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NNPC woos investors for NLNG train 7
The Nigerian National Petroleum Corporation (NNPC) has reiterated its commitment towards harnessing Nigeria’s abundant resources for the benefit of Nigerians. It’s Group…
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Emefiele says Nigeria spends $1.2bn to import fish annually
The Governor of Central Bank of Nigeria (CBN), Mr Godwin Emefiele says about $1.2 billion dollars worth of fish is imported into…
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FG, States, Council share N740.880b
The Federal Account Allocation Committee (FAAC), in Abuja at its meeting, shared to the Federal Government, States and Local Government Councils a…
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PTAD verifies 10,357 pensioners in South East
Over 10,000 pensioners of Federally funded Parastatals, Agencies and Institutes under the Defined Benefit Scheme (DBS) have been verified by the Pension…
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Forex intervention: CBN injects $314.74m, CNY 23.5m into Retail SMIS
In continuation of its intervention in the inter-bank foreign exchange market, the Central Bank of Nigeria (CBN) on Friday, September 20, 2019,…
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MPC retains MPR at 13.5 recommends privatisation of assets
The Monetary Policy Committee (MPC) has retained the Monetary Policy Rate (MPR) at 13.5 per cent. Mr Godwin Emefiele, the Governor of…
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FCMB Excites More Customers with Cash, Gifts at the “Millionaire Promo Season 6’’ Third Draws
On Wednesday, September 18, 2019, FCMB delighted and empowered another set of 644 customers with cash and various exciting gifts at the…
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Excess Crude Account depleted to $274.583m
Nigeria’s Excess Crude Account has been depleted to an all time low of $274.583 million. The amount can not tide Nigeria over…
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Etinosa Yvonne emerges winner of 2019 Access Bank Art X prize
Budding documentary photographer, Etinosa Yvonne, has been announced as winner of the highly-coveted 2019 Access Bank Art X prize during the official…
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P&ID pleads guilty of fraud, tax evasion, to forfeit assets
Process and Industrial Development P&ID, that won an arbitration case of $9.7 billion against the federal government of Nigeria has pleaded guilty…
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World’s first borderless digital “State” launched, to lend a voice to Young people, including African youth
An ambitious new non-political, non-religious digital "state" that aims to transcend national borders and empower the global youth community (13-24 years old)…
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Nigerian Equities market resumes Bearish run, investors lost N42.7bn
In today’s trading session, selloffs in GUARANTY (-1.9%), ZENITHBANK (-1.8%) and ACCESS (-3.3%) dragged the benchmark index 13bps lower to 27,646.15 points. As…
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Oyo-Ita sacked as PMB appoints Yemi-Esan as Ag. HoCSF, redeploys 7 Perm Secs
President Muhammadu Buhari has approved the appointment of Dr. Mrs. Folashade Yemi-Esan as the Acting Head of the Civil Service of the…
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Lafarge Africa Chief Finance Officer resigns
Lafarge Africa Plc on Wednesday announced the resignation of its Chief Finance Officer, Mr Bruno Bayet. The company stated this in a…
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GenCos releases 3,367 MWH of electricity to national grid – report
Electricity Generation Companies (GenCos), comprising gas-fired and hydro stations, said they released an average of 3,367 MegaWatts/Hour of electricity into the national…