Business and Economy
-
Benin Rep. joins 16 other countries to accede to establishment agreement for Afreximbank’s FEDA
KIGALI , Rwanda, May 24, 2024 The Republic of Benin has become the latest African nation to accede to the…
Read More » -
NASCON grows turnover by 37%: Assures Shareholders of continuous growth, value creation
NASCON Allied Industries Plc has assured its shareholders of continuous growth and value creation in 2024. The Company gave the…
Read More » -
Chevron Nigeria Limited reiterates commitment to the environmental stewardship
Lagos, Nigeria. May 23, 2024: Chevron Nigeria Limited (CNL), operator of the joint venture between the Nigerian National Petroleum Company…
Read More » -
Tinubu, Adesina, Obi, Ovia, Olaoye, others speak at Nigerian American Business Forum Confab in USA
Nigeria’s President Bola Tinubu, African Development Bank (AfDB) President, Dr. Akinwunmi Adesina, Presidential Candidate of Labour Party (LP) in the…
Read More » -
Why we hiked Monetary Policy Rate to 26.25 per cent By Cardoso, CBN Governor (Full statement)
Full text of a statement read by the Central Bank of Nigeria (CBN) Governor, Mr. Olayemi Cardoso, after the meeting…
Read More » -
CBN raises interest rate by 150 basis points to 26.25% from 24.75%
By Kadiri Abdulrahman Abuja, May 21, 2024 The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN), has…
Read More » -
Transcorp Power Plc reports strong results post listing: N142 Billion revenue, N52.8 Billion PBT; Declares N23.46 Billion dividend
Lagos, May 20, 2024 Transcorp Power Plc, a subsidiary of Transnational Corporation Plc (Transcorp Group), announced impressive financial performance at…
Read More » -
UBA 75th Anniversary: GMD praises Elumelu
UBA management team at a news conference heralding the bank’s 75th Anniversary on Monday in Lagos By Rukayat Adeyemi Lagos,…
Read More » -
Spiro agrees to US$50 Million debt facility with Afreximbank to accelerate expansion
Spiro, the largest electric vehicle company in Africa, is pleased to announce it has signed heads of terms for US$50…
Read More » -
AfDB commits $2 billion; Leads the way at landmark summit for access to clean cooking in Africa
The African Development Bank Group pledged $2 billion over 10 years towards clean cooking solutions in Africa—a major step along…
Read More » -
NNPC Ltd clarifies Lagos Depot fire incident .…Says normalcy restored
The Nigerian National Petroleum Company Limited (NNPC Ltd) has clarified that the fire incident at a tank farm in Marine…
Read More » -
Afreximbank deepens collaboration with ITFC, ICD to advance Africa’s Economic Cooperation
Cairo, May 16, 2024: On the sidelines of the recently concluded 2024 Islamic Development Bank (IsDB) Group Annual Meetings and…
Read More » -
Alleged copyright infringement: NCC accuses MTN Nigeria MD of evading service
By Taiye Agbaje Abuja, May 14, 2024 The Nigerian Copyright Commission (NCC), on Tuesday, accused Mr. Karl Toriola, the Managing…
Read More » -
NIMASA launches reviewed minimum wage document for seafarers
● We will promote an equitable Maritime Labour industry – Mobereola. The Nigerian Maritime Administration and Safety Agency (NIMASA) has launched…
Read More » -
NNPC E&P Ltd, NOSL hit first oil in OML 13, Akwa Ibom State
NNPC Exploration and Production Limited (NNPC E&P Ltd), NNPC Ltd.’s flagship upstream subsidiary, and Natural Oilfield Services Ltd (NOSL), a…
Read More » -
NCDMB Exec Sec visits pipe coating firms, pledges support for local capacities
The Nigerian Content Development and Monitoring Board (NCDMB) has reassured oil and gas stakeholders that service companies and other manufacturers…
Read More » -
TotalEnergies launches 100 entrepreneurs for 2024 Startuppers Challenge
By Rukayat Adeyemi Lagos, May 9, 2024 TotalEnergies Nigeria has launched the 2024 Startuppers Challenge, which aims to reward 100…
Read More » -
NNPC Ltd committed to building huge oil, gas infrastructure to make sector thrive
The Nigerian National Petroleum Company Ltd (NNPC Ltd) says it will continue to invest in the development of huge oil…
Read More » -
Obi faults cyber security levy
By Monday Ajogun Awka, May 8, 2024 Mr. Peter Obi, the 2023 Presidential Candidate of the Labour Party (LP), has…
Read More » -
2024 oil bid round not meant for politicians – Minister
By Yusuf Yunus Houston, May 7, 2024 Mr. Heineken Lokpobiri, the Minister of State for Petroleum Resources (Oil), says the…
Read More » -
Again, NNPC Ltd cautions against panic buying
…Says 30-days PMS sufficiency intact As the nationwide supply and distribution of Premium Motor Spirit (PMS), also known as petrol,…
Read More » -
CBN exempts 16 items from Cybersecurity Levy…including salaries, loans, pensions, donations
The Central Bank of Nigeria (CBN) has exempted 16 items from the 0.5 per cent Cybersecurity levy on all electronic…
Read More » -
Oil bid round: FG assures conducive investment environment for investors
By Yunus Yusuf Houston, May 6, 2024 The Nigerian Upstream Petroleum Regulatory Commission(NUPRC) has pledged the country’s commitment to break…
Read More » -
Nigeria needs more public-private partnership to unleash digital economy – U.S
By Funmilola Gboteku Lagos May 6, 2024 The U.S Government on Monday said that Nigeria needs more international Public-Private Partnerships…
Read More » -
Aircraft technical fault: Shettima aborts US trip, sends Tuggar
By Salisu Sani-Idris Abuja, May 6, 2024 Vice-President Kashim Shettima who was scheduled to represent President Bola Tinubu at a…
Read More »
