Business and Economy
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Shell MD urges Nigerian companies to be creative, collaborate to benefit from local content opportunities
Industry players and companies ready to be creative and collaborate have immense business opportunities in providing quality solutions to the…
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Nigeria securing more sea time for Cadets despite COVID-19 …NSDP progressing as planned – Jamoh
The Nigerian Maritime Administration and Safety Agency (NIMASA) has made significant progress in securing sea time berths for cadets trained…
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Fuel: The day of reckoning is here By Louis Odion, FNGE
It is a factual error to conflate the subsidy uprising of 2012 and the crisis of 2020. True, both speak…
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Agencies in the presidency hold 2021 budget consultations
Federal government agencies in the Presidency have held consultations for the 2021 budget. The Permanent Secretary, State House, Mr Tijjani…
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NDDC cries out: Those planning protest in London against us want $3million
The Niger Delta Development Commission, NDDC, has cried out, that a planned protest against it in London, the United Kingdom,…
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First Bank MD, Adeduntan, receives Forbes Best of Africa Award; President Buhari hails
President Muhammadu Buhari has congratulated Dr Adesola Kazeem Adeduntan, the Managing Director of First Bank Nigeria Limited, for being named…
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CBN slams NESG, says it’s now a shadow of its old self with sinister motives, malicious intent
The Central Bank of Nigeria, CBN, has taken the Nigerian Economic Summit Group, NESG, to the cleaners over its press…
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SERAP condemns arbitrary electricity tariff, fuel price hike
Socio-Economic Rights and Accountability Project (SERAP) has condemned “the patently unfair and arbitrary hike in electricity tariff and fuel price…
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NIMASA key in stopping country’s oil dependence- Gov. Diri · Says Nigeria’s future lies in maritime development
Governor of Bayelsa State, Senator Duoye Diri, says the Nigerian Maritime Administration and Safety Agency (NIMASA) is key in efforts…
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Crude Affreightment: NIMASA revives move to change Terms of Trade • Seeks new maritime security strategy
The Nigerian Maritime Administration and Safety Agency (NIMASA) has revived efforts to change the Terms of Trade for the affreightment…
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NNPC obtains circa US$1B to fund Upstream Operations of NPDC
The Nigerian National Petroleum Corporation (NNPC) has obtained a prepayment funding of circa US$1b to support the upstream operations of…
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Akwa Ibom acquires 5th Bombadier aircraft CRJ – 190; As Gov. Emmanuel fulfils campaign promise
By Dennis Udoma, Uyo Its was celebration galore on Wednesday September 2, 2020 as Akwa Ibom State Government added a…
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Forex: Speculators set to count losses as Naira gains against Dollar
ABUJA Speculators in Nigeria’s foreign exchange market are set to count huge losses as the Naira continues to surge against…
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CAN urges Buhari to suspend CAMA; FG says it’s not targeted at churches
By Jessica Onyegbula Abuja, Sept. 1, 2020 The Christian Association of Nigeria (CAN), has called on President Muhammadu Buhari to…
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“We must help Africa build back boldly, but smartly,” says African Development Bank President Adesina
ABIDJAN, Ivory Coast, September 1, 2020/ In a speech kicking off his second term as African Development Bank (https://www.AfDB.org/) chief,…
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Fidelity Bank to release H1 result Sept. 28
By Itohan Abara-Laserian Lagos, Sept. 1, 2020 Fidelity Bank Plc is to publish its financial statement for half year ended…
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Zenith Bank GMD calls for concerted efforts to expand non-oil exports
The Group Managing Director/Chief Executive of Zenith Bank, Mr. Ebenezer Onyeagwu has called for concerted efforts towards diversifying the country’s…
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AMCON N5trillion debt: AMCON, Senate collaborate to drive recovery
“We want the 9th Senate of the Federal Republic of Nigeria to pile pressure on some of our obligors through…
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CBN resumes sales of foreign exchange to licensed BDC operators
By Mustapha Sumaila Abuja, Aug 27, 2020 The Central Bank of Nigeria (CBN) says it has commenced the sales of…
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Buhari directs mass metering to end estimated billing
By Chijioke Okoronkwo Abuja, Aug. 27, 2020 President Muhammadu Buhari has directed the commencement of a nationwide mass-metering programme as…
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Export: Emefiele to meet multinational coys CEOs
ABUJA The Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has disclosed plans to meet the Chief Executives of…
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Kyari lists parametres to sustainable growth in Nigeria Petroleum Industry
For the Nigerian Petroleum Industry to move forward in the face of the COVID-19 pandemic, the Nigerian National Petroleum Corporation…
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Proposed PIB will create sustainability in oil, gas sector – Slyva; Gas is future of Nigeria – Kyari, NNPC GMD
By Edith Ike-Eboh Abuja, Aug. 25,2020 The Minister of State for Petroleum Resources, Chief Timipre Sylva, says the proposed Petroleum…
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Jamoh: Inter-agency Collaboration Surest route to Maritime Security · Visits Comptroller-General of Immigration
Intensifying the quest for cooperation among relevant government agencies in a bid to secure Nigeria’s maritime domain, the Director-General of…
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Shell employees launch N82m free feeding programme at isolation centres
Employees of Shell companies in Nigeria have launched free feeding programme in COVID-19 isolation centres in seven states under…
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