Shell, supported by the Nigerian National Petroleum Corporation, has signed Memoranda of Understanding with eight local banks under the refreshed Shell Contractors’ Support Fund. The oil major, in a statement on Sunday, described the development as the latest milestone in efforts to improve access to finance for Nigerian vendors and suppliers in

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The Nigerian Communications Commission (NCC) has warned subscribers against patronising sellers of pre-registered subscriber identity module (SIM) cards. It warned that fines and jail terms awaited people caught using such SIM cards as it is criminal to do so. Its Executive Vice Chairman, Prof Garba Dambatta, said rather than patronise the criminals,

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The Federal Government is pushing to end the era of Joint Venture (JV) Cash Calls with oil majors by next year, the Minister of State, Petroleum Resources, Dr. Ibe Kachikwu, has said. Kachikwu, who stated this while briefing State House correspondents after making a presentation to the National Economic Council (NEC) meeting, yesterday, said

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Property ownership in Lekki may after all not be an exclusive preserve of the rich. With N500, many including the poor, can now own property in Lekki courtesy of ChannelDrill Resources, promoters of the $300 million Imperial City project. The firm’s Managing Director/Chief Executive Officer, Mr. Femi Akioye, said the “Imperial City Promo” is a

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The Minister of State for Petroleum Resources, Dr. Emmanuel Ibe Kachikwu, yesterday advocated for the speedy rehabilitation of the nation’s refineries, to skip their being sold as scraps. He warned that if urgent measures were not taken before the Dangote Refinery becomes operational, the nation’s four refineries might be sold as scraps in 2019.

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BlackBerry users in Nigeria and across the world will now not be able to use WhatsApp on their devices from June 30, 2017 instead of the earlier date of December 31, 2016. WhatsApp stated this on Wednesday when it updated its support page, adding that it would now end its support on the BlackBerry software platform mid next year. It stated

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The United States Agency for International Development (USAID) has signed an agreement with Chi Farms Limited to empower over 6,000 small holder fish , soya bean and maize farmers. The project is expected to add over 4,000 metric tonnes of catfish to the local markets yearly. Executive Director, Chi Farms Limited, Martin Middernacht, said the

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