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SUNREF provides $70m fund for Nigerian manufacturers

Ihesiulo Grace 26 February 2021 0

Joy Obakeye The Sustainable Use of Natural Resources and Energy Finance (SUNREF), a green financing line for businesses developed by the French Development Agency (AFD) and the Manufacturing Association of Nigeria (MAN), has created a $70 million low-cost debt financing funding facility for

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Fears spread as gas explosion rocks Rivers community

Ihesiulo Grace 7 January 2021 0

The Rivers State Government and the National Oil Spill Detection and Response Agency have said they will investigate the gas pipeline explosion, which shattered the serenity of Oduoha and Elibrada communities in the Emohua Local Government Area of the state earlier this week. Sources told our correspondent that the rupture occurred around 3am, resulting in […]

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Transcorp Group unveils new strategic vision for improved dividends

Ihesiulo Grace 30 April 2020 0

…Achieves N76.35bn turnover, N7.90bn PBT Transcorp Group, Nigeria’s leading listed conglomerate, the largest power generator in Nigeria, operator of sub-Saharan Africa’s largest hotel and a growing natural resources player has unveiled new strategy to grow earning powers of shareholders in dividends. The President/Group CEO of Transcorp, Owen Omogiafo who set out the

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BPE targets over N270bn from transactions in 2020

Ihesiulo Grace 13 February 2020 0

Bureau of Public Enterprises (BPE) says plans are underway to generate N270.79 billion from its 20 transactions in 2020. The Director-General, BPE, Mr. Alex Okoh, disclosed this at a breakfast meeting with newsmen on Wednesday in Abuja. Okoh explained that N3.94 billion would be spent out of the money in the cause of executing the […]

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Bauchi to vaccinate 1.6m livestock against contagious diseases – Agric Commissioner

Ihesiulo Grace 5 December 2018 0

The Bauchi State commissioner of Agriculture and Natural resources, Barrister Yakubu Kirfi has disclosed that not fewer than 1.6 million livestock have been targeted for vaccination against contagious diseases in the state. The commissioner who stated this at the flagging off ceremony of 2018 Livestock vaccination campaign in Chinade on Monday said, “1.6 million

Headlines News

We won’t condone abuse of N350bn natural resources fund- Dogara

Ihesiulo Grace 18 May 2018 0

The Speaker of the House of Representatives, Hon Yakubu Dogara, has disclosed that the parliament will not condone diversion or abuse, in whatever guise, of the N350billion natural resources funds to areas that are outside its core mandate. Speaking in the National Assembly, at the investigative hearing of the adhoc committee on the Utilisation of […]