Business

Two sets of alternative financing agreements on Joint Venture (JV) projects to boost reserves and production in line with government’s aspiration were executed in London on Monday between the Nigerian National Petroleum Corporation (NNPC) and two of its JV partners: NNPC/Chevron Nigeria Limited (CNL) JV and NNPC/Shell Petroleum Development Company (SPDC) JV.

Two sets of alternative financing agreements on Joint Venture (JV) projects to boost reserves and production in line with government’s aspiration were executed in London on Monday between the Nigerian National Petroleum Corporation (NNPC) and two of its JV partners: NNPC/Chevron Nigeria Limited (CNL) JV and NNPC/Shell Petroleum Development Company (SPDC) JV.

He profited in early trading from the e-commerce company’s meteoric stock rise to reach a fortune of 90.6 billion dollars, Forbes reported. Gates is worth $90.1billion.

The Senator representing Delta central senatorial district, Obarisi Ovie Omo-Agege in continuation of his empowerment programme, Saturday, empowered 200 market women and 200 Okada riders in Sapele, Delta State to the tune of N8million.

The Federal Government in an attempt to end the existing dichotomy between holders of University degrees and Higher National Diploma in all the Para-military services, has approved equal salary scales for both carders on level 8.

The N150 million financial empowerment programme of the APC Senator saw the first sets of beneficiaries; 200 Okada riders and another 200 petty traders at the Ughelli Main Market go home with N20, 000 each to boost their business.

New facts are beginning to emerge to show that contrary to the narrative of the Delta State Governor, Dr. Ifeanyi Okowa on the circumstance which led to the cancellation of the Olori wildlife pack project, the governor might not have told Deltans the whole truth.

The Federal Government of Nigeria, 36 states and the 774 local councils in the country, shared an extra N46.6 billion in May; bring the total revenue shared to the three tiers of government to N462.4 billion.

Owners of Etisalat Nigeria has begun changes in shareholding in line with its restructuring measures to hand it over to a consortium of financial institutions, led by Access Bank with effect from June 15, over its huge debt.

Department of State Services (DSS) has released from Dr. Ifeanyi Ubah, the Managing Director of Capital Oil and Gas Limited from detention after several weeks.