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Ekemini Uba 4404 posts 0 comments

Business

NNPC Pledges 221,000bpd To Repay $5.5bn Loans

Aug 20, 2024 0
The Nigerian National Petroleum Company (NNPC) Limited has pledged 221,000 barrels per day (bpd) of crude oil to…
Business

FG to commence naira crude oil sales to Dangote refinery October 1

Aug 20, 2024 0
The Nigerian Federal Government will begin selling crude oil to the Dangote Refinery in naira starting October 1,…
Business

Amidst fuel crisis, NNPC Retail cedes total control to OVH

Aug 20, 2024 0
The ownership of NNPC Retail, the downstream arm of the Nigerian National Petroleum Company Limited (NNPC), has…
Business

NNPC battles deepening fuel scarcity, black market booms

Aug 19, 2024 0
The Nigerian National Petroleum Company Limited (NNPC) promised to resolve the ongoing petrol scarcity by…
Energy

MTN, others get permits to generate electricity

Aug 19, 2024 0
The Nigerian Electricity Regulatory Commission (NERC) has issued nine new off-grid generation licenses in the…
Business

FG shifts N150bn loan disbursement for manufacturers to September

Aug 19, 2024 0
The Federal Government has delayed the start of a N150 billion loan disbursement for manufacturers and MSMEs to…
Business

NAHCO denies N778m fraud allegations

Aug 19, 2024 0
The Nigerian Aviation Handling Company (NAHCO) has strongly denied allegations of fraudulent activities related to…
Market

N847bn lost as equity market extends downtrend

Aug 19, 2024 0
The Nigerian equity market continued its decline for the second week, shedding N847.03 billion as the All-Share…
Business

External reserves shed $343m in nine days, says CBN

Aug 19, 2024 0
Nigeria’s foreign exchange reserves fell by $342.97 million in just nine days, reducing the total to $36.53…
Banking

FCMB appoints new board members

Aug 19, 2024 0
First City Monument Bank Limited has appointed Ademola Adebise and Mrs. Olufunmilayo Adedibu to its board of…
Banking

Union Bank begins recapitalisation

Aug 19, 2024 0
Union Bank of Nigeria is kicking off a recapitalisation effort to boost its financial stability. This move…
Business

NSITF Targets One Million Annual Registration, Settles Over 100,000 Claims

Aug 16, 2024 0
The Managing Director and CEO of the Nigeria Social Insurance Trust Fund (NSITF), Mr. Oluwaseun Faleye, announced…
Business

Dwindling Telecom investments: NIGCOMSAT proposes strategic partnerships to…

Aug 16, 2024 0
Nigeria’s telecommunications industry is facing a downturn due to the devaluation of the naira, which has…
Market

Delay In Crude Supply To Dangote Refinery Poses Risk To Nigeria’s Economy — EIU…

Aug 16, 2024 0
The Economist Intelligence Unit (EIU) has raised concerns that further delays in securing crude oil feedstock for…
Business

SEC to set up special units as unclaimed dividends hit N215bn

Aug 16, 2024 0
The Securities and Exchange Commission (SEC) is launching a special unit and developing a mobile application to…
Business

Consumer Goods Companies report reduced margins in the first half of 2024, blame…

Aug 16, 2024 0
In the first half of 2024, consumer goods companies listed on the Nigerian Stock Exchange (NGX) reported a…
Africa

Nigeria, Equatorial Guinea sign gas pipeline agreement

Aug 16, 2024 0
On Wednesday in Malabo, Nigeria's President Bola Tinubu and Equatorial Guinea's President Teodoro Mbasogo signed…
Energy

5,000MW power generation shameful, says minister

Aug 16, 2024 0
Minister of Power, Adebayo Adelabu, expressed strong discontent with Nigeria's current electricity generation…
Business

NUPRC sued in 70 cases this year – Official

Aug 16, 2024 0
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has been involved in over 70 legal cases this year…
Banking

GTB confirms hackers attempt to compromise website

Aug 16, 2024 0
Guaranty Trust Bank Plc (GTBank) has confirmed an isolated incident involving an attempt to compromise its website…
Market

Equity market extends loss to fourth consecutive day

Aug 16, 2024 0
The Nigerian equity market continued its downward trend on Thursday, marking the fourth consecutive session of…
investment

Multi-billion naira Jauri Inland Dry Port to come on mainstream soon – Zulum

Aug 15, 2024 0
Governor Babagana Zulum of Borno State has reaffirmed the government's dedication to advancing the Jauri Inland…
Local

Dangote Refinery Denies Setting Petrol Price at N600 per Litre

Aug 15, 2024 0
The Dangote Refinery has dismissed claims that it has set the price of Premium Motor Spirit (PMS), commonly known…
investment

Chinese firm to invest $50m in tin, others in Nasarawa

Aug 15, 2024 0
Nizhong Mining Company, a Chinese firm, has announced plans to invest $50 million in the exploration and…
Business

Senate to get bill for CBN’s N30trn Ways & Means liquidation

Aug 15, 2024 0
A bill aimed at liquidating the Central Bank of Nigeria’s (CBN) outstanding N30 trillion Ways and Means advances…
Market

FG Approves Implementation of Zero Duty, VAT Exemption on Selected Food Items

Aug 15, 2024 0
The Nigerian federal government has approved a regulation implementing a Zero percent Duty Rate and Value Added…
Business

MTN-MUSON Scholarship Program Opens for Music Talents

Aug 15, 2024 0
The MTN Foundation, in collaboration with the Musical Society of Nigeria (MUSON), has announced the opening of…
Energy

63 illegal refineries seized in one week – NNPC

Aug 15, 2024 0
The Nigerian National Petroleum Company Limited (NNPC) has discovered and confiscated 63 illegal refineries in the…
Africa

United Capital supports first $1.4m corporate bond in S’Leone

Aug 15, 2024 0
United Capital Group has successfully led the issuance of Sierra Leone’s first local currency corporate bond,…
Business

European banks reluctant to fund fossil fuel – SPE chair

Aug 15, 2024 0
Salahudeen Tahir, Chairman of the Society for Petroleum Engineers in Nigeria, revealed at the 47th Nigeria Annual…
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NIGERIA

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NNPC/Seplat JV Transforms Lives with ‘Eye Can See’ Free Eye Care Programme in Imo

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World

Saudi warns of $50 oil if OPEC+ fails to honour cut deal

Oct 3, 2024

Walz, Vance clash at policy-heavy vice presidential debate

Oct 2, 2024

Refugees Contribute $124b To U.S. Economy

Oct 2, 2024
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