Oyedele at UNGA: ‘Africa needs affordable capital to finance infrastructure’
The Minister of Finance and Coordinating Minister of the Economy, Mr. Taiwo Oyedele, has called for a major shift in the global approach to financing Africa’s development, urging the international community to make affordable, long-term capital available for infrastructure and energy projects across the continent. Oyedele, who made the call at the United Nations Dialogue […]
Air Peace spreads wings to 3 more countries
Nigerian carrier, Air Peace, is set to spread its wings to three more West African countries, with inaugural flights from Lagos to Freetown in Sierra Leone, Banjul in The Gambia and Dakar, Senegal on Feb 19.
NNPC faults Senate, exonerates Total from inflating $16bn Egina project
The Nigerian National Petroleum Corporation, NNPC, Tuesday, exonerated Total Upstream Nigeria Limited, TUPNI, from inflating the cost of the Egina project, stating that from inception the project had been agreed at $16.35 billion.
Nigerian Stock Exchange: Fidelity Bank, A.G Leventis lead N187bn losses
Heavy sell-offs in the shares of 43 companies led by Fidelity Bank Plc, A.G Leventis, Linkage Assurance, Transcorp Plc and FBN Holdings Plc, today resulted in N187 billion losses in investors’ wealth.
NEITI berates NNPC, DPR, accuses oil firms of manipulating data
THE Nigeria Extractive Industries Transparency Initiative, NEITI, has berated the Nigerian National Petroleum Corporation, NNPC, Department of Petroleum Resources, DPR and oil and gas companies operating in the country, for inconsistencies in Nigeria’s crude oil production and lifting data.
Akwa Ibom woos oil, gas firms to invest in Ibom Deep Seaport
The Akwa Ibom State Government has started wooing local and foreign investors to invest in Ibom Deep Seaport in order to harness commercial oil reserves in the area.
