The World Bank Group says it is helping to mobilise up to 5.79 billion dollars in private financing to accelerate Nigeria’s economic transformation, expand infrastructure and create employment opportunities. According to the News Agency of Nigeria (NAN), the Bretton Woods institution disclosed this in a report published on Sunday, outliningContinue Reading

  … as AMR links to 64,500 deaths, threatens food security Nigeria will host the global conference on Antimicrobial Resistance (AMR)for the first time on African soil with the event expected to provide opportunities to strengthen international cooperation and accelerate action against a growing threat to public health, food securityContinue Reading

  The National Security Adviser (NSA), Nuhu Ribadu, has unveiled a new security framework for Nigeria’s oil and gas industry to strengthen the fight against crude oil theft, pipeline vandalism, illegal refining and other criminal activities threatening the country’s petroleum assets.   The framework, known as the Standard Operating ProcedureContinue Reading

Dangote Petroleum Refinery and Petrochemicals has extended the application period for its initial public offering (IPO) by two weeks to October 27, citing strong investor interest across Africa and efforts to widen access to the share sale, Reuters reports. The company said on Monday that the Securities and Exchange CommissionContinue Reading

The federal government has moved to strengthen surveillance of Nigeria’s territorial waters through a partnership with Norway, seeking to curb illegal fishing by foreign operators, protect local fish production and reduce dependence on imports. The initiative will provide Nigeria with access to satellite-based vessel-tracking data to identify suspicious maritime activities,Continue Reading

  The Securities and Exchange Commission (SEC), Nigeria, has intensified its nationwide campaign to promote financial literacy, strengthen investor protection and expand participation in the Nigerian capital market through its Capital Market Awareness, Unclaimed Funds and Investor Education Outreach Programme. The latest edition of the programme held in Lafia, NasarawaContinue Reading

The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has faulted the federal government’s directive that the Nigerian National Petroleum Company Limited (NNPCL) cut its petrol pump price, saying capping the price departs from the law. National president of PETROAN, Dr Billy Gillis-Harry, told LEADERSHIP that the Petroleum IndustryContinue Reading