LAGOS APRIL 12TH (NEWSRANGERS)-Reports already predicted Ghana as the fastest-growing economy in the world this year, according to the IMF. The lender’s growth forecast of 8.8 per cent for the producer of cocoa, gold and oil dwarfs the 6.6 per cent median in a media survey. The West African country is expected to become the…
LAGOS APRIL 10TH (NEWSRANGERS)— Speaking at a high-level dialogue in Washington D.C. on the sidelines of the World Bank-IMF Spring meetings, the President of the African Development Bank Akinwumi Adesina, said “It is time to turn around the declining investments of the U.S. in Africa. As the world’s private sector leader, the United States has…
LAGOS APRIL 7TH (NEWSRANGERS)-Shell Companies in Nigeria have emerged the International Oil Company with the most impactful Local Content Initiatives in the upstream category at the 2019 edition of the Nigerian Oil and Gas Opportunity Fair (NOGOF) held in Yenagoa, Bayelsa State on April 4, 2019. Shell beat other competitors ,Total and Exxon Mobil to…
LAGOS APRIL TH (NEWSRANGERS)-LAGOS APRIL 6TH (NEWSRANGERS)-Nigeria is building a new deep-seaport and considering two additional facilities to ease congestion at Apapa seaports, which currently handle about 80 per cent of all shipping traffic in the country. A new facility is already under construction in the Lekki Free Trade Zone in Lagos through a public-private…
LAGOS MARCH 21ST (NWSRANGERS)-No fewer than 40 leaders in the banking industry in West Africa region will gather in Lagos, Nigeria between the coming 23 -24 April, to discuss efforts aiming to increase financial inclusion across West Africa region by 2020 in the Future Banking Tech West Africa Summit. The first of its kind event…
By Adriano Rioja Ciprian LAGOS MARCH 15TH (NEWSRANGERS)-In yet another landmark reform for its hydrocarbons sector, Angola released in February 2019 a new Presidential Decree detailing the country’s oil licensing strategy for the next six years. Published in February 2019, Presidential Decree No. 52/19 is a continuation of the Lourenço administration’s efforts to incentivize investments…
LAGOS, Nigeria, March 14, 2019/ — Dangote Fertilizer Limited has entered into a long-term agreement with Chevron Nigeria Limited (CNL) for the delivery of Natural Gas from Chevron’s supply portfolio to the fertilizer plant, which is poised to start operations soon. The contract, under the Gas Sale and Aggregation Agreement (GSAA) is part of International…
LAGOS MARCH 6TH (NEWSRANGERS)-Another 120 youth entrepreneurs from seven states of the Niger Delta have been given Shell Nigeria LiveWIRE business training and N48 million by The Shell Petroleum Development Company (SPDC) Joint Venture to begin small-scale businesses in their respective states in the expectation that they will become models for alternative livelihoods as part…
