26 March 2019
Govts, private sector to seal $1.2bn investment deal: Not less than $1.2bn worth of projects will be sealed by a number of African countries and private sector operators at the ongoing 7th edition of the African CEO Forum in Kigali, Rwanda.(Source:Punch)
NEPC moves to address impediments to non-oil export: The Nigerian Export Promotion Council on Monday met with stakeholders in the non-oil sector in order to address some of the impediments in the sector.(Source:Punch)
New terminals: Aviation ministry seeks Senate nod for $461.8m loan: The Ministry of Aviation on Monday appealed to the Senate to approve additional $461.8m loan for it to hasten the completion of the new terminals under construction across the country.(Source:Punch)
Metering is your responsibility, NERC fires back at Discos: The Nigerian Electricity Regulatory Commission has said the obligation to ensure that all electricity consumers have meters remained with the electricity distribution companies under Meter Asset Provider Regulations 2018.(Source:Punch)
CIBN changes exam dates: The Chartered Institute of Bankers of Nigeria says its April 2019 diet of the Banking Professional and Certification Examinations earlier scheduled for April 9 to April 11, 2019 has been rescheduled to hold from Wednesday April 24 to Friday April 26, 2019.(Source:Punch)
NASCON Posts N4.4bn Profits; to pay 100k Dividend: The management of NASCON Allied Industries, a member of the Dangote Group over the weekend released its financials for the year ended December 31, 2018 with revenue of N25.8 billion and a profit after tax of N4.4 billion.(Source:Thisday)
New Gas Commercialisation Plan Seeks to End Flaring in Three Years: The new framework – the Nigerian Gas Flare Commercialisation Programme (NGFCP), initiated by the federal government to monetise the volume of gas flared in Nigeria’s oil fields is expected to ensure that wasteful practice ceases to exist in the country within three years from when it becomes operational.(Source:Thisday)
You Must Patronise SON Management Systems Certification, FG Warns MDAs: In appreciation of the innovative roles and the application of global best practices that the Standards Organisation of Nigeria (SON) under the leadership of Osita Aboloma is known for, the federal government has directed all its Ministries, Departments and Agencies to henceforth patronise the internationally accredited services of the organisation for the certification of their management systems and processes.(Source:Thisday)
Stock market reverses previous gains as indices plummet by N36b: Following price losses incurred by most highly capitalised stocks, transactions on the equities sector of the Nigerian Stock Exchange (NSE) reopened on a negative note, as market capitalisation plunged by N36 billion.(Source:The Guardian)
Nigeria showcases $48 billion upcoming oil, gas projects to investors: The Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, yesterday said $48billion oil and gas investment opportunities have been identified in the country.(Source:The Guardian)
Shell, UBA sign $200m contractor support fund: The Shell Petroleum Development Company of Nigeria Limited, SPDC, has upped its contractor support fund with $200 million in a latest effort to boost the financial capacity of vendors and suppliers in Nigeria’s oil and gas industry.(Source:Vanguard)
Piling pressure on May, EU executive says no-deal Brexit plans complete: EU officials said on Monday they had completed their plans for what they saw as an increasingly likely no-deal Brexit, piling pressure on British Prime Minister Theresa May as she battled to persuade her own lawmakers to back a divorce agreement.(Source:Reuters)
Oil prices mixed on economic slowdown fears, supply hopes: Oil prices were mixed on Monday, as concerns about a slowdown in global economic growth lingered, offset by the prospect of tighter U.S. crude supply.(Source:Reuters)
Reporting for EasyKobo on Tuesday , 26 March 2019 in Lagos, Nigeria