Federal Government and the United Nations Development Programme, UNDP, has signed a Memorandum of Understand, MoU, on youth employment. Minister of Foreign Affairs, Mr. Geoffrey Onyeama signed the agreement when the acting Resident Representative of the UNDP Mr. Joerg Kuehnel paid him a courtesy call in his office. He said the implementation of the agreement […]
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The Bank of Industry has signed a memorandum of understanding with the Export-Import Bank of China for the provision of a $500 million facility towards the establishment of modular refineries in Nigeria. The establishment of modular refineries is part of the Federal Government’s plan to end importation of petroleum products and to discourage illegal bunkering […]
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The Nigerian Maritime Administration and Safety Agency, NIMASA, has renewed the security Memorandum of Understanding, MoU, with the Nigerian Navy. Speaking at the official handing over ceremony of its Search and Rescue helicopter, Executive Director, NIMASA’s Operation, Mr Rotimi Fashakin, confirmed the development adding that the partnership with the Navy has been very effective, effectual […]
Read More The Federal Government has signed a Memorandum of Understanding (MoU) with the African Risk Capacity (ARC) to work together to address the impact of extreme weather events in Nigeria, including training support to government personnel. The signing ceremony, which happened on the margins of the annual meetings of the African Development Bank, in Busan, Korea, […]
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The Association of Stockbroking Houses of Nigeria (ASHON) has signed a Memorandum of Understanding (MOU) with The Nigerian Stock Exchange (NSE), strengthening preparation for seamless take-off of the proposed Lagos Commodity and Futures Exchange, (LCFE). The MoU, which was signed in Lagos by ASHON’s Chairman, Mr. Patrick Ezeagu and The Exchange’s Chief Executive Officer, Mr […]
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The Nigerian Communications Commission, NCC, is collaborating with the Central Bank of Nigeria (CBN) on how to curb mobile banking fraud in both banking and telecom sectors. The Head of Zonal Operations Department at NCC, Mrs. Helen Obi, disclosed this yesterday during the consumer conversation held at Government Secondary School, Lugbe, Abuja. She said collaboration […]
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The Bayelsa State Government has signed a Memorandum of Understanding, MoU, with Rehoboth refinery for the construction of 60,000 barrels per day modular refinery. The plant is targeted at increasing the nation’s refining capacity to grow its economy and local refining. Addressing newsmen after the signing in Lagos, Commissioner for Trade, Industry and Investment, Bayelsa […]
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The Nigerian Economic Summit Group, NESG, yesterday, signed a Memorandum of Understanding (MoU) with the Nigerian Governors’ Forum, NGF, to facilitate dialogue and develop joint programmes geared towards promoting sub-national competitiveness as a national economic development strategy. The MoU was signed on the sidelines of the on-going 23rd edition of the Nigerian Economic Summit. Chief […]
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Communities hosting ExxonMobil crude oil exploration and production activities in Akwa Ibom State are demanding the relocation of the company’s headquarters from Lagos to Eket. The communities are equally seeking for the speedy implementation of the various Memorandums of Understanding (MoUs) sealed between the oil firm and the communities. A communiqué issued by the oil […]
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The Benin Electricity Distribution Plc has announced the signing of a Memorandum of Understanding with Thames Energy Limited and the Delta State Government on the construction of a 20 megawatts power plant in the area. According to correspondence, the BEDC said in a statement that the initiative was aimed at ensuring that over 200 commercial […]
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The Dangote Group has announced the signing of a Memorandum of Understanding with the Kano State Government for the proposed 100 megawatts Dangote-Black Rhino solar power plant. The conglomerate said in a statement that the formal agreement for the project was reached on Thursday at the office of Secretary to the Kano State Government, Usman […]
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The Vice Chairman, Senate Committee on the Capital Market, Senator Festus Ogwuma, has announced that the bill to expand the scope of operations of the Chartered Institute of Stockbrokers (CIS) to serve as the hub of all professional associations in Nigeria was on the verge of being passed into law. This was as the Finance […]
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