…Project to deliver 350mcf/d, generate $4bn over lifespan By Obas Esiedesa, Abuja ABUJA — TotalEnergies EP Nigeria Limited and AMNI International Petroleum Development Company Limited have signed the Final Investment Decision, FID, for the $600 million Ima Gas Development Project, which is expected to deliver 350 million standard cubic feet of gas daily to support…
By Muhyideen Jimoh President Bola Tinubu’s economic diplomacy recorded another breakthrough during strategic investment talks in Kigali, Rwanda on Thursday with promise by global port operator, APM Terminals to invest 600 million dollars for major projects across Nigeria’s maritime and logistics sector. The investment commitments aimed at strengthening Nigeria’s maritime infrastructure and expanding private-sector participation…
The Federal Government on Wednesday inaugurated an inter-ministerial committee on oil palm traceability to curb the over $600 million spent annually on importing oil palm into the country. The Minister of Agriculture and Food Security, Senator Abubakar Kyari, disclosed this in Abuja at the inauguration of the National Palm Oil Traceability Framework and Inter-Agency Committee…
Drug design and development company Isomorphic Labs announced it raised $600 million in its first external funding round. Thrive Capital led the round, with participation from GV (Google Ventures) and existing investor Alphabet. WHAT IT DOES Isomorphic Labs, launched in 2021 with Google DeepMind, unveiled its newest joint AI offering AlphaFold 3, an AI model…
