The Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti  Baru, yesterday said $48billion oil and gas investment opportunities have been identified in the country. Speaking on ‘Insights on Future Exploration Hotspots: Opportunities for Africa’s Oil & Gas Industry, at the 2019 International Petroleum Week conference in London, Baru urged investors to invest in…

NEPC moves to address impediments to non-oil export

The Nigerian Export Promotion Council on Monday met with stakeholders in the non-oil sector in order to address some of the impediments in the sector. The meeting held at the headquarters of the NEPC was specifically targeted at ensuring that Nigerian exports meet requisite international standards. Speaking at the event, the Executive Director/Chief Executive, NEPC,…

At NBCC forum, envoy woos stakeholders to Brexit opportunities

The Nigerian-British Chamber of Commerce (NBCC) has engaged stakeholders and member partners of the commission to a quarterly advocacy group breakfast session, ahead of the United Kingdom’s planned exit from the European Union.The move was to discuss impact and opportunities for key stakeholders within the Nigerian and British business communities in relations to trade in…

Nigerian Govt Clarifies 27 Businesses to Enjoy Tax Break Under Pioneer Status

The federal government on Monday gave clarifications on businesses that would qualify to enjoy pioneer status under the additional 27 new industries and products approved last week by the Executive Council of the Federation, FEC. The Executive Secretary, Nigeria Investment Promotion Council, NIPC, Yewande Sadiku, told PREMIUM TIMES in an exclusive interview in Abuja that…

Nigeria to benefit from UK’s £1.2bn digital inclusion fund

Nigeria is set to benefit from £1.2bn intervention fund, which the British government plans to pour into a number of countries to bridge access to communication. The Executive Vice Chairman, Nigerian Communications Commission, Prof. Umar Danbatta, disclosed this following a meeting with a team from the United Kingdom’s Department of Foreign and International Development. Source:…

Nigeria, UK Sign Agreement on Economic Development Forum

Nigeria and Britain on Wednesday in Abuja signed two agreements on Defense and Security partnership as well as Economic Development Forum. Speaking briefly before signing the agreements, President Muhammadu Buhari stated that Nigeria and the United Kingdom would continue to enhance their cooperation in tackling corruption and reducing poverty. The Nigerian leader lauded the British…