$1trn economy: NACCIMA woos Chinese investors to boost industrialisation
By Yinka Kolawole The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) has announced the third edition of its Business and Investment Forum in Guangzhou, China, as part of efforts to attract sustainable foreign direct investment (FDI) and support the Federal Government’s ambition of building a $1 trillion economy by 2030. The forum, […]
Rural electrification: Many communities still grope in darkness
When the Nigeria Rural Electrification Programme was launched in 2005, the Federal Government aimed to connect about 1,500 communities to the national grid by 2007, and to achieve 85 percent electrification by 2010 (compared to 40 percent in 2005).
Privatisation: BPE releases PHCN bid documents
In keeping with the revised timeline for the privatisation of the successor companies created from the unbundling of Power Holding Company of Nigeria (PHCN), the Bureau of Public Enterprises (BPE) has released the final industry and transaction documents to the 152 potential investors interested in the privatisation exercise.
Oil prices likely to stay high despite good supply – IEA
The International Energy Agency (IEA) said that tension between Iran and the West is likely to keep oil prices high despite a dramatic improvement in world supply and a big build in stocks.
Shell finds two oil leaks in Nigeria’s Delta
Royal Dutch Shell said it found two fresh onshore oil pipeline leaks in Nigeria’s Delta region last week, three days after the company declared force majeure on exports of the high grade Bonny Light crude due to outages caused by oil theft.
OTC boosts Emval Group business
Contrary to speculations that Nigerian companies participation in the annual Offshore Technology Conference, OTC, in Houston Texas, US, is more of a jamboree than business development, Emval Holdings Limited, has said that participation in the conference has brought it vast business opportunities.
