Category: Business

  • Natural Gas is Integral to Climate Solution: 2020 and Beyond

    Natural Gas is Integral to Climate Solution: 2020 and Beyond

    By John D. Siciliano At the recent U.N. climate talks in Madrid, former Secretary of State John Kerry kicked off a new bipartisan climate campaign that includes natural gas as part of the answer in an interesting marriage between political campaign and real-world energy solutions.  The campaign, referred to as World War Zero, will fan out […]

  • Akpabio Decries Gas Flaring,Ecological Crisis in Niger Delta

    Akpabio Decries Gas Flaring,Ecological Crisis in Niger Delta

    The Ministry of Niger Delta Affairs is to partner with National Commission for Refugees, Migrants and Internally Displaced Persons in the provisions of sustainable support to displaced and vulnerable persons in the country. The Minister of Niger Delta Affairs Senator Godswill Akpabio, CON, disclosed this when the Honourable Commissioner of National Commission for Refugees, Migrants and […]

  • Sarki Auwalu is new DPR Director

    Sarki Auwalu is new DPR Director

    President Muhammadu Buhari has approved the appointment of Sarki Auwalu as the substantive Director, Department of Petroleum Resources (DPR). Mr Auwalu’s appointment was announced in a statement by Mr Buhari’s spokesperson, Femi Adesina. Mr Adesina said the new appointee would hold office for an initial term of four years. “Mr Auwalu, a chemical engineer, has […]

  • FAAN Bans Touts from Airports

    FAAN Bans Touts from Airports

    Press release:In line with provisions of the Federal Government’s directive on the Ease of Doing Business, the Federal Airports Authority of Nigeria has directed that apart from FAAN protocol services and the designated Ministry of Foreign Affairs Officers, no individual or agency is allowed to escort Passengers or Conduct any type of protocol  activity after […]

  • Refinery: Finance Minister Hails Dangote,Drums Support for Infrastructure Tax Credit Scheme

    Refinery: Finance Minister Hails Dangote,Drums Support for Infrastructure Tax Credit Scheme

    The Hon. Minister of Finance, Budget & National Planning, Mrs. Zainab Shamsuna Ahmed has called on investors to take on Public-Private Partnership (PPP) opportunities through the Federal Government Road Infrastructure Tax Credit Scheme. The Minister made the call during a tour with Alh. Aliko Dangote of Dangote Group’s Refinery, Deep Water Jetty, Petrochemicals & Fertilizer […]

  • Zulum Pays Workers’ Salaries, Pensions for December

    Zulum Pays Workers’ Salaries, Pensions for December

    Borno state Governor, Prof. Babagana Zulum; has paid the December salaries and pensions of workers to celebrate Christmas and yuletide. A week, to Christmas, salaries and pensions for December, have begun entering respective bank accounts of serving and retired workers. Spokesman to the Governor, Isa Gusau Thursday in Maiduguri, disclosed that the payments followed directives […]

  • How Nigeria Budget Returns to January-December Cycle

    How Nigeria Budget Returns to January-December Cycle

    Nigeria’s President Muhammadu Buhari Tuesday signed the 2020 spending plan into law, returning the country to the January-December budget cycle. At the formal signing ceremony,  the President acknowledging the enormous efforts put into the budget preparations, said: “I wish to acknowledge the efforts of Zainab Shamsuna Ahmed, the Minister of Finance, Budget and National Planning, […]

  • Cape Verde’s Economy Expected to Grow by 5.2% in 2019 – IMF

    Cape Verde’s Economy Expected to Grow by 5.2% in 2019 – IMF

    Cabo Verde’s economy is expected to grow at a rate of 5.2% in 2019, after posting growth of 5.7% in the first half of the year, according to a report drawn up by the evaluation mission of the International Monetary Fund (IMF) published on Monday in Washington. The Mission, headed by Malangu Kabedi-Mbuyi, paid a […]

  • How Electric Vehicle Penetration Impact Global Oil Demand: 2019 Forecast Trends

    How Electric Vehicle Penetration Impact Global Oil Demand: 2019 Forecast Trends

    By Marianne Kah This report summarizes the results of the 2019 survey of global electric passenger vehicle penetration and compares them with the results from the 2018 survey. The author observed many of the same trends in the 2018 and 2019 surveys. None of the passenger vehicle forecasts projected much oil demand growth over the […]