the conference which commences by the end of April.
FG hinges solid minerals development on transparency
Federal Government has said that collaboration between relevant stakeholders in a transparent manner would facilitate exploration, exploitation, value addition and sustainable development of the minerals and metal sector of the country.
Agric transformation: FG targets N1.25bn fish feed per annum
Minister of State for Agriculture and Rural Development, Mr Bukar Tijani, has said that the Agricultural Transformation Agenda of the ministry would produce N1.25 billion worth of fish feed per annum.
Okonjo Iweala and her vision for World Bank
Women have less ego. When it comes to doing my job, I keep my ego in my handbag”. These were the words of Nigeria ‘s Coordinating Minister of the Economy and Finance Minister, Dr. Ngozi Okonjo-Iweala, who was nominated for the World Bank topmost seat by Angola , Nigeria and South Africa.
