Indonesia to build refinery in Nigeria

By Etuka Sunday The Federal Government’s plan to attract investment in modular refineries as part of efforts to boost local refining capacity has started gaining momentum with an Indonesian firm, PT Intim Perkasa Nigeria Ltd, a subsidiary of PT Intim Perkasa, Indonesia, indicating interest to build a refinery in Nigeria. Mr. Adi Hartadi, the Head More...

by Peoples Daily | Published 1 day ago
By Peoples Daily On Thursday, June 22nd, 2017
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SEC commends DMO, CBN, PENCOM on Sukuk

By Etuka Sunday The Securities and Exchange Commission (SEC) has commended the Debt Management Office (DMO) onarrangements to issue the maiden N100.0 Billion Sukuk in the Nigerian Capital Market. SEC said in a statement More...

By Peoples Daily On Thursday, June 22nd, 2017
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BPE gives Lead Capital 60 days to conclude strategic equity investment

Bureau of Public Enterprises (BPE) By Etuka Sunday The Director-General of the Bureau of Public Enterprises (BPE), Mr. Alex A. Okoh, has given Lead Capital Consortium a deadline of 60 calendar days to conclude the More...

By Peoples Daily On Thursday, June 22nd, 2017
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Transcorp Hilton organizes Iftar for Muslims Media Practitioners in Abuja

By Musa Adamu Inline with its tradition of felicitating with Muslims in the month of Ramadan , Nigeria’s prestigious Hotel, Transcorp Hilton, Abuja, has treated members of Muslims Media Practitioners ( MMP,Abuja) More...

By Peoples Daily On Tuesday, June 20th, 2017
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NASS set to unmask Powerful Nigerians behind N17bn NERFUND loan-Source

By Etuka Sunday The House Ad-Hoc Committee on federally owned Development Finance Institutions (FDIs) may have concluded plans to unmask the heavy debtors of the Nigerian Economic Reconstruction Fund (NERFUND), More...

By Peoples Daily On Tuesday, June 20th, 2017
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Oil Pipeline Vandalism drops by 12%-NNPC

By Etuka Sunday The extensive engagement with oil and gas community stakeholders embarked upon by the Federal Government and the Nigerian National Petroleum Corporation, NNPC has continued to yield positive results More...

By Peoples Daily On Tuesday, June 20th, 2017
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FG hands over Apapa Wharf road to Dangote, FMN for repairs

By Etuka Sunday Succor will soon come to users of Apapa Wharf road as Federal government handed over the troubled road to Dangote Industries Limited and Flour Mills of Nigeria (FMN) for immediate reconstruction More...

By Peoples Daily On Tuesday, June 20th, 2017
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CBN injects $195m into FOREX Market

…announces retail option By Etuka Sunday Following its intervention in the inter-bank Foreign Exchange Market, last week, to the tune of over $800 million, the Central Bank of Nigeria (CBN) on Monday, June 19, More...

By Peoples Daily On Friday, June 16th, 2017
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CBN moves against Inflation, mops up N200bn in Special OMO

By Etuka Sunday In its latest move to further rein in inflation, the Central Bank of Nigeria (CBN) has unveiled plans to mop up a total of N200.322 billion from the Nigerian banking system through a special Open More...

By Peoples Daily On Friday, June 16th, 2017
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Dangote urges FG to evolve effective policy regulation on Mining

By Etuka Sunday The Dangote Cement, has urged Federal Government, to provide effective policy regulation to guide investment and operational aspects of Mining, to mitigate the challenges which places pressure on More...