Oil Companies look into Niger Delta Hydrocarbon Decrease.
In order to conduct research on the decline of hydrocarbons in the Niger Delta, Green Energy International Limited/LekOil Joint Venture…
Day: November 25, 2022
Farmers in the Anchor Borrowers Program receive N1 trillion from CBN.
By 2024, the Central Bank of Nigeria wants 95% of the population to be financially included. The Federal Government has released five strategic policy studies in an effort to achieve the goal. In the meantime, the Anchor Borrowers Program has seen N1.07 trillion distributed to farmers by the CBN More than 4 million smallholder farmers from all 50 states have received concessionary loan facilities since 2015. Nigeria is at a turning point in terms of financial inclusion, according to the Deputy Governor of the Central Bank of Nigeria, Aisha Ahmad, who oversaw the conference’s planning committee. She noted that the nation has advanced in this area, noting that financial inclusion had increased from 53.7% in 2011 to 64.1% now. Punch
Investors Dump Nigerian Stocks as Inflation Rises.
Recently, the equity market in Nigeria has been at the center of the storm. As the All Share Index fell…
FG Calls for Closer Ties with Canada to Advance both Countries’ Trade Objectives.
According to the Federal Government, Nigeria and Canada must collaborate closely to accomplish a number of shared objectives, including enhancing…
Inflation may be Controlled through Fiscal Measures – CPPE
According to the Centre for Promotion of Private Enterprises (CPPE), the Federal Government can use fiscal changes to lessen economic…
Nigeria Needs $410 billion to make the Energy Shift, Says FG
Nigeria’s energy transition plan, according to the Federal Government, needs $410 billion to be completed by 2060 in order to meet problems and maintain policy flexibility. This was expressed at the National Council on Hydrocarbons’ 7th Meeting in Minna by Minister of State for Petroleum Resources Timipre Sylva. “Sylva, who was represented by the Permanent Secretary of the Ministry, Gabriel Aduda, said Nigeria was dedicated to reaching carbon neutrality. The country, according to the minister of state, is about to introduce a state-of-the-art method for mining gold through the Solid Minerals Development Fund. Participants in the oil and gas industry, hydropower, the energy industry, academia, security, and traditional leaders are all reportedly present at the three-day conference. Punch.