Mining Sector Gets International Boost With Jupiter Lithium, Bevex’s Processing Agreement
Jupiter Lithium Limited has signed an MOU with South Africa’s Bevex Mining Services to develop modular lithium concentrator plants at…
Day: July 18, 2024
IMF Lowers Nigeria’s 2024 Growth Forecast to 3.1%
The IMF has reduced its forecast for Nigeria’s economic growth in 2024 to 3.1%, down from the earlier estimate of…
Optiva Boss Inducted As WADA Ambassador
Franklin Nechi, Chairman of Optiva Capital, has been inducted as an ambassador for the War Against Drug Abuse (WADA) by…
All New Mining Licences Must Have Local Value — Tinubu
President Bola Ahmed Tinubu has directed the Federal Ministry of Solid Minerals Development to issue mining licenses only if they…
Insurers’ assets hit N3.3trn as premium income rises by 51%
Insurance companies in Nigeria have grown their total assets by 36.9% year-on-year, reaching N3.3 trillion in Q1’24 from N2.4 trillion…
Dangote backs NUPRC on domestic crude supply guidelines
Dangote Industries Limited (DIL) has commended the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) for its interventions in crude supply requests…
Chappal Energies acquires Total E&P 10% stake in SPDC
Chappal Energies announced the acquisition of a 10% non-operated interest from Total Energies, EP, Nigeria Limited, involving onshore and shallow…
Nigeria, Africa Lose $50 Billion Annually to Illegal Financial Outflows
According to Pius Akutah, Executive Secretary/CEO of the Nigerian Shippers’ Council (NSC), Africa loses over $50 billion annually due to…
Petrol landing cost now N1,117/litre – Marketers
The Major Energies Marketers Association of Nigeria (MEMAN) revealed that as of July 16, 2024, the landing cost of Premium…
Sterling Bank, Lagos partner on ‘Ilera Eko’ health initiative
Sterling Bank Limited has teamed up with the Lagos State Government through the Lagos State Health Management Agency to introduce…