Business

$1trn economy: NACCIMA woos Chinese investors to boost industrialisation

$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, […]
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FG canvasses investment in solar

FG canvasses investment in solar

VICE President Yemi Osibanjo, has said the Federal Government is set to spearhead investment in solar technology, both at utility scale and solar-to-home solutions.

PPMC sold N66bn worth of petrol in February

PPMC sold N66bn worth of petrol in February

The Pipelines and Product Marketing Company, PPMC, sold Premium Motor Spirit, PMS, also known as petrol, valued at N66.134 billion in the month of February 2016, the Nigerian National Petroleum Corporation, NNPC, has said.

Total ramps up JV production to 190kb/d

Total ramps up JV production to 190kb/d

NIGERIA unit of French oil giant, Total Exploration and Production, E&P, Nigeria Limited, said crude oil production from its joint venture, JV operations is now about 190,000 barrels per day, kp/d. The production volume, it said, is made up of 105kb/d liquids and 85kb/d gas.

Nigeria earns N632.37bn from LNG in 2015

Nigeria earns N632.37bn from LNG in 2015

DESPITE the dwindling prices of oil and gas in the international market, Nigeria earned about $3.21 billion or N632.37 billion in 2015, through the liquefied natural gas, LNG, project, going by the exchange rate of N197 to a dollar.

Companies can hedge risk through dual listing — NSE CEO

Companies can hedge risk through dual listing — NSE CEO

Companies that list their shares on two separate stock exchanges around the world have the advantage of diversifying their risk, says the Chief Executive Officer of the Nigerian Stock Exchange, NSE, Mr. Oscar Onyema.

Nigeria loses N127bn annually to cyber-crime — NSA

Nigeria loses N127bn annually to cyber-crime — NSA

THE National Security Adviser, NSA, Major-General Babagana Monguno(retd), yesterday, disclosed that Nigeria lost N127bn to cybercrime through software piracy, intellectual property theft and malware attacks between 2013 and 2014.