PenCom to commit N300bn into infrastructure investment
By Rosemary Iwunze The National Pension Commission, PenCom, said it is targeting a total capital commitment of N300 billion to deepen critical infrastructure investment across Nigeria, with actual asset deployments set to commence by the second quarter of 2027. Speaking to the media at the backdrop of the Pension Industry Leaders Council (PILC) meeting in […]
NEXTZON facilitates cross border trade alliances
By Peter Egwuatu NEXTZON Business Servic es Limited, one of the Nigeria’s leading enterprise building firm is breaking new grounds in forging cross border trade alliances as it recently facilitated the visit of a Brazilian Trade Mission to Nigeria.
Beta Glass plans further expansion into West Africa’s markets
By Michael Eboh Beta Glass Plc, as parts of plans to further consolidate its growth plans, has announced its decision to further expand its operations and market in the West Africa sub-region, in order to maintain its position in the packaging industry in the continent. Speaking during its Annual General Meeting in Lagos, Tuesday, the […]
No deal yet on firms for Sahara gas
Three foreign companies, Russia’s Gazprom, France’s Total and Italy’s Eni are among several others companies that have indicated interest in participating in the $10 billion Trans Sahara gas pipeline project, Khelil Algerian Energy and Mines Minister Chakib Khelil has disclosed in Daho.
Oil rises above $72, after hitting 8-month high
Oil prices rose above $72 a barrel on Tuesday, paring gains after earlier jumping more than 2 percent on unprecedented Asian trading volumes. Trades in Brent and then U.S. crude oil futures surged to more than 10 times the norm for the Asian time zone as prices leapt more than $1.50 The jump was led by a sudden spike in Brent buying pinned on fund positioning.
Labour lambasts FG over non-release of N70b textile revival fund
TEXTILE, Garment and Tailor ing Senior Staff Association of Nigeria (TGTSSAN), has decried the failure and inability of the Federal Government to effect the three release of the much talked about N70 billion Textile industrial revival fund years after the federal government promised the fund, saying it shows unwillingness of government to revive the industry.
