Tuesday, July 1, 2025

archiveMarch 2019

NEWSTOP STORY

Nigeria still has 41bn barrels of untapped crude – NNPC GMD

After over 60 years of exploration, Nigeria still has over 41 billion barrels of crude oil reserves untapped, the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Maikanti Baru, has disclosed. Nigeria discovered crude oil in 1956 at Oloibiri in the present-day Bayelsa State. Production began a  later...
NEWSTOP STORY

CAC registers 73,000 companies in three months

The Corporate Affairs Commission (CAC) has registered over 73,000 companies within three months under its cost-friendly Business Incentive Strategy (BIS) rolled out in October last year, Acting Registrar-General of the commission, Lady Azuka Azinge has said. According to Azinge, “From 1st October to 31st December, 2018, we registered 73,000 companies...
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