Business

Cardoso, Oyedele sign Monetary-Fiscal policy coordination MOU

Cardoso, Oyedele sign Monetary-Fiscal policy coordination MOU

By Emma Ujah, Abuja Bureau Chief The Central Bank of Nigeria (CBN) and the Federal Ministry of Finance have signed a Memorandum of Understanding (MOU) on Monetary-Fiscal Policy Coordination to strengthen their partnership in the pursuit of stronger macroeconomic management, lasting economic stability and sustainable prosperity for all Nigerians. The Governor of the CBN, Mr. […]
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Azikel Refinery to process 12,000bpd by 2019

Azikel Refinery to process 12,000bpd by 2019

THE capacity of Nigeria to refine petroleum products for domestic consumption is set to rise by 12,000 barrels per day, bpd as Azikel Petroleum, an indigenous company has promised to complete its refinery in 2019.

FPSO to be fully integrated in 8yrs — Wabote

FPSO to be fully integrated in 8yrs — Wabote

With the arrival of Egina floating production storage and offloading, plans are underway to develop local capacities to execute full fabrication and integration of floating production storage and offloading, FPSO vessels in-country within the next eight years, the Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Mr.Simbi Wabote has said.