FG urges investors to leverage African space sector for emancipation

By Ijeoma Olorunfemi The Federal Government has urged investors to leverage opportunities in the African space sector for its liberalisation, saying that the continent is strategically positioned to deliver space-based services to the world. Mr Uche Nnaji, Minister of Innovation, Science and Technology, said this on Monday at the openingContinue Reading

Legislators promise succour for Olokuta residents in Abeokuta over deplorable road

By Yetunde Fatungase Succour seems to have emerged for residents of the Olokuta area in Abeokuta as some National Assembly members have been looking into their matter. Investigation by the News Agency of Nigeria (NAN) indicate that the federal legislators have expressed readiness to take action on the deplorable stateContinue Reading

Banks to embark on new recapitalisation drive soon – Experts

By Rukayat Adeyemi Experts have expressed optimism that the banking industry would soon embark on new recapitalisation drive owing to the current economic realities in the country. They said this at the official launch of Proshare Impact Report on Nigeria’s banking sector titled: ‘Reassessing Tier 1 Banks – The ClassContinue Reading

NUPRC constitutes committee to address inactive oil blocks

By Emmanuella Anokam The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has constituted a committee to address issues bordering on inactive crude oil blocks in order to reverse the trend. Dr Kelechi Ofoegbu, Executive Commissioner, Economic Regulation and Strategic Planning, NUPRC, made this known at its Consultation Forum on Friday inContinue Reading

Minister inspects AKK gas pipeline project, tasks contractor on completion

By Emmanuella Anokam The Federal Government has directed the contractor handling the Ajaokuta-Kaduna-Kano (AKK) Natural Gas Pipeline Project to ensure completion and deliver the project on time. Mr Ekperikpe Ekpo, Minister of State for Petroleum Resources (Gas), gave the charge on Thursday while inspecting the AKK project sites in PAIContinue Reading