Business and Economy
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Dorman Long lauds NCDMB on local content; Announces 75th Anniversary Celebrations
The Nigerian Content Development and Monitoring Board (NCDMB) has been applauded for its steadfast commitment to the growth of local…
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Otti inaugurates high-powered Abia Global Economic Advisory Council
Gov. Alex Otti of Abia at the inauguration of Abia Global Economic Advisory Council By Ihechinyere Chigemeri-Uwom Umuahia, Jan. 18,…
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Kyari advocates academia-industry collaboration for energy sufficiency, sustainability
…Says NNPC Ltd’s Command-and-Control Centre has aided battle against crude oil theft, pipeline vandalism The Group Chief Executive Officer of…
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FAAN relocates headquarters from Abuja back to Lagos
By Grace Alegba Lagos, Jan. 18, 2024 The Federal Airports Authority of Nigeria (FAAN) says it is relocating its headquarters…
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CBN tackles FX transactions abuses in clearing liabilities backlog
.…To continue settlement of verified FX backlog Abuja The Central Bank of Nigeria (CBN), in its bid to clear the…
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Abia modular refinery comes on stream in 2025 – Commissioner
By Ihechinyere Chigemeri-Uwom Umuahia, Jan. 17, 2024 The Commissioner for Information and Culture, Mr. Okey Kanu, has said that the…
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Blackmail, not forex, major reason for multinationals exiting Nigeria – Ekeh; Wants suspended Census activated
Serial digital entrepreneur, Leo Stan Ekeh, has spotlighted the chief reasons why multinationals are exiting Nigeria and warned that if…
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Dabiri-Erewa congratulates Ogunlesi as he joins Africa’s billionaires club
Abuja, JÀN. 16, 2024: Hon. Abike Dabiri-Erewa, Chairman/CEO, Nigerians in Diaspora Commission (NIDCOM) has congratulated Mr. Adebayo Ogunlesi, a renowned…
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FrieslandCampina WAMCO Nigeria gets new MD
By Oluwafunke Ishola Lagos, Jan. 15, 2024 FrieslandCampina WAMCO Nigeria Plc has appointed Roger Adou as the Managing Director, effective…
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Total Energies visits NCDMB, reconfirms FID for Ubeta Project in 2024; Others underway
Hopes of new projects that would revitalize the Nigerian oil and gas industry and grow local content appear close to…
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Steel: Tinubu receives brief on $10bn investment prospects
By Ismail Abdulaziz Abuja, Jan. 11, 2024 President Bola Tinubu on Thursday held a meeting with the Minister of Steel…
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Academia has role to play in Blue Economy – Jamoh
….We will adjust curricula – UNILAG Vice Chancellor The Director General of the Nigerian Maritime Administration and Safety Agency, Dr.…
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CBN dissolves boards, management of Union, Keystone, Polaris banks
By Kadiri Abdulrahman Abuja, Jan. 10, 2024 The Central Bank of Nigeria (CBN) has dissolved the boards and management of…
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Chevron Nigeria gets new Chairman/Managing Director
Lagos, January 9, 2024: Chevron Nigeria Limited (“CNL”), operator of the joint venture between the Nigerian National Petroleum Company Limited…
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NCDMB Exec Sec visits NUPRC, NIACOM, outlines collaboration opportunities
The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe on Tuesday visited the…
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UBA surpasses N1trn market capitalisation mark
By Rukayat Adeyemi Lagos, Jan. 8, 2023 Africa’s Global Bank, United Bank for Africa (UBA) Plc, has joined the group…
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Dangote Refinery set for production, receives 6th batch of 1m Crude oil barrels
Dangote Refinery appears set to commence production of refined petroleum products with the receipt of the sixth batch of barrels…
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Tinubu dismisses FCCPC, BPE CEOs
By Ismail Abdulaziz Abuja, Jan. 8, 2024 President Bola Tinubu has dismissed the heads of the Federal Competition and Consumer…
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DMO lists 2 FG savings bonds for subscription in first 2024 offer
By Kadiri Abdulrahman Abuja, Jan. 8, 2024 The Debt Management Office (DMO) listed two Federal Government of Nigeria savings…
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CBN disburses $61m to foreign airlines to settle mature foreign exchange backlog
CBN Governor, Yemi Cardoso By Kadiri Abdulrahman Abuja, Jan. 7, 2024 The Central Bank of Nigeria (CBN), says it has…
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Dangote reacts to EFCC’s visit to its Headquarters …Says agency only visited, not raided head office
Management of Dangote Industries Limited has doused the concerns of stakeholders following the visit to its Head office in Lagos…
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NNPC Ltd gifts N200,000 PMS voucher to lady mocked on social media
Mummy Zee, NNPC Ltd N200,000 PMS voucher beneficiary By Emmanuella Anokam Abuja, Jan. 6, 2024 The Nigerian National Petroleum Company…
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Dangote Refinery receives fifth one million barrels of crude oil cargo; 6th cargo next week
Dangote Petroleum Refinery, on Thursday, received the fifth crude oil shipment of one million barrels of Bonny Light supplied by…
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Africa’s growth to increase in 2024, says UN report
By Cecilia Ologunagba New York, Jan. 4, 2024 Africa’s growth rate is projected to slightly increase from 3.3 per cent…
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No increase in PMS prices, NNPC Ltd. assures Nigerians
The Nigerian National Petroleum Company (NNPC) Ltd. has dismissed as unfounded rumours of an imminent increase in the cost of Premium…
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