Business and Economy
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Ecobanks holds Diaspora Independence Webinar; Dabiri-Erewa, Akinwuntan, Kazeem Bello, others to feature
Ecobank Plc, the Pan African Bank, is holding “The Diaspora Independence Webinar” tomorrow, Sunday, October 18, 2020. The program has…
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CBN website not hacked
The Central Bank of Nigeria, CBN, has denied reports that its website has been hacked. A statement by Osita Nwanisobi,…
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Renewed interest: Nigeria stock market records N164bn growth
By Chinyere Joel-Nwokeoma Lagos, Oct. 16, 2020 After two days of cautious trading, Nigeria’s bourse on Friday recorded N164 billion…
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NNPC releases 2019 Audited Financial Statement, reduces loss by 99.7%
Barely five months after publishing its 2018 Audited Financial Statement, the Nigerian National Petroleum Corporation (NNPC) has released its 2019…
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NIMASA DG appointed Chairman, CELTRAS, UNIPORT
· It’s a great spur to more work – Jamoh The University of Port Harcourt has announced the appointment of…
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EFCC arraigns man for N10m fraud
The Kano Zonal office of the Economic and Financial Crimes Commission has arraigned one Sadiq Yusuf before Justice M.T.M Aliyu…
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Maritime security, trade: Korea, Belgium pledge more support for NIMASA · Agency committed to safe Nigerian maritime domain – Jamoh
South Korea and Belgium have pledged more support for the Nigerian Maritime Administration and Safety Agency (NIMASA) in its drive…
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Air Peace takes delivery of new 50-seater aircraft, expects 2 more
By Yunus Yusuf Lagos, Oct. 11, 2020 Air Peace, has taken delivery of a new 50-seater Embraer 145 Jet to…
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CBN directs banks to comply with SWIFT universal payment confirmations
By Kadiri Abulrahman Abuja, Oct. 10, 2020 The Central Bank of Nigeria (CBN), has directed all banks operating in the…
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Mercedes-Benz Cars, Vans continue positive development of unit sales in third quarter
• In the first nine months of the year, Mercedes-Benz Cars & Vans sold 1,792,744 cars and commercial vans worldwide.…
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Baruwa Gas Plant Fire: NNPC commiserates with Lagosians …Says Corporation’s pipelines no where near location of incident
The Nigerian National Petroleum Corporation has commiserated with the Government and people of Lagos State, and particularly the residents of…
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N106b refund: Okorocha hits back at Uzodinma; Says his shadow is chasing him
Senator Rochas Okorocha has hit back at Governor Hope Uzodinma, saying that the verdict of the panel that asked him…
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NCDMB, NITDA set up committee on local content development in oil, gas
By Solomon Asowata Lagos, Oct. 7, 2020 The Nigerian Content Development and Monitoring Board (NCDMB) and the National Information Technology…
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Downstream Sector deregulation will boost investment in refining – Kyari …Calls for collaboration among downstream players across Africa
The deregulation of the downstream sector of the oil and gas industry in Nigeria will increase investment in the refining…
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FG hails TD Africa, identifies Tech Experience Centre as strategic to Nigeria’s digital future
The Tech Experience Centre, an ambitious technology project aimed at bridging the gap to cutting-edge technology for millions of Nigerians,…
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Pantami, Sanwo-Olu, Abdullahi, Ndukwe, other dignitaries grace Tech Experience Centre launch
It was an impressive gathering of dignitaries at the imposing Yudala Heights on Idowu Martins, Victoria Island, Lagos on Thursday,…
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Sam Mbakwe road to collapse, unless…Federal, State govts’ attention urgently needed
The popular Sam Mbakwe Road in Obowo Local Government Area of Imo State, Nigeria will soon be cut into two…
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Oil extends losses after Trump tests positive for COVID-19
Tokyo, Oct. 2, 2020 Oil prices extended losses to about three per cent on Friday after U.S. President Donald Trump…
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World Coffee Day: Nestlé helps boost Coffee production in Africa
Africa accounts for about 12% of the world’s coffee production and the high-quality and taste of coffee from the continent…
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P&ID: Nigeria’s foreign reserves swell by $200Million
LONDON Nigeria’s Foreign Reserves received a $200 million boost on Tuesday, September 29, 2020, following the order of the London…
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Osinbajo urges destination countries to insist on repatriation of illicit funds
By Chijioke Okoronkwo Abuja, Sept. 28, 2020 Vice President Yemi Osinbajo has urged leaders of destination countries to insist on…
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PIB: Sylva dispels reports over alleged scraping of NNPC
By Kingsley Okoye Abuja, Sept. 28, 2020 Minister of State for Petroleum, Timipre Sylva has demised media reports that the…
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When CBN Spokesman, Isaac Okorafor, gave out his daughter in marriage in style
Saturday, September 12, 2020 was a memorable day in Arochukwu Local Government Area of Abia State, Nigeria. On that auspicious…
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MOMAN, other downstream players hail FG, Pledge support for deregulation …As Kyari assures of resolution of forex issues
Stakeholders in the Downstream Sector of the Nigerian Oil and Gas Industry, including the Major Oil Marketers Association of Nigeria…
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Nigeria: Sale of assets as dangerous policy myopia? By Chukwuma Soludo
I have just read the wide media coverage regarding the recommendations of the National Economic Council (NEC) as well as…
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