Business and Economy
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Fidelity Bank issues largest ticket Tier II local bonds
By Itohan Abara-Laserian Lagos, Feb. 14, 2021 Fidelity Bank Plc says it has successfully issued 10 years N41.21 billion in…
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BPE holds Investors Webinar on four concession opportunities Feb 23, 2021
The Bureau of Public Enterprises (BPE) will hold an International Investors’ webinar to showcase investment opportunities in four enterprises slated…
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Allegations that SPDC’s under-reported 2 million barrels of crude, false says DPR
The Department of Petroleum Resources (DPR) has dismissed media reports that it uncovered ‘missing 2 million barrels of crude’ in…
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Niger Delta: Embrace entrepreneurship for economic survival, NCDMB Boss, Wabote, tasks young Nigerians
By Precious Akutamadu Port Harcourt, Feb.12, 2021 Mr Simbi Wabote, the Executive Secretary of the Nigerian Content Development and Monitoring…
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Crytocurrencies: SEC to suspend admittance of persons affected by CBN circular
By Chinyere Joel-Nwokeoma Lagos, Feb. 11, 2021 The Securities and Exchange Commission (SEC) says it will put on hold, admittance…
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Senate invites Emefiele, Yuguda, over Cryptocurrency ban
The Senate has mandated its Committees on Banking, Insurance and Other Financial Institutions; ICT and Cybercrime; and Capital Market to…
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Senate confirms Kuru, Hassan as MDs of AMCON, NDIC
The Senate on Wednesday confirmed the nominations of Mr. Ahmed Lawan Kuru; and Bello Hassan as Managing Directors of the…
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Identification: CBN directs banks, others, to accept travel documents, refugee ID card
By Kadiri Abdulrahman Abuja, Feb. 10, 2021 The Central Bank of Nigeria (CBN) has directed commercial banks and other financial…
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Nigeria Oil and Gas Industrial Park in Bayelsa to be ready in Q4, 2022 says Wabote, NCDMB Boss
The Nigeria Oil and Gas Park project promoted by the Nigerian Content Development and Monitoring Board (NCDMB) in Emeyal 1…
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COVID-19: CACOVID to buy Vaccines through FG, plans on distribution
The private sector-led Coalition Against COVID-19 (CACOVID) has clarified that only the Federal Government, through the National Primary Healthcare Development…
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NNPC rallies industry stakeholders for upstream cost optimization ….As Sylva launches NUCOP
The Nigerian National Petroleum Corporation (NNPC) has called on stakeholders in the oil and gas industry to join in working…
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Amaechi outlines Buhari’s economic development drive in the Transportation sector
Minister of Transportation, Rt Hon Chibuike Rotimi Amaechi has hailed President Muhammadu Buhari’s strides in the transportation sector as key…
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NNPC records 54% increase in Trading Surplus for November …Posts Crude Oil, Gas Export sales of $108.84m
The Nigerian National Petroleum Corporation (NNPC) has announced a trading surplus of ₦13.43billion for the month of November 2020 up…
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In Gwoza, Zulum shares N150m grants to traders, food to 27,000 vulnerable persons …Opens health centre in Kawuri
Governor Babagana Umara Zulum is currently in Gwoza local government area of southern Borno for humanitarian and developmental activities which…
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Nigerian Petroleum Industry Bill (PIB): Balancing Stakeholders’ interests By Prof Chijioke Nwaozuzu
There is a fundamental interdependence between host countries and the international oil companies (IOCs) in the development of natural resources.…
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NCDMB supports 2,000 bpd Modular Refinery as construction begins in Brass, Bayelsa
The Nigerian Content Development and Monitoring Board (NCDMB) on Wednesday said construction for a 2,000 barrels per day (bpd) modular…
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Obi faults FG’s poverty eradication strategies
Vice Presidential Candidate of the Peoples Democratic Party (PDP) in 2019 elections, Mr. Peter Obi, has explained why the cash…
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Samsung, TEC offer Nigerians 6 months’ interest-free payment on latest Galaxy S21 devices
Global Original Equipment Manufacturer (OEM), Samsung has partnered with Africa’s foremost technology and lifestyle hub, Tech Experience Centre to offer…
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FBN Holdings announces new board members
By Itohan Abara-Laserian Lagos, Jan. 30, 2021 FBN Holdings Plc has announced the appointments of Mr Seni Adetu and Mrs…
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Fidelity Bank launches ‘Pay Yourself’ for salary earners
By Itohan Abara-Laserian Lagos, Jan. 29, 2021 Fidelity Bank Plc on Friday launched its ‘Pay Yourself’ product for customers whose…
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CBN commits N50bn to reposition Nigeria’s commodity exchange, says Emefiele
By Kadiri Abdulrahman Abuja, Jan. 28, 2021 The Central Bank of Nigeria (CBN) says it is committing N50 billion to…
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PIB: Senate President pushes for reduced cost of crude oil production
President of Senate, Ahmad Lawan has pushed for a cost reduction in the production of crude oil by International Oil…
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NNPC records 92% increase in sales of Petroleum products in October …Increases Gas supply to power plants by 8.60%
The Nigerian National Petroleum Corporation (NNPC) has announced that its downstream subsidiary, the Petroleum Products Marketing Company (PPMC), recorded…
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Contract for renovation of national arts theatre to be awarded soon— Emefiele
By Lydia Ngwakwe Lagos, Jan. 26, 2021 The Central Bank Governor, Mr Godwin Emefiele, has expressed hope that a contract…
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NSE gains N259bn as MPC retains interest rate at 11.5%; Experts applaud CBN’s rates retention
By Chinyere Joel-Nwokeoma Lagos, Jan. 26, 2021 The Nigerian Stock Exchange on Tuesday extended growth by N259 billion following interest…
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