Seplat Issues $650m Five-Year Senior Notes
Seplat Petroleum Development Company Plc, a Nigerian independent energy company, said on Sunday that it had priced its offering of…
Category: Local
Needless Tenure Elongation Of Federal Appointees
The Muhammadu Buhari administration has triggered yet another needless, distracting controversy by retaining two top federal public servants in their…
Most Nigerian Airports Not Viable, Says Senate Committee
The chairman of Senate committee on aviation, Senator Smart Adeyemi, says most airports in Nigeria are not viable. Adeyemi stated…
Take Advantage Of The N5bn Export Fund –NEPC
The Nigerian Export Promotion Council has called on all exporters and Small and Medium Scale Entrepreneurs to take advantage and…
Telcos Reject Demand By Banks For Sim Swap List
Telecommunication Companies have rejected the demand by Association of Chief Audit Executives of Banks in Nigeria (ACAEBIN) to submit lists…
Daily Fuel Consumption Hits 72.72m litres, Marketers Blame Smuggling
Petrol supply by the Nigerian National Petroleum Corporation hit a high of 72.72 million litres daily in December amid the…
Federal Government Moves To Revive Oil Fabrication Yard In Lagos
The Federal Government has expressed its readiness to assist in reviving a multimillion-dollar oil fabrication yard in Lagos State stalled…
Nigerian Startups Raise More Money In A Single Month Than Whole Of 2020
In a month tech investors decided to open their investment wallets in an unusual manner, five Nigerian startups have found…
Central Bank Digital Currencies: Challenges And Prospects
We expect central bank digital currencies (CBDC) to gain further momentum. This will likely be driven first and foremost by…
Assembly Okays Sanwo-Olu’s N4.4bn Vehicle Purchase Request
The Lagos State House of Assembly has approved N4.4bn for the procurement of vehicles for official use by ministries, departments…
Reps Summon Customs’ Auditors Over Non-Presentation Of Accounts
The House of Representatives’ Committee on Public Accounts on Thursday summoned the auditors engaged by the Nigeria Customs Service over…
Afreximbank, NEXIM Sign $50m Fund MoU To Stimulate Local Industries
African Export-Import Bank (Afreximbank) and Nigeria Export-Import Bank (NEXIM) have entered into a Memorandum of Understanding (MoU) to establish a…
Building Stronger Post COVID-19 GDP Growth With Fiscal, Monetary Buffers
For most analysts, Nigerian economy’s sudden exit from recession in the fourth quarter (Q4) of 2020 came as a surprise, driven…
At Last, FG To Increase Petrol Pump Price
After dillydallying, it is now official that the liability Nigerians fear most, fuel subsidy, is real and active after the…
Bulls Maintain Dominance As Capitalisation Rises By N45 Billion
The bulls maintained dominance on the equity sector of the Nigerian Stock Exchange (NSE) as more blue-chip stocks appreciated, resulting…
Nigeria’s Parliament Could Pass Oil Reform Bill In April -Minister
Nigeria’s parliament may pass the long-delayed Petroleum Industry Bill (PIB) in April, the country’s minister of state for petroleum said…
NNPC Yet To Remit N4.07 Trillion From 2015/2016 Crude Sales
A review of the 2015/2016 audited report of the Nigeria National Petroleum Corporation (NNPC) has revealed that the organisation may…
Nigeria May Pay More Than N200 Per Litre For Petrol In April, Says NNPC
Indications have emerged that Nigerians may likely pay more for petrol in April. This was disclosed Thursday by the Group…
Alleged Money Laundering: FG Tenders Before Court $1m Cash Allegedly Recovered From Former Chief of Air Staff, Umar Mohammed
The Federal Government on Thursday March 25 tendered before a Federal High Court in Abuja the sum of one million dollars…
UAE Waives Rapid Antigen Testing For Nigerians
As part of efforts to end the squabbles between Nigeria and United Arab Emirates (UAE), with regards flights between both…
Apapa: MAN Fumes As Gridlock Threatens 2,000 Export Cargoes
The Manufacturers Association of Nigeria Export Group, the Federation of Agricultural Commodity Association of Nigeria, and other stakeholders have lamented…
CBN Disburses N1.487tr To Boost Food Security
The Central Bank of Nigeria (CBN) has disbursed N1.487 trillion under its various agricultural programmes to boost food security. Its…
NCDC Announces 96 New COVID-19 Infections Nationwide
The Nigeria Centre for Disease Control announced 96 new cases of COVID-19 late on Wednesday, bringing the total number of…
Exporters Fault Cargo Suspension At Lagos Ports
Nigerian exporters have expressed their disappointment with the Nigerian Ports Authority’s temporary suspension of export at the Lagos Ports Complex…
NAICOM Moves To Enforce Compulsory Insurance Of Public Buildings
To drive the enforcement of the compulsory insurance of public buildings across the country, The National Insurance Commission (NAICOM) in…
Aig-Imoukhuede Seeks Insurance Revolution
Former Chief Executive Officer of Access Bank, Aigboje Aig-Imoukhuede, has emphasised the need to focus on and grow other segments…
MTN Nigeria Unveils Customer Engagement Platform
MTN Nigeria has unveiled a new unified customer engagement platform, EnGauge, designed to enable small-to-medium enterprise business owners seamlessly administer…
Nigeria: Devastating Floods Loom, NIHSA Warns Govt, Citizens
The Nigeria Hydrological Services Agency on Wednesday advised the three tiers of government and citizens across the country to prepare…
Here’s Why Investment-Interest In Eko Atlantic Is High Despite Economic Slowdown, Land Price
At a time when many developments are struggling to get off ground as a result of Covid-19 impact and general…
Report Indicts NNPC, CBN, Others Of Under-Remittance To Federal Government
A report from forensic auditors, KPMG has indicted about seven government revenue-generating agencies for under-remitting over N526.35 billion and $21.199…