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Crude Oil Production: NNPCL, NCDMB, IOCs Seal Pact On Contracting Cycle
The Nigerian National Petroleum Company Ltd (NNPCL) and the Nigerian Content Development and Monitoring Board (NCDMB) have signed a Memorandum of Understanding (MoU) with the International Oil Companies (IOCs) to reduce contracting cycle to an optimal level of not more than 180 working days. A statement issued by the NNPCL on the pact indicated that […]
FG Approves $5.3Bn For Ibadan-Kano Rail Project
Minister of Transportation, Mr. Rotimi Amaechi, on Thursday disclosed that the Federal Government had approved for the execution of Ibadan-Kano standard gauge rail project the sum of $5.3 billion. The disclosure was contained in a statement issued by minister’s Special Assistant Media, Israel Ibeleme, shortly after the 3rd Maritime Stakeholders Interactive Forum held in Lagos. […]
Nonicoms Boss Urges Service Providers To Explore AfCTA’s Benefits
The Managing Director of Nonicoms Telecommunications Limited, Alhaji Umar Abdullahi, has charged telecom service providers in the continent to leverage the benefits of the African Continental Free Trade Agreement (AfCFTA) to grow the sector in the region. The industry top player was quoted in an interview with the News Agency of Nigeria (NAN) on Friday […]