Nigeria Liquefied Natural Gas Limited (NLNG) has signed the Engineering, Procurement and Construction (EPC) contracts for its over $10 billion Train 7 Project with the SCD JV Consortium comprising affiliates of Saipem, Chiyoda and Daewoo. According to NLNG’s General Manager, External Relations, Eyono Fatayi-Williams, the execution of the EPC contracts […]

The Lagos State government said it would not tolerance any illegal property development across the metropolis. The Commissioner for Physical Planning and Urban Development, Dr. Idris Salako, stated this yesterday on a visit to the Magodo wetland. He said the Ministry of Physical Planning and Urban Development, being responsible for […]

UAC of Nigeria (UACN) Plc has said it would unbundle its ma jority stake from its loss-making property arm UACN Property Development Company (UPDC) by July 2020. In a statement, Group Managing Director, UAC of Nigeria (UACN) Plc, Fola Aiyesimoju, said the plan is, however, subject to COVID-19 disruptions that […]

For the African Chapter of the World Aquaculture Society, fish and other aquatic foods are vital to the food system. The body believes that falling production and delayed stocking of aquaculture system will lead to lower supplies, access, and consumption of fish. As the coronavirus (COVID-19) pandemic continues to spread […]

Muyiwa Lucas The Nigeria Customs Service, Area II Command Onne Port, has made a total revenue collection of N22.95billion between January and March 2020, while also recording seizures of seven containers with a total Duty Paid Value (DPV) of N215.4 million The Command also recorded 1,053,531 metric tonnes with Free […]

By Chikodi Okereocha Flour Mills of Nigeria (FMN) Plc announced on Thursday that it has activated its action plan to support the Federal Government in the fight against the coronavirus pandemic by redeeming its N1 billion pledge to the Central Bank of Nigeria (CBN)-led Nigerian Private Sector Coalition Against COVID-19 […]

FBN Holdings Plc, the holding company for First Bank of Nigeria and its former subsidiaries, has just announced ongoing discussions to fully divest from its insurance business, FBN Insurance Business Limited. In a regulatory filing at the Nigerian Stock Exchange (NSE), FBN Holdings stated that it has started discussions with […]