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Asian imports of West African oil jump in April |
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Asian refiners and oil traders have bought around 1.83 million barrels per day (bpd) of West African crude for loading this month, the second-highest recorded, driven by strong Chinese demand and cheap freight.
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Cross River govt. sets aside N1 billion for farmers |
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The All Farmers Association of Nigeria (AFAN) in Cross River says the state government has earmarked N1 billion for disbursement as loan to its members in the current farming season.
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JTF issues alert on plans to attack Shell facility |
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Operation Restore Hope”, the Joint Military Taskforce in the Niger Delta, has issued an alert on a plot to attack a facility of Shell Petroleum Development Company (SPDC) in the region.
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Sokoto govt to establish micro finance banks in 23 local govts – Wamakko |
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The Sokoto State Government is to establish micro finance banks in each of its 23 local government areas. Governor Aliyu Wamakko disclosed this in Sokoto at the 2010 Annual Bankers’ Day.
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Company trains 100 youths in furniture making |
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From Ahmed Kaigama, Bauchi Bauchi State Furniture Company (BSFC) has trained no fewer than 100 youths in furniture production to complement Bauchi state government’s effort at creating more employment among the youth in the state.
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21,856 Kaduna traders benefit from N155m loan |
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From Sekyen Dadik, Kaduna As part of its poverty alleviation strategy, the Kaduna State govern-ment has disbursed the sum of N155m as micro-credit loan to about 21,856 traders from 252 market associations in the state.
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Nigeria, Portugal to initiate bilateral trade relationship |
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By Abdulwahab Isa & Muhammad Nasir Portugal and Nigeria have underscored the importance of developing a mutual bilateral trade relationship between the two nations.
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Fair participants say timing wrong for patronage |
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Alhaja Folashade Ali, a dealer in kitchen wares, who is participating at the on-going Abuja fair has complained of drop in sales volume.
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Power sector reform key to tyre production, says Akpadioka |
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The Chief Representative of Hankook Tyres Company in Nigeria, Mr. Vincent Akpadioka, has advised government to accelerate its reforms in the power sector as this would discourage the trend of importing tyres into the country.
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