The Managing Director, Shell Group of Companies in Nigeria, Osagie Okunbor, yesterday said the group spent no less than $195.5 million on social investments in the country last year.Okunbor, who is also Shell Country Chair, disclosed this in an interactive session with reporters in Lagos.He said the amount made Nigeria the largest concentration of

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The Bank of Industry (BoI) and the Abia State government have signed  a Memorandum of Understanding (MoU) to inject N1 billion into the Small and Medium Enterprises (SMEs) sector of the state.The fund will be made available to deserving entrepreneurs in the state to boost their value addition processes, expand their production  and make

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Sahara Foundation has adopted what it tagged ‘extrapreneurship strategy’ to drive integrated economic empowerment programmes.The programmes will see strategic partnerships and support for innovative, scalable business ventures where 12 million people are expected to benefit.Sahara Foundation is the corporate responsibility vehicle

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The list of International Oil Companies (IOCs) wishing to build refineries in Nigeria has swollen with the latest interest coming from Petrocam, a South African-based oil firm. The company, which is known in crude oil trading in Africa and beyond, said its decision was borne out of the need to explore opportunities in crude oil processing in

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